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Labour鈥檚 shadow chancellor Rachel Reeves reacts, after the government announces tax rises and a spending squeeze, as well as money for schools and the NHS.

She鈥檚 also quizzed on what her party would do differently.

Following her, host of Radio 4鈥檚 Money Box Live Adam Shaw, with maths teacher and podcast host Bobby Seagull. The two cast their expert eyes over the chancellor鈥檚 workings out.

This episode of Newscast is presented by Adam Fleming and the 大象传媒鈥檚 political editor Chris Mason. It was made by Chris Flynn and Danny Wittenberg. The editor is Jonathan Aspinwall.