Jeremy Hunt presented his first Budget on Wednesday (15 March) as forecasts said that Britain faces a record fall in living standards over the next two years.Anoosh Chakelian is joined by the New Statesman’s political editor, Andrew Marr, and business editor, Will Dunn, to take us through the key measures. They discuss the huge stealth tax rises the Chancellor snuck into his “boring” Budget and, with half a million workers on strike as he delivered it, the missed opportunities to rescue public services.Then, the New Statesman’s deputy political editor Rachel Wearmouth joins the podcast to discuss Labour’s response: has its emphasis on childcare been overshadowed by the Tories, and are the two main parties moving closer together on policy?If you have a question for You Ask Us, go to newstatesman.com/youaskusSubscribers can get an ad free version of the NS Podcast on the New Statesman appPodcast listeners can subscribe to the New Statesman for just £1 a week for 12 weeks using our special offer. Just visit newstatesman.com/podcastoffer.  Hosted on Acast. See acast.com/privacy for more information.