To tax, but who to tax, that is the question
Political Fix7 Marras 2025

To tax, but who to tax, that is the question

With just three weeks to go until the Budget, Rachel Reeves gave a surprise speech to reset expectations on who she’s planning to hit with more taxes on November 26. This has fuelled further speculation about whether the government's central manifesto pledge to not raise income tax rates is now doomed.


Host Miranda Green is joined by FT colleagues Jim Pickard, Sam Fleming and Katie Martin to discuss the chancellor’s options: a pick’n’mix of tax rises or breaking a central pledge to the electorate. What then happens to the Labour government’s credibility, and how are the markets likely to react? Plus: can Reform become fiscally respectable?


Follow Miranda @greenmirandahere.bsky.social; Jim @pickardje.bsky.social; and Katie @katie0martin.ft.com


Want more?


What are Rachel Reeves’ tax options in the Budget?


Bond markets are winning the Budget stand-off


Robert Shrimsley: The inescapable logic of Labour’s choices


Inside Politics: Why Rachel Reeves won’t raise income tax


Paywalled: End of The Line: how Saudi Arabia’s Neom dream unravelled


Sign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek analysis. Get 30 days free.


Plus, the FT is hosting a live webinar on November 28 on what the UK Budget will mean for your money. You can put questions to FT journalists Claer Barrett, Stuart Kirk, Tej Parikh and special guest, tax expert Dan Neidle. Get your free pass now at ft.com/budgetwebinar.


Our email address is politicalfix@ft.com


Political Fix was presented by Miranda Green and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The video engineers are Bianca Wakeman and Andrew Georgiades. The FT’s acting co-head of audio is Manuela Saragosa.


Clip from ITV


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Jaksot(573)

Britain's economy after Brexit and Heathrow takes off

Britain's economy after Brexit and Heathrow takes off

With Martin Wolf and Janan Ganesh of the Financial Times, plus political adviser Julian Glover and Rupert Harrison of BlackRock. Presented by Sebastian Payne. Hosted on Acast. See acast.com/privacy fo...

28 Loka 201629min

US election countdown: After the vote

US election countdown: After the vote

As the presidential campaign draws to a close, the FT's Courtney Weaver and Shawn Donnan discuss what to expect in the days after the election, from possible cabinet appointments to the future of the ...

27 Loka 201614min

100 days of May and the implosion of Ukip

100 days of May and the implosion of Ukip

With George Parker and Robert Shrimsley of the Financial Times, plus Matthew Goodwin, senior fellow at Chatham House. Presented by Sebastian Payne. Hosted on Acast. See acast.com/privacy for more info...

22 Loka 201622min

US election countdown: The final debate

US election countdown: The final debate

The FT's Demetri Sevastopulo and Sam Fleming break down the big moments of the final debate, from Putin's puppets to "bad hombres", and more. Sign up for the FT White House Countdown email at FT.com/N...

20 Loka 201620min

Brexit: Has Theresa May given away too much or too little? Plus, Labour returns

Brexit: Has Theresa May given away too much or too little? Plus, Labour returns

With George Parker and James Blitz of the Financial Times, Marcus Roberts of YouGov and political commentator Ayesha Hazarika. Presented by Sebastian Payne Hosted on Acast. See acast.com/privacy for m...

15 Loka 201624min

US election countdown: Trump's October surprise

US election countdown: Trump's October surprise

How will voters and the rest of the Republican party respond to the latest scandals to hit Donald Trump's campaign? The FT's Sam Fleming and Courtney Weaver discuss this and more. Sign up for the FT's...

13 Loka 201613min

Theresa May targets the elite, and has business any clarity on Brexit?

Theresa May targets the elite, and has business any clarity on Brexit?

With George Parker, Gideon Rachman, Sarah Gordon and Daniel Dombey of the Financial Times. Presented by Sebastian Payne. Hosted on Acast. See acast.com/privacy for more information.

8 Loka 201623min

US election countdown: Veteran voters and Ohio

US election countdown: Veteran voters and Ohio

Can Donald Trump shore up the US veteran vote in spite of his rhetoric? Will the state of Ohio carry the weight it has in previous elections? The FT's Demetri Sevastopulo, Sam Fleming and Geoff Dyer d...

6 Loka 201615min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-vaalirankkurit-podcast
rss-asiastudio
rss-podme-livebox
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
io-techin-tekniikkapodcast
rikosmyytit
rss-mina-ukkola
rss-fingo-podcast
rss-hyvaa-huomenta-bryssel
rss-kuka-mina-olen