What's happened
Labour's shadow chancellor warns of a challenging economic situation for the next government, as the current chancellor faces pressure to deliver tax cuts in the upcoming budget.
Why it matters
The warnings from Labour's shadow chancellor highlight the potential economic challenges facing the next government, while the pressure on the current chancellor to deliver tax cuts underscores the significance of the upcoming budget.
What the papers say
The Times reports on tensions between the prime minister and the chancellor over plans to cut income tax, while The Independent and The Telegraph also cover Labour's warnings about the economic situation. The Mirror provides additional details on the potential challenges facing a future Labour government, and The Guardian discusses the need for a national mission to kickstart the economy.
How we got here
The upcoming budget has sparked discussions about potential tax cuts and the economic situation that the next government will inherit.
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