Finally, a Labour budget - but is it too little, too late?

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Lifting children out of poverty, introducing a 'mansion tax' and giving local mayors their own tax-raising powers. These are the kind of policies you might expect from a Labour government - but they were missing when Rachel Reeves revealed her first budget last year.

In fact, they weren't even on the cards when Labour came to power last July. And in some cases, they were explicitly ruled out.

Labour went into the general election promising to tackle child poverty but refusing to commit to lifting the two-child benefit cap introduced by the Conservatives. Weeks after the election, they even suspended their own MPs who voted to end the 'cruel' policy.

Changes to council tax were beyond the 'bandwidth' of the party before the election, one shadow minister said last summer. And