Labour's first Budget since the party returned to power in July has been delivered by Chancellor Rachel Reeves. In an effort to rebuild public services and stabilise public finances, she proposed tax increases worth £40 billion.

The Chancellor announced his Autumn Statement yesterday.

Indeed, the Chancellor set out his priorities as Stability, Growth and Public Services. What this means is that we are back in Austerity 2.0 mode. Oh, and inflation is still going to be running at 10% across 2023.