Can the UK Budget balance the books?

英国预算能否实现收支平衡?

World Business Report

2025-11-26

8 分钟
PDF

单集简介 ...

Britain's finance minister, Chancellor Rachel Reeves, is expected to raise taxes for both individuals and businesses in the UK's budget tomorrow. We hear from a restaurant owner on his concerns for the hospitality sector. And why Serbia says its main oil refinery may shut down within days. Presenter: Leanna Byrne Producer: Haider Saleem Editor: Justin Bones
更多

单集文稿 ...

  • This BBC podcast is supported by ads outside Watch Asia-specific on the BBC World Service YouTube channel,

  • or listen wherever you get your podcasts.

  • Listen to the global story on BBC.com or wherever you get your podcasts.

  • If the UK doesn't balance the books, the bond market won't be happy.

  • It's World Business Express from the BBC World Service.

  • I'm Leanna Byrne.

  • Venezuela could be stripping several Spanish airlines at their right to land there,

  • and Serbia has a big oil supply problem.

  • Britain's Finance Minister Chancellor Rachel Reeves is expected to raise taxes for both individuals and businesses in the UK's budget on Wednesday.

  • She says the money is needed to cut health services,

  • waiting lists, reduce the country's debt and steady the economy.

  • Fiona Sincotta, a senior markets analyst at City Index.

  • Fiona, hello, what are you expecting tomorrow?

  • Well, there's been lots of speculation for what feels like months now.

  • I mean, what we do know, spending has been high and gross has been low.

  • So tax hikes almost seem pretty much guaranteed.

  • We are expecting more tinkering around the edges rather than that rise in income tax that had been floated previously.

  • But the market is going to be looking for the chancellor to fill around a 30 billion black hole,

  • which also includes a buffer.

  • That is not an easy job at all.