Kate Andrews is economics editor of The Spectator
19 min listen
Keir Starmer has confirmed that the government is looking at plans to revive Sunak’s smoking ban legislation. They may go even further – reports suggest they will seek to extend the current indoor ban for hospitality venues, to outdoor places such as pub gardens. What’s the rationale behind this, and where could it lead? How
36 min listen
This week: All hail Harris! As the Democratic National Convention approaches its climax, The Spectator’s deputy editor Freddy Gray explores vice president Kamala Harris’s remarkable rise to the top of the democratic ticket in his cover article this week. Freddy joins the podcast from Chicago (1:30). Next: live from the DNC. Freddy and Natasha Feroze, The Spectator’s deputy
Can you tell the difference between an extreme misogynist and a moderate misogynist? Hating women has always seemed, to me anyway, a rather extreme position on its own. The label ‘extreme misogynist’ is surely repetitive. A moderate misogynist is an oxymoron. But then the Home Office announced this week that ‘extreme misogyny’ could be added
11 min listen
The broader story this morning paints a positive picture for the UK economy. While growth in June took a pause, growth in Q2 for this year is estimated to be 0.6 per cent, roughly in line with what markets were predicting, as forecasts for UK growth have been repeatedly revised upwards since the start of
The UK economy flatlined in June, as uncertainty over the general election and industrial action took their toll on economic growth. It wasn’t expected to be a strong month for the economy, with markets forecasting very little GDP growth, if any. But the small dip in services output – a fall of 0.1 per cent,
11 min listen
We’ve got some news today on the inflation rate, which rose to 2.2 per cent in July, slightly up from the Bank of England’s target of 2 per cent, where the rate sat in May and June. It’s the first rate uptick this year – and though widely expected, it will be used to explain
The inflation rate rose to 2.2 per cent in July, slightly up from the Bank of England’s target of 2 per cent, where the rate sat in May and June. It’s the first rate uptick this year – and though widely expected, it will be used to explain why the Bank’s continued hawkish stance, despite starting
Liz Truss continues to do a lot of heavy lifting for the Labour party. The former prime minister’s mini-Budget featured more in the election – as a Labour talking point – than any piece of policy implemented by Rishi Sunak. Chancellor Rachel Reeves is determined to present the next round of spending cuts and tax
Since Kamala Harris moved to the top of the Democratic ticket, it’s been assumed she would use her boss Joe Biden’s tactic for selecting a running mate ahead of the US presidential election: picking someone with completely different credentials and characteristics, to fill in the gaps in the voting base. When Biden was running for
The Chancellor has kicked off her investment tour under rather difficult circumstances. While Rachel Reeves spends the next three days in the United States and Canada trying to drum up investment for Britain, the world of finance remains with eyes glued to the turbulence of the stock market, having to admit to itself that it’s
13 min listen
The Prime Minister has clashed with billionaire owner of ‘X’ Elon Musk over comments that Musk made claiming that – in light of the violent disorder across the country – the UK is heading for civil war. How long will this spat go on? And is this the start of Starmer being tough on the
26 min listen
In the short time since Joe Biden has stepped aside for Kamala Harris’s candidacy, the Democratic party has totally switched on the gears for ‘Kamalamania’. On this episode, Freddy Gray talks to Kate Andrews about the disingenuousness of the hype, how social media drives it (and in particular, TikTok), and whether the enthusiasm for Kamala
12 min listen
Today the Bank of England has cut rates for the first time in four years, bringing more good economic news to the Labour government. On the episode, Cindy Yu talks to Katy Balls and Kate Andrews about how this raises the question – again – of why Rishi Sunak called an election before he could
The Bank of England has just announced a rate cut of 0.25 percentage points, reducing the base rate from 5.25 per cent to 5 per cent. The tight decision – voted 5-4 by the Monetary Policy Committee – is the first reduction in rates since March 2020. It starts what is likely to be a
Rishi Sunak and Jeremy Hunt entered Downing Street with one mission: to clean up the public finances after Liz Truss’s mini-Budget debacle. They posed as the fiscally credible option. All bills would need to be covered, even if the tax burden had to rise. If the Tories were to lose power for being disciplined and
-18 min listen
Rachel Reeves wakes to mixed headlines today after she announced a range of spending cuts to part fill a £22 billion ‘shortfall’ in public spending for this year alone. The most controversial move by Reeves on Monday was her decision to axe the winter fuel benefit for pensioners not eligible for benefits. That saves £1.5
15 min listen
The Chancellor Rachel Reeves has today been providing covering fire for a raft of unpopular policies, including changes to the winter fuel allowance and cancellations to various building projects. She gave a damning statement in the Commons earlier this afternoon about the economic situation that Labour have inherited from the Tories. We now know that
Rachel Reeves has just announced a series of spending cuts in the House of Commons. These were ‘incredibly tough choices’, she said, to account for the £20 billion surprise ‘black hole’ left behind by the Tory government. Her announcement means £5.5 billion of immediate, in-year cuts. These include some projects that were tipped to be
17 min listen
The Chancellor Rachel Reeves is expected to give a statement to Parliament on Monday outlining the state of public finances, including a ‘£20 billion black hole’. James Heale talks to Katy Balls and Kate Andrews about the strategy behind this: will this speech lay the ground work for the Autumn budget? How new are these
Labour’s pro-growth reforms were fun while they lasted. Now here come the tax rises. That’s not quite how Rachel Reeves will convey the findings of the Treasury audit she plans to announce on Monday – but hikes are probably going to be the next step in filling in what the Chancellor will claim is a £20