Is Rachel Reeves Facing a Budget ‘Groundhog Day’?

<p>Today, the Institute for Fiscal Studies has warned the Chancellor she’s risking being stuck in ‘Groundhog Day’ when it comes to her upcoming Autumn budget.</p><p>Adam is joined by Faisal, who’s been speaking to Chancellor Reeves at the IMF summit in Washington DC, and Helen Miller, director of the Institute for Fiscal Studies, who have published their Green Budget document today. They discuss why Rachel Reeves should fear being stuck in an economic doomloop, the taxes that could rise in November’s budget, and what the chancellor has said to Faisal about ‘targeted action’ on inflation and the cost of living. </p><p>And, BBC Security Correspondent Frank Gardener has been at a lock-in listening to the MI5 boss Sir Ken McCallum giving his annual speech on threats to the UK. Adam and Frank discuss what Sir Ken said about the UK’s relationship with China, following this week’s collapsed China spy case. </p><p>You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. </p><p>You can join our Newscast online community here: https://bbc.in/newscastdiscord</p><p>Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.</p><p>New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd

Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Miranda Slade with Shiler Mahmoudi and Sophie Millward. The social producer was Beth Pritchard. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.</p>