Rachel Reeves has just delivered her Labour conference speech as the UK’s first female chancellor, defending the “hard but fair” choices that Labour will have to make. She called Labour the party of “economic responsibility”, but there remains much discontent over winter fuel allowance cuts to pensioners, and then there’s a donation scandal that’s dressed much of the conversation at this year’s conference. 

With a speech focused on business, there was one line that came up again and again: “that’s the Britain we’re building”. But how do you deliver change and growth if the railways aren’t working? And public services aren’t working? Where will the £16bn come from if taxes aren’t being raised? 

To talk about all of this on day 2 of the Labour Party conference in Liverpool with Krishnan Guru-Murthy is Channel 4 News’ Political Editor, Gary Gibbon, and Economics Correspondent for Channel 4 News, Helia Ebrahimi. 

Produced by Calum Fraser, Silvia Maresca, Shaheen Sattar, and Rob Thomson