Whitehall Sources

Is an Emergency Budget Coming?


Published: 3 April 2026 at 05:00 Europe/London

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Episode notes

As UK energy costs soar, industry leaders are calling for an Emergency Budget to prevent mass deindustrialisation. In this episode of Whitehall Sources, we dive into the brewing cabinet split between Rachel Reeves and Ed Miliband over North Sea oil drilling.


  • Emergency Budget 2026: Why Make UK’s Verity Davidge says the government must intervene now to save British manufacturing.
  • Energy Security: The "screeching U-turn" on Rosebank and Jackdaw oil fields.
  • Business at Risk: How record-high energy bills and business rates are forcing UK firms to the brink.

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