The 2025 Budget Explained (and why it was suboptimal)

Order a copy of our magazine Too Long: https://toolong.news/collections/tl006 Check out the TLDR Store: https://toolong.news/ On Wednesday, Rachel Reeves finally revealed her much anticipated budget which tinkered with a whole load of smaller taxes to raise revenues. So in this video, we'll explain what's in the budget and why it might be economically suboptimal for the UK. 📰 Too Long: https://toolong.news/ 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA T Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! ////////////////////// Sources: Pre-budget fiscal analysis https://commonslibrary.parliament.uk/research-briefings/cbp-10400/  https://www.theguardian.com/uk-news/2025/nov/26/five-key-charts-2025-budget-statement-rachel-reeves  Budget leaks https://x.com/Steven_Swinford/status/1993613802630164565  March 2025 OBR report https://obr.uk/efo/economic-and-fiscal-outlook-march-2025/#chapter-1  Nov 2025 OBR report https://d1e00ek4ebabms.cloudfront.net/production/uploaded-files/OBR_Economic_and_fiscal_outlook_November_2025%20(2)-cd34fbbe-aaa8-4661-a910-d13d72e9ecce.pdf  UK inflation data https://tradingeconomics.com/united-kingdom/inflation-cpi