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Hello, welcome to Coffhous Shorts.

I'm Lucy Dunn at the diary report at theator and I'm joined by Katie Balls and James

Seal. Today we're going to be discussing the fallout from Yes Day's budget. Katie, first

of all, I'll turn to you. What is the general reaction to the UK budget and what's a fallout that we've seen so far?

I think it's pretty mixed but it's also quite muted in the sense that I don't think there's much excitement,

nor is that much anger really on all sides.

I mean, they've got some, I think, if you look at the front pages, for example,

just to get a sense of where the papers are leaning,

it's all fairly predictable, the Guardian suggesting it's desperate,

effectively the telegraph focusing on something I don't think Jeremy Hunt quite delivered in the chamber,

which was this suggestion that having taken 4 p in total of national insurance if you combine

the budget with the autumn statement he would eventually like to get rid of national insurance

entirely it was more a point that he hinted at but

came clear after the address and the telegraph has led with that as you know

potentially a future and now you have a situation where labor is doing I would say

snazzy but I don't think it's a lot snazzy and a graphic merging Ritchie

student X face or Liz Truss's face to suggest that you know this is 40-something billion of unfunded tax cuts.

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