The Budget 2025: What does it mean for your business?

It’s been the most heavily trailed Budget for years. But did Rachel Reeves deliver? What impact will her policies have on your business and personal finances? And will her £26bn tax rises fill the black hole at the heart of government finances?Hosted by Kurt Jacobs, editor of Midlands Business Insider, this episode brings together tax expert Iain Wright from Claritas; renowned economist John Bryson from the University of Birmingham; and Rowan Precision’s chief financial officer, Glenn Aston.Together, we examine the impact of Reeves’ initiatives, including increases in Minimum Wage levels, the proposed Mansion Tax, the cap on salary sacrifice for pensions, and the continued freeze in Income Tax thresholds. We also explore whether the drawn-out nature of Budget speeches and pre-Budget leaks has undermined confidence — and whether the Chancellor may have to return for yet more money next year.This podcast was sponsored by Claritas Tax. Hosted on Acast. See acast.com/privacy for more information.