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Home› World› Badenoch calls for benefit cuts to fund defence spending in pre-budget speech – UK politics live

Badenoch calls for benefit cuts to fund defence spending in pre-budget speech – UK politics live

WorldBy Andrew SparrowOct 20, 2026, 9:43 AM
Badenoch calls for benefit cuts to fund defence spending in pre-budget speech – UK politics live
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PUBLISHEDOct 20, 2026, 9:43 AM
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What the source reports

Conservative leader gives speech as Treasury sources say Healey has ruled out a rise in capital gains tax Badenoch says Britain needs tax cuts. We need to get out of the way of job creators who make our country richer. We need to encourage risk taking, wealth creation, enterprise. Britain’s tax burden has never been higher.

You are taxed on the heating in your home. You’re taxed at the petrol pump filling up your car. You’re taxed when you insure that car. You’re taxed if you take the family away on holiday. You’re taxed if you stay in the UK thanks to Andy Burnham’s tourist tax. You’re taxed to buy a home, taxed to live in a home, taxed…

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Main source: The Guardian World

TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.

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