February 26, 2021
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1:47
3:42Now PlayingFormer Chancellor Lord Hammond has said the government must risk unpopularity and tell "some difficult home truths" about the state of the economy. He told the BBC that dealing with the pandemic had been the financial equivalent of "fighting a war".
But giving money away was easier than collecting it for "a populist government", he added. A No 10 spokeswoman said she "doesn't recognise" his characterisation of a government reluctant to be unpopular. She added that the pandemic had shown Boris Johnson was "a prime minister that is prepared to take difficult decisions and is weighing up very hard choices at the moment.”
The Budget next Wednesday comes amid rising unemployment and follows the biggest UK annual economic shrinkage on record.
This is a BBC News At Ten report on Thursday 25th February 2021 by the BBC’s Political Editor, Laura Kuenssberg, and hosted by Sophie Raworth.
Copyright (C) BBC, BBC News, BBC One, BBC Worldwide, 2021. If you would like me to remove this video, please contact me, not YouTube.
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