Everything you need to know – POLITICO

Sky News’ deputy political editor Sam Coates and Politico’s Jack Blanchard share their daily guide to the day ahead in politics in under 20 minutes.

Today, Chancellor Rachel Reeves delivers the first Labour budget in 15 years. She’s looking to close a £40bn funding gap – with more details on how tax rises will help that.

With the government insisting there are “no rabbits in the hat”, Jack and Sam say to watch her investment announcements as well as how markets react.

And how the row about a cap on bus fares tells you all about the challenges facing Labour in their early months and years in power.

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