Hi folks and welcome back to the Meaningful Money podcast. This is session number 599, sort of,

with me Pete Matthew and me, Roger Weeks. Hello, Roger. Hi, Pete. And today we're adding an extra

episode to chat about the budget. We're recording, actually recording this on the day after the

Chancellor's speech. So we've had a short time to digest what's been announced and understand

what's happened. Do you feel like you've digested it fully? Not really. No. We'll do our best. But it will be better. I put a video out yesterday, which was sort of very, I mean, I think I finished recording it by about, half past three, something like that. So, you know, only a couple hours after Rachel Reeves sat down. But today, you know,

we can take our time a little bit more, maybe express a bit more of our opinion.

Well, I think it's probably more of opinion piece than anything else. Yeah, we'll see.

And also talk about, you know, how it might affect you, particularly from a financial planning

standpoint. But I alluded to it a little bit just then, but there is a bit of a problem, Roch. Yeah, what's that? Well, this is an extra episode. And because now we're having to be much more organized, you know, got producer Kate helping us, and we've got various other things going on. You know, more content going out. We've actually already recorded the next few weeks worth. Yeah, we have. And we already put in a little marker on one of them that that episode was number 600. But now we've put this one in. That's going to be actually episode 600. Well, actually, it's funny because when I read this, hold on, why is this 599? We did 600. We recorded it already. Anyway, so numbering system messed up, but never mind. Yeah, well, well, I mean, I chat with Jen this morning and said, look, we've got a problem with their numbers now. She said, well, do it like you'd normally do street names, street numbers. Actually, I think, and you've just triggered something, because in those recordings, we would have said, you know, we would have said about the links, you know, so right, this has to be what Jen said then. So tell me what Jen said. Well, Jen said if you had built a house in your garden and, you know, you're number 11 and the extra number 12, it's like, the local authority says, well, they call it 11B or 11A. Well, let's call it 11B for budget then. But we're going to call it number 598B. 598B. Hi, folks, and welcome back to session number 598B. That makes far more sense. It does make sense. And of course, that means, yeah, that we'll just... We'll have to think in the future. We will, we'll have to be a bit more organised. but what we can do, of course, is when we allude to any links and stuff, they will be at the show notes. So this is going to be meaningful money. Dot TV slash session 598B. There we go. Makes sense. Catchy as anything. God, what a palaver already. Let's dive into it, bud. So I suppose we can start by talking about tax.

Yeah, the tax was going to be the big one that people worried about

because she had these rules that she wasn't going to break.

And then she might possibly have been breaking them for a while.

Yeah, some of the headlines from a couple of weeks ago ago pre-empting what might happen in this budget.

Well, yeah.

She did a conference.

She did a press conference.

Yeah.

You know, which it felt to everybody like she was teeing us up for income tax rate rises,

which would have been a manifesto promise broken, like very explicitly.

Yeah.

And then like a week after that, I think it was in the FT. Somebody spoke to the FT, you know, people familiar with the situation. Oh, yes. Spoke to the FT and said, no, that's definitely not happening. So I don't know. Yeah, and she had a bit of a telling off, didn't she? In the, in the, by the deputy speaker yesterday. Yes, not directed solely at her, but I mean, of course, the OBR messed up royally and actually released the document half an hour before Rachel Reeves stood up, which is unprecedented. Well, because I went and looked at the BBC site, team myself up, ready to watch it.

And it's like, oh, we've just had this. And they're going to do it on the fly. And they're

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