Reaction to the 2025 Budget

Timestamps:

0:30 Budget expectations, OBR leak, and response

4:29 Lifting of the two-child limit on the child element of Universal Credit

10:23 Clearing confusion around child benefit, two-child limit, and the benefit cap

14:01 Freezing tax thresholds

19:25 Smorgasbord of smaller taxes

28:26 Spencer reflects on his first Budget with the FAI