Budget 2025: financial tinkering, not economic transformation
Begg, I.
(28 November 2025)
Budget 2025: financial tinkering, not economic transformation.
British Politics and Policy at LSE.
(28 November 2025)
Budget 2025: financial tinkering, not economic transformation.
British Politics and Policy at LSE.
The 2025 Budget has been characterised as a classic “tax and spend” Labour budget. However, Iain Begg points out that Labour’s supposedly flagship policy of “growth” was conspicuously absent from the Budget’s announcements. While the Budget’s financial tinkering and redistributive measures will appease parts of Labour’s constituency, they won’t ultimately aid the country’s economic transformation.