'A tax on success': Reeves's nightmare Budget unravels episode artwork

EPISODE · Nov 27, 2025 · 42 MIN

'A tax on success': Reeves's nightmare Budget unravels

from The Daily T

It’s the morning after the economic night before and the response to Rachel Reeves’s Autumn Budget has been emphatically negative.On this edition of The Daily T, Camilla Tominey and Tim Stanley reflect on the Chancellor refusing to apologise for breaking Labour’s pledge not to raise tax, the chairman of the OBR offering to resign after the Budget was leaked and some of the commentary criticising Kemi Badenoch’s response in the chamber as too personal.They’re also joined by former Treasury advisor to Kwasi Kwarteng and Jeremy Hunt, Cameron Brown, who rails against the Chancellors plans that “dis-incentivise saving” and make you ask “what’s the point in setting up a business?”We want to hear from you! Email us at [email protected] or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducers: Lilian Fawcett and Hugo Verelst-WaySenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey Hosted on Acast. See acast.com/privacy for more information.

It’s the morning after the economic night before and the response to Rachel Reeves’s Autumn Budget has been emphatically negative.On this edition of The Daily T, Camilla Tominey and Tim Stanley reflect on the Chancellor refusing to apologise for breaking Labour’s pledge not to raise tax, the chairman of the OBR offering to resign after the Budget was leaked and some of the commentary criticising Kemi Badenoch’s response in the chamber as too personal.They’re also joined by former Treasury advisor to Kwasi Kwarteng and Jeremy Hunt, Cameron Brown, who rails against the Chancellors plans that “dis-incentivise saving” and make you ask “what’s the point in setting up a business?”We want to hear from you! Email us at [email protected] or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducers: Lilian Fawcett and Hugo Verelst-WaySenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey Hosted on Acast. See acast.com/privacy for more information.

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'A tax on success': Reeves's nightmare Budget unravels

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This episode was published on November 27, 2025.

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It’s the morning after the economic night before and the response to Rachel Reeves’s Autumn Budget has been emphatically negative.On this edition of The Daily T, Camilla Tominey and Tim Stanley reflect on the Chancellor refusing to apologise for...

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