The Chancellor Rachel Reeves has raised taxes by £40 billion in the first Labour budget in fourteen years. Does it ‘fix the foundations’ or does it punish ‘working people’?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: David Smith, Economics Editor, The Sunday Times. Host: Manveen Rana. Clips: Parliament live. Photo: Times Photographer Richard Pohle. Get in touch: [email protected] Hosted on Acast. See acast.com/privacy for more information.