Live Budget special: How will the UK secure growth?

Live Budget special: How will the UK secure growth?

Author: Financial Times November 1, 2024 Duration: 58:18

It’s been two days since chancellor Rachel Reeves put a £40bn tax increase at the heart of a plan to fix the country’s “broken” finances and public services, and unveiled a sharp increase in borrowing to fund an extra £100bn of capital spending. But will these measures bolster investment and growth in the UK economy? And what does the Budget tell us about the country’s economic direction over the next five years? The FT’s Lucy Fisher discusses these questions and more with UK political editor George Parker, columnist and host of The Economics Show Soumaya Keynes and economics editor Sam Fleming.


This is a recording of an FT Live subscribers’ webinar, recorded on Friday, November 1.


Follow Lucy on X: @LOS_Fisher, George on @GeorgeWParker, Sam @Sam1Fleming and Soumaya @SoumayaKeynes


Want more? Free links:


Budget poses new challenge for UK public finances, Moody’s warns


Business and wealthy bear brunt of £40bn tax increases in UK Budget


The Budget in brief: what you need to know


Reeves has made her choice — but success is not guaranteed


Rachel Reeves defiant after historic tax and spend Budget


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Read a transcript of this episode on FT.com


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Every Friday, the team behind Political Fix gathers to make sense of the week's political turbulence. This isn't just a recap of headlines; it's a deep, often lively conversation that pulls back the curtain on how decisions are really made in Westminster and beyond. You'll hear from the Financial Times journalists who are actually there, in the corridors and committee rooms, paired with expert voices who provide crucial context. Together, they untangle complex policy debates, analyse the shifting alliances, and question the strategies defining Britain's future. The result is a clear-eyed, authoritative look at the forces shaping the nation, delivered with the FT's signature rigor and insight. Tuning into this podcast feels like gaining access to a private briefing, one that prioritizes substance over noise. It’s for anyone who wants to move past the soundbites and understand the real stories and personalities driving the political agenda. New episodes arrive weekly, offering a consistent and essential perspective on a landscape that never stops moving.
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