Reeves Budget snowstorm of discontent

Reeves Budget snowstorm of discontent

Author: The Telegraph November 27, 2025 Duration: 56:08

The rocket of right thinking is back for a crucial Budget Special as Chancellor Rachel Reeves unveils her second major fiscal statement. Her new £30 billion tax rise means a staggering £70 billion increase in just two years, the most "punitive tax raising budget in more than three decades".


Joining the co-pilots to dissect the numbers is the brilliant Telegraph columnist, Roger Bootle. Roger reveals why he thinks the budget will land "very badly with business" and discusses the "scandalous" leak of the Statement beforehand.


Co-Pilot Pearson calls it a "death knell budget for Labour" and argues that by funnelling huge amounts of money into the welfare bill, Reeves has confirmed it is now the party of the "Shirking class". 

Whilst Co-Pilot Halligan identifies the "ghost" of the Employment Rights Bill looming over the budget, dubbed by some as the "Unemployment Rights Bill," warns that this "back to the seventies" extension of rights will be disastrous for hiring.


You can watch today's episode, which we filmed in the studios at Telegraph towers: https://youtu.be/ZrIXGoJGkBU


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Read Allison ‘Dear Rachel, do you have any clue how much hard-working people are struggling?’:

https://www.telegraph.co.uk/news/2025/11/26/allison-pearson-on-rachel-reeves-budget/ |


Read Allison ‘I asked people if my Reform badge made me look like a Nazi and they howled with laughter’:

https://www.telegraph.co.uk/news/2025/11/25/allison-pearson-reform-badge-nazis/ |


Read more from Allison: https://www.telegraph.co.uk/authors/a/ak-ao/allison-pearson/


Read Liam ‘Reeves’s endless tax scaremongering is killing off animal spirits’: https://www.telegraph.co.uk/business/2025/11/23/rachel-reeves-scaremongering-taxes-killed-off-spirits/ |


Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |


Read Liam’s Substack: https://liamhalligan.substack.com/ |


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Every Thursday, Allison Pearson and Liam Halligan step outside the daily noise to offer a different perspective on the week’s events. Planet Normal, from The Telegraph, is a conversation that often challenges the prevailing narratives found in mainstream media and political circles. This podcast digs into the stories shaping society, culture, and the news, focusing on the viewpoints and concerns that feel increasingly sidelined. Pearson and Halligan, both seasoned columnists, bring a blend of sharp analysis and relatable frustration to topics ranging from family life and economic pressures to broader cultural shifts. Their discussions feel like a break from a scripted debate, offering listeners a space where common sense and direct commentary take precedence. Tuning in provides a weekly reset-a chance to hear arguments grounded in everyday experience rather than abstract theory. It’s for anyone who feels the conventional discourse doesn’t quite reflect the reality they see. You’ll find the tone is more like a candid chat between two well-informed friends than a formal news broadcast, making complex issues accessible and engaging. This is the appeal of the Planet Normal podcast: a consistent, thoughtful alternative that speaks plainly about the forces shaping our world.
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