Budget Day
17
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8
EPISODES
8
PODCASTS
Search complete. 17 mentions across 8 episodes found for "Budget Day".
Oct 29, 2026
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Natalie HigginsHOST
So, Paris, Phil, it was Budget Day at Westminster and we very generously gave ourselves an extra 24 hours to work out what we thought of it.
Paris GourtsoyannisHOST
Yeah, I'm here at Westminster where the UK government hopes that this was a budget that was small but perfectly formed and didn't leave any space for embarrassing U-turns.
Phil SimHOST
And here in Edinburgh, of course, we did Control F Scotland to try to work out what it means for Scotland and indeed for Jenny Gilruth's upcoming Scottish government budget.
Paris GourtsoyannisHOST
room shot, yeah.
Natalie HigginsHOST
It's so interesting.
Natalie HigginsHOST
I mean, I'm sure there is a reason why we make the Chancellor do this, but there are like these little sort of conventions on Budget Day, aren't they? Which is possibly a desperate attempt to make it more fun, but it's actually also quite dry quite a lot of the time.
Natalie HigginsHOST
The cliches of Budget Day... you know, the rabbit out the hat.
Tom NicholasHOST
so this is 10 downing street the official residence of the british prime minister um but today we're not going in there we are going next door to number 11 downing street which is the official residence of the chancellor of the exchequer and the uk's finance minister who is in charge of taxation and spending and all of that uh fun mathsy uh stuff We're here because today, or probably yesterday by the time you're watching this, is Budget Day.
Tom NicholasHOST
The day in which the UK government, through the voice of the Chancellor of the Exchequer, announces its budget for the coming year.
Tom NicholasHOST
How much it's going to tax people, and that is particularly the thing that tends to be the main focus, is taxation.
Alex WolfeHOST
In only a matter of a few hours, John Healey will deliver his first budget as Chancellor of the United Kingdom.
Alex WolfeHOST
Now, what's pretty crazy about Budget Day, of the wonderful duo of Cameron and Osborne, who did six years together as Prime Minister and Chancellor, we've had six Prime Ministers and eight Chancellors.
Alex WolfeHOST
So you could argue we haven't particularly had a good budget in 10 years, because to put that in comparison, the average CEO... of a FTSE 100 company last six and a half years.
Alex WolfeHOST
It's just bonkers.
Alex WolfeHOST
So today I'm going to look at the budget arse on Budget Day from the big energy trade bodies.
Alex WolfeHOST
There's my own, the Renewable Transport Fuels Association.
Alex WolfeHOST
There's those who really looks after the driver, the Road Haulage Association.
Lucy WinkettGUEST
It's the Deputy Speaker, Nusrat Ghani MP, who will chair the debate, and the box in which the speech is carried can be Gladstone's, dating from 1860.
Lucy WinkettGUEST
But in amongst the rituals and conventions, Budget Day is one of the most consequential days in the democratic life of the country.
Lucy WinkettGUEST
It was a former French Prime Minister who said that to govern is to choose, and this has no sharper expression than on the day of the Budget.
Lucy WinkettGUEST
Unlike the unlimited time given to the Chancellor today, choices about taxation and decisions about spending reveal the limits that any democratic government must balance and judge.
James HealeHOST
Now, we've only got one day until he comes.
James HealeHOST
It is going to be Budget Day tomorrow, Tim.
James HealeHOST
What can we expect at this stage? It seems that we've had some more budget goodies announced in the days up to it.
Tim ShipmanGUEST
Yeah, I mean, look, they've been doing a lot of sort of cost-of-living stuff, small beer.
Matt ChorleyHOST
That is Nusrat Ghani, who is basically her job to try and maintain order as a Chancellor and the Leader of the Opposition... sort of fight it out over the budget and then all of the other MPs who get up and want to make their points.
Matt ChorleyHOST
Last year, it was a particularly disorderly Budget Day.
Matt ChorleyHOST
You might remember this after all the leaks beforehand and then the Office of Budget Responsibility accidentally published all their documents just before the Budget started.
Matt ChorleyHOST
It's fair to say that Deputy Speaker Nusrat Ghani wasn't happy.
Nusrat GhaniGUEST
But at the same time, people need to be heard.
Matt ChorleyHOST
We've had some questions in.
Matt ChorleyHOST
Roger in Velligan Morgan says, will John Healy have a glass of whiskey by his side on Budget Day?
Nusrat GhaniGUEST
I don't know if you will.
Tega Ade-BayorHOST
And the UK Chancellor of the Exchequer, John Healey, is set to raise taxes on banks to stabilize the public finances.
Tega Ade-BayorHOST
Bloomberg understands the levy is one of the major measures Healey has asked the independent office for Budget Responsibility to evaluate ahead of Budget Day.
Tega Ade-BayorHOST
It comes after the chancellor talked up the finance sector in an interview with Bloomberg yesterday.
John HealeySOUNDBITE_SPEAKER
These are a really important part of the British economy.
Hazel Ahern-FlynnGUEST
What we maybe weren't expecting to see this time around was the government going that little bit further on employers' PRSI.
Hazel Ahern-FlynnGUEST
So increasing the threshold, the entry point to the higher rate above the national minimum wage and What that does is two things that maybe weren't flagged as directly in the Budget Day speeches or weren't as apparent.
Hazel Ahern-FlynnGUEST
Firstly, it takes some of the sting out of the increase from the national minimum wage to the tune of somewhere around 40% as staff move from, you know, this year's minimum wage to next.
Hazel Ahern-FlynnGUEST
And then for anyone who is on a little bit above the national minimum wage, so up to somewhere around 15 euro 40 cents, you know, depending on what level that is, you're actually netting out.
Hazel Ahern-FlynnGUEST
But as a broad direction of travel, it's very positive.
Hazel Ahern-FlynnGUEST
And again, the scale of it was a surprise on the upside.
Gerard BradyHOST
Murad, just turning to you, you looked at business tax, income tax, those kind of areas on budget day.
Gerard BradyHOST
What was the thing that struck you as most important or most notable out of those measures? And there were lots of them.