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Sky News Unearths Clip That Could Come Back To Haunt Rachel Reeves At The Budget

15 4
09.11.2025

Rachel Reeves ahead of her "once in a parliament" Budget last year.

An unearthed clip of Rachel Reeves from a year ago could come back to haunt her when she delivers the Budget on November 26.

The chancellor was grilled by Trevor Phillips on Sky News after she raised taxes by £40 billion in her first Budget a year ago.

In the interview, part of which was broadcast again on Sunday, Reeves said: “We’ve now wiped the slate clean under the mismanagement and the chaos of the last government.

“It’s now on us, we’ve put everything out into the open, we’ve set the spending envelope for the course of this parliament. We don’t need to come back for more – we’ve done that now, we’ve wiped the slate clean.”

Asked if that meant she would not come put up taxes up again, the chancellor said: “I’m not going to be able to write five years of Budgets on this show today ... but there is no need to........

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