Marketplace All-in-One A tax-raising budget for the U.K.
Nov 27, 2025
Sean Farrington, a BBC reporter known for his insightful analysis, dives into the recent accidental leak of the U.K. budget, revealing looming tax hikes that could push the tax take to an all-time high. He discusses the fallout and public reactions to Finance Minister Rachel Reeves' proposals. Meanwhile, Will Bain, a BBC journalist, explores the surge of U.S. investment in English football, highlighting the factors driving American buyers to English clubs and how this trend is reshaping the financial landscape of the sport.
AI Snips
Chapters
Transcript
Episode notes
Tax Hikes Planned For Future Years
- Rachel Reeves' 2025 budget centers on tax increases that mostly take effect years from now.
- The measures will raise the UK's tax take to an all-time high of about 38% of GDP in coming years.
Forecaster's Report Leaked Early
- The Office for Budget Responsibility accidentally published its economic outlook half an hour before Rachel Reeves' speech.
- That leak revealed many policy details early and sparked investigations and apologies.
Corporate News Highlights Economic Context
- Global auto and corporate news framed broader economic movements around the budget story.
- Asahi's cyberattack and Toyota's sales shows mixed corporate resilience amid geopolitical shifts.