What does the Budget mean for the UK’s economy?

Chancellor Rachel Reeves has delivered the first Labour Budget in 14 years. Naturally there was a flurry of instant responses to individual tax measures, but what about the big picture? Well, more than a week has passed, and the dust is settling. We thought it was time to return to a panel of experts who we spoke to in September. Is this really a once in a generation budget? What will it mean for the government’s finances and services? Will it bring much needed growth? And what might the re-election of Donald Trump mean for the British economy? Guests:Paul Johnson, Director of the Institute for Fiscal Studies Mehreen Khan, economics editor of The Times Chris Giles, economics commentator at The Financial Times.Presenter: David Aaronovitch Producers: Charlotte McDonald, Diane Richardson and Kirsteen Knight Sound engineer: Rod Farquhar and Neva Missirian Editor: Richard Vadon Production Co-ordinator: Gemma Ashman

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Step inside The Briefing Room for indepth explainers on the biggest news stories. A podcast and radio show hosted by Journalist and Author David Aaronovitch.Listen anytime: www.bbc.co.uk/sounds/brand/b07cblx9. **THE BRIEFING ROOM**Alongside a panel of academics, policy experts and journalists, each week we break down the essentials of the biggest news stories, in the United Kingdom and beyond. From international politics, healthcare, and technology; to the economy, education, and immigration. At the end of 2024 The Briefing Room covered the following topics: - What’s going on in Syria? www.bbc.co.uk/sounds/play/m0025l2l - Will new weight loss drugs bankrupt the NHS? www.bbc.co.uk/sounds/play/m0025vw7 - Is the push for the electric cars in trouble? www.bbc.co.uk/sounds/play/m002693mOur promise to you each week: If you step inside The Briefing Room, you'll be fully briefed on the biggest stories in the news.**SPECIAL EPISODES**As well as our weekly episodes, The Briefing Room has also recorded several mini-series that you can listen to anytime:- Global Tensions: https://www.bbc.co.uk/programmes/p0kh4p9s - Health: https://www.bbc.co.uk/programmes/p0kh4nwt**HOW TO LISTEN**New episodes are published every Thursday and are usually around 30 minutes long. Listen anytime here: www.bbc.co.uk/sounds/brand/b07cblx9. Catch us every Thursday and Monday on BBC Radio 4. Have a look at the latest BBC Radio 4 schedule for timings: www.bbc.co.uk/sounds/schedules/bbc_radio_fourfm. Also, you can now listen to us on a smart speaker. Just say, "Ask BBC Sounds to play The Briefing Room" for the latest episode. It works on most smart speakers.**GET IN TOUCH**We'd also love to hear from you. If you have a question or a comment for the team, please email us anytime at briefingroom@bbc.co.uk.