00:00We made that important promise to working people that we wouldn't be increasing tax
00:05on them, whether that's national insurance, whether that's income tax, or whether that's
00:10VAT. I said it repeatedly into the election, we will keep that promise. Notwithstanding
00:16that this is a difficult budget, because as you know, we audited the books, we found that
00:21the last government left £22 billion gap unaccounted for. I've taken the decision,
00:27the Chancellor's taken the decision, that rather than continue with that fiction, we're
00:31going to run towards the problem, we're going to fix it, we're going to deal with that black
00:35hole, but that makes it difficult. But having sort of cleaned this down and fixed the foundations,
00:41we will then set out in the budget how we rebuild our country, make sure people are
00:45genuinely better off, that our NHS is not just back on its feet but fit for the future,
00:50and that our public services are running properly. Well, a working person is someone who goes
00:55out and earns their living with an income usually paid in pay slips every month or whatever
01:01it may be. Now that's a wide definition. What may be more helpful I think for people watching
01:05this is to know what do I, the Prime Minister, who do I have in my mind's eye, if you like,
01:10when I make the decisions that I make, when the Chancellor makes the decisions that she
01:13makes. I have in my mind the sort of people that go out, earn their living, have maybe
01:19a bit of savings but not huge savings, and when things get a bit tough they can't simply
01:26get a chequebook out and sort of write their way out of the problems that they're facing.
01:30It's those people I have most in mind. Working hard, saving where they can, of course I think
01:35most people try to do that where they can, although it's difficult, but the sort of people
01:39that have the anxiety I suppose in the bottom of their stomach that should something happen
01:45to them or their family, they know they can't simply write a cheque to get themselves out
01:49of any future difficulty. They're the people I have most in mind.
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