# Will Trump rip up Reeves’s rebalanced books?

An episode of [Inside Briefing with the Institute for Government](https://invisiblenetwork.ai/podcast/1484110214), 28 Mar 2025, 49 min.

Audio: https://traffic.megaphone.fm/NSR6774003860.mp3?updated=1743155005

Spring has nearly sprung, but the fiscal forecasts made for a rather gloomy spring statement for Rachel Reeves. Stewart Wood, a Labour peer and former adviser to Gordon Brown, joins the podcast team to assess the state of the economy - and Reeves’s attempts to turn it around. How much will welfare cuts upset Labour backbenchers? What could Donald Trump's tariffs mean for Reeves's plans? And just how difficult are the choices awaiting the chancellor as the spending review approaches? Plus: New IfG research focuses on left behind groups - and sets out some of the tensions in how the government is approaching one of its missions and milestones. Presented by Alex Thomas. With Jill Rutter, Gemma Tetlow and Sophie Metcalfe. Produced by Candice McKenzie. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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