In today’s newsletter: They spent weeks bracing the country for ‘tough decisions’, but in Labour’s first budget in 14 years, the chancellor adopted a slightly more optimistic tone• Sign up here for our daily newsletter, First EditionGood morning. It was Labour’s first budget in 14 years; it was the first budget ever to be delivered by a female chancellor; and, as a share of GDP, it takes taxes to their highest level since comparable records began. As heavily trailed as Rachel Reeves’s appearance at the dispatch box yesterday was, it was still a monumental political moment, and one that is