Angela Rayner: The Deputy Prime Minister Admits Underpaying Tax

Newscast

BBC

Politics, News

4.4 • 6.4K Ratings

🗓️ 3 September 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, Angela Rayner admitted to underpaying stamp duty on her £800,000 flat in Hove and referred herself for investigation by the PM's standards adviser.

James is joined by Faisal Islam, Economics Editor, and Chris Mason, Political Editor, to discuss the deputy prime minister’s explanation of her family and tax arrangements, the reaction in parliament, and the inquiry she now faces.

Plus, Rachel Reeves has revealed the date of the Autumn Budget. But the ‘kite-flying’ about what levers the Chancellor could pull is taking place in tricky economic weather - so what themes will emerge over the next twelve weeks of Budget speculation?

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New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by James Cook. It was made by Miranda Slade with Gabriel May, Shiler Mahmoudi and Kris Jalowiecki. The social producer was Sophie Millward. The technical producer was James Piper. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.

Transcript

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0:00.0	BBC Sounds, Music, Radio, podcasts.
0:05.5	The 26th of November, famous in history for a number of things.
0:10.9	Birthday of Tina Turner, 1939, 1939.
0:15.0	The last Concord flight ever, that was 2003.
0:18.7	And Captain James Cook, won James Cook, becoming the first European explorer
0:22.8	to see the Hawaiian island of Maui, which did not end well. Also, the release of the Sex Pistols
0:28.7	album Anarchy in the UK, which was 1976. But this year, it's the date of the 2025 autumn
0:35.1	budget, just 84 days to go, newscasters counting down.
0:38.6	So we're going to discuss that and Angela Rainer's tax arrangements on this episode of Newscast.
0:44.6	Newscast from the BBC.
0:46.9	Fat boy sliver me in the classroom doing our violin lessons.
0:49.8	I was the tappletail in the class.
0:51.2	Can I have an apology, please?
0:52.5	I trust almost nobody.
0:54.1	Then daddy has to sometimes do strong language. Next time in Moscow. I feel delulu with no salulu. Take me down to Downey Street. Let's go have a tour. Blimey. Hello, it's James in Glasgow. And it is Chris at Westminster. It's Faisal in central London. And Faisal, you have been speaking to the Chancellor of the Exchequer,
1:13.3	and we're going to talk about that in a minute because it's very interesting. And she's confirmed when the next budget will be, among other things. But first, Chris, we need to speak about Angela Rayner. The housing secretary, deputy prime minister, She's admitted today that she did not pay enough stamp duty on a flat
1:29.5	that she bought in Hove in East Sussex earlier this year. And she's referred herself to the,
1:35.3	it's called the independent advisor on ministerial standards, isn't it? Now, this is really complicated.
1:40.8	Yeah. I find it very complicated anyway. Can you just, in summary, tell us what's going on?
1:46.0	Yeah, it is complicated. Here's the sort of headline paragraph. The housing secretary is in a tangle about housing.
1:53.6	The deputy prime minister, for she wears both of those job titles, is in a tangle about tax whilst occupying a senior role in a tax raising government.
2:02.9	So that's the kind of bit, so far so awkward, so black and white.
	...

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