This is The Guardian.

The government's so-called mini budget has now happened,

and there was absolutely nothing mini about it.

We've promised a new approach for a new era.

We've promised to release the enormous potential of this country.

Our growth plan has delivered all those promises and more.

The Chancellor quasi-coating set out a vision of deregulated enterprise zones,

the lifting of the cap on bankers bonuses and slash taxes.

I'm not going to cut the additional rate of tax today in this speaker.

I'm going to abolish it altogether.

But as the Bank of England raises interest rates to a 14-year high,

and the UK enters recession,

we'll quietly and list Truss's small-state free market ideas

lead us further into disaster.

I'm John Harris, and you'll listen to politics with the UK for the Guard.

Joining me today are the Guardian's Gabby Hinsliff and Raphael Bear.

Hello to you both.

Hello, hello John.

Right, let's cut to the chase.

Give me your sort of first reaction to what quasi-coating has just announced.

I'm actually angry in a way that I haven't been about politics for quite a while,

because we can get into the detail of it later,

...