Today, we look at the government’s budget plans, after the chancellor said there is likely to be less scope for tax cuts in the March Budget than there was last autumn.

The Chief Secretary to the Treasury Laura Trott is in the studio to discuss.

Also joining James and Chris are former Conservative cabinet minister David Gauke, and Shevaun Haviland, director general of the British Chambers of Commerce.

Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by James Cook and Chris Mason. It was made by Chris Flynn with Gemma Roper. The assistant editor was Chris Gray. The senior news editor was Jonathan Aspinwall.