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Hello and welcome to Special Saturday edition of Coffee House Shots.

I'm Katie Bulls and I'm joined by Fraser Nelson and James O'Sive.

So this is the week that Richie's Unack unveiled his spring statement,

and it could also be the week that Richie's Unack's hopes of entering number 10

disappeared depending on who you speak to. One of Gordon Brown's jokes was that there

were two types of chances that those who fail and those who get out in time. Fraser, as Richie's

Unack comes under attack from all sides really, criticism on the left, criticism on the right in

terms of that spring statement. How much trouble is he in? Well, I think we've reached the

inflection point in the great sort of sign curve of Richie's next fortunes. I mean, he was getting

such good press when he became chancellor that it was never going to last. Here was the guy who

was dropped into his first budget with just a few weeks of spare. He did it brilliantly and dropped

straight into a pandemic where he handled it well emotionally and politically as well as

financially. He introduced the furlough scheme which was a huge success, a scheme which will probably

define him for a good or ill with the rest of his time as a politician. But of course, it's so easy,

as you knew at the time, it's so easy to get adulation when you're dishing out money. It's a lot

harder to try to keep popular when you're trying to take it back. Now, this was the corner that we

turned this week. I think for a long time, Richie's Unack has been carrying out, basically, Boris

Johnson's spend-thrift orders. Boris would spend his way through every single problem.

Now, also take lockdown. Yes, exceptional circumstances. But Britain had one of the most

...