Reeves' headroom headache

Wake Up To Money

BBC

Business

4.1 • 775 Ratings

🗓️ 1 December 2025

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Will Bain speaks to a former Treasury economist about the claims Chancellor Rachel Reeves misled the public over stronger OBR forecasts before her tax-raising Budget.

Also, while there was disappointment this budget didn't have much to offer in the way of economic growth, there was a glimmer of hope for tech start ups hungry for investment. We speaks to a CEO on why the future may be brighter for her sector.

And we find out from a former confectionery buyer on what it takes to get to Christmas chocolate on the supermarket shelves.

Transcript

Click on a timestamp to play from that location

0:00.0	BBC Sounds, Music, Radio, podcasts.
0:07.0	My Christmas Mix is pure 90s festive nostalgia.
0:11.1	You know, the Christmas songs you listen to on repeat.
0:14.0	Ho!
0:14.3	Ho! Ho! No, no, no.
0:17.5	I'm all about the big hitting Christmas anthems.
0:20.4	Come on, guys. What about those tunes that really slay?
0:23.7	It's Christmas Kitchen Disno season, surely.
0:26.4	Give me hip-hip Christmas bangers every day.
0:28.6	Those Christmas tracks that are straight out of Lapland.
0:30.9	Get all kinds of Christmassy.
0:32.6	Just search Christmas music on BBC Sounds.
0:36.3	Wake Up to Money from BBC 5 Live. Hello, morning. Welcome. Wake Up to Money from BBC 5 Live.
0:39.8	Hello morning, welcome to Wake Up to Money.
0:41.8	The Prime Minister will throw his way behind the Chancellor's budget in a speech later on today,
0:46.2	promising to go further and faster.
0:48.6	But it comes as Rachel Reeves is caught up in a row over what she did
0:52.5	or didn't tell voters about the state of the economy.
0:55.8	I was very clear in that speech on the 4th of November.
0:58.4	I didn't want to have less headroom.
1:00.1	I wanted to have more headroom.
1:02.0	Sticking with the budget, we'll be hearing from a young tech entrepreneur on plans to make it easier for startups to get their hands on that all-important investment cash.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.