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More mention of breakfast clubs than taxes by the Chancellor   – London Business News | London Wallet

Philip Roth by Philip Roth
September 30, 2025
in UK
More mention of breakfast clubs than taxes by the Chancellor   – London Business News | London Wallet
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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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