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Businesses and local leaders react to Rachel Reeves' budget

Hull Daily Mail

|

November 27, 2025

CHANCELLOR' TOLD HOUSE OF COMMONS THE GOVERNMENT IS 'REBUILDING THE ECONOMY'

- By ANDREW SPENCE

BUSINESSES and local leaders have reacted to the Chancellor's Autumn Budget.

Rachel Reeves, yesterday delivered her second Budget since becoming Chancellor of the Exchequer after the 2024 General Election.

Ms Reeves told the House of Commons the Government is “rebuilding the economy” whilst making decisions to create a “fairer, stronger, and more secure Britain.” Key announcements included the abolition of the two-child benefit cap, a move which was music to the ears of many back bench Labour MPs who had been calling for the Government to scrap the Conservative Party policy, which Ms Reeves told MPs “has pushed hundred of thousands of children into poverty.”

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