UK Budget 2025: Record Tax Hikes & Labour Spending 💷
UK Budget 2025 sees historic tax increases as Labour plans significant spending, reversing previous promises to avoid higher taxes.

Channel 4 News
60.1K views • Nov 26, 2025

About this video
After last year’s tax raising budget Rachel Reeves said never again. But today she came back with more tax rises, taking them to record levels, which amounted to £26 billion. The Chancellor admitting the tax burden would again hit working people.
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Rachel Reeves didn't even get to announce it all - the Office for Budget Responsibility put it all online by mistake before she even stood-up.
Rather than one big tax rise there was a smorgasbord of 43 smaller ones, and one big welfare giveaway - the removal of the benefit cap for those with more than two children.
But as the tax measures bite, what will any of this do for Labour's position in the polls, and the chance of Starmer and Reeves surviving?
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0:00 - What's in the Autumn Budget?
2:34 - 'Smorgasbord' of tax measures
3:27 - Two-child benefit cap scrapped
6:16 - Government in giveaway mode
7:20 - Has the budget united Labour?
9:15 - Why has the Chancellor increased taxes?
12:24 - Special education costs
14:29 - Interview with Treasury Secretary James Murray
20:16 - What are people saying about the budget?
24:07 - Richard Fuller MP, Daisy Cooper MP and Ellie Chowns MP
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[Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe]
Rachel Reeves didn't even get to announce it all - the Office for Budget Responsibility put it all online by mistake before she even stood-up.
Rather than one big tax rise there was a smorgasbord of 43 smaller ones, and one big welfare giveaway - the removal of the benefit cap for those with more than two children.
But as the tax measures bite, what will any of this do for Labour's position in the polls, and the chance of Starmer and Reeves surviving?
-------
0:00 - What's in the Autumn Budget?
2:34 - 'Smorgasbord' of tax measures
3:27 - Two-child benefit cap scrapped
6:16 - Government in giveaway mode
7:20 - Has the budget united Labour?
9:15 - Why has the Chancellor increased taxes?
12:24 - Special education costs
14:29 - Interview with Treasury Secretary James Murray
20:16 - What are people saying about the budget?
24:07 - Richard Fuller MP, Daisy Cooper MP and Ellie Chowns MP
-------
Get more news at our site - https://www.channel4.com/news/
Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe
Follow us:
TikTok - https://www.tiktok.com/@c4news
Instagram - https://www.instagram.com/channel4news/
Twitter - https://twitter.com/Channel4News
Facebook - https://www.facebook.com/Channel4News/
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Video Information
Views
60.1K
Likes
397
Duration
31:38
Published
Nov 26, 2025
User Reviews
4.2
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