This is The Guardian.

Did you lie?

And I have to say the answer I was looking for was no.

And I didn't hear the word no.

But you also asked about welfare in that question.

No, I just asked you, did you lie?

Of course I didn't.

She's made a mess of the economy. She has told lies. This is a woman who, in my view, should be resigning. I did not leave the Labour Party. People in the conference venue did not leave the Labour Party to recreate a Labour Party 2.0. Categorically on the record, you did not racially abuse fellow people. I would never, ever do it in a hurtful or insulting way. It's not quite the same as not doing it. I'm Pippa Carrera. And I'm Kieran Stacey. You're listening to Politics Weekly UK for The Guardian. Hello. Hello. Kieran, we're just speaking just now after the Prime Minister Kirstarmer has just delivered quite a rare speech, actually.

I can't think of the last time we heard him giving a speech and doing a Q&A in London to defend his budget.

But it's worth just saying, Kieran, before we get into the detail, that there's a bit of context around this.

And two things I just flag are that over the weekend, Rachel Reeves, has come under a lot of criticism over claims that she misled Cabinet, MPs and the public by claiming that there was a hole in the public finances in order to then justify tax rises at the budget.

And the other thing that we need to bear in mind is that the Office for Budget Responsibility, which produces these fiscal forecasts for the government and which many governments seem to be

beholden to as a result, you'll remember last week, of course, that their report which is published

at the same time as the budget was leaked in advance, basically publishing the whole budget in advance,

and that there was an investigation into that, the results of which

we're expecting back on Monday afternoon. So those are kind of like the two moving parts to all

of this. But it's all quite complicated, isn't it? Because you have to go back to what the OBR said

at particular points and what we were then told as journalists, as the media, and indeed the

politicians, by the Treasury

at those corresponding moments. Yeah. Okay. Well, you know what? It's probably worth doing a little

bit of a timeline on exactly that. It is complicated, but I think it's important. So let's go back

to before the budget. We're talking now weeks and months before the budget. We knew that the OBR was going

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