Britain’s fiscal ship lost at sea

Finance minister Rachel Reeves, seeking to bridge (https://www.reuters.com/commentary/breakingviews/uk-exit-tax-is-less-risky-than-zero-fiscal-vision-2025-11-05/) a 20 bln pound budget gap (https://www.reuters.com/commentary/breakingviews/uk-tax-smorgasbord-can-add-up-yet-still-fall-short-2025-11-14/) to meet byzantine rules, is already wavering on raising income taxes and other policies. In this Viewsroom podcast, Breakingviews columnists discuss what to expect and why the economic picture (https://www.reuters.com/commentary/breakingviews/how-stop-arbitrary-budget-rules-hurting-growth-2025-11-04/) is so glum. Visit the Thomson Reuters Privacy Statement (https://www.thomsonreuters.com/en/privacy-statement.html) for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices (https://megaphone.spotify.com/about-advertisements) to opt-out of targeted advertising.  Learn more about your ad choices. Visit megaphone.fm/adchoices (https://megaphone.fm/adchoices)