00:00No, of course not. The Chancellor was very clear that we needed to make sure that we're hitting our fiscal rules.
00:05That means that we're paying for day-to-day services with tax and not borrowing,
00:09and that we needed to put more money aside for a rainy day, what we call the headroom,
00:13which you normally have over £10 billion of unallocated money over the course of a parliament for unexpected events,
00:20and we've taken that to £20 billion.
00:22And when you add those things up, alongside measures that we decided to take,
00:26for example, cutting energy bills, of course we needed to find a way to pay for those decisions,
00:31which is what the Chancellor did at the Budget.
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