Story perspectives
Transport Secretary Dismisses Claims Amid Budget Changes
11/23/2025
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Story summary
- Transport Secretary Heidi Alexander denied claims from former Bank of England chief economist Andy Haldane that pre-Budget leaks harmed the economy.
- Chancellor Rachel Reeves is expected to announce smaller tax increases while avoiding income tax hikes.
- The government plans to freeze rail fares and prioritize reducing NHS waiting lists and national debt.
- There is pressure to remove the two-child benefit cap, which could cost over £3 billion, but Conservatives argue against this for fairness in welfare.
- Green Party leader Zack Polanski described the potential cap removal as a "victory."
