Britain’s fiscal ship lost at sea
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 20 November 2025
⏱️ 22 minutes
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| 0:00.0 | Something unexpected has arrived in Happy Meal. |
| 0:03.2 | Teenage Mutant Ninja Turtles and Hello Kitty and friends are teaming up for the ultimate collab. |
| 0:08.3 | Joining your little ones on a fun-fueled adventure. |
| 0:11.0 | Some fun, some food, it's all inside this Happy Meal. |
| 0:16.2 | Until the 2nd of February from 11am includes one pre-selected book or toy whilst it's last. |
| 0:20.4 | The views expressed on this podcast are those of the participants, not of Rogers News. |
| 0:27.5 | If they have to do things that are basically unpopular, you know, in the short term, |
| 0:32.7 | can they get it past their own backbenchers, let alone, you know, kind of get re-elected at the end of it. |
| 0:39.3 | And so that is a real binding constraint, I think, on the government. |
| 0:42.3 | It's perhaps comforting in its way that no matter what else is happening in the world, |
| 0:47.3 | tariffs rising or falling, AI-mania, roaring or sputtering markets up or down, |
| 0:52.3 | Britain's chief finance minister will forever be under the gun |
| 0:55.6 | for contemplating unpopular actions for Byzantine reasons. |
| 1:00.0 | Rachel Reeves, the current holder of the office of the Chancellor of the Exchequer, is preparing |
| 1:04.0 | to deliver the government's annual budget statement. |
| 1:06.8 | She has to navigate a course between a confusing tangle of economic forecasts, fiscal rules, |
| 1:12.3 | her own ruling Labor government has made tougher for itself, and election promises to not |
| 1:17.1 | raise corporate income taxes. Not surprisingly, flighty investors and wealthy residents are |
| 1:22.7 | nervously awaiting what she comes up with. How she will dodge a 20 billion pound gap between projections |
| 1:29.4 | and policy and what it all means for the UK economy is the subject of this week's |
| 1:33.6 | views room. Welcome to the Views Room, the weekly podcast from Reuters Breaking Views |
| 1:39.5 | that dives into the naughtiest topics in economics and corporate finance. I'm Jonathan Guilford, |
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