watson, bbc news, westminster. joining me now is our political correspondent, nick eardley.n, just give me a sense of the reaction amongst the mp5 you�*ve been talking to. reaction amongst the mp5 you've been talkin: to. . , reaction amongst the mps you've been talkin: to. . ., talking to. there was always an assumption _ talking to. there was always an assumption today _ talking to. there was always an assumption today was - talking to. there was always an assumption today was going . talking to. there was always an assumption today was going to | talking to. there was always an - assumption today was going to be a big deal. labour mps wanted it to be a big deal, wanted to be something they could go and use and see to their constituents. when we talk to about change, we meant it. to an extent they didn�*t get something that was really big, a big change. we were there £40 billion of tax rises. extra borrowing, a big deal. so all of this really matters and it is labour setting up. we have the big political debate which is playing out at the moment and then we have the small p

i'm nick dixon and i'm joined tonight by feminist icon cressida watson. >> how dare you. >> how dare >> and every feminist nightmare. it's louis schaefer. >> i thought i was going to be the feminist icon for a second. >> it could have been you. >> it could have been you. >> it could have been you. >> i don't think she's a feminist icon. no. >> they're both ironic, actually. hers was ironic. yours was accurate. oh, yeah. >> i am an i'm a i'm a nightmare to most people. some people take it personally. >> have you colour coordinated with louis thai tonight? i'm worried about that. no no no no no not quite. >> little accents of gold there. >> little accents of gold there. >> this is a beautiful tie. this comes from italy. i pay between £1 and £2 for all of my ties to italy, via which charity shop? i don't remember. i think i remember which one you do. >> too many visual jokes, though, because this does go out on the radio as well, so let's all remember that. but i do like your tie for radio listeners. he's wearing a nice tie. let's have a quick look at the front pages. so the sunday tele

of measures to chew over in the next few hours, but let's start in this hour in this report by nick watsonready booked its place in history, the first to be delivered by a female chancellor of the exchequer, but likely to be remembered for other reasons as well. labour promised change during the last election. the contents of rachel reeves's red box has now defined what that looks like and has now provided a clear sense of the government's direction. i call]! now provided a clear sense of the government's direction.— government's direction. i call the chancellor _ government's direction. i call the chancellor of _ government's direction. i call the chancellor of the _ government's direction. i call the chancellor of the exchequer. - chancellor of the exchequer. cheering she began her speech by trying to counter claims that the government was being too gloomy. my counter claims that the government was being too gloomy.— was being too gloomy. my belief in britain burns _ was being too gloomy. my belief in britain burns brighter— was being too gloomy. my belief in britain burns brighter than