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The economic impact of the UK Spring Statement.

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Manage episode 474366106 series 82958
Content provided by Mark and Pete. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark and Pete or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Mark and Pete podcast, we delve into Chancellor Rachel Reeves’s Spring Statement 2025, examining its implications on the UK’s economy and society. We discuss the £14 billion fiscal repair package, focusing on the £3.4 billion savings from welfare reforms projected to increase relative poverty for 250,000 people. We also analyze the £3.6 billion cuts to departmental spending and the anticipated £2.2 billion from enhanced tax compliance measures. The conversation addresses public reactions, with only 19% approving of Reeves’s performance, and explores the potential impact of international trade tensions, such as President Trump’s 25% tariff on UK car imports. Join us as we provide a business perspective on the economic strategies.
Become a supporter of this podcast: https://www.spreaker.com/podcast/mark-and-pete--1245374/support.
  continue reading

604 episodes

Artwork
iconShare
 
Manage episode 474366106 series 82958
Content provided by Mark and Pete. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mark and Pete or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Mark and Pete podcast, we delve into Chancellor Rachel Reeves’s Spring Statement 2025, examining its implications on the UK’s economy and society. We discuss the £14 billion fiscal repair package, focusing on the £3.4 billion savings from welfare reforms projected to increase relative poverty for 250,000 people. We also analyze the £3.6 billion cuts to departmental spending and the anticipated £2.2 billion from enhanced tax compliance measures. The conversation addresses public reactions, with only 19% approving of Reeves’s performance, and explores the potential impact of international trade tensions, such as President Trump’s 25% tariff on UK car imports. Join us as we provide a business perspective on the economic strategies.
Become a supporter of this podcast: https://www.spreaker.com/podcast/mark-and-pete--1245374/support.
  continue reading

604 episodes

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