The Chancellor will be unveiling what’s inside her Red Box on Wednesday the 26th of November.

But before that major announcement in the House of Commons, Rachel Reeves has already attempted to give us, and Mr Market, a sense of what is to come.

In a preview of her actual Budget speech, the top Labour minister has hinted at tax increases.

This would, of course, break her party’s General Election Manifesto.

But don’t worry, folks, there’s plenty to blame for this trust smashing exercise.

The Chancellor has pointed to the tough macro-economic conditions the British economy has faced, her fiscal inheritance from the Conservative Party and the weather.

Well, not quite the latter, but she might as well have.

All in all, it’s looking like more doom and gloom from the Treasury.

What better time then to talk to Joe Mayes, who is tasked by Bloomberg News to cover Rachel Reeves on a daily basis.

Joe has a new book out Can You Run The Economy? An interactive guide on how to fix the UK’s economic plumbing, which draws on deep research and interviews from a string of former Chancellors.

Joe talks about his career in journalism, his relationship with the Chancellor and he even gives some Budget predictions – the freezing of income tax thresholds sounds awfully prescient.

Edited, produced and presented by Ian Silvera.

Inside the Mind of Rachel Reeves (w/ Bloomberg's Joe Mayes)

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