This week, Ollie Cole, Jo Kiernan and Craig Lawton break down one of the biggest political weeks of the year, including Rachel Reeves’ long-trailed Westminster Budget and what it really means for Wales.

We analyse:

Why the Budget felt like “Groundhog Day”

The lifting of the two-child benefit cap and how it could lift 26,000 Welsh children out of poverty

The hidden impact of tax threshold freezes and the “biggest stealth tax rise ever”

Why Wales only gets limited wiggle room despite new Barnett funding and borrowing powers

Labour’s messaging ahead of the 2026 Senedd election

The Senedd vote rejecting the Budget and what it signals for the Welsh Government’s shaky six-month future

PLUS — Senedd Sources exclusive:

➡️ Plaid Cymru HAVE now entered budget talks, despite public coyness. We explain what they want, what they might trade, and the political dangers if the Budget falls.

And in the second half of the episode:

The sentencing of Nathan Gill

The extraordinary details revealed in court

What this means for Nigel Farage, Reform UK and the wider Welsh political landscape

We also head into "Leaflet Corner" as election leaflets begin landing across Wales — analysing the early campaign strategies of Welsh Labour, the Conservatives, Plaid Cymru and Reform.

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