How will Labour fill the surprise £20bn ‘black hole’?

Rachel Reeves, the Chancellor grappling with Labour's £20 billion financial deficit, discusses the ramifications of significant policy changes. She addresses cuts to the winter fuel allowance that have alarmed charities, alongside the fallout from past Tory fiscal mismanagement. The conversation dives into the upcoming budget and the potential for unpopular decisions, questioning whether the Starmer honeymoon is coming to an end. Reeves highlights the challenges ahead as she navigates a precarious political landscape while attempting to reshape Labour’s financial narrative.