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Hello and welcome to a Saturday edition of Coffee House Shots.

I'm Kate Andrews and I'm joined by James Forsyth and Katie Balls.

It's been a very busy political week in Westminster with what was supposed to be a fiscal event with targeted measures for energy bills,

which turned into a mini budget, which really turned into a mega budget,

announced by new chancellor quasi-quarting.

Yesterday, this included 45 billion pounds worth of tax cuts, 70 billion pounds of new borrowing,

and a host of measures which we discussed on yesterday's podcast and you can listen there.

But we are not done with politics. We now move the politics out of Westminster to Liverpool,

where Labour will be starting its party conference tomorrow.

James, the Labour Party is going to have a lot to work with in terms of what was laid out yesterday in the mini budget,

especially when it comes to scrapping that 45 p-tax rate.

Do you think they're going to make a lot of it?

I think they will make a lot of this combination of uncapping bankers bonuses and abolishing the 45 p-rate of income tax.

I think one of the striking things about British politics moment,

that you saw were actually the first PMQs between this trust and care stormers.

On some of these big ideological arguments, they're quite happy to have them.

They both think they win, so care storm wants to attack this trust for not imposing enough of winful tax.

Liz Trust wants to argue that a Labour leader just wants to tax more.

So I think you will see them go at it on tax.

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