Is the Chancellor about to break Labour’s tax manifesto promise? episode artwork

EPISODE · Nov 4, 2025 · 17 MIN

Is the Chancellor about to break Labour’s tax manifesto promise?

from The Standard

Today Chancellor Rachel Reeves has given the clearest sign yet that she will break Labour’s manifesto promise not to raise taxes on workers, after delivering an unusual pre-Budget speech at Downing Street this morning. She said that after years of so-called economic mismanagement, the budget will focus on “getting inflation falling” and “creating the conditions for interest rate cuts”. But she hasn’t ruled out raising income tax. Stephanie Brobbey, a former private wealth lawyer and founder and CEO of the Good Ancestor Movement, shares her perspective. And in part two, the build-up to the festive season is here. The Standard’s Culture Writer India Block joins us to discuss this year’s John Lewis Christmas advert.   Hosted on Acast. See acast.com/privacy for more information.

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Is the Chancellor about to break Labour’s tax manifesto promise?

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