The lack of any major announcements in this year’s Budget, delivered yesterday by the chancellor, Philip Hammond, reflects the insoluble web of contradictions that now entangle the Tory government. Adam Booth analyses the chancellor’s latest Budget statement and the impossible position facing May, Hammond, and the Tories as they seek to defend the broken capitalist system.

In the final video from our Capital in a Day series, commemorating the 150th anniversary of Karl Marx’s Das Kapital, Ben Curry looks at the question of accumulation and inequality within capitalism.

Whilst the representatives of the rich – the modern “robber barons” – brag and boast of a “second Gilded Age”, the rest of us are consigned to worse prospects than previous generations. Steve Jones reports on the latest eye-watering inequality statistics, which show that things are clearly not getting better for the 99%.