‘What breathing space?’ Top economist and Labour MP debate the Budget

Moments after John Healey sat down in the Commons, the City AM studio was filling up with guests to chew over what we d just heard. Our columnist Helen Thomas, aka Blonde Money, joined Editor Christian May and Comment Editor Alys Denby to discuss the economic context and political impact, before it fell to Labour s Callum Anderson to explain exactly where the breathing space comes from when growth is slumping, debt is rising and living standards are stagnating. As the Chancellor announced close to 100 new measures and hiked taxes by £7bn, the OBR s accompanying analysis made grim reading with dire forecasts on everything from housebuilding to welfare spending. What is Healey s plan for growth? Will he tackle youth unemployment? How has the City reacted to the Budget? What s the future of North Sea oil and gas? Are we just getting poorer? Watch City AM s Budget Unpacked to find out. Play Video