In his Spring Budget, the Chancellor announced a 2% cut to National Insurance, amidst other measures on tax and spending.

What will the impact of the measures be? How will it affect living standards? And what choices face the next Parliament?

Joining us today are Helen Miller, Deputy Director at IFS and Ben Zaranko, Senior Research Economist at IFS.

Find out more: https://ifs.org.uk/articles/spring-bu...

00:00 - 00:55: Intro
00:56 - 2:34: Overview of the budget
2:35 - 5:12: The Budget process
5:13 - 6:55: The Fiscal Rule
6:56 - 13:19: Tax changes
13:20 - 14:40: Defence Spending
14:41 - 18:48: NHS spending
18:49 - 23:18: Investment spending
23:19 - 25:02: Debt interest
25:03 - 29:45: Non-doms
29:46 - 33:27: Child benefit
33:28 - 36:26: Joint assessment
36:27 - 39:35: Things that won’t happen
39:36 - 44:00: Challenges facing next Parliament
44:01 - 44:23: Conclusion