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O’Leary Slams Reeves: Budget Mismanagement Could Cost Labour

8/30/2025

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Summary

Story summary

Michael O’Leary criticized Rachel Reeves, predicting she will mismanage the autumn Budget and be removed by Christmas.
He called her a “deadbeat” unfit for the Chancellor role, advocating for pro-growth policies.
O’Leary indicated Labour may need to consider tax increases to maintain power, despite current tax commitments.
He warned that without economic growth, Labour risks losing re-election.

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Story summary

Michael O’Leary criticized Rachel Reeves, predicting she will mismanage the autumn Budget and be removed by Christmas.
He called her a “deadbeat” unfit for the Chancellor role, advocating for pro-growth policies.
O’Leary indicated Labour may need to consider tax increases to maintain power, despite current tax commitments.
He warned that without economic growth, Labour risks losing re-election.