Budget Hot Take: Rachel Reeves’ Tax Raid

Has Rachel Reeves done enough to get away with announcing £40 billion of new taxes?

In a special YouTube LIVE episode, Ed Balls and George Osborne give their immediate reaction to the Chancellor's first budget. Was it “big and bold and historic” or a “cross your fingers and hope for the best" moment?

Who wins and loses from the budget? And how big a gamble is it for Labour's fortunes?

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