Rachel Reeves’ first budget is a significant moment for the Labour Party and the nation’s fiscal landscape.

The budget discussion includes insights from historian Robert Saunders, who highlights the lengthy budget speeches of 19th-century Chancellor William Gladstone, which still influence modern chancellors.

Winston Churchill's decision to rejoin the gold standard in 1925 overshadowed his time as chancellor.

Veteran journalist Andrew Marr reflects on the postwar budgets of Labour Chancellor Stafford Cripps and the influential 1980s budgets of Conservative figures Geoffrey Howe and Nigel Lawson, which continue to resonate with Tory MPs today.

The New Labour era is revisited with contributions from Ed Balls, alongside the infamous "omnishambles" budget of 2012 led by George Osborne.

The outgoing head of the Institute for Fiscal Studies, Paul Johnson, emphasizes the organization's integral role in budget day traditions and the efforts of economists who work overnight to provide timely insights into the Chancellor's plans.