UK Labour’s Budget borrows big, taxes more
FT News Briefing
Intro
This chapter examines the UK Labour Party's recent budget announcement, featuring significant tax increases and borrowing strategies to tackle economic issues from the previous government. It explores the implications of a £40 billion tax-raising initiative and an additional £28 billion in annual borrowing aimed at stimulating growth and enhancing living standards.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
