Ed Conway on Rachel Reeves - what her conference speech reveals
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 29 September 2025
⏱️ 20 minutes
🧾️ Download transcript
Summary
In an address where there were multiple standing ovations in the hall, she explained she won’t take risks with the public finances and warned the UK will "face further tests, with the choices to come made all the harder by harsh global headwinds".
But were there any significant policy announcements? And does the speech signal the choices she will make in November, when her autumn budget is widely expected to include tax rises.
Niall Paterson is joined by Sky’s economics editor Ed Conway to discuss the most important points from the address and what it can tell us about the economy's direction of travel.
Producer: Araminta Parker & Natalie Ktena
Editor: Philly Beaumont
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Uber drivers. Have you seen your pay go down while your fees to Uber go up? |
| 0:05.0 | All because of an algorithm that reduces your take-home pay, making you work more for less. |
| 0:10.0 | We believe Uber's dynamic pay and upfront pricing is unfair. |
| 0:14.0 | That's why Worker Info Exchange has launched the dynamic pay claim to seek compensation for drivers who have lost income. |
| 0:21.5 | If you've driven for Uber at any time since 2020, it's time to stand together. |
| 0:26.8 | Find out more at dynamic pay.org. |
| 0:30.0 | We all love a good meal, but there's no feeling quite like cooking one, |
| 0:34.4 | whether it's everyone at yours for a Sunday roast or after-school sausage and mash. |
| 0:39.2 | Quick, simple, gone in minutes. |
| 0:42.3 | One thing brings it all together. |
| 0:47.0 | Ah, Bisto. The original gravy. Rich, smooth, and unmistakable since 1908. When the gravy makes the dish, make the gravy. Rich, smooth and unmistakable since 1908. When the gravy makes the dish, make the gravy. |
| 0:58.6 | Ah, Bisto. Coming up on the Sky News Daily with me, Neil Patterson, a big day for the Chancellor. |
| 1:05.0 | Rachel Reeves has addressed the Labour Party conference in Liverpool. So how'd she go down? |
| 1:09.6 | Babe, it's Jim. Just voice-noting you because I'm so busy. I can't even type right now. |
| 1:16.0 | I'm working on that big presentation for my new launch. I'm making it on Canva Mobile like |
| 1:21.1 | you suggested. And it's making everything iconic. So it's a bit noisy, babe. |
| 1:29.2 | Maltz is going off. |
| 1:34.1 | Anyways, I'm going to ping the presentation to you now so you can see what I mean. |
| 1:34.7 | Yeah, my done. |
| 1:36.2 | Got to go, hon. |
| 1:38.1 | Thanks for introducing me to Canva. |
| 1:38.9 | Love you. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sky News, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sky News and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.