What the Labour government means for your money

What the Labour government means for your money

By This is Money

All change, please. In a radical reshaping of the political landscape, Britain has elected a Labour government for the first time in 14 years.

New prime minister Keir Starmer and Chancellor Rachel Reeves have made bold promises of revival, growth and wealth creation.

But many fear that Britain’s troubled public finances will also mean that promises not to raise taxes will prove empty.

So, what has Labour said it will do, what important things have been left unsaid, what will it mean for the economy and your finances and is there a path to prosperity that doesn’t involve more tax pain?

On this special election podcast, Georgie Frost, Helen Crane, Lee Boyce and Simon Lambert look at what Labour’s election victory could mean for our money.

The team discuss the manifesto promises on the economy and growth and at how robust the no tax rise pledges are.

Can Labour’s housebuilding plans and planning shake up deliver more homes? What are its other plans to get growth going?

Plus, the team look at the Tories’ 14 years in charge of the economy and the positives that can be drawn amongst the turbulence.

And finally, what have we got to be optimistic about as we move into the next chapter of British life?


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