Labour's Budget Dilemma: Navigating Political Narratives and Market Reactions

The fallout from Labour's Budget continues. On the media round this morning, Darren Jones, Chief Secretary to the Treasury, admitted that it will hit working people, and the cost of government borrowing has only risen since Rachel Reeves delivered her speech to Parliament. Katy Balls, Kate Andrews and James Heale take us through the reaction from various groups, including small business owners, farmers and the markets. Is the Budget unravelling?

Also on the podcast, they look ahead to tomorrow's Tory leadership result; could low turnout make a difference?

Produced by Patrick Gibbons.