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Transcripts For BBCNEWS BBC 20240704

Before the next general election. So there is a lot riding on this and after the chancellor delivers his statement, we will hear from the labour party, they will deliver a response in the House Of Commons to that budget as well. Joining me now is our political correspondence who is our political correspondence who is at Downing Street as well. We saw the chancellor depart from number 11 in the last 20 minutes or so, that budget firmly inside that red box. I was saying earlier, i did a story years later about those red boxes and how they are made, a secretive process, and they are very heavy, about three kilograms, so it takes a muscle to hold that up we knew some of what is in the box, we knew about the 2p reduction in National Insurance but what other rumours swirling around westminster . It is interestin swirling around westminster . It 3 interesting you mention swirling around westminster . It 1 interesting you mention the particle context around this because we think this will be t

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