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Budget 'hokey cokey' due to 'shifting sands'

Western Mail

|

November 24, 2025

CABINET minister has defended the pre-Budget proA cess, saying it has taken place on "shifting sands" amid fears about the economic impact of speculation.

- HELEN CORBETT

Transport Secretary Heidi Alexander also did not deny that the Chancellor is planning a pay-per-mile scheme for EV drivers at the same time as boosting a grant cutting the upfront costs for buyers.

Speaker Lindsay Hoyle has criticised what he called the "hokey cokey" Budget and called out ministers for leaking announcements ahead of Wednesday's statement.

Rachel Reeves abandoned expected plans to hike income tax rates after a press conference and briefings aimed at preparing the country for the manifesto-busting move.

The apparent U-turn was said to have come about because of improved economic forecasts.

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