The budget is one week away — and speculation inside government is spiralling. In this episode, we break down:

🔹 Rachel Reeves’ abandoned income tax rise

🔹 Treasury leaks and “smorgasbord” tax increases

🔹 Market reaction & OBR forecast surprises

🔹 Why local authorities may lose planning powers

🔹 The real factions organising inside Labour

🔹 Whether Keir Starmer can survive as leader

🔹 Steve Reed’s radical changes to housing and planning

🔹 The 1.5 million homes target — and whether government can hit it

We also unpack who holds real power inside the Labour Party today: the old right, the Blairite modernisers, the soft left, and the socialist campaign group — and what these groups mean for the next Labour leadership contest.

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