This is Money Podcast

What the Spring Statement means for your finances


Listen Later

Rachel Reeves is back to where she started after the Spring Statement, with her £9.9billion of budget headroom restored but at what cost.
The Chancellor was true to her word and didn't turn this week's economic update into a second Budget, with no tax changes coming in.
But a wave of spending cuts was announced, along with growth forecasts going both down and up.
We also got the Office for Budget Responsibility's update on what Reeves' Autumn Budget tax rises will cost us, a threat to cash Isas and no reprieve for home buyers on stamp duty.
On this podcast episode, Georgie Frost, Lee Boyce and Simon Lambert dive into the Spring Statement to explain why it happened, what it means and tackle the question of whether taxes are going to have to rise again in autumn.
They look at the very important assumption being made by the OBR, which if it turns out to be wrong could mean there is a £48billion black hole in the sums.
And is the entire thing a charade anyway and damaging to our future prospects? Simon explains why he thinks so.
Finally, campaigners like Gary Stevenson claim this could all be solved with a wealth tax - is that where we will eventually end up?

...more
View all episodesView all episodes
Download on the App Store

This is Money PodcastBy This is Money

  • 3.8
  • 3.8
  • 3.8
  • 3.8
  • 3.8

3.8

9 ratings


More shows like This is Money Podcast

View all
Wake Up To Money by BBC Radio 5 Live

Wake Up To Money

60 Listeners

Money Box by BBC Radio 4

Money Box

46 Listeners

Money Clinic with Claer Barrett by Financial Times

Money Clinic with Claer Barrett

56 Listeners

The Martin Lewis Podcast by BBC Radio 5 Live

The Martin Lewis Podcast

66 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

87 Listeners

The Property Podcast by Rob Bence and Rob Dix from The Property Hub

The Property Podcast

79 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

14 Listeners

Cash Chats UK Money & Personal Finance podcast by Andy Webb

Cash Chats UK Money & Personal Finance podcast

5 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

13 Listeners

Which? by Which?

Which?

13 Listeners

On The Money by interactive investor

On The Money

5 Listeners

Switch Your Money On by Hargreaves Lansdown

Switch Your Money On

2 Listeners

Many Happy Returns by PensionCraft

Many Happy Returns

41 Listeners

Making Money by Most

Making Money

9 Listeners

The Rest Is Money by Goalhanger

The Rest Is Money

274 Listeners