Sky News Daily Reeves's income tax U-turn, renting reforms and Ariana Grande ambushed
Nov 14, 2025
Rachel Reeves has reportedly backtracked on raising income tax, leaving questions about funding the government's shortfall. Trump's looming $1 billion lawsuit compels the BBC to make a public apology, while medics begin a five-day strike over pay grievances. Significant reforms for renters are on the table, aimed at enhancing tenant protections amidst mixed reactions from landlords. Meanwhile, chaos unfolds as Ariana Grande is ambushed at a premiere, highlighting safety concerns in the celebrity world.
AI Snips
Chapters
Transcript
Episode notes
Chancellor's U-Turn Signals Political Constraints
- Labour appears to have dropped plans to raise income tax to avoid breaking a manifesto promise.
- The Chancellor now faces tough choices to fill a reported £30bn shortfall without angering MPs or voters.
Limited Tax Options Won't Fully Close The Gap
- Small tax changes only partially close the fiscal gap, so alternatives look politically risky or large-scale.
- Options mentioned include a 1p higher-rate rise and a wealth tax, but each carries trade-offs and feasibility issues.
BBC Apology Stops Short Of Payout
- The BBC apologised for an edited Panorama segment about Donald Trump and retracted the programme in its current form.
- The corporation refused to offer compensation despite pressure and faces uncertain legal fallout.