The Great Budget Betrayal: Ex-Chancellors Unpack Labour’s £70B Tax Grab and “Madness” Manifesto

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.8 • 1.4K Ratings

🗓️ 1 December 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Two former UK Chancellors, Jeremy Hunt and Kwasi Kwarteng, deliver a brutal, unfiltered emergency analysis on Labour’s first two budgets. They expose the truth behind the £70 billion tax hike, the controversial welfare policies, and why freezing housing taxes will "gum up" the top end of the market. Discover the shocking reasons this financial chaos is happening now and why the UK's global reputation is taking a hit! BEST MOMENTS "I was really giving Rachel Reeves and Keir Starmer the benefit of the doubt... I thought the basic philosophy was going to be pro-business. And I think yesterday, very sadly, growth was completely sacrificed." "The one thing that most worried me... was the extra bands of council tax on more expensive homes... it is going to gum up the top end of the property market." "They've got another three years of budgets. And do I think they're suddenly going to balance the books and not raise taxes? No, I don't" Exclusive community & resources: For more EXCLUSIVE & unfiltered content to make, manage & multiply more money, join our private online education platform: Money.School →⁠ ⁠⁠https://money.school⁠ And if you’d like to meet 7 & 8 figure entrepreneurs, & scale to 6, 7 or 8 figures in your business or personal income, join us at our in-person Money Maker Summit Event (including EXCLUSIVE millionaire guests/masterminds sessions) →⁠ ⁠⁠https://robmoore.live/mms⁠ 🔗 CONNECT WITH ROB 📸 Facebook: ⁠https://www.facebook.com/robmooreprogressive/?locale=en_GB⁠ 📸 Instagram:⁠ ⁠⁠https://www.instagram.com/robmooreprogressive/⁠ 👨‍💻 Linkedin:⁠ ⁠⁠https://www.linkedin.com/in/robmoore1979?originalSubdomain=uk⁠ 🌍 Website: ⁠https://robmoore.com/⁠ 🎙 A NOTE FOR THE #DISRUPTORS: The world is on the edge of a revolution. Wealth, power & information are being disrupted. Mainstream media is dying. Your freedom is being challenged. Your money is being debased. #Disruptors & Rob Moore asks the questions others dare not to ask. Disruptive & diverse guests speak out on topical world issues & their areas of success & influence. As the world has changed, Disruptors has evolved to diverse global movers, shakers & change makers who stand out & speak up. Want to start your own podcast? Get in touch - Disruptive Media. ⁠⁠https://disruptivemedia.co.uk/⁠ If you don’t risk anything, you risk everything.

Transcript

Click on a timestamp to play from that location

0:00.0	This is an emergency post-budget exclusive broadcast with two ex-chancellors of the UK, Jeremy Hunt and Quasi Quito.
0:09.0	In their only media interviews exclusively for disruptors, following the budget, we unpack Labour's policy U-turns,
0:16.0	and the controversy surrounding the reported OBR pre-budget league.
0:20.0	I think some of them are intentional and some of them are accidental.
0:23.6	That to me is serious.
0:24.6	Nothing is held back and these truths are brutal.
0:27.6	Growth was completely sacrificed.
0:30.6	If you tax people enough, they will leave.
0:32.6	Do you think Rachel Reeves is qualified to be the UK Chancellor?
0:35.6	In all candor. But first, let me know in the comments what you think about Labour's budget plans.
0:41.3	And now, here are not one, but two ex-UK Chancellor's unfiltered thoughts.
0:47.3	Jeremy, what shocked you the most about the budget?
0:52.3	I think that I felt a bit betrayed actually because obviously I'm
0:58.4	a conservative and I've got skin in the game as a former chancellor but I was really giving
1:05.9	Rachel Reeves and Kirstama the benefit of the doubt on an individual level I think they're
1:10.1	both decent people
1:11.5	and, you know, different political traditions. But I really did think that we would have a party
1:17.3	that, yes, they were never going to agree with me on the need to bring taxes down. But I thought
1:22.4	the basic philosophy was going to be pro-business. And I think yesterday, very sadly, you know, growth was
1:31.8	completely sacrificed to the internal Labour Party debate about welfare spend. And I think it's going to
1:41.6	make it much harder to get out of our low growth trap.
1:47.0	So I was pretty disappointed, actually.
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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