Political Fix

Labour’s long-awaited spending review dropped this week. Rachel Reeves unveiled funding settlements for government departments – and a newly upbeat tone after the gloomy promise of hard times in her previous Commons set pieces. The NHS and defence were prioritised but other departments and services face a squeeze. Are dividing lines now clear as Labour fights for a second term in power? Why did even the experts call Reeves’ speech ...

UK chancellor Rachel Reeves has had an action-packed week. She made a U-turn on winter fuel payments, announced plans to spend billions of pounds on new transport schemes and, following the prime minister’s latest announcement, she now has to find yet more money to fund a rise in defence spending. So where does this leave the chancellor ahead of the spending review next Wednesday? And who will be the winners and losers? Host George...

In a special six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss the economic events reshaping the world in the wake of US President Donald Trump’s election. 

Subscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. 

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Prime Minister Keir Starmer and Reform party leader Nigel Farage clashed on economic issues this week. Farage said his party was the champion of the working class, while Starmer warned Farage’s proposed spending rises amounted to “fantasy promises”. Host George Parker is joined by the FT’s Stephen Bush, Chris Giles and Anna Gross to discuss Reform’s fiscal plans. Plus, Labour’s chancellor Rachel Reeves has plenty of fiscal problems...

The UK and EU announced a historic deal to ‘reset’ their relationship this week. Keir Starmer called the deal a “win-win”, while a “gobsmacked” Kemi Badenoch labelled it a “surrender”. Who’s right? Host George Parker is joined by the FT’s Miranda Green, Peter Foster and Andrew Bounds who unpack the agreement and analyse who came out on top. Plus, the prime minister has handed over the Chagos Islands to Mauritius, and it didn't come...

It’s been another turbulent week for Labour after Keir Starmer announced a crackdown on legal migration. The prime minister gave what has since become a controversial speech suggesting the UK is at risk of becoming an “island of strangers” – and home secretary Yvette Cooper announced an end to all social care visas, tighter rules for highly skilled visas, more rigorous English language tests, and more. Host Lucy Fisher is joined by...

Our first Q&A special episode is finally here! You sent in questions, now our panel answers them. Is the UK-US trade deal worth the paper it’s signed on? Could the UK benefit from a brain drain from the US? Is there any chance of Keir Starmer being booted out by his party before the next election? Host Lucy Fisher is joined by the FT’s Stephen Bush, Miranda Green and Robert Shrimsley to discuss a range of topics spanning politi...

This week, we’ve seen Reform UK trounce Labour and the Conservatives across England in local elections. 

Nigel Farage’s party has secured a fifth MP, clinched two mayorships and seized control of at least seven councils.

In response, Prime Minister Sir Keir Starmer is vowing to go harder and faster with his reforms, while Kemi Badenoch’s leadership of the Conservative party is coming under scrutiny.

Host Lucy Fish...

Ahead of England’s local elections next week, the Political Fix team pick the races to watch and what’s at stake for the main parties, as voters head to the polls to elect 1,600-odd councillors, six mayors and one new MP. Host Lucy Fisher is joined by podcast regulars Miranda Green and Anna Gross, plus the FT’s Northern correspondent Jennifer Williams, to ask whether Reform UK will live up to high expectations, and just how far bot...

The UK Supreme Court issued a landmark ruling this week about the legal definition of a woman in equality legislation. Judges ruled that a woman is someone who is born biologically female. Host Lucy Fisher is joined by the FT’s Anna Gross and Robert Shrimsley to discuss the political significance of this decision and the reaction of rival parties, as well as what it’s likely to mean in practice. Plus, FT industry correspondent Sylv...

The markets have gone haywire since Donald Trump’s announcement — and then pause— of a host of new US tariffs. Host Lucy Fisher is joined by Political Fix regulars George Parker and Miranda Green, plus FT markets columnist Katie Martin, to discuss the impact of this week’s turbulence and what it means for Prime Minister Sir Keir Starmer and the UK going forward. As parliament takes a break for Easter recess, the...

Donald Trump has shaken up the global economy with his seismic new tariffs this week. UK exports to the US will now face a 10 per cent levy – less than many other countries, but still a major headache for Britain’s fragile economy. Host Lucy Fisher and FT colleagues Robert Shrimsley, Jim Pickard and Peter Foster examine the pain this could inflict at home, and what Sir Keir Starmer can – and should – do in response. Plus, ministers...

Rachel Reeves was forced to slash spending to balance the books in her Spring Statement this week. Welfare spending will be cut more deeply than initially trailed, prompting warnings that 250,000 people — a fifth of them children — could be plunged into poverty. Economists also fear the chancellor will face further tough choices — more cuts or a fresh tax raid — in the autumn. Host Lucy Fisher is joined by the FT’s George Parker an...

It’s crunch time for chancellor Rachel Reeves next Wednesday, when she will present her Spring Statement to parliament. Downgraded growth forecasts and deep spending cuts to unprotected departments loom. Host Lucy Fisher is joined by regulars Miranda Green, Jim Pickard, and the FT’s economics editor Sam Fleming to debate whether Labour is ushering in a new era of austerity. Plus, FT Brussels bureau chief Henry Foy joins the panel t...

“The world’s largest quango is scrapped” – that’s how the government framed the abolition of the NHS management body this week. It was the latest target in Sir Keir Starmer’s so-called ‘Project Chainsaw’, his plan to streamline the state. Host Lucy Fisher is joined by FT colleagues Stephen Bush, Robert Shrimsley and Anna Gross to discuss the prime minister’s reforms and whether they will drive any improvement in public services. Th...

Sir Keir Starmer has won plaudits from across the political spectrum for his handling of the rapidly growing rift between the US, Europe and Ukraine – but can the UK prime minister sustain this diplomatic balancing act? George Parker hosts a discussion that brings together US defence and foreign affairs correspondent, Felicia Schwartz, and Political Fix regulars Robert Shrimsley and Miranda Green.

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Donald Trump showered praise on Keir Starmer during the UK prime minister’s visit to the White House this week, describing him as ‘special’, a ‘beautiful man’ and a ‘tough negotiator’. Host Lucy Fisher speaks to George Parker — who was there in the Oval Office — plus fellow Political Fix regulars Miranda Green and Stephen Bush about the upshot of the visit, from a potential UK-US trade deal and tariffs exemption to the PM’s failure...

The future of Ukraine and the defence of Europe will dominate when Keir Starmer jets out to the White House for talks with Donald Trump next week. Can the UK prime minister help save 80 years of Pax Americana? Or is the US on the verge of becoming an ‘adversary’ to Europe? Host Lucy Fisher is joined by FT colleagues Robert Shrimsley, Gideon Rachman and John Paul Rathbone to discuss the military implications for Britain and Europe, ...

The bitter and emotional wrangling over the assisted dying bill reached new heights in parliament this week, following proposed changes to a key safeguard. Is it a sensible efficiency to remove the need for a High Court judge to sign off every request, or will this move sink the legislation? Host Lucy Fisher discusses the disputed plan with Political Fix regulars Robert Shrimsley and Stephen Bush, as well as the FT’s public policy ...