Not Another One Have Reeves and Starmer saved themselves with their Budget?
Nov 28, 2025
The discussion kicks off with reactions to the latest Budget and how the UK's growth issues shape political sentiments. The team debates whether the Budget ensures short-term survival for the government, despite risks to long-term growth. Topics like lifting the two-child benefit cap spark conversations on welfare reform and party unity. The panel explores potential growth sectors like life sciences and tech, while also tackling the tension between public spending and tax cuts. They wrap up by examining voter frustration and the implications for upcoming elections.
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Budget Prioritised Survival Over Growth
- Rachel Reeves balanced pleasing Labour MPs and markets but delivered little for growth.
- Steve Richards warns without significant growth recurring budgets and tax rises are inevitable.
Fiscal Cushion Bought Short-Term Space
- The Budget bought political survival and market reassurance by doubling fiscal headroom.
- Miranda Green cautions it leaves no clear plan to boost economic growth.
Taxes Up To Pay For Rising Welfare
- The Budget raises taxes mainly to fund rising welfare costs, a politically risky mix.
- Ian Martin calls the trade-off of higher taxes for higher welfare a poor response to stagnation.