00:00There are tax rises coming down the track.
00:02Yes, but I think that this government are making...
00:04Sorry, in terms of the ambition of this government, it is big.
00:08But you agreed, yes, there are tax rises coming down the track.
00:11Well, I was really clear during the general election campaign,
00:13and we discussed this many times,
00:15that I would always make sure that the numbers add up.
00:18And, of course, challenges are being thrown our way,
00:20but I won't duck those challenges.
00:22Of course, we're looking at tax and spending as well,
00:25but the numbers will always add up with me as Chancellor.
00:28Can you promise the British people
00:30you're not going to get stuck in a doom loop
00:32of having to go through this cycle every year
00:34of having to find more tax to fill the black hole?
00:37Well, I think nobody wants that cycle to end more than I do, Sam.
00:42Will it end this year?
00:44That is why we're putting all the effort into growing our economy,
00:47because that, in the end, is what brings in the tax revenues
00:50to be able to afford to keep taxes low
00:52and to invest in our public services.
00:53Can you say the end of the doom loop will be...
00:55This year will put an end to the doom loop?
00:56I'm not sure if I would use those words,
00:59because our economy in the first half of this year
01:01was the strongest-growing economy in the G7.
01:03at the moment, it's going to stop happening.
01:08All right.
01:08We're doing this yellow level.
01:09We're doing this yellow level for everyone.
01:10See you soon.
01:10All right.
01:11Should we go through here?
01:11Your社, whoever wants that big blowers
01:12for these numbers and to see the money
01:14for them now?
01:14And let me visit you.
01:16844, Prag4, Prag4,
01:27what's up?
01:29Yes.
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