The chancellor unveiled a £55bn plan for fiscal tightening this week, with the biggest drop in living standards for 70 years. We unpack all of the fiscal forecasts, tax rises, spending cuts and how Rishi Sunak can navigate the tricky politics. Plus, we also examine whether Hunt has shot Labour’s fox and what alternatives the party might put forward. Presented by Sebastian Payne, with George Parker, Chris Giles, Jim Pickard and special guest Carys Roberts of the IPPR think-tank. Produced by Anna Dedhar and Howie Shannon. The sound engineers were Breen Turner and Jan Sigsworth.Read the latest on https://www.ft.com/world/ukFollow @SebastianEPayne Subscribe to https://www.ft.com/newslettersAudio: BBCRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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