The Fourcast breaks down a huge day for the UK economy and British politics, as Rachel Reeves delivers her Spring Statement with cuts to welfare and a new forecast from the OBR slashing the UK’s prospect for growth.

 Krishnan Guru-Murthy was joined by our Economics Correspondent Helia Ebrahimi and our Senior Political Correspondent Paul McNamara to explain what this means for you and explore the political fallout.

Produced by Girish Juneja, Rob Thomson, Ka Yee Mak, Calum Fraser