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Hello and welcome to the edition from The Spectator.

I'm Laura Prendergars, the Spectator's executive editor,

and the latest edition of the magazine has just gone off stone.

To discuss what's in it, I'm joined by my co-host and our features editor, William Moore,

our economics editor, Michael Simmons, and our features editor, William Moore, our economics editor Michael Simmons,

and our associate editor, Owen Matthews.

This week's cover has the headline, Toxic Waste, and in it, both our political editor,

Tim Shipman and Michael, look at what might be in the budget.

And Tim even suggests that it's time to scrap the whole thing entirely.

Michael, I wondered what you thought of Tim's suggestion.

Well, before the sort of run up to this budget that we're going to have next week,

I would have thought it was a pretty off-the-wall suggestion.

You can't imagine the sort of political giant chancellors we've had of the past, like George Osborne or Gordon Brown,

ever even considering ceding away the power that a budget moment gives them. But this budget coming

up has been handled so badly that I'm now, I think,

quite in favour of Tim's argument. You did spit the word budget out there, like it was

like it was the word concreuth or something. This budget. I have totally had enough of it. And

it's because the chancellor decided to give herself this 12-week window in which she helped that

the markets would improve and it would make things a bit easier for her. But rather than just

...