Rachel Reeves’ first budget has caused quite the stir. But what aspects were really surprising – and important? What was risky? And what issues didn’t it address? Ros Taylor discusses all this and more with Giles Wilkes, senior fellow at the Institute for Government. 

• “It was very much an old Labour budget.”

• “It was the first honest attempt at saying, ‘If you want this, it’s got to be paid for,’ since Gordon Brown.”

• “They missed any opportunity to make the tax system less bonkers.”

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Written and presented by Ros Taylor. Audio production by Simon Williams. Managing Editor: Jacob Jarvis. Group Editor: Andrew Harrison. Art by James Parrett. Music by Kenny Dickinson. THE BUNKER is a Podmasters Production 

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