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Episode details

Radio London,26 Nov 2025,4 mins

What does the Budget mean for London?

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Chancellor Rachel Reeves has announced an increase in taxes in the Budget, which will raise the government's fiscal headroom to £21.7bn and fund spending to bring down the cost of living for "working people". The statement, made in the House of Commons after the details were published early in error by the Office for Budget Responsibility, set out changes including a rise in the minimum wage and an electric vehicle (EV) mileage tax. Here BBC London analyses what Reeves's changes mean for the capital. (Image credit: Getty Images)

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