This is Money Podcast What does the Budget mean for you... and how bad was it?
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Nov 28, 2025 The recent Budget unveiled a chaotic mix of financial measures. Hosts debate whether it truly supports the economy or lacks direction. Tax tweaks include stealth taxes and a new surcharge on high-value properties. Investors are reacting to changes to cash ISAs, while higher taxes on savings and rents may impact landlords and tenants. An intriguing proposal for a per-mile charge on electric vehicles raises concerns about privacy. Plus, expert tips on how to budget-proof your finances are shared.
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Budget Felt Chaotic And Directionless
- The budget's lead-up and leaks made the whole process feel chaotic and directionless.
- Simon Lambert says this undermines confidence and suggests the government lacks a clear plan.
Higher Tax Receipts Gave Headroom
- The OBR forecast showed higher tax receipts, giving the Chancellor more headroom.
- Simon Lambert notes this luck reduced borrowing pressure and allowed some spending increases.
Frozen Thresholds Are A Stealth Tax
- Frozen thresholds are a major stealth tax driving the tax-to-GDP ratio to record highs.
- Lee Boyce warns fiscal drag will pull millions into higher tax bands by 2030.