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The Chancellor's first budget last week was not conceived in haste.

Rachel Reeves waited nearly four months to deliver it,

and naturally there was a flurry of instant responses to individual tax measures.

But what about the big picture?

Well, more than a week has passed and the dust is settling,

and we thought it was time to return to a panel of experts who we spoke to in September.

Is this really a once-in-a-generation budget?

What will it mean for government's finances and services?

Well, it bring much-needed growth, and what might the re-election of Donald Trump mean for the British economy? Step inside

the briefing room and together we'll find out.

With me, reunited, I have Paul Johnson, director of the Institute for Fiscal Studies,

Maryne Kahn, economics editor of the Times, and Chris Giles, economics commentator at the Financial Times.

Now, the last time we four met on the programme, we were talking about the state of the economy,

the medium and long-term problems, and what the Chancellor might do in her first budget to address them. So we

had the budget and we've had the instant analyses and complaints. But what I want to

ask you first is, Mary and Kant, was it a big change budget? It was. And I think so much of

what we're going to talk about today, we didn't

mention it in our show in September. So that's a bit of a health warning about how bad we are

with predictions. But I think it surprised everyone. Even though, as you said, it took four months

or 117 days to prepare this budget, I was surprised. Everyone was surprised by the level of borrowing,

the level of taxation and the level of spending. Rachel Reeves did manage to do more.

...