Podcast - Rachel Reeves’ first budget

Description

Deputy Director João Sousa joins FAI economist Hannah Randolph to discuss our expectations for the budget statement on Wednesday as well as what we can learn from past chancellors’ first budgets and the role of the OBR in the budget process.

To read more about past chancellors’ first budgets, check out our latest publication, or read a summary on our blog.

(0:20) What do other chancellors’ first budgets tell us about what to expect in Rachel Reeves’ first budget statement?

(6:00) What historical budgets happened in similar conditions to the present and what can we learn from them?

(10:24) How has the role of the OBR in the budget process changed over time?

(17:20) What do we expect in the budget statement on Wednesday?