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This Is Why

Is this the biggest budget ever?

This Is Why

Sky News

Daily News, News, News Commentary

4.0552 Ratings

🗓️ 30 October 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

Rachel Reeves has delivered a historic budget - Labour's first in 14 years, the first ever from a female chancellor, and the biggest tax-raising fiscal event in more than 30 years.   
 
On the Sky News Daily, host Darren McCaffrey is joined by economics and data editor Ed Conway and deputy political editor Sam Coates to discuss their reflections and expert analysis on the momentous budget.   
 
Plus, political editor Beth Rigby has been speaking to Chancellor Rachel Reeves about whether Labour has broken promises in its election manifesto as the Tories are claiming.   
  
Producer: Emma Rae Woodhouse 
Editor: Philly Beaumont 

Transcript

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1:03.1

Hello, welcome to the Sky News Daily with me, Darren McCaffrey.

1:07.0

It has been long await.

1:09.0

It's the most eagerly anticipated budget in decades.

1:13.3

So let's have a listen to what's in it.

1:15.4

The Conservative Party has not changed, but this is a changed Labour Party, and we will restore stability to our country once again.

1:25.6

The scale and seriousness of the situation that we have inherited cannot be underestimated.

...

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