Why has Truss u-turned?
13 min listen
The Prime Minister has abandoned her plan to scrap the top 45 per cent rate of income tax. Why? Katy Balls speaks to Fraser Nelson and James Forsyth. Produced by Max Jeffery.
Katy Balls
Katy Balls is The Spectator’s former political editor.
Monday
Why Truss U-turned on the 45p tax cut
Twenty four hours is a long time in politics. Just yesterday, Liz Truss appeared on the BBC for her official set piece Tory conference interview to declare that she stood by all the measures in her Chancellor’s not-so-mini Budget – including, she said, her controversial plan to cut the top 45p rate of tax for
Sunday
‘I don’t think they can win’: Tories mull electoral doom
Conservative party conference in Birmingham has got off to a strange start. MPs and activists aren’t in open revolt but few have much that is positive to say about the situation the Tory government finds itself in. As one long-time activist put it to me on arrival: ‘I have been voting for the Conservatives for
Did Gove just torpedo Truss?
14 min listen
Michael Gove this morning said that Liz Truss’s plans to scrap the top 45 per cent tax rate are a ‘display of the wrong values’. It comes as Jake Berry, the Tory party chairman, confirmed that MPs who vote against the budget would lose the Conservative whip. Has Gove just ruined Truss’s conference? James Heale
Gove torpedoes Truss’s conference
Liz Truss’s supporters had hoped this year’s Conservative party conference would mark a moment of triumph for the new leader. Instead it opened with her arch-nemesis lobbing a hand grenade in her direction. Step forward, Michael Gove. Appearing on a panel on Laura Kuenssberg’s show this morning, Gove voiced his concerns with Truss’s economic plan
Liz Truss insists she’s not for turning
Liz Truss goes into her first Conservative party conference with the latest Opinium polling giving Labour a 19-point-lead and her own approval ratings down at -37 – worse than Boris Johnson’s in his final days in office. Yet despite this, the new Prime Minister used her first big sit down interview since the fallout from
Friday
Liz Truss’s mea culpa moment
11 min listen
Despite rejecting the Office for Budget Responsibility’s offer of a forecast to accompany last week’s so-called fiscal event, this morning it appears that the government have u-turned. What can we expect from the OBR’s statement ahead of the November budget? Also on the podcast, after last night’s YouGov poll put Labour ahead by 33 points,
Thursday
Labour surge to 33-point lead over Tories
Today Kwasi Kwarteng attempted to calm concerns in his party over the fallout from the not-so-mini Budget – telling MPs: ‘We are one team and need to remain focused’. That message is likely to face some resistance after the latest polling. Tonight the Times has published a new YouGov poll which gives Labour a 33-point lead. Yes,
Could Truss axe Kwarteng?
23 min listen
Liz Truss broke her silence this morning and embarked on a pre-Tory conference media round of regional stations across the UK. In a brutal set of interviews, the Prime Minister faced questions on tax cutting the rich at the expense of the poor, fracking and bankers’ bonuses. With conference just three days away, what will be
Wednesday
‘We’re so close’: there’s a cautious optimism at Labour conference
When Liz Truss scheduled her mini-Budget for the Friday before Labour conference, there was concern in Keir Starmer’s office. After months of meticulous planning, Starmer’s team feared the new Tory government would use their event to upstage his and distract from the party’s annual gathering in Liverpool. They were right to think that Kwasi Kwarteng’s
Tory nerves are growing over Truss’s tax cuts
Tory nerves are growing over Liz Truss’s economic plans. As the fallout from Chancellor Kwasi Kwarteng’s not-so-mini-budget continues to dominate the news, the Prime Minister has doubled down. In a pool clip this afternoon, Treasury minister Andrew Griffith has rejected calls for the government to row back on Friday’s fiscal event – insisting Truss’s plans
Tuesday
Is Starmer ready for No.10?
10 min listen
Keir Stamer took centre stage for his speech at the Labour party conference today. Unlike last year, there were several standing ovations and loud cheers from the audience. Was his speech one to remember in Labour’s history? And has he secured his position as the man to lead Labour back into government? James Heale speaks
The message behind Starmer’s Labour conference speech
As market volatility in response to Liz Truss and Kwasi Kwarteng’s Budget on Friday continues to dominate the news, Keir Starmer will try to use his conference leader’s speech to pitch his party as the safe choice on the economy. When Starmer takes to the conference hall stage this afternoon, he will say it is
Monday
Is Labour on the cusp of victory?
13 min listen
It’s day two of Labour Conference and the party appear upbeat and confident of their chances at the next election. But are they being too reactionary in their narrative? What do they have to offer other than not being the Conservative party?From Liverpool, James Heale speaks to Katy Balls and Isabel Hardman.Produced by Oscar Edmondson.
How worrying is the falling pound?
19 min listen
Following Chancellor, Kwasi Kwarteng’s ‘mini’ budget, the pound has fallen to a record low against the dollar, fueling speculation that the Bank of England will hike interest rates. How worrying are these figures? ‘I think the pound falling is a bit of a distraction from the real problem’ – James Forsyth Katy Balls speaks to Kate
Sunday
Andy Burnham: ‘Where is the fight?’
Keir Starmer is having a pretty good Labour conference so far. His decision to kick off the annual meet with a rendition of ‘God Save the King’ went off without hitch. There are few tricky motions or crunch votes heading to the conference floor. A new ComRes poll says the party is on course to
Starmer sets himself apart from Truss
One of the reasons members of Liz Truss’s team remain upbeat despite the onslaught of criticism towards government’s tax-cutting budget is that they think it pushes Labour into uncomfortable territory. Will Keir Starmer respond to a Tory programme of mass tax cuts with tax rises? This morning, he offered a partial answer. Starmer repeatedly accused
Friday
Kwarteng’s audacious budget
17 min listen
Kwasi Kwarteng has today announced what has been dubbed as his mini-Budget, but looking at the scale of the package it is far from small. The Coffee House Shots team take us through what has been revealed. Who are the winners and who are the losers? Katy Balls speaks to Fraser Nelson, James Forsyth and
The Louise Perry Edition
30 min listen
Louise Perry is a journalist, campaigner and author of The Case Against the Sexual Revolution. It offers a new guide to sex in the 21st century – rather than herald sex positivity as a good thing for women, she argues it has had negative consequences. Her work has been published in multiple news outlets including
Thursday
NI rise scrapped: how much further will Kwasi go?
16 min listen
With hours to go till the Chancellor’s fiscal statement, we’ve heard today that the National Insurance hike will be scrapped, as promised during Liz Truss’s leadership campaign. This comes as the Bank of England increases the base rate to 2.25 per cent. How much further will Kwasi Kwarteng go, and just how willing is the
