More mention of breakfast clubs than taxes by Chancellor
29 September 2025
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Julian Jessop is quoted in The Sun
3 September 2025
Energy and Environment
1 October 2025
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Responding to the Chancellor’s speech, Tom Clougherty, Executive Director at the Institute of Economic Affairs said:
“Rachel Reeves mentioned breakfast clubs in her major conference speech more than taxes. By emphasising this government’s spending plans without any mention of how they will be paid for, we can definitely expect taxes to be going up at the next budget to pay for them.
“She also asked who is going to stand up for British businesses – but businesses will be thinking if the answer is this government then we’re in serious trouble, given all of the additional burden they are placing on the engine of Britain’s economic growth.
“The Chancellor’s plans for growth also leave much to be desired. For all of the positive words about growth there is very little substance that gives us cause for optimism, despite it rightly being their number one priority.”
“Rachel Reeves mentioned breakfast clubs in her major conference speech more than taxes. By emphasising this government’s spending plans without any mention of how they will be paid for, we can definitely expect taxes to be going up at the next budget to pay for them.
“She also asked who is going to stand up for British businesses – but businesses will be thinking if the answer is this government then we’re in serious trouble, given all of the additional burden they are placing on the engine of Britain’s economic growth.
“The Chancellor’s plans for growth also leave much to be desired. For all of the positive words about growth there is very little substance that gives us cause for optimism, despite it rightly being their number one priority.”
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