It's been a bruising first week back for the government, full of resignations, reshuffles, and ructions in markets.
All of this will have an impact on what ends up in the chancellor's famous red box outside No 11 in 11 weeks' time.
The first thing to note is that it will be Rachel Reeves holding that briefcase for the second time on 26 November.
Whatever occurred with the deputy prime minister, the security of Reeves' position was apparent in her conversation with me in Birmingham to announce the date of the Budget.
In Downing Street, the message received from the market reaction to the chancellor's summer tears in the Commons was that the cost of borrowing went up when it was thought she was leaving office.








