Budget review - going for growth?
Pompey Politics Podcast
Simon Sansbury and Ian 'Tiny' Morris
5.0 • 4 Ratings
🗓️ 30 November 2025
⏱️ 65 minutes
🧾️ Download transcript
Summary
We take a look at Wednesday’s budget. Rachel Reeves’ 2nd as Chancellor of the Exchequer.
Will there be a 3rd? | Who are the winners? | Who the losers? Was it bold or timid? | Does the leaking or ‘testing’ of policy ahead of the budget create more uncertainty? | Will the measures announced help with cost of living, reduce burden for small businesses and pay for services? | Will the Chancellor fill the gaps in local government funding?
Which policy changes are you celebrating? | What are the changes the Chancellor could have made, but didn't?
You can watch the budget in full on the Parliament's Youtube channel.
Chancellor of the Exchequer's Speech
Leader of the Opposition's Speech
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Transcript
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| 0:00.0 | Good evening and welcome to the Pompey Politics Podcast, the podcast where we explore local, national and international, |
| 0:07.0 | yeah, oh that's great, I record that again if we weren't live. |
| 0:13.0 | International issues in a calm, measured and reasonable way. |
| 0:18.0 | Ah, I'm Ian Tiny Morrison. It's been a long week. It has indeed been a long week. |
| 0:24.8 | Obviously, we were busy on Wednesday evening. It was our honour to host a public meeting and a meeting of all of the parties involved in the campaign to stop the Aquit Interconnector. |
| 0:37.4 | So that was a pleasure on Wednesday. |
| 0:40.8 | And yeah, and also happening on Wednesday, |
| 0:43.0 | where else happened on Wednesday? |
| 0:44.1 | Was there something big going on? |
| 0:46.0 | Well, it's been a long-awaited budget, hasn't it? |
| 0:50.8 | I mean, I think usually we would expect to see the budget sometime in October, |
| 0:56.0 | but the Chancellor made us wait. I mean, well, you could argue that perhaps it was a budget of a thousand leaks where, you know, two two weeks before as I was munching on my |
| 1:13.6 | special K she popped up to tell us just how dire things were and beware the aides of |
| 1:20.5 | November and finally this week this week she all, as it were, metaphorically. |
| 1:28.1 | Although, in fact, I think the OBEA actually did reveal the whole budget just before she got to her feet. |
| 1:35.0 | Yes. |
| 1:37.7 | Somebody pressed the send button and make that live on their website 40 minutes early, which is being investigated. |
| 1:47.6 | So they'll get to the bottom of that, I'm sure, to understand kind of what happened. |
| 1:53.1 | But yeah, let's kind of get into it. |
| 1:54.9 | It will be no surprise that we're talking about the budget. |
| 1:58.7 | And as is our custom, rather than trying to give a hot |
| 2:01.9 | take on the day, when everyone else is doing the same, having been exposed to the same information, |
... |
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