This is Money Podcast

The delayed Budget, the stamp duty row and the gilts wobble – what is going on?

19 snips
Sep 5, 2025
Explore the chaos following a delayed Budget and the political fallout from a hefty stamp duty blunder by Deputy Prime Minister Angela Rayner. Discover how rising gilt yields are shaking up the investment landscape and affecting mortgage borrowers. Delve into debates on whether stamp duty reform is urgently needed and reflect on consumer rights in the face of flight disruptions and ride-sharing woes. Tune in for practical financial tips to navigate these turbulent times with confidence.
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INSIGHT

Budget Delay Prolongs Uncertainty

  • The Autumn Budget was delayed until Wednesday 26 November, extending months of speculation and uncertainty.
  • Simon and Lee warn this prolongs market and household anxiety ahead of fiscal fixes.
INSIGHT

Black Hole Has Widened To £50bn

  • The UK faces a growing fiscal shortfall now estimated at about £50bn, not just inherited problems.
  • Simon says reversing prior cuts and missteps has increased spending, worsening the hole.
INSIGHT

Growth Needs Productivity And Confidence

  • Growth requires productivity and confidence, not just tax hikes or spending cuts.
  • Simon stresses AI, digital shifts and housebuilding can lift productivity and generate short-term growth.
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