After all the drama can MPs, the markets, business and voters stomach Rachel Reeves’ budget? Sam and Anne look behind the headlines and dive deeper into items which were not noticed as much in the Chancellor’s budget, questioning whether it could be seen as a return to austerity. Plus, the duo also consider the practicalities of some of the new taxes and how they will be collected and monitored. Away from Westminster, Anne has an update on Ukraine and the push for a peace deal.
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18:07
Budget 2025: What Rachel Reeves didn’t say
Has the chancellor done enough to save the government after weeks of official and unofficial briefings of the "most trailed budget in history"?We knew Rachel Reeves was taking taxes to an all-time high before she was even on her feet in the Commons - thanks to the full budget being published by mistake on the Office for Budget Responsibility’s website - but what else was announced, and what didn't she say? Sam and Anne break down the budget and talk about:• The smorgasbord of tax rises - taking it to an all-time high • Britain's economic outlook and downgrading of growth • The opposition's response to "the worst chancellor in history"• A potential rebellion from her own MPs
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What is the positive case for Rachel Reeves’ budget?
Mansion tax, gambling tax, milkshake tax, scrapping the two-child benefit cap – today we finally get all the details of the most trailed budget in political history. So, who is the 2025 Rachel Reeves budget for and why? Sam and Anne assess how MPs and the markets will feel against voters and businesses. Politically, the giveaways look like they’re worth every penny – but, ultimately, it’s a tax raising budget that will hit everyone somehow. There are two episodes for budget day - Debrief on what’s happened in the budget without episode out around 6.30pm on Wednesday.
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Reeves’ risky budget fightback
On the eve of the long-awaited budget, the rhetoric is ramping up and speculation across Westminster is wild – but has the criticism on the Chancellor been fair? Sam and Anne assess Rachel Reeves’ position, her pitch roll to Labour MPs and her potential smorgasbord of tax rises. Plus, the duo issue a warning about increased tariffs from China ahead of Christmas.
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17:57
Budget week: What business really fears
As Business leaders gather for the CBI conference will the Chancellor be on their side? Sam and Anne consider whether Rachel Reeves could make this budget for business a “death by a thousand taxes.” Elsewhere, Sam has a scoop on the OBR’s growth forecasts and how they could impact the budget. Plus, Anne has the behind the scenes take from the talks to end the war in Ukraine.
Sky News’ Sam Coates and Politico’s Anne McElvoy with what you need to know about the day ahead in British politics. All in under 20 minutes and in your feed around 7.30am.They're across the key interviews, the main stories and what the parties are saying. Whatever they're talking about, Westminster will be talking about today.
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