Davey: Botched Budget failing to repair the £90 billion Brexit black hole

26 Nov 2025

EMBARGO: Immediate Release

Responding to the Chancellor's announcement of the Budget, Liberal Democrat Leader Ed Davey said:

“This was a botched Budget delivered by a Chancellor who has diagnosed the disease, but refuses to administer the cure

"This Government has chosen to reject the single biggest thing it could do to turbocharge economic growth and repair the £90 billion Brexit black hole.

“Labour was elected on a promise of tackling the cost of living crisis and growing the economy - and this is the second budget where it’s failed to do either.  For millions of people struggling with higher bills, all this budget really offers is higher taxes.”

ENDS

 


 

 

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