Bad Day At The Office (for Budget Responsibility)
Wake Up To Money
BBC
4.1 • 775 Ratings
🗓️ 27 November 2025
⏱️ 53 minutes
🧾️ Download transcript
Summary
Sean Farrington takes a panel of businesses, tax and economics experts to pore through the detail of the Chancellor's Autumn Budget 2025, including a look at the tax thresholds freeze, pensions, electric vehicles and business rates.
We also discuss what it means for the Budget and the Office for Budget Responsibility after the forecaster accidentally published its report before the Budget was announced, instead of after.
Plus Wake Up to Money hears what the Budget and in particular the threshold tax freeze does for keeping people motivated to earn more.
Transcript
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| 0:00.0 | BBC Sounds, Music, Radio, Podcasts. |
| 0:07.0 | Hello, I'm Emma Barnett. For most of my career, I've been on live radio, and I love it. |
| 0:13.3 | But I've always wondered, what if we'd had more time? How much deeper does the story go? |
| 0:19.2 | I remember having this very sharp thought |
| 0:21.7 | that what you do right now, this is it. |
| 0:24.3 | This defines your life. |
| 0:26.0 | I'm ready to talk and ready to listen. |
| 0:28.3 | I'm insulted by how little the medical community is ever bothered with this. |
| 0:33.9 | Ready to talk with me, Emma Barnard, is my new podcast. |
| 0:37.0 | Listen on BBC Sounds. |
| 0:39.5 | Welcome. Hello, it is Wake Up to Money. Welcome. Right, we've had it. It's done. And we know millions of people to pay more in tax. |
| 0:51.5 | That is the plan anyway after Rachel Reeves's budget. We're loaded with |
| 0:54.8 | experts, bosses to answer your questions on the show, from tax thresholds to pensions, to |
| 1:01.0 | electric vehicles and business rates. We'll try to get through as much as we can. If there's |
| 1:05.8 | something we miss, do let us know. It was a bit of a bad day at the office for those behind the scenes at the office for budget responsibility, however. |
| 1:14.4 | The sheer absurdity of reading out something that the Chancellor has not yet announced in the House of Commons is mind-blowing. |
| 1:20.4 | Not so much to do with the numbers, but accidentally publishing, effectively the budget and the forecast. |
| 1:25.4 | Before the Chancellor stood up, We'll have a look at what |
| 1:28.3 | happened with that particular shocker. |
| 1:30.6 | Wake up to Money with Sean Farrington. Good morning to you. Here we are. Wake up to |
| 1:36.0 | money on Thursday the 27th of November, just after 5 o'clock. In many ways, this is the date |
| 1:41.9 | that we've all been waiting for, where we actually have the detail |
... |
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