logo
episode-header-image
Jun 2025
28m 51s

Facing down a fiscal firestorm

Financial Times
About this episode
tail spinning
Up next
Feb 6
Mandelson, money - and the risk to the prime minister
Fresh revelations about Peter Mandelson’s relationship with the convicted sex offender Jeffrey Epstein have sparked a political explosion in Westminster, reopening questions about Keir Starmer’s decision to return him to the heart of public life. Mandelson, the former UK ambassad ... Show More
34m 16s
Jan 30
Chinese whispers — at home and abroad
Sir Keir Starmer is 5,000 miles away in China, meeting President Xi Jinping to drum up investment and deepen relations, but back on the home front the PM’s leadership looks increasingly beset. Manchester mayor Andy Burnham’s ambitions may have been thwarted for now, but the plott ... Show More
36m 40s
Jan 23
When the ‘special relationship’ isn’t so special
From ‘brilliant ally’ to ‘weak and stupid’ within the same paragraph, it’s hard to know how to handle the impulsive outbursts from America’s 47th President. And yet, this is the position in which the British prime minister found himself this week as he stood firm in the face of D ... Show More
35m 22s
Recommended Episodes
Jun 2025
Winners and losers of UK spending review
The FT’s George Parker explains the winners and losers in UK chancellor Rachel Reeves’ spending review, the UK imposed the first western sanctions against Israeli government ministers,and Citigroup is poised to increase provisions for potential bad loans by hundreds of millions o ... Show More
10m 57s
Mar 2025
Will Rachel Reeves be forced into an emergency budget?
<p>It’s been a week of political whiplash, including that infamous explosive meeting in the Oval office and renewed commitment from European leaders to back Ukraine. George Osborne and Ed Balls consider who - if anyone - has fared well in this wild week. Is Trump himself as the d ... Show More
58 m
Sep 2025
Game on for the biggest leveraged buyout
Elon Musk’s business empire has been hit by a wave of senior departures over the past year, video games maker Electronic Arts is being taken private by a Saudi Arabia-backed consortium, and Downing Street has opened the door for Labour to break its election promises and raise tax ... Show More
9m 55s
Sep 2024
How “painful” will the Budget be for your finances?
With a £22bn ‘black hole’ in the public finances, the new chancellor Rachel Reeves has difficult decisions to make ahead of Labour’s autumn Budget next month. How might this hole be plugged, and where might tax rises land? In this episode, Dan Neidle, founder of think-tank Tax Po ... Show More
31m 32s
Nov 13
Scottish kilts set to enter the bond market
US government shutdown nears an end as House approves funding deal, European carmakers and other industrial companies continue to face “devastating” chip shortages, and Scotland has been handed the same credit rating as the UK, in a boost to Edinburgh as it plans to launch an ina ... Show More
11m 55s
Oct 2025
OpenAI’s circular deals
EU governments have agreed to limit the travel of Russian diplomats, analysts are worried about a flurry of circular AI deals, and France lost another prime minister after less than a month in office. Plus, why the weaker dollar is helping big US exporters, while domestic-focused ... Show More
10m 53s
Oct 2025
Marjorie Taylor Greene gone rogue
Over two weeks in, the government shutdown is exposing fault lines on both sides of the aisle. Perhaps the most surprising one: the political left turn of the MAGA darling from Georgia. This episode was produced by Danielle Hewitt and Miles Bryan, edited by Amina Al-Sadi, fact-ch ... Show More
27m 18s
Oct 2025
The Republican Playbook: Democrat Edition with Tim Miller and David Faris
As the government shutdown takes effect, Jon is joined by Roosevelt University Professor and contributing writer at The Nation David Faris, and "The Bulwark Podcast" host Tim Miller to examine Democratic strategy. Together, they explore what Democrats are hoping to achieve throug ... Show More
1h 12m
Aug 2025
Jerome Powell triggers market bets on a September rate cut
Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market. Mentioned in th ... Show More
11m 49s
Nov 2024
What to make of the Labour government's first budget?
The Autumn Budget was the most significant since George Osborne implemented austerity in 2010. Rachel Reeves announced one hundred billion pounds for infrastructure, forty billion in tax rises and a whole host of policy changes, which she hopes will deliver Labour’s mission of na ... Show More
31m 48s