The Bigger Picture: Reaction to Rachel Reeves' first Budget, the Tory leadership contest & the US election

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The Bigger Picture: Reaction to Rachel Reeves' first Budget, the Tory leadership contest & the US election - 31 Oct 24

The Bigger Picture: Reaction to Rachel Reeves' first budget, the Tory leadership contest & the US election

Simon Rose

Original Broadcast:

The Bigger Picture

Political commentator Mike Indian fillets Rachel Reeves' first Budget, with a massive increase in taxes, in large part to be paid by business, particularly through an increase in their National Insurance contributions. While the public sector will be getting considerably more money, it is important for the government to make the state more efficient. It is Mike's view that Reeves will be raising taxes more further down the line. He also looks at the Tory leadership contest but believes the new leader will not only not become PM but won't even be the leader in two years' time. As for the US election, the polls are tight – as always – and if there isn't a clear, outright win, we can expect a protracted and bitter aftermath.

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The Bigger Picture: Reaction to Rachel Reeves' first budget, the Tory leadership contest & the US election

The Bigger Picture: Reaction to Rachel Reeves' first budget, the Tory leadership contest & the US election

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