BBC News, on UK Politics, 26 October 2026

BBC News reports a former Treasury minister, Darren Jones, on his Budget predictions and his memories of Budget Day. Every claim about the debt and about what the government may do is attributed to Jones in quotation marks, and his predictions are given as his own guesses. Nothing in the article misleads its reader.

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An insider's guide to Budget Day: 'Don't fall off the kerb'

An insider's guide to Budget Day: 'Don't fall off the kerb' Image caption, Bristol North West MP Darren Jones is now a backbencher but he previously worked alongside former Chancellor Rachel Reeves By Paul Barltrop West of England political editor Published 1 hour ago Former cabinet minister Darren Jones has given his predictions for this year's Budget, such as extra tax on banks and help with energy bills, but he also has insider knowledge on the drama and the pitfalls of Budget Day itself. As Chief Secretary to the Treasury, Bristol North West MP Jones worked alongside the last Chancellor Rachel Reeves. "Don't fall off the kerb," he said of the moment the Chancellor stands with their Treasury ministerial team at Downing Street ahead of delivering the Budget to Parliament. Jones admitted he had made mistakes during his time in government and he warned of the scale of the challenge facing Reeves' successor John Healey. More from Bristol Daughter wins £127k claim for caring for mum at home Published 1 hour ago Theatres at risk and fighting back across the West Published 1 hour ago 'Beloved cats need more protection from drivers' Published 1 hour ago Jones is now a backbencher, losing his role when Andy Burnham became Prime Minister. However, his two years at the centre of Sir Keir Starmer's government gave him a real insight into what is in the coffers - and what we owe. "The national debt now is over £3 trillion," he said. "We spend over £100bn a year of taxpayers' money just paying interest payments, predominantly to American financial institutions. "You've got to pay the debt interest before you can pay for the nurses and the teachers and the doctors." Image caption, Jones worked with former Chancellor Rachel Reeves After his sacking in July Jones publicly raised doubts about how the new Treasury team would pay for new promises. But since then he has paid visits to Downing Street, talking with the PM and his ministers. As well as giving advice, it has given him an insight into what they may do. "My guess, if I had to bet on it, will be that the government will probably do the banking surcharge," he said. "I think it raises maybe £2bn extra a year. "I think it will be popular in the House of Commons, especially if you're using some of that money to give people help with their energy bills." 'Desperate not to trip' He also spoke about the way the Budget was presented - beginning with the Chancellor and their team facing the media in Downing Street. "When you come out of the door at No 11 on Downing Street and you've got the world's cameras, you are just desperate not to trip off the kerb - don't fall off the kerb," he said. He said the red box "when I was there, was stored in a kind of Tesco carrier bag in one of the offices of the Treasury". Jones said the appearance in front of the press outside 11 Downing Street was then followed by a journey to the House of Commons for the Budget speech. Some announcements were trailed in advance, he said, though others were left for the day. "It's the next few days that are actually the most crucial because you don't want the Budget to fall apart like it did do, for example, with George Osborne and the pasty tax," he said. "So you take a deep breath and hope to get to the end of the week." Jones said he would be watching the Budget from the backbenches. He said that if he were asked he would be happy to advise or even one day return to government. Get in touch Your Voice Contact form Contact form Follow BBC Bristol on Facebook , external , X , external and Instagram , external . Send your story ideas to us on email or via WhatsApp on 0800 313 4630 . Related topics Bristol Darren Jones HM Treasury Rachel Reeves John Healey More on this story What is the Budget and what could be in it? Published 5 hours ago Chancellor calls for 'confidence about Britain' despite 'historic high' borrowing costs Published 7 September Plan for Northern Olympics to get £7m in Healey's Budget Published 1 day ago UK to invest £100m in 'world first' AI Biosecurity Lab Published 2 days ago

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What it gets right

  • “"My guess, if I had to bet on it, will be that the government will probably do the banking surcharge," he said.”

    The BBC presents the bank tax prediction as Jones's hedged guess in his own words. It does not state it as a coming policy.

  • “"The national debt now is over £3 trillion," he said.”

    The debt figures are quoted and attributed to Jones. They are not stated in the outlet's own voice.

  • “After his sacking in July Jones publicly raised doubts about how the new Treasury team would pay for new promises.”

    The article says plainly that Jones was sacked and has criticised the new team, so a reader can weigh his view knowing where he stands.

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