Would you get hit by a Labour Budget tax raid? This is Money podcast


A bad news Budget looks to be on the cards as Labour continues to pour cold water on optimism its own election victory.

Prime Minister Keir Starmer delivered a glum speech last week saying the Budget was going to be painful, hot on the heels of Chancellor Rachel Reeves’ own gloom-mongering.

But having made a promise not to raise the rates of income tax, national insurance, VAT and corporation tax, where will the government get extra cash in?

Starmer said tax rises would target those with the ‘broadest shoulders’ but who are those people? 

And are there really enough of the very wealthy to target, or will the burden be more likely to fall once again on those in the rich middle?

On this podcast, we look at what taxes could rise and what a capital gains tax, pension, inheritance or other raid could mean for people.

Plus, Britain’s biggest mortgage lender Halifax is upping what it will lend first-time buyers, Crane goes on the case of an Evri bungle and asks shouldn’t you be within your rights to expect a parcel to arrive?

And finally, after the Oasis ticket scramble with prices sky high, can you protect against a potential Gallagher brother blow up, or anything else that would stop you going?

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