The Budget Backlash That Shouldn't Exist
November 26, 2025
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14:30Now PlayingThe Budget Backlash That Shouldn't Exist
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Labour's Rachel Reeves delivered her big second budget today. At first glance, it looks like the sort of budget Labour MPs should be able to sell, and one of the most contentious tax rises probably doesn't even exist. There were also some improvements for key voters in the form of higher incomes and hopefully much lower energy bills.
OBR budget analysis
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