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THE BUDGET: Will it Help You Get a House? ...Yes... (if you're rich)

March 03, 2021
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bring<00:00:00.240> in<00:00:00.560> uh<00:00:00.799> gary<00:00:01.120> stevenson<00:00:01.760> who<00:00:01.920> used<00:00:02.080> to

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bring in uh gary stevenson who used to

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bring in uh gary stevenson who used to be<00:00:02.320> a<00:00:02.399> city<00:00:02.720> trader<00:00:03.040> now<00:00:03.199> works<00:00:03.520> as<00:00:03.679> an

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be a city trader now works as an

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be a city trader now works as an equality<00:00:04.319> campaigner<00:00:05.040> gary<00:00:05.359> good<00:00:05.520> to<00:00:05.600> have

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equality campaigner gary good to have

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equality campaigner gary good to have you<00:00:05.839> with<00:00:06.000> us<00:00:06.160> this<00:00:06.399> evening

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you with us this evening

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you with us this evening um<00:00:07.680> let's<00:00:08.000> begin<00:00:08.400> then<00:00:08.880> briefly<00:00:09.280> with<00:00:09.519> your

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um let's begin then briefly with your

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um let's begin then briefly with your thoughts<00:00:10.080> in<00:00:10.240> a<00:00:10.320> nutshell<00:00:10.800> really<00:00:11.120> as<00:00:11.200> to

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thoughts in a nutshell really as to

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thoughts in a nutshell really as to what<00:00:12.080> was<00:00:12.320> said<00:00:12.639> with<00:00:12.880> regards<00:00:13.519> to<00:00:13.920> housing

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what was said with regards to housing

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what was said with regards to housing and

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and

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and whether<00:00:15.440> or<00:00:15.519> not<00:00:15.759> actually<00:00:16.000> you<00:00:16.320> feel<00:00:16.640> this

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whether or not actually you feel this

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whether or not actually you feel this could<00:00:17.119> do<00:00:17.760> perhaps<00:00:18.160> more<00:00:18.320> harm<00:00:18.560> than<00:00:18.800> good

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could do perhaps more harm than good

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could do perhaps more harm than good yeah<00:00:20.560> so<00:00:20.960> the<00:00:21.119> chances<00:00:21.600> come<00:00:21.760> in<00:00:22.080> uh<00:00:22.240> just<00:00:22.400> as

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yeah so the chances come in uh just as

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yeah so the chances come in uh just as you<00:00:22.640> did<00:00:22.800> last<00:00:23.039> year<00:00:23.199> with

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you did last year with

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you did last year with bearing<00:00:23.920> gifts<00:00:24.320> for<00:00:24.800> home<00:00:25.039> buyers<00:00:25.439> and<00:00:25.519> home

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bearing gifts for home buyers and home

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bearing gifts for home buyers and home owners

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owners

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owners um<00:00:27.680> the<00:00:27.840> stamp<00:00:28.080> duty<00:00:28.240> holiday<00:00:28.560> has<00:00:28.640> been

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um the stamp duty holiday has been

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um the stamp duty holiday has been extended

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extended

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extended also<00:00:30.400> i<00:00:30.480> think<00:00:30.800> what<00:00:30.960> could<00:00:31.119> be<00:00:31.279> more

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also i think what could be more

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also i think what could be more important<00:00:31.920> is<00:00:32.000> he's<00:00:32.160> trying<00:00:32.399> to<00:00:32.480> push<00:00:32.719> these

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important is he's trying to push these

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important is he's trying to push these 95

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95 mortgages<00:00:34.480> by<00:00:34.640> the<00:00:34.719> government<00:00:35.120> guaranteeing

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mortgages by the government guaranteeing

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mortgages by the government guaranteeing some<00:00:35.760> losses<00:00:36.000> from<00:00:36.160> banks

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some losses from banks

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some losses from banks um<00:00:38.559> now<00:00:38.719> a<00:00:38.800> lot<00:00:38.879> of<00:00:38.960> people<00:00:39.120> will<00:00:39.200> be<00:00:39.360> pleased

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um now a lot of people will be pleased

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um now a lot of people will be pleased to<00:00:39.680> see<00:00:39.920> this

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to see this

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to see this especially<00:00:41.360> homeowners<00:00:42.320> my<00:00:42.559> big<00:00:42.719> concern<00:00:43.200> is

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especially homeowners my big concern is

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especially homeowners my big concern is that<00:00:43.520> just<00:00:43.760> as<00:00:43.920> we<00:00:44.079> saw<00:00:44.320> last<00:00:44.559> year<00:00:44.719> in<00:00:44.800> the

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that just as we saw last year in the

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that just as we saw last year in the middle<00:00:45.120> of<00:00:45.280> a<00:00:45.360> massive<00:00:45.760> crisis<00:00:46.239> and<00:00:46.320> recession

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middle of a massive crisis and recession

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middle of a massive crisis and recession house<00:00:47.200> prices<00:00:47.520> shot<00:00:47.680> up<00:00:47.760> the<00:00:47.840> record<00:00:48.160> highest

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house prices shot up the record highest

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house prices shot up the record highest this<00:00:49.039> could<00:00:49.280> really<00:00:49.520> be<00:00:49.680> pouring<00:00:49.920> more<00:00:50.160> flames

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this could really be pouring more flames

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this could really be pouring more flames on<00:00:50.640> the<00:00:50.719> fire<00:00:50.960> of<00:00:51.039> the<00:00:51.120> house<00:00:51.360> price<00:00:51.680> crisis

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on the fire of the house price crisis

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on the fire of the house price crisis um<00:00:53.039> you<00:00:53.199> know<00:00:53.360> for<00:00:53.520> some<00:00:53.760> people<00:00:54.000> if<00:00:54.160> you're

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um you know for some people if you're

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um you know for some people if you're for<00:00:54.800> example<00:00:55.360> a<00:00:55.440> family<00:00:55.760> like<00:00:55.840> rishi<00:00:56.160> sunak

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for example a family like rishi sunak

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for example a family like rishi sunak his<00:00:56.640> dad's<00:00:56.879> a<00:00:56.960> billionaire

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his dad's a billionaire

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his dad's a billionaire you<00:00:58.239> can<00:00:58.399> ask<00:00:58.559> his<00:00:58.640> dad<00:00:58.800> for<00:00:58.879> a<00:00:58.960> five<00:00:59.120> percent

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you can ask his dad for a five percent

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you can ask his dad for a five percent deposit<00:00:59.760> but<00:01:00.000> for<00:01:00.079> a<00:01:00.160> lot<00:01:00.239> of<00:01:00.480> ordinary<00:01:01.039> people

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deposit but for a lot of ordinary people

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deposit but for a lot of ordinary people who<00:01:01.520> don't<00:01:01.680> have<00:01:01.760> that<00:01:01.920> money<00:01:02.160> thing<00:01:02.399> to<00:01:02.559> have

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who don't have that money thing to have

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who don't have that money thing to have they're<00:01:03.280> gonna<00:01:03.520> have<00:01:03.600> to<00:01:03.680> sit<00:01:03.840> on<00:01:03.920> the

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they're gonna have to sit on the

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they're gonna have to sit on the sidelines<00:01:04.879> and<00:01:05.040> possibly<00:01:05.360> watch<00:01:05.600> house

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sidelines and possibly watch house

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sidelines and possibly watch house prices<00:01:06.240> rise

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prices rise

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prices rise much<00:01:07.200> faster<00:01:07.520> than<00:01:07.680> their<00:01:07.840> savings<00:01:08.240> do<00:01:08.400> here

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much faster than their savings do here

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much faster than their savings do here so<00:01:08.960> really<00:01:09.520> this<00:01:09.760> is<00:01:09.920> gonna<00:01:10.080> split<00:01:10.400> the<00:01:10.479> house

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so really this is gonna split the house

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so really this is gonna split the house from<00:01:10.799> the<00:01:10.880> have

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from the have

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from the have not<00:01:11.439> do<00:01:11.600> you<00:01:11.760> have<00:01:11.840> the<00:01:11.920> money<00:01:12.159> for<00:01:12.240> the

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not do you have the money for the

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not do you have the money for the deposit<00:01:12.720> now<00:01:13.280> or<00:01:13.439> do<00:01:13.600> you<00:01:13.680> have<00:01:13.840> to<00:01:14.159> sit<00:01:14.320> by<00:01:14.560> and

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deposit now or do you have to sit by and

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deposit now or do you have to sit by and watch<00:01:14.799> those<00:01:14.960> prices<00:01:15.360> go<00:01:15.600> up

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watch those prices go up

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watch those prices go up if<00:01:16.479> the<00:01:16.640> government<00:01:17.119> had<00:01:17.439> said<00:01:17.680> right<00:01:17.920> we're

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if the government had said right we're

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if the government had said right we're going<00:01:18.240> to<00:01:18.320> scrap<00:01:18.720> stamp<00:01:19.040> duty

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going to scrap stamp duty

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going to scrap stamp duty and<00:01:19.920> we're<00:01:20.080> going<00:01:20.159> to<00:01:20.240> make<00:01:20.400> it<00:01:20.479> harder<00:01:20.799> for

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and we're going to make it harder for

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and we're going to make it harder for you<00:01:20.960> to<00:01:21.040> get<00:01:21.119> a<00:01:21.200> mortgage<00:01:21.520> we're<00:01:21.680> going<00:01:21.759> to

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you to get a mortgage we're going to

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you to get a mortgage we're going to keep<00:01:22.080> it<00:01:22.240> at<00:01:22.400> 10<00:01:22.720> 20

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keep it at 10 20

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keep it at 10 20 deposits<00:01:24.880> what<00:01:25.040> would<00:01:25.200> you<00:01:25.280> have<00:01:25.360> said<00:01:25.600> to

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deposits what would you have said to

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deposits what would you have said to that

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that

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that to<00:01:27.600> be<00:01:27.680> honest<00:01:27.920> somebody<00:01:28.240> said<00:01:28.400> if<00:01:28.479> the

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to be honest somebody said if the

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to be honest somebody said if the government<00:01:28.799> wants<00:01:28.960> to<00:01:29.119> fix<00:01:29.280> house<00:01:29.520> price

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government wants to fix house price

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government wants to fix house price prices

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prices

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prices it<00:01:30.880> should<00:01:31.119> stop<00:01:31.360> trying<00:01:31.520> to<00:01:31.600> push<00:01:31.759> house

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it should stop trying to push house

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it should stop trying to push house prices<00:01:32.320> up<00:01:32.400> and<00:01:32.560> start<00:01:32.720> looking<00:01:32.960> at<00:01:33.040> wages

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prices up and start looking at wages

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prices up and start looking at wages because<00:01:34.079> really<00:01:34.320> the<00:01:34.400> problem<00:01:34.799> here<00:01:35.040> is

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because really the problem here is

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because really the problem here is people<00:01:35.840> are<00:01:35.920> not<00:01:36.079> earning<00:01:36.400> enough<00:01:36.720> money

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people are not earning enough money

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people are not earning enough money to<00:01:37.520> buy<00:01:37.680> these<00:01:37.840> houses<00:01:38.320> wages<00:01:38.720> have<00:01:38.799> done

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to buy these houses wages have done

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to buy these houses wages have done nothing<00:01:39.439> what<00:01:39.600> are<00:01:39.680> the<00:01:39.759> wages<00:01:40.079> done<00:01:40.320> in<00:01:40.400> the

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nothing what are the wages done in the

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nothing what are the wages done in the last<00:01:40.799> 15<00:01:41.119> years

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last 15 years

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last 15 years in<00:01:41.920> that<00:01:42.079> time<00:01:42.320> london<00:01:42.560> house<00:01:42.799> prices<00:01:43.040> have

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in that time london house prices have

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in that time london house prices have more<00:01:43.280> than<00:01:43.439> doubled<00:01:44.159> really<00:01:44.479> i<00:01:44.560> think

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more than doubled really i think

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more than doubled really i think the<00:01:45.280> government<00:01:45.600> is<00:01:45.680> looking<00:01:45.920> the<00:01:46.000> wrong

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the government is looking the wrong

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the government is looking the wrong places<00:01:46.640> because<00:01:46.880> it's<00:01:47.119> wages<00:01:47.600> for<00:01:47.759> ordinary

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places because it's wages for ordinary

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places because it's wages for ordinary working<00:01:48.479> families<00:01:49.040> without<00:01:49.439> the<00:01:49.520> problem<00:01:49.920> and

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working families without the problem and

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working families without the problem and deeper<00:01:50.799> than<00:01:51.040> that<00:01:51.280> i<00:01:51.360> think<00:01:51.520> there's<00:01:51.759> a

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deeper than that i think there's a

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deeper than that i think there's a problem<00:01:52.079> with<00:01:52.320> inequality<00:01:52.960> here<00:01:53.439> because<00:01:53.680> as

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problem with inequality here because as

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problem with inequality here because as you've<00:01:53.920> seen<00:01:54.159> the<00:01:54.240> riches<00:01:54.560> get<00:01:54.720> richer<00:01:55.040> and

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you've seen the riches get richer and

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you've seen the riches get richer and richer

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richer

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richer they've<00:01:56.079> been<00:01:56.240> using<00:01:56.479> that<00:01:56.560> money<00:01:56.799> to<00:01:56.880> push

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they've been using that money to push

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they've been using that money to push house<00:01:57.439> prices<00:01:57.840> up<00:01:58.320> but<00:01:58.560> not<00:01:58.719> driving<00:01:59.040> the

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house prices up but not driving the

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house prices up but not driving the economy<00:01:59.520> which<00:01:59.600> is<00:01:59.680> where<00:01:59.840> working<00:02:00.079> people's

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economy which is where working people's

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economy which is where working people's wages<00:02:00.640> come<00:02:00.880> from

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wages come from

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wages come from so<00:02:01.280> i<00:02:01.360> think<00:02:01.520> the<00:02:01.600> government<00:02:01.920> should<00:02:02.079> look

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so i think the government should look

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so i think the government should look beyond<00:02:02.560> these<00:02:02.719> simple<00:02:03.040> measures<00:02:03.680> towards<00:02:04.159> the

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beyond these simple measures towards the

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beyond these simple measures towards the problems<00:02:04.640> with<00:02:04.719> inequality<00:02:05.200> in<00:02:05.280> our<00:02:05.360> society

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problems with inequality in our society

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problems with inequality in our society let's<00:02:06.960> just<00:02:07.439> touch<00:02:07.680> on<00:02:08.000> some<00:02:08.160> of<00:02:08.319> the<00:02:08.479> the

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let's just touch on some of the the

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let's just touch on some of the the measures<00:02:08.959> when<00:02:09.039> it<00:02:09.119> comes<00:02:09.280> to<00:02:09.360> universal

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measures when it comes to universal

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measures when it comes to universal credit<00:02:10.399> there<00:02:10.560> was<00:02:10.800> a<00:02:11.039> confirmation<00:02:11.680> today

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credit there was a confirmation today

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credit there was a confirmation today that<00:02:12.160> the

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that the

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that the 20<00:02:12.959> pound<00:02:13.280> uplift<00:02:13.680> 20<00:02:13.920> pound<00:02:14.080> week<00:02:14.319> uplift

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20 pound uplift 20 pound week uplift

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20 pound uplift 20 pound week uplift will<00:02:14.720> continue<00:02:15.200> for<00:02:15.280> some<00:02:15.520> time<00:02:15.760> however<00:02:16.160> it

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will continue for some time however it

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will continue for some time however it was<00:02:16.560> not<00:02:16.800> made<00:02:17.120> permanent<00:02:17.680> as<00:02:17.840> some<00:02:18.080> people

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was not made permanent as some people

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was not made permanent as some people have<00:02:18.560> called<00:02:18.879> for

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have called for

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have called for your<00:02:20.080> thoughts<00:02:20.400> on<00:02:20.560> that<00:02:20.800> is<00:02:21.040> that<00:02:21.280> kind<00:02:21.520> of

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your thoughts on that is that kind of

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your thoughts on that is that kind of good<00:02:22.400> news<00:02:22.720> in<00:02:22.800> the<00:02:22.959> interim<00:02:23.520> but<00:02:23.680> actually

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good news in the interim but actually

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good news in the interim but actually we're<00:02:24.560> still<00:02:24.879> not<00:02:25.040> really<00:02:25.280> solving<00:02:25.599> the

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we're still not really solving the

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we're still not really solving the problem<00:02:26.080> here<00:02:26.319> of<00:02:26.400> being<00:02:26.640> able<00:02:26.800> to<00:02:26.959> improve

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problem here of being able to improve

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problem here of being able to improve people's<00:02:27.599> quality<00:02:27.920> of<00:02:28.000> life

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people's quality of life

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people's quality of life yeah<00:02:29.200> there's<00:02:29.440> no<00:02:29.599> doubt<00:02:29.760> as<00:02:29.840> good<00:02:30.000> as<00:02:30.160> the

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yeah there's no doubt as good as the

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yeah there's no doubt as good as the interim<00:02:30.560> because<00:02:30.800> obviously<00:02:31.360> there<00:02:31.440> are<00:02:31.519> a

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interim because obviously there are a

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interim because obviously there are a number<00:02:31.760> of<00:02:31.920> people<00:02:32.160> especially<00:02:32.480> the<00:02:32.560> millions

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number of people especially the millions

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number of people especially the millions of<00:02:32.959> people<00:02:33.200> who've<00:02:33.360> received

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of people who've received

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of people who've received no<00:02:34.400> support<00:02:34.720> during<00:02:34.959> this<00:02:35.040> crisis<00:02:35.360> because

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no support during this crisis because

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no support during this crisis because they've<00:02:35.840> fallen<00:02:36.080> through<00:02:36.239> the<00:02:36.319> gaps<00:02:36.560> of<00:02:36.640> the

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they've fallen through the gaps of the

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they've fallen through the gaps of the government<00:02:36.959> support<00:02:37.280> schemes

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government support schemes

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government support schemes for<00:02:38.400> them<00:02:38.640> i<00:02:38.720> mean<00:02:38.879> 20<00:02:39.120> pounds<00:02:39.280> a<00:02:39.360> week<00:02:39.519> might

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for them i mean 20 pounds a week might

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for them i mean 20 pounds a week might not<00:02:39.920> seem<00:02:40.160> like<00:02:40.319> a<00:02:40.400> lot<00:02:40.560> to<00:02:40.959> some<00:02:41.280> people

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not seem like a lot to some people

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not seem like a lot to some people but<00:02:42.000> for<00:02:42.160> a<00:02:42.160> lot<00:02:42.319> of<00:02:42.319> people<00:02:42.560> it's<00:02:42.720> been

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but for a lot of people it's been

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but for a lot of people it's been lifeline<00:02:43.280> so<00:02:43.519> of<00:02:43.599> course<00:02:43.920> it's<00:02:44.400> absolutely

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lifeline so of course it's absolutely

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lifeline so of course it's absolutely essential

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essential

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essential that<00:02:45.680> the<00:02:45.840> government<00:02:46.239> extended<00:02:46.800> it<00:02:47.200> but<00:02:47.360> i

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that the government extended it but i

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that the government extended it but i think<00:02:48.319> especially<00:02:48.720> when<00:02:48.879> you<00:02:48.959> look<00:02:49.280> at<00:02:49.440> what's

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think especially when you look at what's

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think especially when you look at what's happened<00:02:49.840> in<00:02:49.920> the<00:02:50.000> last<00:02:50.239> years<00:02:50.480> of<00:02:50.640> stock

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happened in the last years of stock

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happened in the last years of stock markets<00:02:51.519> and

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markets and

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markets and the<00:02:52.400> wealthiest<00:02:52.879> people<00:02:53.040> have<00:02:53.120> been<00:02:53.280> making

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the wealthiest people have been making

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the wealthiest people have been making huge<00:02:54.000> amounts<00:02:54.319> of<00:02:54.400> money

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huge amounts of money

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huge amounts of money really<00:02:55.760> a<00:02:56.000> humane<00:02:56.319> society<00:02:56.720> should<00:02:56.879> be

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really a humane society should be

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really a humane society should be looking<00:02:57.200> at<00:02:57.360> supporting<00:02:57.760> also<00:02:58.000> the<00:02:58.080> people

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looking at supporting also the people

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looking at supporting also the people who<00:02:58.560> suffered<00:02:58.879> in<00:02:58.959> this<00:02:59.120> crisis<00:02:59.440> because

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who suffered in this crisis because

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who suffered in this crisis because there's<00:02:59.920> a<00:03:00.000> lot<00:03:00.080> of<00:03:00.159> people

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there's a lot of people

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there's a lot of people who<00:03:01.040> are<00:03:01.120> paying<00:03:01.360> for<00:03:01.519> this<00:03:01.760> and<00:03:02.319> that<00:03:02.480> need<00:03:02.640> to

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who are paying for this and that need to

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who are paying for this and that need to be<00:03:02.879> dealt<00:03:03.040> with

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be dealt with

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be dealt with and<00:03:04.319> just<00:03:04.640> uh<00:03:04.879> on<00:03:05.519> um<00:03:06.000> renters<00:03:06.560> as<00:03:06.720> well<00:03:07.040> uh<00:03:07.280> you

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and just uh on um renters as well uh you

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and just uh on um renters as well uh you know

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know

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know a<00:03:08.239> suggestion<00:03:08.720> really<00:03:09.040> that<00:03:09.280> actually<00:03:10.080> things

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a suggestion really that actually things

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a suggestion really that actually things like<00:03:10.480> the<00:03:10.640> temporary

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like the temporary

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like the temporary ban<00:03:11.599> on<00:03:11.760> evictions<00:03:12.959> again<00:03:13.360> good<00:03:13.599> news<00:03:14.000> but

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ban on evictions again good news but

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ban on evictions again good news but actually

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actually

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actually did<00:03:15.040> you<00:03:15.200> see<00:03:15.360> anything<00:03:15.760> in<00:03:15.840> today's<00:03:16.239> budget

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did you see anything in today's budget

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did you see anything in today's budget which<00:03:16.879> gave<00:03:17.200> you<00:03:17.360> hope<00:03:17.680> that<00:03:17.840> actually<00:03:18.239> life

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which gave you hope that actually life

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which gave you hope that actually life would

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would

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would become<00:03:19.200> easier<00:03:19.680> for<00:03:19.840> those<00:03:20.080> perhaps<00:03:20.400> renting

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become easier for those perhaps renting

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become easier for those perhaps renting privately

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privately

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privately i<00:03:22.720> mean<00:03:22.959> this<00:03:23.120> is<00:03:23.280> my<00:03:23.360> concern<00:03:23.760> you<00:03:23.840> know<00:03:24.720> the

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i mean this is my concern you know the

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i mean this is my concern you know the government<00:03:25.280> has<00:03:25.360> been<00:03:25.599> forced<00:03:25.920> to<00:03:26.000> do<00:03:26.159> a<00:03:26.239> lot

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government has been forced to do a lot

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government has been forced to do a lot of<00:03:26.400> support<00:03:26.720> for<00:03:26.879> people<00:03:27.120> that

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of support for people that

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of support for people that it<00:03:27.599> wouldn't<00:03:27.920> normally<00:03:28.239> support<00:03:28.640> it<00:03:28.720> hasn't

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it wouldn't normally support it hasn't

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it wouldn't normally support it hasn't really<00:03:29.040> been<00:03:29.200> on<00:03:29.280> the<00:03:29.360> side<00:03:29.519> of<00:03:29.599> private

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really been on the side of private

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really been on the side of private renters<00:03:30.239> that<00:03:30.400> much

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renters that much

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renters that much since<00:03:31.120> it's<00:03:31.200> been<00:03:31.360> in<00:03:31.519> power<00:03:32.480> it's<00:03:32.640> been

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since it's been in power it's been

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since it's been in power it's been forced<00:03:33.040> to<00:03:33.120> provide<00:03:33.440> multiple<00:03:33.920> and<00:03:34.080> and<00:03:34.239> it's

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forced to provide multiple and and it's

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forced to provide multiple and and it's good<00:03:34.560> that<00:03:34.720> it<00:03:34.799> has<00:03:34.879> done<00:03:35.120> that

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good that it has done that

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good that it has done that but<00:03:36.000> my<00:03:36.239> concern<00:03:36.640> is<00:03:36.799> they're<00:03:36.959> only<00:03:37.280> really

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but my concern is they're only really

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but my concern is they're only really doing<00:03:37.760> as<00:03:38.000> much<00:03:38.239> as<00:03:38.319> they<00:03:38.480> have<00:03:38.640> been<00:03:38.799> forced

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doing as much as they have been forced

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doing as much as they have been forced to<00:03:39.200> do

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to do

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to do and<00:03:39.840> when<00:03:40.000> we<00:03:40.159> come<00:03:40.400> out<00:03:40.560> of<00:03:40.640> this<00:03:41.280> just<00:03:41.440> as

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and when we come out of this just as

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and when we come out of this just as we've<00:03:41.840> seen<00:03:42.080> they've<00:03:42.319> been

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we've seen they've been

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we've seen they've been using<00:03:43.680> policies<00:03:44.000> which<00:03:44.159> are<00:03:44.239> going<00:03:44.319> to<00:03:44.400> push

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using policies which are going to push

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using policies which are going to push house<00:03:44.799> prices<00:03:45.120> up<00:03:45.280> which<00:03:45.440> are<00:03:45.519> going<00:03:45.599> to<00:03:45.680> help

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house prices up which are going to help

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house prices up which are going to help the<00:03:45.840> richest<00:03:46.159> in<00:03:46.319> our<00:03:46.400> society

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the richest in our society

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the richest in our society when<00:03:47.360> we<00:03:47.519> come<00:03:47.680> out<00:03:47.840> of<00:03:47.920> this<00:03:48.400> they're<00:03:48.560> giving

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when we come out of this they're giving

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when we come out of this they're giving every<00:03:49.120> sign<00:03:49.280> that<00:03:49.440> they're<00:03:49.519> going<00:03:49.599> to<00:03:49.680> go<00:03:49.920> back

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every sign that they're going to go back

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every sign that they're going to go back to<00:03:50.239> supporting

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to supporting

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to supporting the<00:03:51.280> people<00:03:51.519> who<00:03:52.080> fund<00:03:52.239> the<00:03:52.319> conservative

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the people who fund the conservative

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the people who fund the conservative party<00:03:53.120> and<00:03:53.360> people<00:03:53.599> like<00:03:53.760> richard

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party and people like richard

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party and people like richard family<00:03:55.120> who<00:03:55.360> are<00:03:55.920> very<00:03:56.159> very<00:03:56.319> wealthy<00:03:57.120> okay<00:03:57.439> uh

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family who are very very wealthy okay uh

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family who are very very wealthy okay uh gary<00:03:58.080> thank<00:03:58.319> you<00:03:58.480> gary<00:03:58.799> stevenson<00:03:59.360> there

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gary thank you gary stevenson there

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gary thank you gary stevenson there former<00:03:59.840> city<00:04:00.080> trader<00:04:00.400> now<00:04:00.560> working<00:04:00.959> as<00:04:01.120> an

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former city trader now working as an

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former city trader now working as an inequality<00:04:01.920> campaigner<00:04:02.400> sharing<00:04:02.720> his

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inequality campaigner sharing his

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inequality campaigner sharing his thoughts<00:04:03.200> his<00:04:03.439> reaction<00:04:03.840> then<00:04:04.080> to

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thoughts his reaction then to

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thoughts his reaction then to some<00:04:05.120> parts<00:04:05.519> of<00:04:05.680> the<00:04:07.480> budget