Episode 29: Budget chaos!
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Episode 29: Budget chaos!
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About this listen
On Budget Day, the Office for Budget Responsibility unexpectedly released its economic forecasts before the Chancellor reached the despatch box — sending Westminster and the markets into a spin. In this episode of Unspun Live, Andrew Learmonth breaks down what the leak means, why it matters, and how Rachel Reeves’ second Budget will affect taxpayers, businesses and Scotland’s finances.
Andrew is joined by Ian McConnell, The Herald’s business editor, to unpack the big revenue-raising measures — from income tax threshold freezes to the changes on electric vehicle mileage, ISAs, salary sacrifice schemes and alcohol duty. They also look at Reeves’ decision to scrap the two-child limit, and what that means for the Scottish Government’s spending plans.