Chris Beauchamp

speaker
49 appearances 1 recordings 1 series first heard Nov 2025 last heard 26 Nov

Chris Beauchamp’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Nov 2025 with 1.

Appearances

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Well, it's grim, to say the least.
You have years of low growth, low productivity, rising government debt that's being paid back at high yields than other countries in Europe.
And the budget, which has been eagerly awaited in one sense, is not expected to really fix any of those things and anything like the measures that we need, I think, really.
So it faces a series of problems with a government that is unwilling to really face up to the scale of the problem.
Yes, it is estimated that at least a quarter of the people of working age are receiving some kind of benefit.
And so the welfare bill has skyrocketed since COVID.
It shows no sign of slowing down.
We also have in the UK what's called the triple lock for pensioners, where they are guaranteed above inflation rises in their pensions every year, which when it was introduced about 15 years ago made perfect sense, but has now really become an albatross around the neck of the British government.
Well, we have a series of key announcements designed to raise more revenue.
So income tax rates will not be raised, but there's a freeze on the bands at the levels at which you pay increased rates of income tax.
Expectation that pensions, there'll be a cap on the amount you can put in under your salary sacrifice scheme.
So you pay more national insurance.
Also, mansion tax on homes worth more than two million and a tax on electric vehicles to make up for the fall in fuel duty, which is one of the key revenue raises for the government.
The fact that more people are using electric cars is hitting this key source of income.
And then on the other side of the equation, they're expected to cut the current rate of VAT on energy bills as well as reduce it, removing the benefit cap altogether.
on families with more than two children.
So if you had more than two children, you couldn't claim benefits above the second child.
But that looks to be removed in a measure designed really to appease the left wing of the Income and Labour Party.
It is to an extent.
And again, the minimum wage policy has been in for coming up on two decades now.
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