Intro

Rachel Reeves’ first budget might well be one of the most consequential in years – and is the biggest tax-rising budget in over 30 decades. Spending is up too. As is borrowing. So what does this all mean for the economy, for the government, and for people’s pockets?

The IfG expert team gathered just a few hours after the chancellor’s statement to MPs to crunch the numbers and explain what the chancellor is trying to do. What decisions has Reeves taken on new fiscal rules, tax measures and public services? What does this budget mean for the government’s growth mission? Does Reeves have a credible plan for fixing the public spending “black hole”? And what does this budget reveal about this government’s priorities?

Jill Rutter presents. With Giles Wilkes, Tom Pope and Stuart Hoddinott.

Produced by Podmasters

Learn more about your ad choices. Visit podcastchoices.com/adchoices