Rachel Reeves has ruled out raising taxes in next week’s Spring Statement. The Chancellor has repeatedly said she will not budge from her fiscal rules, which rule out borrowing to fund day-to-day spending.

In an interview with the BBC's Laura Kuenssberg, the chancellor opened up on the public finances and how she's finding the job.

Rachel Reeves has wiped out the £9.9bn headroom she left herself in last year’s Budget - Kirsty O'Connor/Treasury. Rachel Reeves unveiled a record breaking £40bn of tax rises