Autumn budget 2025: What is Rachel Reeves’ plan for the economy?

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6 • 252 Ratings

🗓️ 26 November 2025

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Just hours after Rachel Reeves sets out the budget to parliament, this webinar brought together a team of Institute for Government (IfG) experts to share their instant and essential analysis of the chancellor’s plans. Who are the winners and losers of Reeves’s tax and spending announcements? How will her measures affect economic growth? Has the chancellor finally set a coherent tax strategy? And what challenges now lie ahead for Keir Starmer’s government? To answer these questions and more, this budget day webinar from the IfG brought together an expert line up featuring Dan Haile, Jill Rutter, and Giles Wilkes. The webinar was chaired by Dr Hannah White. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hello everyone. Welcome to this Institute for Government quickfire budget review analysis webinar.
0:16.0	I'm Hannah White and I'm the CEO of the Institute for Government. So, kites have been flown, many kites.
0:23.0	Pitches rolled, measures have moved into the frame
0:25.5	and then placed on the discard pile.
0:28.1	But we actually now know what choices the Chancellor
0:30.9	has finally decided to make in her budget today.
0:34.0	It's just over two hours since Rachel Reeves sat down
0:36.8	at the end of her make-or-break
0:38.5	budget, somewhat longer since an unfortunate OBR staffer accidentally published its analysis
0:44.5	early online, sending budget watches, including some of the RFG scrambling and gzumping Rachel
0:51.2	Reeves' entire speech. This budget has dominated the political conversation for months now.
0:57.2	It seems like we've been talking about it really since the spring statement,
1:00.6	and our team has been digesting the contents this afternoon.
1:04.1	The much trailed and the surprises,
1:06.1	and they're here to give their assessment and to answer your questions.
1:09.7	That team, our senior economist Dan Hale,
1:12.3	who's been watching his first budget for the IFG,
1:14.6	although not his first budget,
1:17.0	and two longstanding IFG budget commentators,
1:19.6	senior fellows, Jars Wilkes, and Jill Rutter.
1:22.2	Please do send your questions in on Slido
1:24.7	and upvote those that you would most like me to put
	...

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