Rachel Reeves' first statement as the new Chancellor has kicked off a huge political row. She accused her predecessor Jeremy Hunt of lying about the 'true state' of the UK's finances - and he hit back calling her ‘shameless’. So was there actually a ‘cover up’ by the previous government? And the big question: Does this mean higher taxes?This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestoryGuest: Mehreen Khan, Economics Editor, The Times.Host: Luke Jones.Producer: Olivia Case.Clips: Parliament TV, Sky News, Times Radio.Further listening: Labour: Meet Starmer's top advisors Further reading: 'Is Rachel Reeves right to rule out China tariffs?' by Mehreen KhanGet in touch: [email protected] Find out more about our bonus series for Times subscribers: 'Inside the newsroom' 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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