Dear reader, the M25 celebrates its 40th birthday today. The repair-infested โ€œRoad to Hellโ€ is one of the UKโ€™s most maligned creations of the 70s. A bit like Labour Budgets, I hear you say.

John Healeyโ€™s debut as Chancellor was no different โ€“ he kept to the Left, went round and round in circles and nothing got fixed.

His hour-long snoozefest bored the pants off everyone and failed to address the multitude of issues facing Britain.

Kemi Badenoch bellowed โ€œIs that it?โ€ and she was right. Nothing on slashing the welfare bill and faint vows on defence spending that will have Vladimir Putin popping Vodka corks.

Healey, with the air of an undertaker, promised to give everyone some โ€œbreathing spaceโ€.

I wasnโ€™t sure if he was talking about those having to endure his 56-minute fiscal drag in a clammy Commons or to the country.

He read out numbers about the โ€œresilientโ€ economy before reading out more numbers about how weโ€™ll all be screwed by 2030.

Nancy Pelosi, the ex-speaker of the US House of Representatives, who was sitting next to me, left after 15 minutes.

Iโ€™m sure sheโ€™s listened to plenty of garbage in her time but surely nothing quite as dull. Maybe it was nerves but the Chancellorโ€™s delivery was all over the place, making a slip about Energy Secretary Miatta Fahnbulleh โ€œopposingโ€ the governmentโ€™s plans for North Sea drilling and appearing to refer to Aldershot as Alders**t.

It was left to Mrs Badenoch to eviscerate the Budget as โ€œnot good enough, not strong enough, not bold enoughโ€.

Earlier, at PMQs, she had ridiculed Andy Burnham over his Brexit flip-flopping, with the PM refusing to rule out a referendum.

All this prompted a bookmaker to shorten the odds of a general election in spring.

That was until the King of the North later said there wouldnโ€™t be one in the next 12 months.

Some breathing space at last!