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Bloomberg UK Politics Profile

Bloomberg UK Politics

English, News, 1 season, 1140 episodes, 4 days, 20 hours, 45 minutes
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Bloomberg's Caroline Hepker, Stephen Carroll and Yuan Potts have your daily guide to British politics. We'll tell you what's happening and explain why it matters.
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Treading Water: Thames' Ticking Time Bomb

Several banks have started offering the opportunity to bet against Thames Water's debt. It's the latest sign of an impending crisis at the UK's biggest water supplier, after it was labelled 'uninvestable' by its own shareholders. We talk through the company's options and what they could mean for customers and the government, with Bloomberg's Tasos Vossos and restructuring expert Linton Bloomberg from Reed Smith. Hosted By Caroline Hepker and Yuan Potts.  See omnystudio.com/listener for privacy information.
4/12/202426 minutes, 3 seconds
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Campaigning Talk: What Would a Good Election Look Like for Labour?

The local election campaign is in full swing, but Rishi Sunak can't escape his own splintered party, with Boris Johnson grabbing the headlines with a speech in Canada. We ask Bloomberg UK Government Reporter Ellen Milligan how it's going for the PM. Labour meanwhile are determined to stick resolutely to their message of 'no complacency'. But what would prove the polls right and be a good election result for Labour on the morning of May 3rd? We get the inside scoop on the party's thinking from Labour Together's Director of Research and polling guru, Christabel Cooper. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
4/11/202428 minutes, 16 seconds
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Fake It Till You Make It: AI's Disinformation Risk For Elections

Meta's Nick Clegg told an event in London the social media giant isn't seeing artificial intelligence being used a on a "systemic basis" to disrupt elections arguing that the technology can be a 'sword and shield' against harmful content. We discuss the risks posted by AI and social media with our technology reporter Mark Bergen, and Keegan McBride from the Oxford Internet Institute. Plus, James Woolcock reviews Rishi Sunak's appearance on a phone-in radio show. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
4/10/202425 minutes, 20 seconds
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DC in DC: David Cameron Heads to Washington

The UK's Foreign Secretary is in America to lobby for more funding for Ukraine. Our Managing Editor Brendan Scott explains Britain's changing role on the world stage and speculates how Cameron's meeting went with former president Donald Trump. Back at home, Shadow Chancellor Rachel Reeves is also trying to raise some cash by tightening up non-dom rules. Founder of Tax Research, Richard Murphy, tells us Labour should go after small businesses and sole traders not paying their fair share. Plus, how does the economy change if the next generation are still living with their parents? Bloomberg's economy reporter Tom Rees explains. Hosted by Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
4/9/202426 minutes, 5 seconds
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The £3 Trillion Man: Britain's Bond Market Whisperer On Borrowing for the Government

Robert Stheeman has borrowed more than £3 trillion for the government in his 21 years running the Debt Management Office. He's been speaking to Bloomberg about the challenges of raising debt through a pandemic, the 2008 financial crash, and Liz Truss's premiership. Bloomberg's Alice Gledhill brings us details of her interview. Plus: the Resolution Foundation forecasts average rents will rise by 13% over the next three years. Senior economist Cara Pacitti tells us what's gone wrong in the housing market, and how it could be fixed. Hosted by Stephen Carroll and Lizzy Burden.  See omnystudio.com/listener for privacy information.
4/8/202426 minutes, 8 seconds
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Letter of the Law: Government Rift Over Arms Exports To Israel

A rift has emerged in the cabinet over a plan to suspend arms sales to Israel, with Rishi Sunak and David Cameron caught between Tory factions who support or oppose the move. Over 800 lawyers and academics have signed a letter to the Prime Minister warning Britain is breaching international law by continuing to allow arms sales. One of them, human rights lawyer Michael Mansfield KC, joins us to discuss. Hosted by Stephen Carroll and James Woolcock.  See omnystudio.com/listener for privacy information.
4/5/202425 minutes, 55 seconds
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Setting Up A Super-Majority: Poll Predicts A Labour Landslide

A new poll is predicting a Labour super-majority of over 400 seats at the next general election. YouGov's Patrick English joins us to discuss the details of their projections, and our Political Editor Kitty Donaldson brings us Westminster's reaction.Plus, financial pressure mounts on Thames Water, the UK's biggest supplier. Our reporter Eamon Farhat tells us what's at stake for the government and investors. Hosted by Stephen Carroll and Lizzy Burden.  See omnystudio.com/listener for privacy information.
4/4/202425 minutes, 41 seconds
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Levelling With Voters: Funding Struggles Threaten To Overshadow Local Elections

With less than a month to go until local elections in England and Wales, our UK government editor Alex Morales tells us what's at stake for the parties. Local government funding is also in focus, as some councillors call for an independent review of the system for accessing 'Levelling Up' money. Graeme Atherton from the Centre for Inequality and Levelling Up talks us through the scheme's successes and failures, while Nottingham City Labour councillor Graham Chapman shares his experience. Hosted by Yuan Potts and Stephen Carroll.  See omnystudio.com/listener for privacy information.
4/3/202426 minutes, 8 seconds
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Hate Speech vs Free Speech: Why Scotland's New Law Is Making Political Waves

Scotland's new law on hate crimes came into force this week, amid criticism from the likes of author JK Rowling. We discuss the law's expanded definition of hate speech with human rights campaigner Peter Tatchell. Also in the show: our reporter Jess Shankleman updates us on a crunch week for Thames Water and its financial troubles. Plus: Tiwa Abebayo reports on issues with the government's new childcare plan. Hosted by Stephen Carroll and Yuan Potts.See omnystudio.com/listener for privacy information.
4/2/202425 minutes, 48 seconds
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Big Nasties: Government Spending Squeeze And Local Budget Cuts

Meg Hillier, chair of the cross-party Public Accounts Committee, is warning of spending 'Nasties' in store for the next government in a new report, Bloomberg's UK Politics Editor Alex Morales brings us the details. Meanwhile, in local government, the spending nasties might already have arrived. Mayor of Hackney Caroline Woodley tells us how she's tightening the purse-strings in her borough.Plus, John Neal CEO of Lloyd's of London discusses the insurer's latest results and more. Hosted by James Woolcock and Caroline Hepker.  See omnystudio.com/listener for privacy information.
3/28/202434 minutes, 58 seconds
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An Age-Old Divide: Tory Resignations And The UK's Youngest Baroness

Two more Conservative ministers have announced they won't be contesting the next election, prompting a mini-cabinet reshuffle for Rishi Sunak. Bloomberg's Associate Editor Ailbhe Rea joins us with the details.Plus, at 28 years old Carmen Smith is the UK's youngest member of the House of Lords. The Plaid Cymru politician talks to us about youth engagement, Welsh independence, and why she wants to abolish the upper chamber. Hosted by Lizzy Burden and James Woolcock. See omnystudio.com/listener for privacy information.
3/27/202423 minutes, 44 seconds
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Hacking Democracy: UK, US Sanction China For Stealing Voter Data

The UK and the US have accused China of cyberattacks targeting politicians, voters' data, and election regulators in an election year. Our TV anchor and former Beijing Correspondent in London Tom Mackenzie explains how Britain's relationship has gone so awry and what these latest claims mean. Plus, looking for a job? It might help to have the letters 'AI' in your CV. LinkedIN's UK Country Manager Janine Chamberlain speaks to us about how Artificial Intelligence is changing the jobs market. And a Bloomberg exclusive interview with Bank of England Monetary Policy Committee Member Catherine Mann. Hosted by James Woolcock See omnystudio.com/listener for privacy information.
3/26/202429 minutes, 27 seconds
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Locked In: £11bn Commitment To Secure The 'Grey Vote'

Jeremy Hunt says the pensions triple lock will feature in the upcoming Conservative manifesto and Labour are also 'committed' to the policy. But despite political backing, others disagree - Lord David Willetts, President of the Resolution Foundation tells us why the pension guarantee should be scrapped. Plus, Bloomberg analysis shows local Tory candidates are actively distancing themselves from the party online. We speak to Samuel Power, senior politics lecturer at the University of Sussex about the Conservative party's brand challenge. Hosted by Caroline Hepker and James Woolcock. See omnystudio.com/listener for privacy information.
3/25/202428 minutes, 15 seconds
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It's All Kicking Off: Bank of England Ponders Cuts As Politicians Talk Football

The latest Bank of England update is moving markets but British Politicians are focused on football. Senior Economics Editor Philip Aldrick brings us the latest on the Bank of England's rate cutting path.Plus, we dissect the controversy surrounding changes to the England Flag on the Nike's Euro 2024 kit with and former England player, football executive and broadcaster Eniola Aluko.  See omnystudio.com/listener for privacy information.
3/22/202425 minutes, 53 seconds
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An Irish Goodbye: Varadkar's Legacy And Starmer's Race Problem

Irish Prime Minister Leo Varadkar stunned the political world with his resignation - we discuss what his departure means for the future of Ireland with former Irish ambassador to the United States, Daniel Mulhall.Plus, Keir Starmer's commitment to diversity is under question the Labour Party's adviser on race Doreen Lawrence reportedly said he failed to listen to her. Martin Forde KC, who was tasked by Starmer with investigating previous allegations of racism within Labour joins us with his perspective. Hosted by Ailbhe Rea and Caroline Hepker. See omnystudio.com/listener for privacy information.
3/21/202430 minutes, 28 seconds
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Reeves' Economic Vision: Labour Questioned On Spending and Rishi Sunak Pressured Over Rwanda

Today's edition of PMQS saw Rishi Sunak grilled on the progress of the Rwanda deal and criminal prosecutions, we discuss the Prime Minister's performance. Plus, yesterday the Shadow Chancellor, Rachel Reeves delivered her big economic vision-setting Mais lecture. What did we learn? Panmure Gordon's Chief Economist Simon French joins us with more. Hosted by Caroline Hepker and James Woolcock. See omnystudio.com/listener for privacy information.
3/20/202425 minutes, 57 seconds
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Picking A Winner: Rishi Sunak Bets On The Economy

The prestigious Mais economics lecture will be delivered by Shadow Chancellor Rachel Reeves today. We take a trip down memory lane and revisit Rishi Sunak's address with Bloomberg's economics reporter Tom Rees. Meanwhile, Robinhood's new app will give UK traders access to thousands of US listed stocks, the company's president Jordan Sinclair tells us. Plus, the UK government are setting out legislation for an independent football regulator. We take a closer look with Bloomberg's UK political reporter Ellen Milligan and Football agent  and former Olympian Sky Andrew. See omnystudio.com/listener for privacy information.
3/19/202426 minutes, 30 seconds
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A Miserable Business: Economic Woes Pile Pressure On The PM

The UK Misery Index - based on Bloomberg analysis of unemployment and inflation data is nearing 1997 Conservative election wipe-out levels, we dig into the latest figures with Bloomberg's Irina Anghel. Local councils are also feeling the pinch and delays to levelling up funding haven't helped according to former Liverpool City Mayor Joanne Anderson. Plus, Sadiq Khan kicks off his campaign for a third term as London Mayor today, but can anyone stop him ? We discuss the lay of the land. Hosted by Caroline Hepker and James Woolcock.  See omnystudio.com/listener for privacy information.
3/18/202426 minutes, 42 seconds
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Not a May Day: Sunak Dispels Election Speculation, But Challenges Remain

Rishi Sunak has ruled out a general election to coincide with local and mayoral votes on May 2nd, but what does his decision mean for Tory party strategy? We get the details from Bloomberg's UK government editor Stuart Biggs and analysis from Hanover communications guru Gavin Megaw. Plus, could a bit of the mundane be what the country needs? Bloomberg Opinion Columnist Adrian Wooldridge on how Labour could provide an alternative to Tory instability. Hosted by Caroline Hepker and Stephen Carroll.  See omnystudio.com/listener for privacy information.
3/15/202426 minutes, 15 seconds
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Reckoning with Racism: Westminster Struggles To Respond

Diane Abbott says race "is at the heart of the debate in British politics", after she was the target of racist remarks reportedly made by a top Tory donor. Our political editor Kitty Donaldson reports on how the controversy is putting further pressure on Rishi Sunak's leadership. The comments have sparked a wider debate on racism in the UK. We get the view of author and commentator Nels Abbey. Hosted by James Woolcock and Stephen Carroll.  See omnystudio.com/listener for privacy information.
3/14/202426 minutes, 2 seconds
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Tory Racism Row: Donor's Comments Overshadow PMQs, Despite Better Economic News

Controversial comments by Conservative Party donor Frank Hester dominated much of this week's Prime Minister's questions, with Rishi Sunak describing the reported remarks as "wrong" and "racist". Opposition leader Keir Starmer also questioned the PM on his plans to phase out National Insurance, while making the case for a Labour government. Plus: the UK has signed a new trade pact with the state of Texas. Our reporter Lucy White updates us on the government's trade policy post-Brexit. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
3/13/202426 minutes, 5 seconds
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Telegraphing & Forecasting: Media Takeover Latest And MPs Quiz the OBR

Rupert Murdoch's News Corp and the owners of the Daily Mail have held talks about a potential joint bid for the Telegraph with UAE-backed investment fund Redbird IMI, people familiar with the matter have told Bloomberg. Our global business editor Jamie Nimmo bring us details of the exclusive reporting, and tells us why the media deal is getting so much attention in Westminster. Also today: the head of fiscal watchdog the Office for Budget Responsibility faces questions from MPs over its latest forecasts. Our senior economics reporter Philip Aldrick joins us to discuss. Hosted by Caroline Hepker and Stephen Carroll.See omnystudio.com/listener for privacy information.
3/12/202425 minutes, 52 seconds
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Jockeying For Position: Lee Anderson Joins Reform UK

The former deputy chairman of the Conservative party, Lee Anderson, has joined Richard Tice's Reform UK party. Our Political Editor Kitty Donaldson tells us what the move means for Anderson's old and new parties.Plus: new Brexit rules are making life more different for Irish horses travelling to Cheltenham. Our Dublin reporter Olivia Fletcher brings us details. We also discuss the latest survey on ethnic diversity in UK listed companies with the Parker Review's co-chair David Tyler. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
3/11/202425 minutes, 15 seconds
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Westminster After May: Dawn Butler, Caroline Nokes on Being a Woman in Parliament

The second woman to become prime minister, Theresa May, has announced she will be leaving parliament at the next election. Although the former PM was known for Brexit, she also was a champion of getting more women involved in public life. It's a task that seems ever harder in the age of social media and abuse. We discuss the realities of being a woman in Westminster with Caroline Nokes, Conservative MP and Chair of the Women and Equalities Committee and Dawn Butler, Labour MP for Brent Central. Hosted by Ailbhe Rea and Stephen Carroll. See omnystudio.com/listener for privacy information.
3/8/202425 minutes, 20 seconds
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Down The Rabbit Hole: Unpicking Hunt's Budget

 As pundits decry an absent 'rabbit in the hat' moment during the Chancellor's Budget, we reflect on the announcements with Bloomberg's Chief UK Economist Dan Hanson and government reporter Joe Mayes.Plus: our interview with Shadow Chancellor Rachel Reeves, and tax expert Dan Neidle gives his perspective on the Treasury's giveaways. Hosted by Caroline Hepker and James Woolcock.  See omnystudio.com/listener for privacy information.
3/7/202426 minutes, 5 seconds
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At Last, the Budget: National Insurance Cut, Child Benefit Reform & Non Doms No More

The Chancellor Jeremy Hunt has unveiled details of his long-awaited Budget, with tax cuts he's hoping will revive his party's ratings in the polls. Among the key measures: a two percentage point cut to National Insurance contributions, raising the threshold at which child benefit is taxed, abolishing the non-domiciled tax status and introducing a British ISA to encourage more investing in UK stocks. We bring you highlights from Hunt's speech, the response from Labour leader Keir Starmer, plus analysis from Stephanie Flanders, Head of Bloomberg Economics, and John Stepek, who writes Bloomberg's Money Distilled newsletter. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
3/6/202424 minutes, 7 seconds
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Bullish on Britain: CEOs Lead A New Wave Of Optimism

UK business leaders are more optimistic about the state of the economy. We bring you a special report ahead of the budget. CEOs including WPP's Mark Read, British Land's Simon Carter and M&S Chair Archie Norman tell us why things might not be as bad as they seem. Kallum Pickering, Senior Economist at Berenberg is also in the bullish camp. Plus, Bloomberg's senior economics writer Philip Aldrick previews Hunt's budget.  See omnystudio.com/listener for privacy information.
3/5/202426 minutes, 15 seconds
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Close To The Limits: Jeremy Hunt's Budget Dilemma

Jeremy Hunt is under pressure to include further giveaways in Wednesday's budget. We discuss the politics of tax cuts with former Cabinet minister David Gauke, who warns us the government is already close to its fiscal limits. The Chancellor is also eyeing ways to get more small investors to put their money in UK shares. Paul Stevens, Head of Quoted Investment at the Business Growth Fund makes the case for a British ISA, while our UK business reporter Sabah Meddings briefs us on other potential changes. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
3/4/202428 minutes, 46 seconds
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George Galloway Wins: Rochdale Result and Starmer's Biography

George Galloway has won a seat in parliament in the Rochdale by-election, with a campaign calling for an end to the conflict in Gaza. Bloomberg's associate editor Ailbhe Rea explains if this result is headache for Keir Starmer or the sign of more woes to come for his Labour Party. Galloway's pitch to disaffected muslim voters was only possible due to Starmer's complete overhaul of the party in his relatively short time as leader. But how much do we know about what actually drives the man? The author of Keir Starmer's new biography Tom Baldwin joins us for an extended discussion of Keir's background and what he might do with real power. Hosted by Caroline Hepker and Lizzy Burden.See omnystudio.com/listener for privacy information.
3/1/202432 minutes, 24 seconds
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Taking Stock: How Finance and Trump Could Shape the UK's Future

Voting is underway in the Rochdale by-election, so we're taking a look at issues outside of Westminster could shape Britain's future. The London Stock Exchange Group CEO David Schwimmer sees the prospects for Britain's stock market improving. While in the US, it's been a rollercoaster 24 hours in politics - mostly revolving around Donald Trump. Bloomberg's Kriti Gupta takes us through the latest developments. Plus, new figures from PwC show the gender pay gap has widened in the UK. Our business reporter Sabah Meddings unpicks the unwelcome news. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
2/29/202426 minutes, 4 seconds
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Lots at Stake: Fiery PMQs and NatWest Share Sale Scoop

Keir Starmer and Rishi Sunak accuse each other of failing to tackle extremism in their parties, as the Home Office puts millions of pounds into more security for MPs. We bring you this week's Prime Ministers Questions. Plus, our Bloomberg exclusive reporting on the preparations the government is making to sell its shares in NatWest. Our finance reporter Will Shaw and City Editor Katherine Griffiths explain the context and what the sale means for the political world. Hosted by Stephen Carroll and Caroline Hepker.  See omnystudio.com/listener for privacy information.
2/28/202432 minutes, 8 seconds
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Making Your Mind Up: Controversy And Policy Compete For Voters' Attention

The controversy over Lee Anderson's comments continue to dog the Conservative Party, with Illegal Migration Minister Michael Tomlinson facing difficult questions on radio. Are voters swayed by these internal party rows? We discuss with Tom Lubbock from pollsters JL Partners. Manufacturing lobby group Make UK have a bold vision for management of the economy, but are politicians listening? The group's Chief Operating Officer Ben Fletcher joins us. Plus, our UK Government Editor Stuart Biggs has an update on the latest reporting ahead of next week's Budget. Hosted by Lizzy Burden and Stephen Carroll.Anchor, Bloomberg Radio See omnystudio.com/listener for privacy information.
2/27/202426 minutes, 9 seconds
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Political Heat: Why Rhetoric from MPs Matters

Former Conservative party deputy chairman Lee Anderson has been suspended from the party after making incendiary comments about London Mayor Sadiq Khan. Bloomberg's senior UK government reporter Alex Wickham joins us with the latest. Plus, Britain's competition regulator says the home building system is not working. We hear from the CEO of the Competition and Markets Authority, Sarah Cardell, and discuss the CMA's report with Bloomberg Opinion columnist Matthew Brooker. Hosted By Caroline Hepker and James Woolcock.  See omnystudio.com/listener for privacy information.
2/26/202426 minutes, 18 seconds
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Deep Divisions: A Tense Climate Puts Pressure on Politicians

Bloomberg's associate editor Ailbhe Rea joins us with more on the Rochdale by-election. The speaker's decision during the Gaza ceasefire debate brought issues of intimidation and violence against politicians to the fore. Alice Perry former chair of Labour's National Executive Committee discusses some of the most serious incidents and Su Moore, CEO of the Jo Cox Foundation reinforces the increasingly tense political environment. Hosted by James Woolcock and Caroline Hepker See omnystudio.com/listener for privacy information.
2/23/202421 minutes, 38 seconds
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Speaker Forced to Listen: Hoyle Fights for his Job

Lindsay Hoyle has MPs calling for his resignation after he was accused of giving the Labour party preferential treatment in a debate on a Gaza ceasefire. Our UK Government reporter Emily Ashton was in the Commons and explains how the day derailed into chaos not seen since the Brexit era. Plus, Richard Thomson, the Scottish National Party MP for Gordon, explains why the SNP are so angry about it in spite of getting their motion passed. Hosted by Stephen Carroll and Lizzy Burden See omnystudio.com/listener for privacy information.
2/22/202425 minutes, 46 seconds
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Post Office Questions: Keir Starmer Presses PM Over Badenoch Comments

The Post Office accounting scandal dominates this week's Prime Minister's Questions. Keir Starmer cross-examines the Prime Minister over comments made by Business Secretary Kemi Badenoch about the former Post Office chair Henry Staunton. Plus, a failed Trident missile test raises questions about the efficacy of the UK's nuclear deterrent. We discuss with Andrew Dorman, Professor of International Security at King's College London and editor of Chatham House's International Affairs Journal. Hosted by James Woolcock and Stephen Carroll.  See omnystudio.com/listener for privacy information.
2/21/202425 minutes, 36 seconds
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Listen, Governor: Bailey Faces MPs Over Haldane's Recession Warning To Us

The Bank of England Governor Andrew Bailey has faced questions from MPs over what the BOE's former chief economist, Andy Haldane, told us about the risk of deeper recession from keeping interest rates high. Bloomberg Opinion columnist Marcus Ashworth shares Haldane's view, and says the BOE governor signalled an important shift in his thinking. As Birmingham Council announces a cost-cutting plan to tackle its financial problems, we discuss with Iain Murray of the Chartered Institute of Public Finance and Accountancy. Plus: business groups have written their wish list for the Chancellor ahead of the Budget. Our reporter Joe Mayes joins us with details. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
2/20/202426 minutes, 4 seconds
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Former BoE Chief Economist On Why The Bank Should Cut Rates Now

The former Chief Economist of the Bank of England, Andy Haldane, says the central bank is risking a deeper recession if it doesn't cut rates soon. He says the economy is heading for a year of  "at best of anemic growth" given the current outlook. Haldane also tells us that he preferred the original version of Labour's £28 billion green investment plan, and that the government's fiscal rules should be changed to allow more spending on investment. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
2/19/202426 minutes
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'As Bad As It Could Have Been': Labour Landslide Cements Tory Despair

After Labour by-election wins in Kingswood and Wellingborough, election expert John Curtice explains how the results are the worst possible outcome for the Conservatives. Plus, 'Rishi's Recession' makes Jeremy Hunt's March budget even more daunting. Matthew Lesh, Director of Public Policy at the Institute of Economic Affairs (IEA), shares his perspective on whether government tax cuts should still be on the agenda. Hosted by James Woolcock and Caroline Hepker. See omnystudio.com/listener for privacy information.
2/16/202427 minutes, 8 seconds
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UK in Recession: Toxic or Technicality?

New data shows the economy dipped into recession in the second half of 2023, but does it really matter? Ana Andrade from Bloomberg Economics walks us through the implications. Plus, Ed Arnold from defence think tank The Royal United Services Institute (RUSI) joins us to discuss the NATO meeting and Donald Trump's stance on the alliance. Hosted by Lizzy Burden and Caroline Hepker. See omnystudio.com/listener for privacy information.
2/15/202426 minutes, 43 seconds
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Inflation Relief: Can the Government Celebrate Stalling Price Rises?

The Chancellor Jeremy Hunt has welcomed new figures showing annual inflation was stable at 4 per cent in January, avoiding an increase expected by economists. Bloomberg's Chief UK Economist Dan Hanson talks us through the political implications of the data. Also in the show: another Labour parliamentary candidate was suspended for controversial comments about Israel. Our senior reporter Alex Wickham has the details. Plus, ahead of tomorrow's two by-elections, our resident expert Yuan Potts joins us with a look at what to expect. Hosted by Stephen Carroll and Lizzy Burden.  See omnystudio.com/listener for privacy information.
2/14/202425 minutes, 42 seconds
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Candidate Controversy: How Does Labour Move On From Antisemitism?

After antisemitic comments from Labour's Rochdale by-election candidate surfaced, the party has found itself embroiled in yet another row over the issue. Bloomberg's senior UK government reporter Alex Wickham joins us with details. Martin Forde KC was tasked by Keir Starmer with investigating the issue of antisemitism under his predecessor Jeremy Corbyn - he tells us what Labour should do next. Hosted by Caroline Hepker and Lizzy Burden.  See omnystudio.com/listener for privacy information.
2/13/202425 minutes, 7 seconds
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Trump, Take Two: US Presidential Hopeful's Influence on UK Foreign Policy

Donald Trump's comments about NATO defence spending are sending reverberations around the international community. We ask Evie Aspinall, director of think-tank The British Foreign Policy Group how the UK might fare under Trump 2.0. Bloomberg's EMEA News Director Roaslind Mathieson tells us how European leaders have reacted. Plus, is the UK already in a recession? New economic data coming this week will answer that question. Our economics and government reporter Lucy White discusses what the figures could mean for Rishi Sunak. Hosted by Stephen Carroll and Caroline Hepker.  See omnystudio.com/listener for privacy information.
2/12/202425 minutes, 55 seconds
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It's Not Easy Being Green: Labour's Policy Dilemma

We talk through the challenges facing the Labour Party after Keir Starmer's U-turn on a £28 billion green spending pledge attracted criticism with Labour strategist John McTernan. He says Labour needs to get radical, meanwhile former Tory donor Nick Candy tells Bloomberg its time for a change in government.Plus, Chief Economist at Panmure Gordon and former Cabinet staffer Simon French tells us what he makes of news Jeremy Hunt seems to be coming round to calls for a British ISA. Hosted by Lizzy Burden and Caroline Hepker See omnystudio.com/listener for privacy information.
2/9/202429 minutes, 6 seconds
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A Sorry Tale: No Apology From Prime Minister For Trans Jibe

Rishi Sunak has refused to apologise for his joke about Keir Starmer’s stance on gender identity, made during Prime Minister’s Questions when the mother of murdered transgender teenager Brianna Ghey was present. Our UK government editor Stuart Biggs discusses how damaging this moment is for Sunak, and what voters may remember from this political week. Lizzy Burden reports on Labour backtracking on its £28 billion green spending pledge and what it could mean for the party. Plus: why equal pay for ethnic minority workers should be an election issue. We speak to Dianne Greyson, founder of the Ethnicity Pay Gap Campaign about the legal changes she’s seeking from politicians. Hosted by Stephen Carroll.See omnystudio.com/listener for privacy information.
2/8/202425 minutes, 56 seconds
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Sunak's Taunt Backfires: Starmer Calls Shame Over PM's Trans Comment

Rishi Sunak faces a backlash for a jibe over the Labour leader's stance on transgender issues during Prime Minister's Questions. Keir Starmer called "shame" after Sunak raised the topic in front of the mother of murdered transgender teen Brianna Ghey, who was in attendance. Health issues more generally dominated this week's exchange between the leaders. Also today: we speak to Stephen Millard, deputy director of the National Institute of Economic and Social Research, about their forecast for UK living standards to improve before the general election. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
2/7/202426 minutes, 1 second
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What Happens When it Goes Wrong? A Conversation with Andy Coulson

 Kwasi Kwarteng is stepping down as an MP at the next election. The former Chancellor was best known for his disastrous mini-budget under Liz Truss. We wanted to understand what it's like being at the centre of a media storm, how to manage it, and how crises have changed in the online world. We speak to Andy Coulson, the former News of the World editor and Downing Street Head of Communications, who went to jail over the phone-hacking scandal. He now runs a strategic communications agency and is the host of the 'Crisis What Crisis?' podcast. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
2/6/202430 minutes, 54 seconds
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Sunak's Stormont Victory Lap: PM in Northern Ireland as Government Resumes

 The restoration of power-sharing in Northern Ireland at the weekend was like a wedding, with speeches full of warm words and good intentions, according to politics professor Jon Tonge. He joins us to discuss how much credit Rishi Sunak can claim, as the Prime Minister visits Stormont today. The Alliance Party's Kate Nicholl tells us what it's like to take up her seat in the Assembly, almost two years after she was first elected, and her party's priorities as the business of government resumes. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
2/5/202426 minutes, 10 seconds
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Labour Says It Means Business: The Party's Pitch to Executives

The Labour Party did its best to woo industry leaders at their annual business conference in London. It was a sold-out event with attendees from the likes of Microsoft and Aviva. We ask Bloomberg UK government reporter Emily Ashton if the party's pro-business makeover will pay off. One high-profile Labour recruit from the business world is Richard Walker, Executive Chairman of Iceland supermarkets and a former Conservative party donor, he tells us why he switched sides. Plus, advice from an unlikely source - former Chancellor Kwasi Kwarteng shares his perspective on how the next government should manage its money. Hosted by James Woolcock and Caroline Hepker.  See omnystudio.com/listener for privacy information.
2/2/202425 minutes, 54 seconds
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Who is Phil? Warrington Man Turns PMQs Into Economy Debate

Keir Starmer's been to Iceland, and he can't wait to tell the Prime Minister about a man called Phil he met there, and what Phil thinks about the UK economy. The Prime Minister also wants to talk to Phil, and tell him about so-called Labour U-turns on banker bonuses. We unpack this week's Prime Minister's Questions and hear from BlackRock Investment's Deputy Head Alex Brazier about tomorrow's Bank of England decision and the economic outlook ahead of the general election. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
1/31/202426 minutes, 6 seconds
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A Return To Stormont: DUP Ends Boycott of Northern Ireland's Government

The Democratic Unionist Party has agreed to end its boycott of Northern Ireland's power-sharing assembly, concluding two years of post-Brexit paralysis. Our reporter Olivia Fletcher joins us from Belfast on the latest deliberations. Plus: Reg Empey, former leader of the Ulster Unionist Party and one of the negotiators of the Good Friday Agreement, gives us his view. We also speak to Bloomberg's Eamon Farhat who's analysed the demographics of the seats Labour needs to flip if Keir Starmer is to win the keys to 10 Downing Street. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
1/30/202425 minutes, 11 seconds
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Going Cold On The Tories: Iceland Chair Backs Labour

Labour has won the endorsement of Tory donor and Iceland chair Richard Walker, in a blow to Rishi Sunak. Our business reporter Sabah Meddings brings us the latest on Labour's business charm offensive. Plus: is housing going to be the political flashpoint of the next election? Zoopla's Executive Director Richard Donnell and our Corporate Finance Czar Neil Callanan tell us about the state of the property market and the policy risks ahead. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
1/29/202425 minutes, 56 seconds
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A Collection of Rejection: A Difficult Week For Sunak

Disappointing polling, a Canada trade deal on ice, and less money to spend on tax cuts all add up to a week of bad news for Rishi Sunak. Our reporter Joe Mayes brings us his exclusive story detailing the latest Treasury analysis ahead of the upcoming budget. Director of think-tank the British Foreign Policy Group, Evie Aspinall, talks us through the breakdown in trade talks between the UK and Canada. Plus, we get insight on what a controversial bid for ownership of the Telegraph newspaper says about politics and media in the UK from Rasmus Nielsen, professor of political communication at the University of Oxford. Hosted by Stephen Carroll and James Woolcock.  See omnystudio.com/listener for privacy information.
1/26/202425 minutes, 45 seconds
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Enforced Trade Off: IFS Says Political Parties Need To Get Real On Spending

 A new report from the Institute for Fiscal Studies says the next government will face the worst fiscal inheritance in 70 years and that the country will have to reckon with "big decisions and trade-offs". IFS Deputy Director Carl Emmerson says both parties need to be more honest with voters. City Minister Bim Afolami discussed his plan, unveiled today, for a new platform that will allow investors in private companies to trade shares. We get the investor perspective on the policy from Tony Dalwood, CEO of Gresham House. Plus, Rwanda is central to the government's asylum policy. Bloomberg's Africa Editor Neil Munshi has a special report about the country's economic transformation and suppression. Hosted by James Woolcock and Caroline Hepker. See omnystudio.com/listener for privacy information.
1/25/202426 minutes, 51 seconds
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One for the Swear Jar: Starmer and Sunak Get Personal

Keir Starmer says the Prime Minister is presiding over a "complete s***show" as PMQs descends into personal attacks in what might be a sign of the election campaign to come. We also hear from OBR Chairman Richard Hughes, who told the House of Lords yesterday the government's long term spending plans are "worse than fiction". And our City Editor Katherine Griffiths tells us about the Chancellor's private meeting with the heads of Britain's major banks. Hosted by Stephen Carroll and Caroline Hepker See omnystudio.com/listener for privacy information.
1/24/202428 minutes, 14 seconds
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Defensive Choices: The Competing Spending Priorities Ahead of the Budget

 Six weeks until the budget and the lobbying for Chancellor Jeremy Hunt's attention is well underway. But with the UK launching air strikes on Yemen, are the asks for electioneering tax cuts ignoring the big geopolitical risks on the horizon? Former Chair of the Defence Select Committee Tobias Ellwood met the Chancellor last week to push for 2.5% of Britain's GDP should be spent on the armed forces. He makes the case on the podcast that Britain should be thinking far more seriously about a coming 'World at War'. The economy was supposed to be the Prime Minister's main priority after passing the Rwanda bill, but our government editor Stuart Biggs explains why a defeat in the House of Lords is likely to keep the immigration debate spiralling. Plus: The Chancellor meets bank executives behind closed doors today, reportedly to ask why their valuations are so low. We hear from City of London's Policy Chairman Chris Hayward, who's fresh from meeting the financial elite in Davos, about what they might be discussing. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
1/23/202428 minutes, 55 seconds
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High Society: Keir Starmer's Vision for Community Connections

Labour Leader Keir Starmer is pledging to restore people's civic pride and community work. It sounds a lot like former Prime Minister David Cameron's abandoned "Big Society" project. We ask one of the architects of that plan, ResPublica Director Phillip Blond, why Labour are revisiting the idea. Also in the show: more than 40 Tory MPs are calling on their own leader to deliver more funding for councils. Derbyshire Council's Leader and Vice-Chair of the County Councils Network Barry Lewis sets out the state of local government finance as we head towards May elections. Hosted by Stephen Carroll and Caroline Hepker.  See omnystudio.com/listener for privacy information.
1/22/202427 minutes, 26 seconds
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Selling Stability: Hunt's UK Investment Pitch & Stormont Talks Latest

Government ministers go to Davos to pitch their countries to the world's top CEOs, and the Chancellor Jeremy Hunt has told Bloomberg the UK can offer stability to investors. Our government reporter Joe Mayes joins us to discuss. Plus: Another deadline passes in Northern Ireland's two-year political deadlock. Stormont opposition leader Matthew O'Toole of the Social Democratic and Labour Party tells us what he thinks the Northern Ireland Secretary should do next. Hosted by James Woolcock and Stephen Carroll.  See omnystudio.com/listener for privacy information.
1/19/202425 minutes, 31 seconds
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A Plan But No Planes: Tory Divisions Deepen As Rwanda Vote Passes

The Prime Minister's Rwanda bill was passed without amendments, and only eleven Conservative MPs voted against it. Rishi Sunak used a press conference to appeal to the House of Lords not to delay the legislation. Our Political Editor Kitty Donaldson was there, and she tells us what's likely to happen next. The Foreign Secretary David Cameron has been speaking to Bloomberg at the World Economic Forum in Davos - we bring you his thoughts on tensions in the Middle East and his party's chances in the next election. Plus: Former general secretary of the Unite trade union, Len McCluskey, joins us with his view of the Labour leadership and their pitch to be the party of business. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
1/18/202429 minutes, 36 seconds
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BONUS: Rachel Reeves Pitches Labour As 'Party of Wealth Creation'

Fresh from a breakfast with JP Morgan in Davos, Shadow Chancellor Rachel Reeves tells us Labour plans on actively welcoming business if they win power, describing them as the "party of wealth creation". She also hinted to our Editor-At-Large Francine Lacqua that she would not hike taxes on company's profits. Hear the full interview on this special episode, hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
1/17/202412 minutes, 27 seconds
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Rwanda Rebellion: Starmer Targets Tory Migration Policy in PMQs

The Prime Minister is facing a rebellion among his MPs as his Rwanda deportation bill heads for a second vote in Parliament this evening. Labour leader Keir Starmer spent Prime Minister's Questions needling Rishi Sunak over the detail of the policy. Our UK government editor Stuart Biggs joins us to discuss whether the next vote could spell the biggest challenge yet for the PM. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
1/17/202425 minutes, 41 seconds
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On The Horizon: Fujitsu Hearing Prompts Contracts Scrutiny

 A senior executive from Fujitsu, the company behind the faulty Horizon software in the Post Office scandal, is facing questions from MPs today. There are also questions being asked about how the government allocates and supervises contracts with private companies. We discuss with Colin Talbot, emeritus professor of government at the University of Manchester. Bloomberg's Alex Wickham reports on the Tory rebellion brewing over the Rwanda deportation bill, and we get the view of the risks facing the UK economy in an election year from Lloyds Banking Group CEO Charlie Nunn. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
1/16/202429 minutes, 16 seconds
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Introducing: Bloomberg Daybreak Europe Edition

As you await the latest episode of UK Politics, check out another podcast from our team here at Bloomberg: Daybreak Europe edition. Every episode delivers the day's top stories, with context, in just 15 minutes. Available every morning by 7am GMT in your feed.  Subscribe On AppleSubscribe On SpotifySubscribe On Youtube Subscribe On Podcast Addict Subscribe On AudibleSee omnystudio.com/listener for privacy information.
1/16/202413 minutes, 22 seconds
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Notes To A Small Island: What Westminster Should Know About The Coming US Election

The US Election is likely to have more of an impact on UK politics than any other event outside of Britain this year. So as the Iowa caucus starts the ten-month process, we take a look at what the UK doesn't understand about the American elections. We hear from three Americans: Shannon Felton Spence, who used to be a part of Britain's diplomatic service and tells us how embassies follow the campaigns, CrowdStrike Chief Security Officer Shawn Henry who tracks misinformation campaigns, and our TV anchor Kriti Gupta who shares what British people culturally get wrong about the US. Hosted by Lizzy Burden and Caroline Hepker.  See omnystudio.com/listener for privacy information.
1/15/202431 minutes, 2 seconds
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Airstrikes Launched: The UK Response to Red Sea Aggression

Prime Minister Rishi Sunak authorised the first UK military intervention in the Middle East in over a decade early this morning targeting Houthi rebels in Yemen. The move was swiftly met with a pledge by the militants to retaliate against all UK and US interests. Bloomberg's Marc Champion discusses the escalation despite the reluctance of actors in the region to go to war and Jane Kinninmont, Policy and Impact Director at The European Leadership Network shares her views on the global context behind the developments.Plus, South Africa builds its case against Israel who it is accusing of committing genocide in Gaza at the International Court of Justice. Our legal editor Karin Matussek breaks down ongoing proceedings in The Hague. Hosted by James Woolcock and Caroline Hepker See omnystudio.com/listener for privacy information.
1/12/202425 minutes, 49 seconds
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Brexit's Aftershock: The Economic Hit From Leaving the EU

New analysis backed by Sadiq Khan says the UK's economy is £140bn smaller that it would have been without Brexit. Ben Gardiner, Chief Operations Officer at Cambridge Econometrics, tells us what their research shows about the economic shock of leaving the EU. Plus, we delve into the legal complexities of the Prime Minister's plan to address wrongful convictions in the Post Office scandal with our legal reporter Jonathan Browning. Hosted by Lizzy Burden and Stephen Carroll.  See omnystudio.com/listener for privacy information.
1/11/202426 minutes, 26 seconds
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Who's Delivering? Sunak Quizzed on Post Offices and Rwanda Policy

Prime Minister Rishi Sunak has announced a bill to exonerate and compensate former Post Office workers who were wrongfully convicted of theft and false accounting. In today's Prime Minister's Questions, Keir Starmer asks if Sunak's government has delivered on its other pledges. Plus: local government minister Simon Hoare says council should tap their emergency reserves to balance budgets. We discuss the idea with an expert in the field: Tony Travers, Professor in the School of Public Policy at the London School of Economics & Political Science. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
1/10/202425 minutes, 59 seconds
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Told You So: BlackRock Warns Bond Vigilantes Watching Election Pledges

 The world's largest asset manager BlackRock is warning that big spending pledges by politicians ahead of the election could spark a revolt in the bond market. Why the markets matter to politics is a theme on this podcast - so we've brought in our economics reporter Lucy White and Bloomberg Opinion columnist (and bond market expert) Marcus Ashworth for their analysis. Meanwhile, the Post Office accounting scandal is dominating conversations in Westminster. Reporter Sabah Meddings tells us what politicians want to happen next. Plus, our interview with the Chief Economist of the CBI business lobby, Louise Hellem, on the outlook for the financial services sector. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
1/9/202426 minutes, 12 seconds
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Eyes On Spies: China Accuses Consultant Of Espionage For MI6

China has accused the UK of training and equipping a foreign consultant based in the country to spy for MI6. It's part of Beijing's recent anti-espionage crackdown on consultancy companies, but the arrest raises wider questions about UK-China relations. Our senior UK government reporter Alex Wickham and Bloomberg TV anchor Tom Mackenzie, who lived in China for a decade, bring us their analysis. Conservative MP Tim Loughton, sanctioned by China in 2021 for speaking out on human rights abuses, tells us what he thinks the government should do next in its relationship with Beijing. Plus, opinion columnist Adrian Wooldridge on the risks posed by global elections this year. Hosted by Lizzy Burden and Stephen Carroll.  See omnystudio.com/listener for privacy information.
1/8/202426 minutes, 56 seconds
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Council Cash Crunch: Financial Troubles Loom Over Local Elections

The general election is now expected in the second half of the year, but many voters will go to the polls before that, for local and mayoral elections in May. The financial troubles facing local government - with Birmingham, Nottingham and Woking among councils effectively declaring bankruptcy - are sure to be an issue. We discuss the challenges with Cambridge University researcher Jack Shaw. Plus: our automotive editor Craig Trudell has been speaking to Technology and Decarbonisation Minister Anthony Browne about the government's plans to increase the take-up of electric vehicles, despite slowing sales. Hosted by Stephen Carroll and Yuan Potts.  See omnystudio.com/listener for privacy information.
1/5/202425 minutes, 57 seconds
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Bonding with Markets: Can Labour Woo the City?

Keir Starmer has fired the starting gun on Labour's general election campaign, with a speech in Bristol. Keeping the bond market on side will be key for both parties if they want to avoid the same fate as Liz Truss. Our reporter Ellen Milligan breaks down the Labour leader's speech, and we discuss what markets want to see from UK politics with Netwealth’s Gerard Lyons, formerly an external adviser to Truss. And we get the view of Bloomberg Opinion columnist John Authers.  See omnystudio.com/listener for privacy information.
1/4/202429 minutes, 42 seconds
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Striking Out: Doctors' Walkout Gives Sunak Health Headache

Junior doctors are beginning a six-day strike over pay today - their longest walkout in the history of the NHS. Deputy Chair of the British Medical Association Council, Dr Emma Runswick, tells us what progress they've made in negotiations with the government. Bloomberg's Eamon Farhat joins us to discuss how industrial relations have changed since the wave of strikes last year. Plus, the Conservatives are betting on economic growth to solve their election woes, but what do the markets think? Our opinion columnist Marcus Ashworth shares his take on investors' UK forecasts and how the Bank of England may influence the timing of the election. Hosted by Stephen Carroll and Yuan Potts.  See omnystudio.com/listener for privacy information.
1/3/202425 minutes, 58 seconds
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Low Orbit: Why The UK's Galactic Ambitions Are Struggling

 Political disarray and weak investment are being blamed for dashing hopes of what Boris Johnson once called a 'Galactic Britain'. Our tech reporter Tom Seal reports on why officials and space industry executives are frustrated. Investor James Bruegger of Seraphim Space explains what the sector wants now from government. Plus, the New Year started much like the old one ended for Rishi Sunak, with a focus on migration. Our UK government editor Stuart Biggs explains why the latest figures on small boat crossings are facing particular scrutiny. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
1/2/202425 minutes, 43 seconds
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Past, Present & Future: UK Politics in 2023 and Beyond

While the UK did manage to get through a whole year with just one Prime Minister, 2023 was no snooze-fest in British politics. From by-election wins to tax cuts and the scrapping of HS2, politicians have had their plates full. We're joined by Bloomberg's Political Editor Kitty Donaldson for a special episode recapping the biggest events of the year and what could be on the cards in 2024. Hosted by Caroline Hepker and Yuan Potts See omnystudio.com/listener for privacy information.
12/22/202325 minutes, 52 seconds
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Migration Matters: UK Voters and Immigration

Beyond the economy, the issue of migration has remained high on the list of what matters to voters. Bloomberg's Max Ramsay explains the European Union's new long-awaited deal on immigration and asylum. We also ask Baroness Catherine Ashton, the former EU high representative for foreign affairs if Europe is experiencing a shift to the right. Plus: Samuel Kasumu, a former special advisor to Boris Johnson, on British attitudes to immigration and identity. Hosted by Yuan Potts and Caroline Hepker. See omnystudio.com/listener for privacy information.
12/21/202325 minutes, 22 seconds
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Price Tags: Is Bank of England Policy More Costly than HS2?

High inflation and soaring interest rates mean the government could lose £126 billion on the Bank of England's bond buying program - more than the cost of HS2. With a surprise drop in inflation today increasing the chance of earlier interest rates cuts, could the economy perk up before the general election? Bloomberg's David Goodman separates fact from fantasy. Plus: Britain's stock market needs a reset, so says its regulator, the FCA. Their executive director Sarah Pritchard explains her plan for "the most far-reaching changes since the 1980s". Our finance reporter Will Shaw tells us if it will work. Hosted by Caroline Hepker, Yuan Potts, and Lizzy Burden. See omnystudio.com/listener for privacy information.
12/20/202326 minutes, 10 seconds
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Something To Sink Your Teeth Into: Dentistry, Debt and Disruptions to Trade

NHS dentistry has probably 'gone for good' according to a report by Nuffield Trust report. Something else suffering losses is Rishi Sunak's signature Covid investment fund, which is nearly £300 million in the red. Our Senior Economy Reporter Phil Aldrick unpacks what went wrong. Plus: senior MPs will be baring their teeth at the Liaison Committee today. Bloomberg's Tiwa Adebayo tells us what the Prime Minister might face questions on. Plus: how disruption to shipping could feed into price rises back home. Hosted by Caroline Hepker and Yuan PottsSee omnystudio.com/listener for privacy information.
12/19/202326 minutes
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Cameron's Shift: UK Calls for 'Sustainable' Gaza Cease-Fire'

Foreign Secretary David Cameron has signalled a subtle shift in the UK's view on a cease-fire in Gaza. The intervention, alongside Germany, follows the accidental shooting of three Israeli hostages by IDF forces. We speak to political analyst and managing director at The Henry Jackson Society Aliona Hlivco if this a turning point for Israel. Plus: Are UK courts in turmoil? Bloomberg's legal reporter Katherine Gemmell joins us to talk about the record backlogs plaguing the British legal system. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
12/18/202327 minutes, 26 seconds
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Rate And Review: What Politicians Can Take From The Bank of England Decision

The Bank of England held interest rates at a 15-year high, and said they won't come down any time soon. What are the implications of higher-for-longer rates for the next election? Our senior economics reporter Philip Aldrick joins us to discuss. Former BOE advisor Tony Yates tells us politicians risk hurting the bank's credibility with their criticisms. Plus: Rishi Sunak is considering a crackdown on teens' use of social media. Our tech reporter Thomas Seal has the details. Hosted by Lizzy Burden, Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
12/15/202326 minutes, 25 seconds
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Speaking From Experience: Labour's Margaret Beckett On Pre-Election Lessons

Former Foreign Secretary Margaret Beckett tells us her Labour colleagues should be cautious about making spending promises until they win a general election. We also hear from Treasury Select Committee Chair Harriett Baldwin on her report into sexism in the City.Plus: A new poll says trust in politicians has hit its lowest level in forty years. Ipsos UK and Ireland CEO Kelly Beaver tells us why voters have such little faith in their lawmakers. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
12/14/202325 minutes, 58 seconds
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Merry Making: Starmer's Christmas Criticisms

The final PMQs of the year felt a bit like panto season, with Labour leader Keir Starmer doing his best to paint the prime minister as the villain, despite Rishi Sunak winning a key vote on immigration. Plus: you might have missed it with all the focus on Westminster, but the UK economy is shrinking. Our senior economist Dan Hanson explains today's disappointing growth data and where interest rates might be headed in 2024. Hosted by Yuan Potts and Caroline Hepker. See omnystudio.com/listener for privacy information.
12/13/202326 minutes, 9 seconds
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ERG & Friends: Sunak's Fate In Hands of Right-Wing MPs

The Prime Minister is trying to win the support of hardliners ahead of a difficult vote on his Rwanda deportation bill. Our Political Editor Kitty Donaldson explains the stakes from Westminster. Reporter Ellen Milligan joins from Milton Keynes, where Keir Starmer has been speaking as he seeks to capitalise on what he calls the 'Tory psychodrama'. Plus: how influential is upstart TV channel GB News within the Conservative party? We ask the station's Editorial Director Michael Booker. Also: Lord Richard Harrington on how the UK can attract more foreign investment. Hosted by Lizzy Burden, Yuan Potts, Stephen Carroll. See omnystudio.com/listener for privacy information.
12/12/202331 minutes, 35 seconds
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Agents of Chaos: Covid Inquiry & Rwanda Vote Threaten Sunak's Grip On Power

Rishi Sunak is facing 48 hours of major political challenges: he's taking tough questions at the Covid Inquiry today, while two crucial groups of Tory MPs are deciding whether or not to back his Rwanda deportation bill. Our senior reporter Alex Wickham joins us to discuss. Plus: Nigel Farage is out of the jungle, but will he have an effect on the migration debates in Westminster? Tiwa Adebayo reports. We also look ahead to MPs grilling executives from Thames Water over the company's finances, with Bloomberg's Eamon Farhat. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
12/11/202325 minutes, 57 seconds
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A Broken Record: Why Migration Keeps Causing Tory Political Strife

The Conservatives seem unable to escape their party splits on migration. Despite "taking back control" of UK borders being central to the Brexit campaign, net migration figures have hit record highs. After a week where political wrangling over migration has thrown Rishi Sunak's premiership into peril, we ask economics professor and UK in a Changing Europe senior fellow, Jonathan Portes, about what the statistics tell us and why this issue continues to have such prominence. Plus: the Treasury Select Committee calls the government's flagship financial reforms a "damp squib". Our reporter Tom Rees tells us why. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
12/8/202328 minutes, 30 seconds
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Sunak Scrambles as Tories Crack: Conservatives Divisions Grow... Again

Rishi Sunak has tried to reassert control of his party and his migration policy in held a hastily-arranged press conference at Downing Street, following the resignation of Immigration Minister Robert Jenrick. Our UK Political Editor Kitty Donaldson gives us her reaction to Sunak's comments, and whether the vote on the Rwanda deportation bill next week now looks like a confidence vote. Plus, we get analysis from Gavin Megaw of communications firm Hanover Group on how the Prime Minister sold his message. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
12/7/202325 minutes, 28 seconds
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Boris Says Sorry: Former PM Apologises at Covid Inquiry

Former Prime Minister Boris Johnson has apologised to victims and their families "for the pain and the loss and suffering" they experienced during the pandemic. Our reporter Emily Ashton tells us what he had to say on his first day of evidence to the Covid Inquiry and what it might mean for his legacy. Plus: Prime Minister's Questions focuses on the government's new deportation treaty with Rwanda, as Keir Starmer tries to poke holes in the agreement signed yesterday. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
12/6/202329 minutes, 28 seconds
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One Plane Lands in Rwanda: James Cleverly's Treaty Plan

Rishi Sunak has promised his government will start flying asylum seekers to Rwanda to be processed before the next election. But the only UK government plane landing there today was carrying the Home Secretary James Cleverly, who's trying to salvage the plan. Our East Africa Correspondent Ondiro Oganga is following the trip from Kigali. Before he left, Cleverly announced sweeping changes to visa requirements for people trying to legally move to the UK. Ben Brindle from the University of Oxford's Migration Observatory discusses the significance of the changes. Plus: a company in hot water. Bloomberg's Jess Shankleman explains how a flood of concerns over Thames Water is soaking up attention in Westminster. Hosted by Lizzy Burden and Yuan Potts. See omnystudio.com/listener for privacy information.
12/5/202325 minutes, 52 seconds
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Coming Into View: The Resolution Foundation’s Plan for Growth

Keir Starmer is making his first economic speech since the Autumn statement, where he's expected to set out Labour's economic strategy. The Leader of the Opposition is speaking at the launch of the Resolution Foundation's Economy 2030 Inquiry. The think tank says Britain is suffering from fifteen years of stagnation, making the average household £8,000 worse off than similar countries.  Resolution Foundation Research Director Greg Thwaites and Bloomberg senior economy writer Philip Aldrick join us to discuss how Britain can catch up with its economic peers. Hosted by Lizzy Burden and Caroline Hepker. See omnystudio.com/listener for privacy information.
12/4/202327 minutes, 33 seconds
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Hate Crimes Surge in Wake of Gaza War

Reports of crimes targeting Jews, Muslims and Arabs have risen around the world in since the Oct. 7 Hamas attack on Israel, and the Israeli military’s retaliatory operation in Gaza. While previous conflicts in the Middle East also sparked a backlash outside the region, this time it is more intense and the wave of hate may be far from cresting, according to advocacy groups, former law enforcement officials and analysts. In this Bloomberg Radio special report, Stephen Carroll examines how these communities are confronting a global surge in hate speech and hate crimes.See omnystudio.com/listener for privacy information.
12/2/202324 minutes, 26 seconds
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Sunak Plays Good COP: PM's £1.6bn Climate Pledge

Rishi Sunak is pledging £1.6 billion for climate projects, but will it be enough to restore the UK's green credentials at the COP 28 climate summit? Our Senior Executive Editor for Energy and Commodities, Will Kennedy joins us from Dubai to discuss. We reflect on the life of former Chancellor Alistair Darling with former Labour strategist Alastair Campbell, and Bloomberg economist Dan Hanson, who worked with Darling at the Treasury. Plus: The Greek Prime Minister Kyriakos Mitsotakis still hasn't spoken to Rishi Sunak after a cancelled meeting left a bad impression. We digest Bloomberg's exclusive conversation with him. Hosted by Lizzy Burden and Stephen Carroll.  See omnystudio.com/listener for privacy information.
12/1/202326 minutes, 5 seconds
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All About The Money: Saving The Council and The Planet

COP28 kicks off today with both Keir Starmer and Rishi Sunak in attendance. Bloomberg's Ellen Milligan talks us through government plans to help fund the environmental transition and a potential tussle for influence between the opposition leader and Prime Minister. The money problems don't end there: Nottingham City Council is the latest local authority to go bust. Can regional leaders be trusted to look after their finances? We speak to Councillor Stephen Houghton, Chair of the Special Interest Group of Municipal Authorities. Plus: The Chancellor's Economic Advisory Council has been disbanded just a year after its creation. Bloomberg's senior economics reporter Philip Aldrick joins us to delve into the reasons behind the decision. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
11/30/202326 minutes, 35 seconds
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Turning The Page: Rain Newton-Smith On The CBI's New Chapter

It's been six months since Rain Newton-Smith was re-hired by the Confederation of British Industry and promoted to director general following a series of scandals. We speak to the her about steering the organisation through choppy waters, earning the ear of government and women in leadership. Plus: the highlights of a lively PMQs, as Keir Starmer quizzes the Prime Minister about a spat with Greece and soaring immigration numbers. Hosted by Yuan Potts and Caroline Hepker.See omnystudio.com/listener for privacy information.
11/29/202329 minutes, 37 seconds
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Slipping On Marbles: Greek PM 'Annoyed' by Sunak Cancelling Meeting

Greece's Prime Minister, Kyriakos Mitsotakis, has expressed his "annoyance" after Rishi Sunak cancelled a meeting with him, apparently over comments the Greek leader made about the Parthenon marbles. Is this a minor drama or a major tragedy? Our Athens bureau chief Sotiris Nikas gives us the view from Greece. Plus: science minister Andrew Griffith on the drive for more investment into the life sciences industry, and Digital Catapult CEO Jeremy Silver on how the UK is competing with its neighbours for funding for smaller firms. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
11/28/202325 minutes, 39 seconds
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The Rishi Sunak Interview: PM Tells Bloomberg Austerity Claims Are 'Unfounded'

We ask the Prime Minister about tax cuts, tackling small boats and fighting antisemitism. He speaks to Bloomberg's Francine Lacqua ahead of the government's Global Investment Summit, and we get analysis from our UK government reporter Joe Mayes.Plus: Some in Westminster think too much power is concentrated in the hands of the Bank of England. George Bridges, chair of the House of Lords Economic Affairs Committee, joins us to discuss his report on the future of the Old Lady of Threadneedle Street. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
11/27/202328 minutes, 12 seconds
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Inflated Problems: Will Treasury Tax Cuts Fuel Price Rises?

The Bank of England continues to worry about "stubborn" price pressures, but is the government's economic policy making their job harder? We delve into the consequences of Jeremy Hunt's tax cuts with our UK politics reporter Joe Mayes, and founder of Tax Policy Associates Dan Neidle. Plus: Rishi Sunak has pledged to reduce the level of migration, but new figures show it's near a record high. Madeleine Sumption, director of The Migration Observatory at the University of Oxford joins us to discuss the factors behind the rise. Hosted by Caroline Hepker and Yuan Potts.  See omnystudio.com/listener for privacy information.
11/24/202326 minutes, 18 seconds
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Tomorrow's Economy, Today: How The Autumn Statement Sets The Scene For Labour

The dust is still settling on Jeremy Hunt's Autumn Statement, but what do his choices mean for Labour as it looks to form the next government? We have analysis from our senior UK economist Dan Hanson and Money Distilled columnist John Stepek. Plus: the director of think tank Labour Together, Josh Simons, on exactly how the opposition is weighing tough choices on tax and spending. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
11/23/202326 minutes, 9 seconds
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Making A Statement: Hunt Announces Tax Cuts As Growth Forecast Slashed

The Chancellor used the Autumn Statement to announce tax cuts for businesses and workers, including a larger-than-expected cut in the rate of National Insurance. The government's improved financial position was overshadowed, however, by the Office for Budget Responsibility cutting its economic growth forecast for next year to 0.7%. We bring you highlights from the speeches by Jeremy Hunt and Rachel Reeves, plus analysis and market reaction from Bloomberg's Sam Unsted. Hosted by Stephen Carroll, Caroline Hepker and Yuan Potts.  See omnystudio.com/listener for privacy information.
11/22/202320 minutes, 31 seconds
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Can Hunt Make Work Pay? The Debate Over Benefits & Taxes

Westminster is abuzz with speculation about tax cuts after Prime Minister Rishi Sunak said he's shifting his attention from inflation to the tax burden. There's also another economic reality that's been troubling the government since they took office: Britain's labour market malaise. We dig into the issue of welfare reform and how to get people back into work, with the head of IPPR's Commission on Health and Prosperity Chris Thomas and Institute for Employment Studies Director Tony Wilson. Hosted by Caroline Hepker, Yuan Potts and Lizzy Burden.  See omnystudio.com/listener for privacy information.
11/21/202325 minutes, 59 seconds
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Tax Cut Temptation: Sunak Promises 'Careful' Reductions Ahead of Autumn Statement

Prime Minister Rishi Sunak says his government can begin to cut taxes after hitting his goal to halve inflation this year, but how much can the Chancellor afford in this week's Autumn Statement? We get the view of two leading economists, and hear what business wants with the CEO of the Confederation of British Industry, Rain Newton-Smith. Also in the show: six Conservative MPs have raised national security concerns about a bid to buy the Telegraph newspaper. Our media reporter Thomas Seal has the latest. Hosted by Stephen Carroll and Caroline Hepker.See omnystudio.com/listener for privacy information.
11/20/202325 minutes, 57 seconds
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Autumn Anticipation: Will the Chancellor Find a Rabbit In His Fiscal Hat?

After a tumultuous week, Rishi Sunak will be hoping next Wednesday's Autumn Statement will prove a turning point for his leadership. Our government reporter Joe Mayes and senior economics reporter Philip Aldrick have the inside scoop on what to expect. Also in the show: what makes a great political speech? Jessica Cunniffe, who wrote for two prime ministers, and political theory professor, Alan Finlayson, join us to discuss. Plus: Nigel Farage heads to the jungle for his reality TV moment. Tiwa Adebayo reports. Hosted by Stephen Carroll and Yuan Potts.See omnystudio.com/listener for privacy information.
11/17/202331 minutes, 9 seconds
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Rebellion In The Air: Sunak And Starmer’s Separate Challenges

There's rebellion in the air in Westminster. Rishi Sunak is facing an uprising of right-wing MPs over his thwarted Rwanda deportation plan, while Keir Starmer is looking at the biggest challenge to his authority since he became leader, with more than 50 MPs voting against the Labour position on an Israel-Hamas ceasefire. Our Political Editor Kitty Donaldson tells us how the day played out in the corridors of the House of Commons, and political science professor Rob Ford gives us his analysis. Plus: Bank of England policymaker Megan Greene tells Bloomberg the hard work on bringing down inflation must continue. Hosted by Yuan Potts and Stephen Carroll See omnystudio.com/listener for privacy information.
11/16/202328 minutes, 50 seconds
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Supreme Court Says No: Rwanda Deportation Plan Ruled Illegal

The Supreme Court has ruled that the government's policy on deporting asylum seekers to Rwanda is unlawful. Our legal reporter Jonathan Browning explains what the ruling means for Rishi Sunak's pledge to cut illegal migration. Former Attorney General Dominic Grieve tells us MPs proposing to get around the ruling by excluding the UK's international legal obligations are "living in a fantasy world". Plus: the highlights of this week's PMQs. Hosted by Caroline Hepker and Yuan Potts.See omnystudio.com/listener for privacy information.
11/15/202329 minutes, 55 seconds
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Cameron's Baggage: New Foreign Secretary's Legacy of Brexit, China & Greensill

Rishi Sunak's refreshed cabinet meets today, but does the presence of new Foreign Secretary David Cameron bring back bad memories? We've assembled our own top team to look at the biggest questions raised by the former PM's return: Government Editor Alex Morales, City Editor Katherine Griffiths and Bloomberg TV anchor Tom Mackenzie join us. Also in the show, Bloomberg's reporting that London councils have spent hundreds of millions of pounds buying houses outside their local areas to ease the homelessness crisis. Our Corporate Finance Czar Neil Callanan has the details. Hosted by Stephen Carroll and Caroline Hepker.  See omnystudio.com/listener for privacy information.
11/14/202326 minutes, 35 seconds
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A Shock Return: Cameron In, Braverman Out

Rishi Sunak has named former Prime Minister David Cameron as foreign secretary, a shock move after firing Home Secretary Suella Braverman. Bloomberg's David Merritt and Alex Wickham join us to discuss the reshuffle, which also saw James Cleverly become Home Secretary. Plus: Hanover Communications guru and former Conservative Party press officer Gavin Megaw on how Rishi Sunak will need to sell his changes to backbench MPs and the electorate. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
11/13/202325 minutes, 40 seconds
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Braverman's Bravado: Has The Home Secretary Crossed A Line?

Suella Braverman's newspaper article criticizing the police has rounded off a week of controversy for the Home Secretary. But how should the Prime Minister respond? We get a view from Tony Blair's former political secretary John McTernan, now a senior adviser at BCW. He says it's better to sack Braverman now than be forced to do it later. Plus: How can the government help startups to grow the economy? Bloomberg's Stephen Carroll asks the president of the British Chambers of Commerce, Martha Lane Fox, and serial entrepreneur and investor Pete Flint. Hosted by Bloomberg's Caroline Hepker and Yuan Potts.  See omnystudio.com/listener for privacy information.
11/10/202326 minutes, 36 seconds
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Hard Charging: Protests, Driverless Cars and Roaming Charges

 Home Secretary Suella Braverman has been talking tough again over this weekend's planned march by pro-Palestinian supporters in London. We discuss what it means for the Prime Minister, the Met Police and voters, with Bloomberg's UK politics reporter Emily Ashton. Plus: driverless cars and roaming charges present opportunities and pitfalls for politicians. Our tech reporters Alex Webb and Thomas Seal reveal all. Hosted by Bloomberg's Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
11/9/202325 minutes, 56 seconds
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Loose Change: Sunak Says Debt Is Falling, But It's Not

Rishi Sunak says the UK's debt is falling - one of his five key pledges. Only one problem: it isn't. Our Senior UK Economist Dan Hanson explains the current trajectory for government borrowing, and why it doesn't fit into the PM's narrative. Also in the show: a Labour shadow minister resigns over the party's position on the Israel-Hamas war. Our UK Political Editor Kitty Donaldson tells us what it means for Keir Starmer. Plus: Chief Economist Tom Orlik on the threats to the global economy being discussed at Bloomberg's New Economy Forum. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
11/8/202326 minutes, 1 second
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King's Speech: No Surprises in Government Agenda As Tories Eye Election

 The King's Speech laid out the government's lawmaking agenda in the run-up to the next election, with announcements around crime and policing, housing, oil and gas drilling and more. Our senior reporter Alex Wickham joins us to discuss why the speech might appear unambitious, and could pose problems for Prime Minister Rishi Sunak. Plus: as James Cleverly and Grant Shapps join the G-7 meeting in Japan to discuss the conflict in the Middle East, we hear from our reporter Fares Akram, who's been speaking to people in Gaza about what life is like there, one month into the war between Israel and Hamas. Hosted by Bloomberg's Caroline Hepker and Stephen Carroll See omnystudio.com/listener for privacy information.
11/7/202325 minutes, 56 seconds
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Labour's Economic Policy Engine: A Roadmap To Growth

 While Bloomberg Economics says the UK economy is likely already in recession, the Labour Together think-tank - set up by MPs including Rachel Reeves - is thinking about the future. Its Chief Economist Kevin Ferriter joins us in studio to tell us about how the party could boost home building and attract private investment. Back in the present, business groups are calling on the Chancellor to do more to help them in the Autumn Statement. Our senior economy reporter Philip Aldrick has the details. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
11/6/202326 minutes, 31 seconds
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Cultured Consumers: UK Voters Rebel Against 'Culture Wars'

 According to new polling, Britons think politicians are exploiting culture wars. Bloomberg's Julian Harris compares the situation to the US, where even the most important issues can be dragged into a polarized debate. Plus: after a gloomy forecast from the Bank of England, what's the outlook for consumers? John Stepek, author of Bloomberg's Money Distilled newsletter, says there are some reasons for optimism. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
11/3/202326 minutes, 54 seconds
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Bad Covid Memories: Inquiry Evidence Brings Uncomfortable Truths For Government

This week's evidence to the Covid-19 inquiry has brought uncomfortable reminders of the chaos in government during the pandemic. Our reporter Emily Ashton takes us through what's been said, and what it means for Prime Minister Rishi Sunak. Plus, Elon Musk may have been the biggest star at the AI Safety Summit, but what counts as success for the government? Bloomberg editorial writer Therese Raphael joins us to discuss. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
11/2/202326 minutes, 10 seconds
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AI Safety Dance: Sunak Seeks To Place UK At Heart of Tech Conversation

Rishi Sunak has gathered big-name technology executives, including Elon Musk, for a summit on the safety of artificial intelligence. While politicians including Italy's Georgia Meloni and US Vice-President Kamala Harris are also attending, it's notable how many world leaders have skipped the event. Lizzy Burden and Tom Mackenzie are at Bletchley Park - home of World War II code breaking - with guests including Deputy Prime Minister Oliver Dowden. We also bring you interviews with two CEOs working in the AI space: Aidan Gomez of Cohere and Vishal Marria of Quantexa. See omnystudio.com/listener for privacy information.
11/1/202326 minutes, 8 seconds
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A Divided Party: Starmer Attempts to Bridge Israel-Gaza Rift

Keir Starmer has set out his stance on the Israel-Hamas war in a speech aiming to placate conflicting views within his party. Bloomberg's Alex Morales explains why Starmer made the speech and what he hoped to achieve. With the idea of a 'ceasefire' now a polarizing issue, Director of the British Future think tank Sunder Katwala joins to discuss if there is any common ground, and how politicians can find it. Hosted by Caroline Hepker and Lizzy BurdenSee omnystudio.com/listener for privacy information.
10/31/202326 minutes, 6 seconds
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Ground Offensive Begins: Israel-Hamas War Impact on UK Politics

We hear from a key adviser to Israel Prime Minister Benjamin Netanyahu as the country's military carries out its ground offensive into Gaza. In the UK, major protests and growing calls for humanitarian aid are reshaping Britain's political divides. Bloomberg's James Woolcock examines how the Sunak government and Labour party are responding. Plus: three weeks before the Autumn Statement, the Institute for Government say Britain's public services are stuck in a 'doom loop'. Their senior researcher Stuart Hoddinott explains. Hosted by Caroline Hepker and Yuan Potts.  See omnystudio.com/listener for privacy information.
10/30/202326 minutes, 3 seconds
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Not Calling For a Ceasefire: Labour Struggles on Israel & Gaza

Some Labour MPs, councillors, and even the Mayor of London Sadiq Khan are unhappy with the party's leadership not calling for a ceasefire in the Israel-Hamas war. Could it affect support for the party among Muslim voters? YouGov's Patrick English joins us to discuss. Plus: Savvy savers moving their money around is causing headaches for UK banks. Our Finance Managing Editor Tom Metcalf tell us why, and also updates us on the latest from NatWest on the controversy around Nigel Farage's account. Hosted by Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
10/27/202325 minutes, 55 seconds
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Getting Smart About AI: PM Urges Restraint On Rules

The Prime Minister says world leaders should hold back from regulating artificial intelligence until they've fully understood it. Connor Leahy, CEO of AI safety startup Conjecture, welcomes the UK's AI summit, but tells us that strategy is way too risky. Plus: the Chancellor Jeremy Hunt is pushing the pensions industry get on with reforms aimed at boosting investment in British companies and projects. Our City Editor Katherine Griffiths explains some of the challenges around the plans. Hosted by Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
10/26/202325 minutes, 55 seconds
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Around the Houses: Starmer and Sunak Avoid Israel at PMQs

Keir Starmer and Rishi Sunak both face growing internal dissent from MPs worried about a humanitarian crisis in Gaza. Ahead of Labour talks with Muslim backbenchers later today, Starmer chose to focus on housing in today's PMQs. Plus: one year on from entering Number 10, Bloomberg's David Goodman on how financial markets have viewed Sunak's time in office. And we hear from Deputy Prime Minister Oliver Dowden about the government's coming AI summit. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
10/25/202326 minutes, 5 seconds
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How Do You Measure A Year? Mixed Economic Signals, 12 Months Into Sunak's Leadership

It's been a year since Rishi Sunak was chosen as leader of the Conservative Party, after the chaotic premiership of Liz Truss. In his victory speech last October, Sunak talked of a "profound economic challenge" facing the UK. A year on, we unpack the latest data on jobs and the economy with our Europe economist Ana Andrade. Plus, a warning from the boss of Centrica, the parent company of British Gas, that "the worst is still the come" on consumer energy debts. Energy reporter Priscila Azevedo Rocha joins us with the details. Hosted by Stephen Carroll and Yuan Potts.See omnystudio.com/listener for privacy information.
10/24/202326 minutes, 13 seconds
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Turn it Off and On Again: Can the UK's AI Summit Make it a Tech Leader?

Rishi Sunak is keen to pitch the UK as a switched-on tech trendsetter. But one week from the government's flagship AI summit, can the PM achieve his ambitions? Reporter Mark Bergen tells us the UK is a leader is some sectors, but there are plenty of challenges. Plus: the Renters Reform Bill, which will abolish 'no fault' evictions is debated by MPs after being heavily delayed. Some Tory backbenchers are reported to be unhappy at the plans. We ask Bloomberg's Damian Shepherd what they will mean for tenants, landlords and the housing market. Hosted by Stephen Carroll and Yuan Potts.  See omnystudio.com/listener for privacy information.
10/23/202326 minutes
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Record Breakers: Labour's By-Election Landslide

The Labour party have overturned the largest majority in modern UK political history, taking what were thought of as Conservative safe seats in Tamworth and Mid Bedfordshire. Pollster and Founding Director at JL Partners Tom Lubbock takes us through the results, while Bloomberg's James Woolcock discuss how the political weight has increasingly shifted in Labour's favour. Plus: the Israel-Hamas war has caused racial hate crimes to skyrocket in Britain. Our reporter Ellen Milligan talks about her story looking at the conflict's fallout on British Jews and Muslims. Hosted by Lizzy Burden and Caroline Hepker  See omnystudio.com/listener for privacy information.
10/20/202325 minutes, 56 seconds
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Frantic Israel Diplomacy: Can War be Contained?

Prime Minister Rishi Sunak is in Israel, as Western leader try to calm fears of wider conflict. Our EMEA News Director Rosalind Mathieson explains the rapidly shifting positions in the Middle East and how leaders are trying to prevent escalation. Plus: London has taken back its crown as Europe's largest stock market. Joe Easton reveals if its worthy of a Post-Brexit Good News klaxon. Hosted by Caroline Hepker and Lizzy BurdenSee omnystudio.com/listener for privacy information.
10/19/202326 minutes, 26 seconds
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A Sombre Affair: Parliament Reacts to the Israel-Gaza War

Prime Minister Rishi Sunak and Labour Leader Keir Starmer dispense with the usual jokes and barbs to take a solemn tone as the pair seek common ground on the humanitarian crisis. Economy reporter Lucy White joins to remind us there's still the issue of Rishi Sunak's five pledges with inflation data out today. Hosted by Caroline Hepker and Lizzy Burden.  See omnystudio.com/listener for privacy information.
10/18/202326 minutes
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NIMBY or YIMBY? Housing Policy and IFS's Fiscal Bind

With conference season nearly winding down, attention in Westminster is turning to the big event of the autumn: the fiscal statement. The Institute of Fiscal Studies is looking ahead to what Chancellor Jeremy Hunt might do, it warns Britain is in a “horrible fiscal bind”. Our Economy reporter Tom Rees joins to explain why. Labour's flagship policy response: build more houses and overrule people saying 'Not In My Back Yard' (NIMBY). Former Bank of England Economist Kate Barker led a review into housing supply 20 years ago. She talks to us about her view on Keir Starmer's plans and how much economic growth they really can achieve. Hosted by Lizzy Burden and Caroline Hepker.  See omnystudio.com/listener for privacy information.
10/17/202325 minutes, 19 seconds
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MPs Debate Middle East; Labour's Investment Plans

Parliament's back, with MPs returning to Westminster for the first time since the Israel-Gaza war began. As Rishi Sunak prepares to take questions on his government's stance, Bloomberg's Marc Champion outlines the fears in the West that the war could spiral. Our Managing Editor Adam Blenford discusses the united response from Labour and the Conservatives and Keir Starmer's internal challenges on the issue. Plus: who's crunching the numbers Labour's investment plan? Bloomberg is. Our economist Ana Andrade thinks the party could potentially boost GDP growth by 3% if it matches other G-7 countries on public investment. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
10/16/202326 minutes, 3 seconds
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Game On For the UK: Regulator Approves Microsoft Mega-Takeover

The world's biggest-ever video games deal is set to go ahead after the UK regulator gave it the green light. We ask the Competition and Markets Authority CEO, Sarah Cardell, why the watchdog changed its mind about Microsoft's $69 billion takeover. Our legal reporter Katharine Gemmell bring us her analysis. Plus: what would you change about the UK's tax system? We get the view of the head of the Institute for Fiscal Studies, Paul Johnson. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
10/13/202325 minutes, 49 seconds
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Data And Diplomacy: Economic Growth & Cleverly in Israel

After three eventful party conferences, we're back in the studio with a look at two major policy issues. The latest economic data shows a return to weak growth in August, but our Senior UK Economist Dan Hanson tells us the outlook remains gloomy. Plus: as the Foreign Secretary James Cleverly visits Israel, we discuss the implications of the conflict with Hamas for the wider Middle East with Lebanon's Ambassador to the UK, Rami Mortada, military strategy expert Frank Ledwidge and Bloomberg's EMEA News Director Rosalind Mathieson. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
10/12/202326 minutes, 46 seconds
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Starmer Sparkles: Labour Leader Passes Conference Test

Keir Starmer's speech to the Labour party conference was met with acclaim from supporters, but will it convince voters? Hosts Caroline Hepker and Lizzy Burden break down the tone, policy ideas, glitter and reaction to the keynote address with reporter James Woolcock and YouGov Associate Director Patrick English. Plus: Lord Peter Mandelson gives his assessment of where Labour needs to focus its policies in the run-up to the election. See omnystudio.com/listener for privacy information.
10/11/202337 minutes, 11 seconds
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A Pitch For Power: Labour's Big Policy Tent

It's Keir Starmer's big day at the Labour party conference, with his keynote address focusing on plans to rebuild the economy if he wins the next election. We've been speaking to Shadow Chancellor Rachel Reeves, TUC General Secretary Paul Nowak and Labour Together Director Josh Simons about the party's vision, and bring you analysis from Bloomberg Opinion's Therese Raphael. Plus: Shadow Housing Minister Matthew Pennycook on Labour's plans to build more homes. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
10/10/202331 minutes, 52 seconds
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Labour's Israel Response: Party Conference Overshadowed by Middle East Violence

The Labour party is focusing on business policy at its conference today, but the event has been overshadowed by the weekend attacks in Israel. Keir Starmer's comments in support of Israel illustrate how much Labour has changed under his leadership. We speak to former MP Luciana Berger, who left the party in 2019 over its handling of anti-Semitism. Plus: our interview with the Shadow Chief Secretary to the Treasury, Darren Jones. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
10/9/202326 minutes, 25 seconds
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Thistles and Roses: Labour's Scottish Election Boost

Labour's Michael Shanks stormed to victory in the by-election in Scotland's Rutherglen and Hamilton West constituency, providing a boost to Keir Starmer heading into his party conference this weekend. Our UK government editor Alex Morales tells us what the win means for Labour in Scotland, and what to expect from the Liverpool conference. Meanwhile, the Prime Minister has been in Spain discussing migration with leaders including Italy's Georgia Meloni. We ask Bloomberg's Alessandra Migliaccio in Rome if the Italian leader is a good ally for Rishi Sunak. Hosted by Stephen Carroll and Caroline Hepker.See omnystudio.com/listener for privacy information.
10/6/202326 minutes, 22 seconds
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Dividing Lines: Will Rail Plans be Sunak's Ticket to Victory?

Rishi Sunak's HS2 announcement has seen plenty of criticism. We discuss how the PM's decision will be seen in 12 months' time with an election due. Can the PM keep business and donors on board? We speak to the billionaire founder of Phones4U and former Tory donor, John Caudwell. Hosted by Yuan Potts and Caroline Hepker. See omnystudio.com/listener for privacy information.
10/5/202331 minutes, 24 seconds
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Marrying Policy & Politics: Rishi Sunak's Conference Speech

It was Rishi Sunak's big moment at the Conservative Party conference. After being introduced by his wife, the Prime Minister confirmed that the Birmingham-Manchester leg of HS2 won't go ahead, with £36 billion instead to be invested in transport projects across Britain. We bring you analysis from the conference in Manchester. Plus: Defence Secretary Grant Shapps on support for Ukraine, and we speak to Conservative peer and pollster Robert Hayward about tomorrow's by-election in Scotland. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
10/4/202322 minutes, 50 seconds
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Derailed: HS2 Sends Tory Conference Off Track

The backlash over expectations Rishi Sunak will scrap the Birmingham-Manchester leg of HS2 is overshadowing the third day of the Conservative Party conference. In this special episode, we hear from housing minister Rachel Maclean, former Levelling Up Secretary Greg Clark, Anthony Browne MP and Adam Hawksbee of think tank Onward. Plus, our political reporter Ellen Milligan on the latest Cabinet discussions and the atmosphere among Tories in Manchester. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
10/3/202333 minutes, 3 seconds
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Tory Tax Trouble: Jeremy Hunt, Andy Burnham & More from Conservative Conference

The Chancellor, Jeremy Hunt, tells Bloomberg there's no money for tax cuts, but leading party figures including Michael Gove and Liz Truss want them anyway. In this special episode from the Conservative Party conference in Manchester, we bring you our interview with Hunt, plus reaction from Greater Manchester Mayor Andy Burnham. MP Bob Blackman tells us about the mood of the party on the backbenches, and our political reporter Joe Mayes looks at the challenges the Tories are facing. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
10/2/202335 minutes, 9 seconds
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Middling Along: Growth Data Gives Pre-Conference Boost to Sunak

The economy is stronger than previously thought, with revised figures placing the UK fifth among G-7 economies in terms post-Covid recovery. It's a boost to the Prime Minister ahead of the Conservative party conference. Our senior economy reporter Philip Aldrick tells us what's driving the change, and whether the government can really claim credit. Plus: the UK has big ambitions for its Artificial Intelligence summit in November, but how difficult will it be define rules for this fast-evolving technology? Our technology editor Nate Lanxon has the details. Hosted by Lizzy Burden, Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
9/29/202326 minutes, 23 seconds
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Your Local PM: Sunak Gets Radio Grilling Over HS2

Rishi Sunak has been doing the rounds on local radio interviews, where he was asked tough questions about the future of HS2. We discuss the Prime Minister's performance with our UK government editor Stuart Biggs. Falling house prices could become another election issue. Zoopla's Richard Donnell tells us buyers are getting bigger discounts, particularly in London. Plus: a big story from the London financial world that's giving policymakers food for thought. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
9/28/202326 minutes, 5 seconds
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Who is Keir Starmer? The Profile of a Leader

What do we really know about Keir Starmer? Bloomberg has an in-depth profile of the Labour leader ahead of next month's party conference. Our political editor Kitty Donaldson joins us with details. Plus, Labour MP Liam Byrne on Starmer, Labour's policy ambitions, and why he wants to become chair of the Business and Trade Committee. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
9/27/202335 minutes, 26 seconds
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Making Headlines: Lib Dems Take the Stage, Telegraph Buyers Line Up

For the Liberal Democrats, conference is one of their best chances to make the news. Their Deputy Leader Daisy Cooper joins to discuss how many seats the party is targeting at the next election, how it will deliver on housebuilding and whether it will make the pro-European case. The Lib Dems are not the only ones trying to influence the press. We discuss the buyers lining up to bid for the Telegraph newspaper. Industry Minister Nus Ghani talks to Bloomberg's Ellen Milligan from Seattle where she's signing a trade deal with Washington state. Plus, the CBI's Chief Economist, Louise Hellem on the Autumn Statement. Hosted by Caroline Hepker and Yuan Potts.  See omnystudio.com/listener for privacy information.
9/26/202328 minutes, 43 seconds
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Signal Failure: Former HS2 Chair On Scaling Back Fears, Plus Lib Dems' Conference

The former chairman of HS2, Allan Cook, tells us the government wavering over completing major infrastructure projects sends the wrong signal and damages Britain's reputation. Plus: our reporter Ellen Milligan joins us from the Liberal Democrats' conference in Bournemouth, to discuss the party's election ambitions, and its relationship with Labour. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
9/25/202325 minutes, 55 seconds
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A Mini-versary: One Year On From Truss's Fiscal Fiasco

It's been a year since the 'mini-budget' under Liz Truss and Kwasi Kwarteng, which led to a crisis in bond markets and the demise of her premiership. We speak to Mark Littlewood of the Institute of Economic Affairs, one of the people who helped inspire Trussonomics, and get analysis from Bloomberg's David Merritt and Marcus Ashworth. Plus: Bloomberg's interview with the Chancellor Jeremy Hunt on inviting China to the government's AI summit. Also in the show, our senior reporter Alex Wickham briefs us on what this week's green policy move tells us about the Conservative election strategy. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
9/22/202331 minutes, 4 seconds
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Zeroing In: Sunak's Green U-Turn

As details of Rishi Sunak's rollback of green-energy policies emerges, we speak to Stonehaven's Adam Bell. The former head of energy strategy in government's business department says the plan will signal the UK is 'unserious' about its net zero commitments and cannot be banked on. Plus, the response of car manufacturers with Mike Hawes CEO of the SMMT. And Lizzy Burden joins to discuss some rare good news for the government. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
9/20/202325 minutes, 50 seconds
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Debanking Debunked? The Farage FCA Report, Plus Starmer Meets Macron

The Financial Conduct Authority has found no evidence of banks dropping customers for their political views. Our finance reporter Will Shaw brings us the details, and reaction from Nigel Farage. Plus: securing closer trading ties with the EU may be harder than Keir Starmer thinks, according to a new report by think tank, The UK in a Changing Europe. We speak to its researcher Jannike Wachowiak. We also look ahead to tomorrow’s inflation data – a potential turn for the worse. Hosted by Stephen Carroll and Lizzy Burden.See omnystudio.com/listener for privacy information.
9/19/202325 minutes, 39 seconds
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Smoked Salmon And Liz Truss: Labour's Business Offensive, and Former PM's Defensive

Labour's efforts to charm business appear to be working, according to a new Bloomberg survey of financial professionals. We discuss Keir Starmer's latest comments on tax and relations with the EU. Our UK Political Editor Kitty Donaldson joins us fresh from attending a Q&A with former PM Liz Truss on her time in office. Plus: with London Fashion Week underway, Helen Brocklebank of luxury industry body Walpole tells us why they want action from the government on tax-free shopping. Hosted by Lizzy Burden, Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
9/18/202325 minutes, 31 seconds
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Derailed and Driverless: HS2 Signal Failure & Tech Darling CEO Gives Ultimatum

Rishi Sunak and Jeremy Hunt are considering scaling back the HS2 rail project as they prepare the Autumn Statement. Henri Murison, CEO of the Northern Powerhouse Partnership, says businesses in the North of England are much more interested in Labour's position on the issue. Our senior reporter Alex Wickham discusses Rishi Sunak's hopes of rebooting his premiership, and Alex Kendall, CEO of the driverless tech startup Wayve tells us the government needs to move faster on regulation or risk losing their business. Hosted by Stephen Carroll, Lizzy Burden and Caroline Hepker. See omnystudio.com/listener for privacy information.
9/15/202326 minutes, 45 seconds
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The Theresa May Interview: Former PM On Brexit, China And The Future Of Politics

 It’s been more than four years since Theresa May stepped down as Prime Minister, after a premiership dominated by Brexit and massive political turmoil. She’s been reflecting on her time in office with Bloomberg’s Francine Lacqua. She gives her view on the UK’s relationship with China, and why she’s worried about the future of politics. We bring you the full interview - plus analysis from Francine of the key moments from the conversation. Hosted by Stephen Carroll. See omnystudio.com/listener for privacy information.
9/14/202328 minutes, 21 seconds
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Growth and Growers: Treasury & Agriculture Ministers Seek Green Shoots

We speak to two government ministers about how they're trying to boost the economy. After the latest growth figures were worse than expected, Exchequer Secretary to the Treasury, Gareth Davies tells us why he thinks the UK will avoid a recession. Meanwhile, will a push to 'Buy British' really help farmers? We ask the Food, Farming and Fisheries Minister, Mark Spencer. Hosted by Caroline Hepker and Yuan Potts.See omnystudio.com/listener for privacy information.
9/13/202327 minutes, 11 seconds
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A Triple Lock Test: Why Today's Pay Data Could Cost the Treasury £2 Billion

The Institute for Fiscal Studies says today's wage data mean an extra £2 billion spending on pensions. IFS Research Economist Heidi Karjaleinen explains why the government should rethink its 'triple lock' pledge. It's not the only costly project in Westminster: the Houses of Parliament are expected to need £22 billion to be fully restored. That's before Bloomberg's scoop yesterday that parts of the palace contain the defective concrete known as RAAC. Plus, Keir Starmer meets unions leaders in Liverpool. Our reporter Eamon Farhat is there finding out what the Labour leader is telling his left-wing backers. Hosted by Caroline Hepker, Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
9/12/202328 minutes, 8 seconds
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INTRODUCING: Bloomberg News Now

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.     Listen and Subscribe on:   Apple: apple.co/3Eyz9EX   Spotify: spoti.fi/45IG5LR   Anywhere: bit.ly/460OMka See omnystudio.com/listener for privacy information.
9/12/202330 seconds
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The Jeremy Hunt Interview: UK Chancellor on the Government's Fiscal Tightrope

With India's G-20 summit wrapping up, the Chancellor squeezed in one more interview before heading back to the UK. We ask him about the outlook for inflation, the economy, and how he will make the sums work in November's Autumn Statement. Allegations of Chinese spying in the British Parliament made for an awkward G-20 meeting between Rishi Sunak and Premier Li Qiang. We ask former National Security Adviser and chair of the Lords European Affairs committee, Lord Peter Ricketts about relations with Beijing. He also tells us how the Home Office progressing with millions of applications for settled status by EU citizens in the UK. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
9/11/202327 minutes, 6 seconds
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Mental Health Arithmetic: Counting The Cost of Illness

 Mental health is climbing the political agenda as the government battles economic inactivity. We discuss the impact on inflation and the benefits bill of long-term sickness with reporters Olivia Fletcher and Philip Aldrick. Plus: as Rishi Sunak touches down in India, we preview the G-20 summit in New Delhi with senior editor Alan Crawford. Finally, what's the difference between the government and Labour on international trade? We get the view from two shipping industry experts: Lloyd's Register CEO Nick Brown and Maritime UK CEO Chris Shirling-Rooke. Hosted by Yuan Potts and Lizzy Burden.See omnystudio.com/listener for privacy information.
9/8/202326 minutes, 21 seconds
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New Horizons: Will EU Science Deal Help Sunak Reboot?

The government has agreed a deal with the EU to rejoin the Horizon research programme, bringing relief to UK scientists and some welcome good news for Rishi Sunak. Could it help the Prime Minister to reboot his agenda? We discuss with our political editor Kitty Donaldson. Plus: Hannah White, Director of the Institute for Government, tells us why the government is at risk of multiple distractions this autumn. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
9/7/202331 minutes, 13 seconds
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Jonathan Reynolds Interview: Shadow Business & Trade Secretary On Labour's Policy Plans

Labour's Jonathan Reynolds has a bigger job after this week's reshuffle, adding trade to his portfolio. He joins us to discuss the party's plans to grow the economy, improve trade relations with the EU and tackle local government funding. Plus: we bring you the first Prime Minister's Questions after the summer recess, which was dominated by the crumbling concrete issues facing schools. Hosted by Yuan Potts, Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
9/6/202337 minutes, 22 seconds
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Rock Solid Analysis: How the Concrete Scandal Sets The Tone for Autumn

As Education Secretary Gillian Keegan defends her "choice language" in discussing the unsafe concrete crisis, Bloomberg's Alex Wickham reports on why the viral moment shows the shortcomings of Rishi Sunak's planned reset. Construction engineering professor Chris Goodier explains how widespread the problem could get. Plus: Ahead of the Autumn Statement, how should governments think about spending? Former Bank of England policymaker Michael Saunders tells us the UK has suffered "persistent low growth in living standards," and why he expects more of the same, unless governments change their approach. Hosted by Caroline Hepker and Lizzy Burden.See omnystudio.com/listener for privacy information.
9/5/202326 minutes
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Reshuffle, Revision and Repairs: Good News Growth Update, As Labour Changes Top Team

 The ONS has updated its growth figures for 2021, and it means the UK is no longer the worst performer in the G7. Our senior economy reporter Philip Aldrick and Bloomberg Opinion columnist Marcus Ashworth explain the changes and discuss what it means for the government. Plus: James Woolock reports on the latest changes, as Keir Starmer unveils his new front bench. Hosted by Caroline Hepker and Stephen Carroll.Anchor, Bloomberg Radio See omnystudio.com/listener for privacy information.
9/4/202326 minutes, 3 seconds
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Shaky Foundations: House Price Slide Accelerates, Plus Surge in Dual Nationals

The housing market is looking more shaky after the latest Nationwide data showed the fastest fall in prices since 2009. We discuss with our economy reporter Lucy White and economist Niraj Shah from Bloomberg Economics. Plus: the number of people living in England and Wales with dual nationality has doubled in the ten years to 2021. Alex Mortimer and Maddie Parker bring us details. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
9/1/202325 minutes, 50 seconds
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Back to School Shuffle: Cabinet Promotions, and the State of UK Universities

 Grant Shapps has been appointed as Defence Secretary, and Claire Coutinho becomes Energy Secretary as Ben Wallace resigns. Our senior reporter Alex Wickham has the latest. Plus, as two million students prepare to return to university, we take a deep dive into the challenges facing the sector, from funding to strikes, with Vivienne Stern, CEO of Universities UK. Meanwhile, almost 150,000 students have signed up to legal action against universities over tuition during the pandemic. Ryan Dunleavy, partner at law firm Harcus Parker, explains what they're hoping to achieve. Hosted by Caroline Hepker and Stephen Carroll See omnystudio.com/listener for privacy information.
8/31/202332 minutes, 58 seconds
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Challenging China: Is the UK's Strategy Clear?

The Foreign Secretary says his trip to China is about relations with the UK, but James Cleverly has told Bloomberg he wants officials in Beijing to help bring Russia's war in Ukraine to an end. Conservative MP Tim Loughton, who was sanctioned by China for speaking out over human rights abuses, tells us the Sunak government's strategy isn't clear. Plus: more bad news for the housing market, as two new reports point to a slowdown in sales. Zoopla's Richard Donnell discusses the property website's latest forecast, and our reporter Damian Shepherd puts the data in context. Hosted by Stephen Carroll and Caroline Hepker. See omnystudio.com/listener for privacy information.
8/30/202327 minutes, 35 seconds
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Cleverly in China: What The Foreign Secretary Might Hope to Achieve in Beijing

Foreign Secretary James Cleverly is travelling to Beijing for what will be the most senior UK diplomatic visit to the country in six years. Bloomberg's Alex Morales and Sofia Horta e Costa discuss what he can hope to achieve from the trip, and how it's likely to go down in China and among British voters. Plus: London's Ultra Low Emissions Zone expands today, and not without controversy. Clean Air in London Founder Simon Birkett tells us why it's an important step, and why tougher rules will be needed in the future. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
8/29/202326 minutes, 4 seconds
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Drinking Up Time: The Future of the Pub, Plus A Former Spy's View On Prigozhin's Death

The number of pubs in Britain has been on the slide for decades, but last year saw more closures than in 2021 or 2020. Our reporter Helen Chandler-Wilde tells us what's driving the trend, and the issues the industry wants government to tackle. Plus: we speak to former British spy Christopher Steele, who ran MI6's Russia desk, about the death of Yevgeny Prigozhin and the challenges facing UK intelligence services. Hosted by Lizzy Burden and Stephen Carroll.See omnystudio.com/listener for privacy information.
8/25/202325 minutes, 53 seconds
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After Prigozhin: What Mutiny Leader's Presumed Death Means For Foreign Policy

 Wagner group founder Yevgeny Prigozhin was a thorn in Vladimir Putin's side. How should European leaders react to reports of his death? Our Europe Correspondent Maria Tadeo tells us what she's been hearing, and whether upcoming elections in the UK, the EU and the United States could see shifts in policy towards Ukraine. We also hear from Justin Crump, CEO of risk analysis firm Sibylline. Plus: ahead of tomorrow's Ofgem energy price cap announcement, Resolution Foundation economist Emily Fry tells us why more than one-third of English households may end up paying more this winter. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
8/24/202326 minutes, 7 seconds
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Little Britain: Why Small Business Concerns Have Big Consequences

Small businesses are the backbone of the economy. Britain's SMEs lost a fifth of their sales in the last year, according to data from the accounting platform Sage. We get reaction from one of the Chancellor's economic advisors, Anna Valero. Plus, our Senior Economy Reporter Philip Aldrick tells us what it means for the broader economy and worried politicians. The government wants to boost businesses by growing exports to regions like central Asia. Export Minister Lord Malcolm Offord speaks to Stephen Carroll from Uzbekistan about the government's vision for trade. Hosted by Lizzy Burden and Yuan Potts. See omnystudio.com/listener for privacy information.
8/23/202329 minutes
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Win, Lose or Draw: UK Reopens Door to $69 Billion Microsoft Takeover

When the UK's competition regulator blocked Microsoft from buying video game company Activision Blizzard, Microsoft's President said the move was "bad for Britain". Now the Competition and Markets Authority is to examine a revised proposal for the record-breaking deal. We speak to CMA CEO Sarah Cardell. Our Tech Editor Nate Lanxon and Legal Reporter Katharine Gemmell break down what this means for Britain's ambitions to be a global player in the tech world. Plus: political reporter Ellen Milligan on Labour's hopes to win seats from the SNP at the next election. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
8/22/202325 minutes, 53 seconds
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Missing an Open Goal: Politicians Fail to Score with Lionesses' Social Media posts

As the country cheered on the Lionesses in the World Cup final on Sunday, many politicians were wide of the mark with their social media posts. Could the same be said of the government's summer communication strategy? Senior reporter Alex Wickham joins Stephen Carroll to discuss the work happening behind the scenes in Westminster, as the parties gear up for a busy autumn ahead. Plus, we bring you the first in our series of interview highlights from recent months, with the EU's former chief Brexit negotiator, Michel Barnier.See omnystudio.com/listener for privacy information.
8/21/202326 minutes, 4 seconds
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A-Levelling Up: Education Minister on Grades, Skills and Students

The government wants to ensure students are ready for the world of work, but A-level grades are worsening. Minister for Skills, and Further and Higher Education, Robert Halfon joins us to discuss whether young people are getting the knowledge they need and if a degree is still a must. Plus, after yesterday's podcast with Jeremy Corbyn, we hear the opposing view on nuclear weapons from RUSI Deputy Director Malcolm Chalmers. Hosted by Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
8/18/202329 minutes, 11 seconds
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Jeremy Corbyn Interview: Former Labour Leader Says Keir Starmer Is 'Too Timid'

With war in Europe, and a heightened threat from Russia, there is currently a bi-partisan consensus on Britain's nuclear weapons. Former Labour leader Jeremy Corbyn tells us the party needs to be more radical not just on defence, but also on nationalisation and redistributing wealth. He gives his view on whether Keir Starmer will make a good prime minister. We also ask him if he will run as an independent at the next election. Plus: our political reporter Emily Ashton on whether Corbyn's allies will be a thorn in Starmer's side if he makes it into Number 10. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
8/17/202330 minutes, 22 seconds
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Oh, Crumpets: Inflation Slows, But Not As Much As Hoped

Headline inflation slowed to 6.8% in the year to July, which is an improvement, but not as much as had been hoped. Prices actually fell for some food staples, including milk and crumpets. We have reaction from Treasury minister Gareth Davies, and analysis from Bloomberg’s senior UK economist Dan Hanson and Opinion columnist Marcus Ashworth. Plus: the de-banking debate sparked by Nigel Farage has put focus on the issue facing many British Muslims, one in ten of whom don’t have a bank account. Our fintech reporter Aisha Gani has been speaking to some of them. Hosted by Stephen Carroll and Tom Mackenzie.See omnystudio.com/listener for privacy information.
8/16/202327 minutes
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Political Animals: The Bureaucats Of Whitehall, Plus Wage Growth Hits Record

Wages are going up, but are people feline better off? Bloomberg's John Stepek discusses what record pay growth means for the economy, the government and pensioners. Plus, we get the inside story on a senior figure at the heart of government: Larry the cat. National Archives historian Chris Day, author of 'Larry the Chief Mouser: And Other Official Cats,' gives us a potted history of the feline residents of Whitehall. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
8/15/202329 minutes, 44 seconds
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Toilet Politics: What Tory Bathroom Policy Tells Us About Their Election Strategy

Women and Equalities Minister Kemi Badenoch wants new buildings to offer separate male and female toilets before any gender-neutral facilities. Our senior government reporter Alex Wickham analyses what the announcement tells us about Rishi Sunak's political positioning. Plus: how worried are banks about landlords and mortgage arrears? We speak to James Tatch from industry group UK Finance. Hosted by Lizzy Burden, Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
8/14/202326 minutes, 35 seconds
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Gen Zzzzz: Do young people want different things from work?

 A job site says that under 25s in the UK are increasingly searching for less stressful jobs with a better work-life balance. Bloomberg's Olivia Fletcher explains what a 'Lazy Girl Job' is, and if the data backs up the TikTok trend. Our Chief European Economist Jamie Rush stops by for a chat about today's positive GDP data. Plus: why this year's Women's World Cup has entered the mainstream. Minal Modha joins us from Ampere Analysis. Hosted by Lizzy Burden, Caroline Hepker, and Yuan Potts. See omnystudio.com/listener for privacy information.
8/11/202326 minutes, 13 seconds
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Courting Controversy: What would leaving the European Convention on Human Rights actually mean for the UK?

 After a report that up to a third of the cabinet are prepared to back leaving the ECHR, we take a deep dive into the court's background and powers with Bloomberg's European Legal reporter Stephanie Bodoni. Plus: can the UK become a global leader in AI and its regulation?We ask Matt Clifford, CEO of Entrepreneur First, who is one of Rishi Sunak's new AI czars. Hosted by Caroline Hepker, Stephen Carroll and Yuan Potts.  See omnystudio.com/listener for privacy information.
8/10/202326 minutes, 20 seconds
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Time To Confront Reality: NIESR Warns It Will Take a Generation to Right the UK Economy

 The UK economy is in the midst of five years of stagnation and faces massive challenges, according to the National Institute of Social and Economic Research. We speak to NIESR Director Jagjit Chadha for his prescription to change the economy's trajectory. Our reporter Joe Mayes discusses the report's findings on regional inequality, and how Bloomberg's Levelling Up Scorecard shows the lack of progress on that 2019 Conservative election pledge. Hosted by Caroline Hepker and Stephen Carroll.See omnystudio.com/listener for privacy information.
8/9/202326 minutes, 36 seconds
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This Title Is Manipulative: Tracking And Combating Online Influence in Politics

Disinformation specialists Valent Projects have found evidence of a significant online campaign against the extension of London's ULEZ, involving thousands of fake social media accounts. CTO Fergus McKenzie-Wilson explains their findings, and the complexity of tracking such campaigns online. Behavorial scientist Patrick Fagan, formerly lead psychologist at Cambridge Analytica, tells us about his new book on online manipulation and how to avoid it. Plus: Patrick English from YouGov on how voters feel about the government's migration policies. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
8/8/202331 minutes, 48 seconds
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China Checks: Vince Cable On Managing Relations With Beijing

A senior executive at HSBC has accused the UK government of being 'weak' in its approach to China, by following the US approach to relations with Beijing. Sherard Cowper-Coles, head of public affairs at the bank, has since apologised for any offence by his "personal comments", but does he have a point? We get the view of former Business Secretary Vince Cable. Plus, as the government seeks to focus on immigration policies this week, we speak to Mike Jones of Migration Watch, a group which wants to reduce legal and illegal migration into the UK. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
8/7/202326 minutes, 52 seconds
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Crime Rises, Rate Rises: Law and Economics Hold Sway in the Next Election

Crime was at the heart of Labour's local election campaign earlier this year. The government says crime has fallen by half since the Tories came to power, but Bloomberg's Emily Ashton tells us about her investigation into how Westminster's chosen statistics often don't match up with the reality. Stats are also in play with the Bank of England's latest interest rate rise. Our Editor-At-Large Francine Lacqua has been speaking to the Governor Andrew Bailey about if he can get inflation under control. Plus, seeing the funny side: writer and recovering political aide James Matthewson joins us to talk about his debut Edinburgh Fringe show 'Serial Spinners: The Dark Arts of Politics and if politicians need to be funny. See omnystudio.com/listener for privacy information.
8/4/202327 minutes, 42 seconds
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Wind in the Sails: Boss of UK's Largest Wind Farm on Green Energy Future

Britain's largest offshore wind farm at Dogger Bank starts operating today. CEO of SSE Alistair Phillips-Davies, which operates the facility, tells us the government needs to reassure the markets about green investments. Energy Secretary Grant Shapps is certainly trying, announcing a £22 million boost to wind power subsidies. We discuss the announcements made during the government's 'Energy Week' with our UK Government Editor Alex Morales and BloombergNEF's Head of Wind Research, Oliver Metcalfe. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
8/3/202328 minutes, 45 seconds
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Power Play: How An Energy Company Avoided Repaying Over £600 Million to Households

A Bloomberg investigation has uncovered how one of the UK's biggest energy producers avoided repaying hundreds of millions of pounds to households during the recent price spike. Our reporter Todd Gillespie tells us how Drax was able to legally use an agreement with the government to its advantage. Jonny Marshall, Senior Economist at the Resolution Foundation, discusses what needs to change in these mega contracts. Plus: our political reporter Joe Mayes briefs us on the upcoming by-election in Rutherglen and Hamilton West, after a successful recall petition against former SNP MP Margaret Ferrier. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
8/2/202326 minutes
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Not Easy Being Green: The Conservatives Wrestle With Their Environmental Commitments

Rishi Sunak wants to be seen as on the side of the motorist. But is the PM jeopardising his party's record on the environment? We ask the Vice Chair of the All Party Group on the Environment, Conservative MP Anthony Browne. Plus, for the first time in two years, prices in shops are falling. Bloomberg's Katie Linsell explains if this is a watershed moment for the government's struggle to tackle inflation. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
8/1/202326 minutes
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Power Play: Rishi Sunak Attempts Green Balancing Act With North Sea Pledges

Rishi Sunak is in Scotland to announce new North Sea oil and gas production licences, and money for carbon capture. But will voters see it as a step away from the party's green commitments? Our energy editor Rachel Morison and government editor Stuart Biggs join us to discuss the PM's political balancing act, as well as the difficulties facing the UK's plans to expand nuclear power. Also in the show: Kwaku Gyasi reports on the the bleak economic realities facing Britain's youngest workers. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
7/31/202325 minutes, 57 seconds
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Road Cleared For Khan: London Mayor Wins Court Battle Over Car Emissions Charging

 The High Court says Sadiq Khan can go ahead with his ULEZ vehicle charging policy, rejecting a case by Conservative-led councils against its expansion. We discuss the green policy debates taking place within both main parties, with our Greener Living reporter Olivia Rudgard. We quiz Creative Industries Minister John Whittingdale on the government's new taskforce on illegal adverts. Plus: Farage fallout. Could more NatWest executives go after the controversy over account privacy? Our finance reporter Will Shaw joins us. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
7/28/202326 minutes, 20 seconds
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Take It Easy: Chancellor's Advisers Fear Bank of England May Overdo Rate Hikes

Bloomberg has learned that a majority of the Chancellor's Economic Advisory Council believe the Bank of England risks raising interest rates too much in the coming months, which they fear could push the UK into an unnecessary recession. Our senior UK economy reporter Philip Aldrick brings us details. Meanwhile, the Lord's Economic Affairs Committee has been thinking about the Bank of England's independence in its latest inquiry, which has just finishing gathering evidence. Committee Chair Lord Bridges joins us to discuss. Hosted by Caroline Hepker and Stephen Carroll.See omnystudio.com/listener for privacy information.
7/27/202325 minutes, 48 seconds
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Rose Goes: The City Minister On NatWest CEO Quitting Over Farage Controversy

City Minister Andrew Griffith tells Lizzy Burden that NatWest's chairman shouldn't have to leave over the controversy around the closure of Nigel Farage's account. After CEO Alison Rose abruptly stepped down over the row, we discuss the financial and political implications with our editors Tom Metcalf and Kitty Donaldson. Hosted by Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
7/26/202326 minutes, 5 seconds
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Seeking New Horizons: Scientists Call For Speedy Deal to Re-Join EU Funding Scheme

Talks to re-join the EU's scientific research programme, Horizon, still haven't reached agreement, and scientists are worried about the delay. The Astronomer Royal, Lord Martin Rees, tells us there's no time to waste in securing a deal. Also in the show, our real estate expert Neil Callanan explains why housing associations are feeling the pressure of rising interest rates, and what that means for government targets to build more affordable homes. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
7/25/202326 minutes, 1 second
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New Build or Fixer-Upper? Parsing the Latest Housing Plan

The Housing and Levelling Up Secretary Michael Gove has unveiled a new plan for homebuilding, with a focus on cities. But is it really new? Our UK government editor Stuart Biggs joins us to discuss. Plus, as the debate continues over London's Ultra Low Emissions Zone, respiratory doctor Anna Moore tells us why she thinks it must be expanded. Hosted by Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
7/24/202326 minutes, 29 seconds
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You Win Some, ULEZ Some: Byelection Results Special

Big wins for Labour in Selby and the Lib Dems in Somerton. But Sadiq Khan’s controversial ULEZ vehicle emissions scheme likely saw the Tories retain Boris Johnson’s old seat of Uxbridge in London. We ask Conservative Party Chairman Greg Hands why two very safe Tory seats voted overwhelmingly for other parties. And YouGov’s Patrick English on what the results might mean for the next general election. Hosted by Yuan Potts.See omnystudio.com/listener for privacy information.
7/21/202326 minutes, 24 seconds
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An Account: Nigel Farage on the Coutts Bank Controversy

Nigel Farage gives us his account of the decision by Coutts to close his bank account. The controversy has led to Rishi Sunak promising a crackdown on banks who deny services to "anyone exercising their right to lawful free speech". Our Finance Reporter Will Shaw explains the background and why the story has caused such a stir. Plus, the latest on Ukraine, as Russian moves cause wheat prices to spike. We speak to our EMEA News Director Ros Mathieson. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
7/20/202326 minutes, 5 seconds
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Driving the Agenda: Can Sunak Convert Good News Today Into By-Election Wins Tomorrow?

A win for the government on inflation and a win on a new EV-battery plant. But can Rishi Sunak's party convert today's good news into wins in tomorrow's by-elections? We speak to Dominic Johnson, Investment Minister in the Department for Business and Trade about the gigafactory announcement. We also bring you a rowdy 'end of term' Prime Minister's Questions and we speak to voters in Selby about the by-election circus which has descended on their town. Presented by Lizzy Burden, Yuan Potts and Caroline Hepker.  See omnystudio.com/listener for privacy information.
7/19/202336 minutes, 44 seconds
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Labour Mayor-hem: Jamie Driscoll on Why He Quit Labour

North of Tyne Mayor Jamie Driscoll has quit Labour, he tells us his former party has become 'Stalinesque'. The left-wing mayor spoke to us as Keir Starmer faces a revolt over his U-turn on plans to scrap the two-child benefit cap. Plus, Nigel Farage says he's politically persecuted after the closure of his bank account. Bloomberg Opinion's Lionel Laurent walks us through how banks deal with Politically Exposed Persons (PEPs) and why he says if anything the rules should be tougher. Hosted by Caroline Hepker and Lizzy Burden.See omnystudio.com/listener for privacy information.
7/18/202326 minutes, 51 seconds
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Summering Discontent: Rishi Sunak's End of Term Test

Prime Minister Rishi Sunak might wish he were on holiday, but he has a crunch week ahead to prove his mettle with backbenchers and voters before he can take a break. Our UK Government reporter Alex Wickham is on to take us through it. Rightmove says house asking prices are falling for the first time this year. Director of property science and innovation Tim Bannister and Bloomberg reporter Damian Shepherd are on to unpack where the property market goes next. Hosted by Caroline Hepker. See omnystudio.com/listener for privacy information.
7/17/202326 minutes, 13 seconds
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In Hot Water: Rising Temperatures Pressure Water Industry and UK Infrastructure

Parliament goes on recess next week, which means summer is here! But Bloomberg Opinion columnist Lara Williams warns the UK hasn't got the infrastructure to cope with climate change. Talking of infrastructure, the water industry is also feeling the heat. Our energy reporter Priscila Azevedo Rocha tells us how Thames Water's debt troubles have brought more scrutiny on the regulator, Ofwat. Hosted by Stephen Carroll, Yuan Potts, and Caroline Hepker. See omnystudio.com/listener for privacy information.
7/14/202325 minutes, 53 seconds
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Back in Favour? CBI's Rain Newton-Smith on Recovering from Scandal

Three months after Britain's biggest business lobby was hit by multiple allegations of sexual misconduct, we ask recently-appointed Director General Rain Newton-Smith whether the CBI is back in the government's good books and what they want to see on tax, growth and investment. Plus: the longest strike in NHS history starts today. Bloomberg's Julian Harris on what it means for patients, the economy and the government's pledges. Hosted by Yuan Potts, Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
7/13/202327 minutes, 46 seconds
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Arguing The Numbers: Deputies Trade Statistics at PMQs

Labour's Deputy Leader Angela Raynor repeatedly presses Oliver Dowden over the government's child poverty record and soaring mortgage rates, while the Deputy Prime Minister argues Conservatives have lifted people out of poverty. Plus, UK Government Reporter Joe Mayes on Sunak's public sector pay decision. And Euan Blair, founder of the Multiverse speaks to Bloomberg about apprentices. Hosted by Lizzy Burden and Caroline Hepker.See omnystudio.com/listener for privacy information.
7/12/202326 minutes, 3 seconds
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A British Solution: Can a Pension Pact Fix the UK's Economic Malaise?

The government's new pension pact is a British way of doing business. At least that's what one of its key architects, the City of London's Lord Mayor Nicholas Lyons, tells us. We dig into how it will work and how much he believes it will help boost growth. Also, new labour market data show unemployment rising slightly. Our senior UK economist Dan Hanson explains what it means for the economy and the Bank of England. Hosted by Caroline Hepker, Yuan Potts, and Lizzy Burden. See omnystudio.com/listener for privacy information.
7/11/202329 minutes, 7 seconds
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BBC Under Pressure : Presenter Allegations Highlight Broadcaster's Challenges

The BBC is at the centre of a media storm over allegations against one of its presenters, but is the broadcaster facing an existential crisis? We discuss with former Director of the BBC World Service, Jamie Angus. Plus, the Chancellor makes his Mansion House speech to the financial services industry later. Our City Editor Katherine Griffiths tells us what's on her bingo card of announcements. Hosted by Yuan Potts, Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
7/10/202326 minutes, 56 seconds
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What's the Big Idea? Crisis in Conservatism & The Chancellor's New Rules

The Chancellor is planning changes to EU financial rules and pension investment, set to be unveiled on Monday. Our City Editor Katherine Griffiths explains why Jeremy Hunt’s Mansion House speech is being so closely watched this year. Plus: Bloomberg Opinion columnist Adrian Wooldridge discusses the crisis in Conservatism, and how political thinking is evolving differently on both sides of the Atlantic. Hosted by Stephen Carroll and Caroline Hepker.See omnystudio.com/listener for privacy information.
7/7/202325 minutes, 45 seconds
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Interest In Rates: Banks Under Scrutiny Over Savings, Plus Greedflation Examined

Britain's biggest banks are meeting the financial regulator to answer questions about the rates they're offering to savers. Our UK economy reporter Tom Rees discusses winners and losers (so far) from higher interest rates, while our housing expert Neil Callanan updates us on the outlook for the property market. Plus: Ana Andrade from Bloomberg Economics on whether UK companies are indulging in 'Greedflation'. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
7/6/202326 minutes, 5 seconds
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Healthy Debate Needed: Analysing The Data On NHS Challenges, Plus Deputy PMQs

The NHS is 75 years old, and Bloomberg has published special analysis of data showing how the health service is performing on a constituency-by-constituency basis across England. Our reporter Olivia Konotey-Ahulu brings us details, and we get the view of Chris Thomas, health policy expert at the Institute for Public Policy Research. Rishi Sunak and Keir Starmer skipped Prime Minister's Questions to attend a service marking the NHS anniversary, so we bring you the exchanges between their deputies, Oliver Dowden and Angela Rayner. Hosted by Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
7/5/202326 minutes, 2 seconds
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Drowning in Debt: The Future of Thames Water

Chair of the Environmental Audit Committee, Philip Dunne and former Business Secretary, Vince Cable, on the problems in the water industry and what 'temporary nationalization' might mean for debt-laden utility Thames Water. Plus, David Willetts, president of the Resolution Foundation, on how Britain could make better government policy. Hosted by Caroline Hepker, Lizzy Burden and Yuan Potts. See omnystudio.com/listener for privacy information.
7/4/202330 minutes, 2 seconds
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Sunak's Challenging Calendar: Key Tests Ahead for the PM

Rishi Sunak's government has a number of hurdles to overcome in the next three weeks, ahead of a double deadline on the 20th of July, when parliament goes on recess and three by-elections are being held. Our UK government editor Stuart Biggs joins us to discuss the challenges the PM needs to tackle. Plus, reporter Leonora Campbell tells us the government is considering scrapping an EU-era environmental law in an effort to boost housebuilding. Hosted by Stephen Carroll, Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
7/3/202325 minutes, 30 seconds
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Strike Out: Doctors' industrial action threatens NHS staffing plan

The government has a plan to boost NHS workforce numbers, as it seeks to fill more than 110,000 vacancies. We ask Alison Leary, chair of Healthcare & Workforce Modelling at London South Bank University about the staffing challenges in the health service. Adding to that challenge: the first-ever strike by consultant doctors. Our reporter Asad Zulfiqar on what they want, and why nurses will not be joining them on the picket line.  See omnystudio.com/listener for privacy information.
6/30/202326 minutes, 3 seconds
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Politics And TheCityUK: What The Financial Industry Wants From Government

We've taken the show on the road to the annual conference of TheCityUK, which represents the financial and professional services industries across the UK. Bloomberg's Caroline Hepker speaks to Exchequer Secretary to the Treasury Gareth Davies, LSE CEO Julia Hoggett, Chris Lay, CEO of Marsh McLennan UK and Tiina Lee, UK & Ireland CEO at Deutsche Bank about listing rules, regulation, executive pay and tax. Recorded in front of a live audience. See omnystudio.com/listener for privacy information.
6/29/202326 minutes, 12 seconds
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Full House: PMQs Dominated By Housing As Thames Water Troubles Swirl

 Prime Minister's Questions saw Keir Starmer and Rishi Sunak trade barbs over who leads "the party of home ownership". We hear from Zoopla's Richard Donnell on their data showing a slowdown in the UK housing market. Plus, our reporter Eamon Farhat on the troubles facing Thames Water, as officials consider a temporary nationalization of Britain's biggest water company. Hosted by Stephen Carroll, Yuan Potts and Lizzy Burden.See omnystudio.com/listener for privacy information.
6/28/202325 minutes, 58 seconds
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Checking the Receipts: Recession Forecast As MPs Grill Supermarket Bosses

Bloomberg Economics is expecting a year-long recession in the UK, starting at the end of 2023, as the Bank of England is set to keep raising interest rates. What does that mean for the government's economic pledges? We discuss with economist Ana Andrade and UK government editor Alex Morales. Plus: our retail reporter Katie Linsell updates us on the testy exchanges between MPs and supermarket bosses over rising food prices. See omnystudio.com/listener for privacy information.
6/27/202325 minutes, 39 seconds
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Watching Russia: Politicians Take Stock of a Dramatic Weekend

After the mutiny against Putin at the weekend, many in Westminster are watching closely for what comes next in Russia, and what impact it could have on Britain. We talk to former foreign secretary and chancellor Philip Hammond and the former UK ambassador to Russia Tony Brenton. Plus, analysis from our senior international affairs reporter Marc Champion, who's in Kyiv. Hosted by Caroline Hepker, Lizzy Burden and Yuan Potts. See omnystudio.com/listener for privacy information.
6/26/202325 minutes, 59 seconds
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Rating the Rate-setters: Andrew Bailey Under Pressure Over Hikes

 It's a tough time to be central banker, and the Bank of England governor Andrew Bailey is facing harsh criticism over the decision to raise interest rates by half a percentage point. Our senior economics reporter Philip Aldrick joins us to discuss, and former BoE policymaker Andrew Sentance tells us what he thinks the bank should do next. As Rishi Sunak doubles down on his pledge to halve inflation by the end of the year, our senior government reporter Alex Wickham reports on the worries inside the Conservative party. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/23/202329 minutes, 38 seconds
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Rate and Review: Lessons from the UK's Covid Response

The UK's Covid inquiry hears from England's chief medical officer Chris Whitty and former chief scientific advisor Patrick Vallance. We discuss the lessons learned from the pandemic with Bloomberg Intelligence's Director of Research, Sam Fazeli. Plus, where next for the mortgage market? Ray Boulger from brokers John Charcol joins us, and Saxo UK's CEO Charles White-Thomson tells us about the economic plan he wants to see for UK plc. Hosted by Caroline Hepker and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/22/202329 minutes, 20 seconds
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Price Pressure: Sunak Feels Heat Over Inflation Surprise

The latest hot inflation data makes difficult reading for the Bank of England, which may have to raise interest rates further. And it’s a political hot potato for the PM, who has pledged to halve inflation by the end of the year. We get reaction from Exchequer Secretary to the Treasury Gareth Davies, analysis from Bloomberg’s Senior UK Economist Dan Hanson, and bring you this week’s Prime Minister’s Questions. Hosted by Stephen Carroll, Lizzy Burden and Yuan Potts.See omnystudio.com/listener for privacy information.
6/21/202332 minutes, 31 seconds
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(G)Rate Expectations: How Higher Interest Rates Could Tip Britain Into Recession

If market forecasts for 6% interest rates come to pass, Bloomberg Economics reckon Britain could tip into recession. Bloomberg's Lucy White and Dan Hanson explain what more rate rises mean for the UK and mortgages. It's not just homeowners in trouble, our equality reporter Olivia Konotey-Ahulu on how high inflation has been affecting women. Hosted Caroline Hepker, Lizzy Burden, and Yuan Potts See omny.fm/listener for privacy information.
6/20/202326 minutes, 23 seconds
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More Mortgage Misery: Climbing Rates Pile Pressure On Government

Two-year fixed mortgage rates have passed 6% for the first time this year, close to their highest level in 14 years, ahead of this week's Bank of England decision. How should the government respond? We get analysis from John Stepek who edits the Bloomberg Money Distilled newsletter. In another headache for Rishi Sunak, MPs are deciding how to vote on the Partygate report, which found Boris Johnson deliberately misled parliament over gatherings during lockdown. Our UK Government Editor Alex Morales has the details. Hosted by Yuan Potts, Lizzy Burden and Stephen Carroll. See omny.fm/listener for privacy information.
6/19/202325 minutes, 45 seconds
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The Oliver Dowden Interview: Deputy PM on Business, AI and Partygate

UK Deputy Prime Minister Oliver Dowden says government must focus on delivering results instead of the Westminster bubble. He joins host Lizzy Burden for a fireside chat at Founders Forum in this live episode of the Bloomberg UK Politics Podcast. In discussion of themes from AI to Westminster culture, he says the government won’t be distracted by Boris Johnson and Partygate, that Britain is on the “cusp of the next revolution in tech” and that AI is the one area where Britain can get more for less. Dowden also insists that Rishi Sunak will stick to his target of halving inflation by the end of the year. See omnystudio.com/listener for privacy information.
6/16/202329 minutes, 47 seconds
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The Johnson Verdict: Former PM Found to Have Repeatedly Misled Parliament

The House of Commons Privileges Committee says Boris Johnson committed "repeated contempts" of Parliament, and should have faced a 90 day suspension, if he were still an MP. We discuss the report with Bloomberg's Emily Ashton. Plus: has the fizz gone out of London's stock market? We speak to the CEO of WE Soda, Alasdair Warren, who has scrapped a plan for a multi-billion dollar UK share listing. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
6/15/202325 minutes, 54 seconds
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Power and Tax: The Nadhim Zahawi Interview

In his first broadcast interview since he lost his job over a tax scandal, we speak to Nadhim Zahawi, who served under four Conservative prime ministers, from Theresa May to Rishi Sunak. The former chancellor tells Lizzy Burden and Caroline Hepker the Tories need to put the infighting behind them and focus on the economy. Hosted by Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
6/14/202317 minutes, 43 seconds
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Constructive Criticism: Keir Starmer's Economic Balancing Act

Labour Leader Keir Starmer says the UK economy has been broken by the Conservative Party, but he's also promising the highest growth in the G-7 if elected. Mayor of London Sadiq Khan argues Brexit has hurt investment, but says the City is still Europe's financial hub. We hear from both, and get analysis from our UK Government editor Stuart Biggs. Plus, why can't the Conservative party attract younger voters? 37 year-old MP Bim Afolami has led analysis into how his party needs to change to convince the next generation to vote Tory. Hosted by Caroline Hepker, Lizzy Burden, and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/13/202328 minutes, 58 seconds
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Is Britain Adrift? Businesses Seek Direction as Sunak Faces Political Turmoil

Business leaders tell us the UK economy is going off course.Caroline Hepker brings us her conversations with Marks & Spencer chairman Archie Norman, British Chambers of Commerce chief Martha Lane Fox, and former CEO of the London Stock Exchange, Xavier Rolet. Meanwhile in Westminster, Rishi Sunak faces more internal Tory party turmoil after the resignation of Boris Johnson and two allies from parliament. Our political reporter Alex Wickham discusses the fallout. Hosted by Caroline Hepker, Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/12/202325 minutes, 44 seconds
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NEW PODCAST: Bloomberg Talks

Get today’s top interviews from Bloomberg News on the NEW Bloomberg Talks podcast.  On Apple: apple.co/45Oio52     On Spotify: spoti.fi/3NdBTM7     On Stitcher: bit.ly/45MmtGW     Anywhere: bit.ly/3oODwaOSee omnystudio.com/listener for privacy information.
6/10/202345 seconds
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Energy Saver: Labour's Policy Shift & Water Worries

Labour has scaled back a flagship pledge to invest £28 billion a year on the green energy transition, if it wins the next election. Our energy editor Rachel Morison and government editor Stuart Biggs analyse the move - and the politics behind it. The warmer weather has also brought the water industry back into focus. It's faced criticism over leaks and sewage discharge. Conservative MP Philip Dunne, chairman of the Environmental Audit Committee joins us to discuss. Hosted by Lizzy Burden, Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/9/202326 minutes, 21 seconds
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Growing Pains: Michel Barnier on EU relations; Treasury minister Victoria Atkins on the UK economy

Treasury minister Victoria Atkins tells us the OECD's forecast of anaemic UK growth is an upgrade "in the right direction". She discusses efforts to bring down inflation with Lizzy Burden. One thing that could help grow the economy would be improved relations with the European Union. The EU's former Brexit negotiator Michel Barnier joins us in studio to discuss the prospects for changes to the current trade deal, and his book 'My Secret Brexit Diary'. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
6/8/202326 minutes, 2 seconds
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Fiscal Space Exploration: The OECD's Take On the UK Economy And Deputy PMQs

The OECD warns the government won't have much money to spend on tax cuts before the next election, citing "little fiscal space" for giveaways. Deputy Prime Minister Oliver Dowden prefers to focus on the upgrade to the UK's growth forecast, from recession to anaemic expansion this year. He stands in for Rishi Sunak at this week's Prime Minister's Questions, facing off against Labour's deputy leader Angela Rayner. They trade barbs over the Covid inquiry and education policy. Plus: we get the view of the UK economy from Karen Ward of JP Morgan Asset Management, who's also on the Chancellor's council of economic advisers. Hosted by Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/7/202325 minutes, 53 seconds
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Sunak Stateside: What To Expect From the PM's US Trip

The prime minister leaves for Washington today, but he won't be coming back with a trade deal. Our UK government editor Alex Morales briefs us on what to expect, while Duncan Edwards, CEO of BritishAmerican Business tells us what his organisation wants from the trip. One of the topics Rishi Sunak and Joe Biden are expected to discuss is artificial intelligence. Nate Sharadin from the Center for AI Safety discusses how the technology should be regulated. Hosted by Lizzy Burden, Yuan Potts and Stephen Carroll. See omnystudio.com/listener for privacy information.
6/6/202325 minutes, 49 seconds
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Peter Mandelson On China Business Push

Peter Mandelson says China has asked him to help them attract more foreign investment. We bring you our exclusive interview with the former trade secretary. Back in London, the British Chambers of Commerce is making a pitch for the CBI's place as the voice of business. Our UK Business Editor Julian Harris tells us about the aims of the BCC's new business council. Elina Ganatra reports on more young people dropping out of the workforce due to ill health, while our City Editor Katherine Griffiths brings us better news on the UK attracting foreign direct investment in financial services. See omnystudio.com/listener for privacy information.
6/5/202325 minutes, 40 seconds
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The Neil Kinnock Interview: Labour's Former Leader on Keir Starmer's Chances

Neil Kinnock has a lesson or two for Keir Starmer. Kinnock led Labour after its crushing 1983 election defeat, facing down the hard left and restoring the party's credibility. He says a hung parliament would be “hideous”, but if Starmer doesn’t get a majority, he should rule alone – without a coalition. His judgment on the Tories? A “drunken sailor” would look steady compared to Boris Johnson and Liz Truss. Hosted by Caroline Hepker, Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
6/2/202333 minutes, 30 seconds
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Recharging the UK: A Deep-Dive Into British Carmaking

As nations spend big on batteries and the race to electrify the car industry, can the UK compete? We take a deep-dive with our global car czar Craig Trudell and our European autos team leader Elisabeth Behrmann. Plus: Pride in the City. At the start of Pride month, how have things improved for LGBTQ+ employees, and what's left to do? And Bloomberg's Maria Tadeo on why is the PM is in Moldova. Hosted by Yuan Potts, Lizzy Burden and Stephen Carroll.  See omnystudio.com/listener for privacy information.
6/1/202325 minutes, 16 seconds
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Supermarket Sweep: Are Sunak's Price Caps Are a Good Idea?

Government plans to cap food prices have been labelled stale. Former Bank of England ratesetter Michael Saunders warns they could lead to food shortages and even then, that Prime Minister Rishi Sunak may not hit his target of halving inflation by the end of the year. Bloomberg’s EMEA healthcare and consumer editor Deirdre Hipwell explains retailers’ scorn and how it’s tarnishing the Conservatives’ traditional image as the party of business. Resolution Foundation economist Krishan Shah says there’s more ministers could do to ease the squeeze on the poorest Britons. Hosted by Yuan Potts, Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/31/202325 minutes, 53 seconds
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Missing Millennials: Why Brits are No Longer More Right-Wing with Age

 Thirteen years of Conservative rule have upended one of the oldest political clichés in the book: that people become more right-wing as they mature. Director of the think tank Onward Sebastian Payne explains why, and confirms that he is standing to be Selby’s next Conservative MP. Plus, UK government editor Stuart Biggs unpacks the row brewing around former prime minister Boris Johnson’s WhatsApp messages and whether they will be handed over to the official Covid inquiry. Hosted by Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/30/202325 minutes, 57 seconds
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On the Rocks: The Conservatives' Rift Over the Parthenon Marbles

It’s been a shockingly bad week for the prime minister and his five priorities, from the inflation surprise to the migration numbers. While our reporters Alex Wickham and Tom Rees outline how the data warns of political calamity for Rishi Sunak, could the government's underlying political woes be about ideology instead of the economy?The Parthenon – or Elgin – Marbles have taken centre stage in Britain’s culture wars. Chair of the Parthenon Project Ed Vaizey explains his proposal on who gets to own them, why “woke” battles aren’t helping the Conservatives and his view on Rishi Sunak’s electoral chances. The former culture minister also reveals his thoughts on Jilly Cooper. Hosted by Yuan Potts, Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/26/202329 minutes, 16 seconds
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Prime Numbers: Migration Rises, But Inflation Matters More To Voters

Net migration to the UK rose to a record high in 2022. The ONS figures show how government policy has influenced the flows of people entering and leaving the UK. Meanwhile, the fallout from the latest inflation numbers continue to rumble through markets, with government borrowing costs hitting levels last seen around the mini-budget meltdown under Liz Truss. Our economy reporters Lucy White and Philip Aldrick join us to discuss. Plus: Kantar Public UK CEO Craig Watkins tells us what really matters to voters. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
5/25/202326 minutes, 12 seconds
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The Rachel Reeves Interview: Labour's Economic Plan

Shadow Chancellor Rachel Reeves declares Labour 'proudly pro-business' as she unveils her economic vision for Britain with anchors Lizzy Burden and Caroline Hepker. The chancellor-in-waiting discusses getting more out of Brexit, pensions and 'securonomics' in a world that has changed. Plus anchor Stephen Carroll, political reporter Joe Mayes and UK economist Dan Hanson join for analysis on Labour's more interventionist approach. See omnystudio.com/listener for privacy information.
5/24/202326 minutes, 9 seconds
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Should The Government Be In Charge Of Your Pension?

Politicians from across the political divide are suddenly very interested in pensions: using people's retirement savings to boost UK growth. Is it a good idea for the government to get involved in managing pension funds? We discuss with our Money Distilled columnist John Stepek and Bloomberg Opinion's Stuart Trow. Plus, Business and Trade Secretary Kemi Badenoch speaks to Bloomberg at the Qatar Economic Forum about the government's plan to tackle post-Brexit trade issues facing the car industry. Hosted by Stephen Carroll, Lizzy Burden and Caroline Hepker. See omnystudio.com/listener for privacy information.
5/23/202331 minutes, 53 seconds
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Campbell's Call: Labour Spin Doctor On The Future of Politics

Former Downing Street spin doctor Alastair Campbell says the Labour front bench is full of talent, but that their potential won't become clear until they're in power. He discusses his rallying call for people to get more involved in politics and his new book 'What Can I Do?' with Caroline Hepker, Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
5/22/202326 minutes, 33 seconds
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Small Fry for Chips: Why Semiconductors Matter

 The UK government has published its long-awaited semiconductor strategy, with £1B earmarked for research and development over the next decade. But why are chips seen as the new oil and can the UK compete with the vast sums being pledged by other nations?Bloomberg's Thomas Seal and Tom Mackenzie explain everything you need to know about these electronic brains and why they've become a global hot commodity. Then industry experts Scott White, founder of Pragmatic, and Tech London Advocates' Russ Shaw weigh in on the government's plan. Hosted by Yuan Potts, Caroline Hepker & Lizzy Burden. See omnystudio.com/listener for privacy information.
5/19/202332 minutes, 29 seconds
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What’s the Plan? A Look at the Government's Industry Strategy

Business leaders – and former business secretaries – are asking if the government has a long-term vision for British industry. Prime Minister Rishi Sunak is promising £18 billion of green investment as a coup from his trip to the G-7 summit. Bloomberg EMEA News director Rosalind Mathieson and UK political reporter Ellen Milligan brief us on the world leaders' agenda. But with questions over the coming strategy for semiconductors, competing with American subsidies, and dealing with strikes, does the government have a plan? We talk to UK Transport Secretary Mark Harper, and new director general of the scandal-hit Confederation of British Industry Rain Newton-Smith tells us what she wants to see from policymakers. Hosted by Caroline Hepker and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/18/202325 minutes, 44 seconds
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Morning Show Politics: Dowden and Rayner Deputise at PMQs

With Rishi Sunak headed to the G-7, second-in-command Oliver Dowden and Angela Rayner take on PMQs. Lizzy Burden's sampling croissants at a business lobby event where both Keir Starmer and Chancellor Jeremy Hunt are trying out their latest pitches to win over corporate support. Hosted by Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
5/17/202325 minutes, 56 seconds
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Fruitful Endeavours: A Look at Work, Strikes and Suella

Home Secretary Suella Braverman says it should be British workers picking fruit, but the latest jobs data shows record levels of economic inactivity. Senior economics reporter Philip Aldrick and Markets Today blog writer David Goodman dig into what that means for Prime Minister Rishi Sunak, and if it should be politicians – instead of central bankers – talking about who bears the brunt of inflation. The tensions over migration are part of a long-running debate in the Conservative party after Brexit. Which is exactly what Tim Bale, professor of politics at Queen Mary University, is thinking about. He's on the podcast to talk about his new book. Plus, with the number of working days lost to industrial action up again, strikes reporter Asad Zulfiqar brings us the latest. Hosted by Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/16/202329 minutes, 46 seconds
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My Friend 'Rishi': Zelenskiy Back in Britain

Prime Minister Rishi Sunak pledges more weapons for Ukraine as Volodymyr Zelenskiy visits the UK. Bloomberg's EMEA News Director Rosalind Matheson discusses what happens next in the war. Plus the struggle for investment: as the Secretary of State for Science and Technology Chloe Smith tells us exclusively about the government's £100m investment in UK research and science facilities, we hear from both the UK's youngest billionaire and a partner at a leading corporate restructuring practice about whether Britain is still a good place to fund new ventures. Hosted by Caroline Hepker, Lizzy Burden, and Yuan Potts See omnystudio.com/listener for privacy information.
5/15/202326 minutes, 35 seconds
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Look Who's Talking: The Art of The Political Interview

Political interviews have the power to shape the future of a government. So what makes an exceptional exchange? Rob Burley has written a book about his decades of experience running political programming at the BBC and now Sky News, and he shares some behind-the-scenes insights. There’s less talking happening between unions and employers on pay disputes though, our reporter Asad Zulfiqar tells us, as another 48-hours of strikes hit train services. Plus, we unpack the Bank of England Governor Andrew Bailey’s interview with Bloomberg, and bring you reaction from Shadow Chancellor Rachel Reeves. Hosted by Lizzy Burden, Caroline Hepker and Stephen Carroll.See omnystudio.com/listener for privacy information.
5/12/202326 minutes
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Bonfire Out, Sparks Fly: Tory Backlash Over EU Law Plan

The government scales back its plans to replace EU laws still on the UK statute books, sparking fury from some Tory Brexiteers. Our political reporter Ellen Milligan brings us the latest. We hear from former Bank of England policymaker Martin Weale, after the think tank Niesr warned Rishi Sunak may not achieve his top priority of halving inflation by the end of the year. Plus: is the UK heading for a technology triumph with its drone superhighway? Bloomberg Opinion columnist Dave Lee joins us to discuss. Hosted by Caroline Hepker, Stephen Carroll and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/11/202325 minutes, 48 seconds
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Heir To Blair? Former PM on Keir Starmer's Challenges

Former Prime Minister Tony Blair tells us Labour shouldn't be complacent about its lead in the polls, even after winning more than 500 seats in last week's local elections, while the Conservatives lost more than 1,000. He also discusses the status of the City of London post-Brexit, the UK's international relationships and Northern Irish politics with Lizzy Burden. Meanwhile at Prime Minister's Questions, Rishi Sunak and Keir Starmer face off over the elections, taxes and even Eurovision. See omnystudio.com/listener for privacy information.
5/10/202325 minutes, 56 seconds
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Identity Check: The Conservative Party's Crisis of Confidence

Rishi Sunak may have hoped the coronation would distract from the local election results, but party grandees are itching to allocate blame. Bloomberg's Leonora Campbell joins us to discuss. After the introduction of mandatory voter ID, Association of Electoral Administrators Chief Executive Peter Stanyon explains how the new checks worked in practice. Plus: MakeUK Chief Operating Officer Ben Fletcher tells us the UK needs to decide what it wants from an industrial strategy, and Eileen Gbagbo reports on whether the monarchy still has global reach. Hosted by Caroline Hepker, Stephen Carroll, and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/9/202332 minutes, 24 seconds
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England's Elections: The Results and What They Tell Us

On less than three hours' sleep, YouGov's Patrick English dials into the podcast with his analysis of the local elections results and what they tell us about the state of the parties. Northern Ireland elects its councils in two weeks' time. Our own Stephen Carroll is back from his trip to Belfast looking at the future of a government that hasn't sat for 15 months. Plus, an exclusive interview with the Chancellor's new economic adviser, Anna Valero, who says there are better investments the government could make than a tax cut. Hosted by Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
5/5/202330 minutes, 23 seconds
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The Coronation & The Cash

 Ahead of the crowning of King Charles, we debate the health of the institution that looms over all others. We discuss public support, political influence, soft power... and the monarch's finances. We're joined by our UK political editor Kitty Donaldson and and our ultra-wealth reporter Ben Stupples. Plus: the chief executive of the Crown Estate, Daniel Labbad, on managing almost £16 billion of land and property on behalf of the nation and in support of the Sovereign Grant. Hosted by Lizzy Burden, Caroline Hepker and Yuan Potts. See omnystudio.com/listener for privacy information.
5/4/202328 minutes, 45 seconds
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Housing and Handbrake Turns

 It's the final Prime Minister's Questions before local elections in England. Rishi Sunak and Keir Starmer debated issues including housing and the cost of living, followed by a rather awkward mention of the King's Coronation. Bloomberg's Lucy White joins Stephen Carroll, Lizzy Burden and Yuan Potts to discuss her reporting on five key councils to watch in this year's local elections.See omnystudio.com/listener for privacy information.
5/3/202326 minutes, 4 seconds
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Building Controversy

Housing will be on the minds of many in this week's local elections, though some will be voting for more local housebuilding - and some for less. Our residential real estate reporter, Damian Shepherd, says the planning system is broken, with new data on how far local councils' housing budgets have been cut in recent years. Property entrepreneur Giles Mackay gives us his view. He says shared ownership needs to be part of the solution. Plus: how should government better measure all the assets it owns? Carl Emmerson, deputy director of the Institute for Fiscal Studies on Labour's plans for another fiscal rule. Hosted by Lizzy Burden, Caroline Hepker and Yuan Potts.See omnystudio.com/listener for privacy information.
5/2/202326 minutes, 23 seconds
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Sharp Exit

After 2 years of lobbying scandals, even the Chartered Institute of Public Relations is pushing for lobbying rules to be reformed. Jon Gerlis explains why his organization wants MPs to take lobbying more seriously. Plus: Bloomberg's media and tech reporter Thomas Seal on the resignation of BBC Chairman Richard Sharp and hosts Lizzy Burden and Caroline Hepker look to next weekend's Coronation. See omnystudio.com/listener for privacy information.
4/28/202325 minutes, 8 seconds
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Chronic(ling) Chaos

 Prolific chronicler of Westminster politics Anthony Seldon's latest book lays bare -- in hilarious and bewildering detail -- the chaos of the Boris Johnson era. Sir Anthony joins hosts Caroline Hepker and Lizzy Burden to share what shocked him most when researching 'Johnson at 10: the Inside Story' and his take on the new prime minister. Bloomberg's Elina Ganatra breaks down the political impact of long-term sickness, which is costing the UK economy £43 billion a year, according to the Institute of Public Policy Research. Finally, a look at the latest results from some of Britain's biggest firms, Unilever and Barclays, and what they tell us about Rishi Sunak's inflation headache. Hosted by Lizzy Burden and Caroline Hepker. See omnystudio.com/listener for privacy information.
4/27/202323 minutes, 23 seconds
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Pass the Parcel

With local elections around the corner, Rishi Sunak and Keir Starmer were in combative mood in this week's Prime Minister's Questions, seeking to pass the parcel of blame, but without bringing much new to the debate. The Bank of England Chief Economist has certainly started one of those. He says Brits need to accept they are worse off instead of seeking pay rises - or price increases - to keep up with inflation. Bloomberg's senior economics reporter Philip Aldrick discusses whether Huw Pill has a point when he talks about the game of 'pass the parcel'. Hosted by Caroline Hepker, Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
4/26/202325 minutes, 55 seconds
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Are Grocers Gouging?

Food prices are more than 17% higher than a year ago, but are retailers using surging inflation to grow their margins? Kantar's Fraser McKevitt gives us the latest data, while Bloomberg Opinion columnist Chris Bryant says consumers could learn from the shoppers of the 1960s who didn't take price rises quietly. Also on the show: has the government been quick enough to help Brits in Sudan? We speak to UK Government Editor Stuart Biggs. Hosted by Yuan Potts and Lizzy Burden. See omnystudio.com/listener for privacy information.
4/25/202324 minutes, 37 seconds
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Prospects And Perspective

 As the future of the CBI lobby group looks uncertain, the Prime Minister has rustled up his own summit of business leaders. We ask our UK Business Editor Julian Harris if Rishi Sunak is trying to boost his party's credentials by speaking to executives directly. Barrister and author Hashi Mohamed joins us to discuss Diane Abbott's suspension from the Labour Party, and how we could have an "adult conversation" about racism in Britain. Plus, as the UK airlifts its diplomats out of Sudan, we get the latest on the situation in the country from our reporter Simon Marks. See omnystudio.com/listener for privacy information.
4/24/202324 minutes, 14 seconds
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Raab Resigns

Was he pushed or did he go willingly? Former deputy PM and justice secretary Dominic Raab has quit the government after a report upheld bullying allegations against him. Our UK Politics Editor, Alex Morales assesses the impact on Rishi Sunak's administration. In his resignation letter, Raab says the report sets a 'dangerous precedent for good government'. But Amy Leversidge, Assistant General Secretary at the FDA trade union, which represents senior civil servants, tells us there must be consequences for ministers when they mistreat staff. Hosted by Lizzy Burden, Yuan Potts and Tom Mackenzie. See omnystudio.com/listener for privacy information.
4/21/202325 minutes, 18 seconds
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The View from Ireland

At home, Rishi Sunak is battling to prove that his government is squeaky clean. Abroad, he’s been on a charm offensive to repair relations with Europe. We take stock of how he’s faring on both fronts. Hosts Yuan Potts and Lizzy Burden are joined from the Bloomberg New Economy Gateway in Ireland by Stephen Carroll, who sits down with Europe correspondent Maria Tadeo, former UK permanent representative to the EU Kim Darroch, and Ellen Milligan, our UK politics reporter who’s been covering bullying allegations against Deputy Prime Minister Dominic Raab and former business secretary Alok Sharma. See omnystudio.com/listener for privacy information.
4/20/202325 minutes, 10 seconds
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Inflation Nation

UK inflation has remained above 10% again. We dig into the data behind the soaring cost of living and ask what it means for PM Rishi Sunak. As well as rising prices, Scotland has a GDP problem. We analyse why it's had the slowest growth of any UK nation in the past decade. Plus: 25 years on from the Good Friday Agreement, is the Brexit schism starting to heal? Stephen Carroll joins us from near Dublin with former Irish ambassador to the EU, Declan Kelleher, now senior advisor at APCO Worldwide. Hosts Caroline Hepker, Yuan Potts and Lizzy Burden are joined by Bloomberg Economics senior UK economist, Dan Hanson, Bloomberg's senior UK political reporter, Alex Wickham and UK economy reporter, Tom Rees.  See omnystudio.com/listener for privacy information.
4/19/202325 minutes, 58 seconds
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Pay Yay or Pay Nay?

The latest UK jobs numbers reveal three million working days lost to strikes since industrial action escalated last summer. Bloomberg’s senior UK economist Dan Hanson explains why a tighter-than-expected labour market piles pressure on both the Bank of England and the Treasury. Plus: UK economy reporter Lucy White tells hosts Yuan Potts, Caroline Hepker and Lizzy Burden why nurseries say the chancellor’s plan to increase free childcare hours is 'unworkable'. Also in the show, an interview with Alan Hollis, chief executive of battery-maker AMTE Power, on the need for an industrial strategy if Britain is to meet its green goals. See omnystudio.com/listener for privacy information.
4/18/202326 minutes, 9 seconds
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Summing Up

Can Prime Minister Rishi Sunak solve the equation of how to get economic growth? Stephen Carroll and Caroline Hepker discuss the Prime Minister's call for better maths skills. Lizzy Burden interviews City Minister Andrew Griffith about the future of fintech. Plus Bloomberg's Sabah Meddings on the hole left by the UK's largest business lobby as it faces a major scandal. See omnystudio.com/listener for privacy information.
4/17/202326 minutes, 11 seconds
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Nursing Pints

Resolving NHS strikes is near the top of Rishi Sunak's to-do list. Nurse and RCN member, Antonia Berelson, says after many years of running on the goodwill bank, the bank has run dry. Also running dry are pub profits. Andy Tighe from the British Beer and Pub Association gives us his prescription for preventing more of them from going under. Hosts Yuan Potts and Lizzy Burden also speak to reporter Thomas Seal on the success of government subsidies for the film industry. Plus, Bloomberg's Lucy White on how much the strikes matter for the UK economy.  See omnystudio.com/listener for privacy information.
4/14/202325 minutes, 20 seconds
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Hunt's Page Turner

The Chancellor, Jeremy Hunt, is in Washington representing the UK at the IMF meetings. He tells us a page has been turned since the Truss era, six months ago, when Kwasi Kwarteng was forced to abruptly leave the same IMF event as his mini-budget unravelled. Plus: Simon Rubinsohn from the Royal Institution of Chartered Surveyors with the latest on UK property prices. Hosts Lizzy Burden and Yuan Potts break down the data and explore how the economy and housing market are likely to set the stage for the next election. See omnystudio.com/listener for privacy information.
4/13/202326 minutes, 8 seconds
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Biden's Hard Landing

The US President has touched down in Belfast for the 25th anniversary of the Good Friday Agreement. Our UK Economics and Government Managing Editor, and Irish-American, Brendan Scott, says some of Joe Biden's past comments have 'landed with a thud' in Northern Ireland. He says it's been fascinating to see how America's understanding of Ireland clashes with the reality. Hosts Lizzy Burden and Yuan Potts also talk to IPPR's health lead Chris Thomas on the future of the NHS. See omnystudio.com/listener for privacy information.
4/12/202325 minutes, 57 seconds
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Biden in Belfast

 US President Joe Biden is in Belfast today to mark 25 years since the Good Friday peace agreement was signed. Liz O'Donnell, one of the Irish government's negotiators, tells us about the final stages of the talks, and what she sees as the deal's unrealised potential. We also get the view of the leader of the opposition in the Stormont Assembly, Matthew O'Toole of the SDLP. He says Biden won't be able to "flick a switch" and restore power-sharing, but the continued US interest in Northern Ireland is welcome. Ellen Milligan reports from Belfast, and our reporter Eamon Farhat brings us details of the latest strike by junior doctors. Also in the show, hosts Yuan Potts, Lizzy Burden and Stephen Carroll discuss the latest polling which shows a narrowing of Labour's lead over the Conservatives. See omnystudio.com/listener for privacy information.
4/11/202324 minutes, 55 seconds
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Gambling With Power

MP Scott Benton has the Tory whip suspended after being caught in a gambling lobby sting. Our political reporter Joe Mayes joins us with the details. Intellect, preparation and courage: what Rishi Sunak says he admires about the late Chancellor, Nigel Lawson. Plus, our Dublin bureau chief Morwenna Coniam tells Bloomberg's Lizzy Burden, Caroline Hepker and Stephen Carroll what young people in Northern Ireland think about the Good Friday peace agreement, 25 years on. See omnystudio.com/listener for privacy information.
4/6/202326 minutes, 34 seconds
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Trading Places

We unpack Bloomberg's interview with Minister for Investment Dominic Johnson, discussing the impact of the UK joining the CPTPP trade deal. He was speaking to us during a visit to Singapore. Also in the show: Britain's biggest business lobby, the Confederation of British Industry, has postponed its public events while it investigates allegations of workplace misconduct - and some of its members are worried. Reporter Sabah Meddings joins hosts Yuan Potts, Lizzy Burden and Stephen Carroll with the details. See omnystudio.com/listener for privacy information.
4/5/202326 minutes, 10 seconds
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Lawson's Legacy

The architect of the modern financial services sector in the City of London, and Margaret Thatcher’s chancellor, Nigel Lawson, has died. Bloomberg’s Caroline Hepker, Yuan Potts and Stephen Carroll discuss his legacy. As the City struggles to attract company listings, our fintech reporter Aisha Gani assesses the current outlook for the UK’s financial hub. Plus: why industrial unrest, treatment backlogs and staff shortages are problems for health services across Europe, and not just in Britain.See omnystudio.com/listener for privacy information.
4/4/202326 minutes, 1 second
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Northern Star

Manchester has become an employment hotspot, according to Bloomberg analysis of millions of job postings, with many more positions advertised per worker than London. Our economics reporter Lucy White tells us which towns are winning and which are falling behind. Plus: as teaching union members vote 98% to reject the government's pay offer, Bloomberg's Stephen Carroll, Yuan Potts and Caroline Hepker get an update on which disputes have and haven't been settled with our strikes reporter Eamon Farhat.See omnystudio.com/listener for privacy information.
4/3/202325 minutes, 59 seconds
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Help to Buy, Bye

Labour's Shadow Levelling Up Minister Alex Norris says the (soon to end) Help to Buy scheme for first time homebuyers 'can only be seen as a mistake'. On levelling up, he tells hosts Caroline Hepker and Yuan Potts how his party would do things differently. Plus: where next for house prices and mortgage rates? We get an expert take from Bloomberg's Neil Callanan and Ray Boulger of mortgage broker John Charcol. See omnystudio.com/listener for privacy information.
3/31/202326 minutes, 31 seconds
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Can the Tories Power Up?

The government calls it an 'ambitious plan to scale up affordable, clean, homegrown power'. Bloomberg's Caroline Hepker and Yuan Potts ask IPPR Associate Director Luke Murphy and our energy and climate change reporter, Will Mathis if the 'Powering Up Britain' plan will deliver? Plus: Professor John Curtice, elections guru at Strathclyde University, on the new SNP leader, what we should watch for in May's local elections and whether the Tories can reboot their economic credibility. See omnystudio.com/listener for privacy information.
3/30/202327 minutes, 51 seconds
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Deputies with Daggers

Crime once again dominated a bitter PMQs with Labour’s Angela Rayner accusing Deputy PM Dominic Raab of bullying. With the party leaders at the funeral of the first female Commons speaker, Betty Boothroyd, it was gloves off at the despatch boxes. Bloomberg’s Yuan Potts and Caroline Hepker break down the rancorous exchange and look ahead to a raft of policy announcements coming tomorrow.See omnystudio.com/listener for privacy information.
3/29/202325 minutes, 50 seconds
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Boomer or Bust

 The Bank of England's Andrew Bailey has been reassuring MPs today about the stability of the banking sector. Hosts Yuan Potts, Caroline Hepker and Tom Mackenzie discuss that - and the health of the wider UK economy - with reporter Lucy White. The BOE governor also says early-retiring 'Boomers' are driving up inflation. We speak to 55/Redefined founder Lyndsey Simpson about encouraging over 50s to stay in work. Plus: we discuss the challenges for newly-elected SNP leader Humza Yousaf (age 37, not a Boomer). See omnystudio.com/listener for privacy information.
3/28/202325 minutes, 51 seconds
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A Welcome Exit

Margaret Hodge, a senior Labour MP who has long campaigned against anti-semitism says Jeremy Corbyn's end as a Labour MP is welcome. We discuss her work on getting dirty money out of London, and whether her party would end parliamentarians taking second jobs. Plus Alex Wickham and Caroline Hepker discuss why AI has caught the eye of politicians.  See omnystudio.com/listener for privacy information.
3/27/202325 minutes, 48 seconds
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Dividing The Pain

The UK economy has had a difficult week: double digit inflation and another Bank of England rate rise mean harder times ahead. Bloomberg Markets Today editor David Goodman tells anchors Caroline Hepker and Lizzy Burden the policy debate boils down to who takes the most economic pain. Plus: London tech reporter Amy Thomson talks TikTok bans and whether young users will take their favourite social media app being killed off lying down. See omnystudio.com/listener for privacy information.
3/24/202325 minutes, 24 seconds
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Grasp On Power

We have Prime Ministers aplenty in today's show. Lizzy Burden tells us Boris Johnson was unusually serious in his evidence to Parliament's Partygate inquiry. Bloomberg's Stephen Carroll, Caroline Hepker and Yuan Potts unpack the aftermath of the vote on the Windsor Framework, which passed with a hefty majority, but without the support of Johnson or Liz Truss. Our energy reporter Todd Gillespie joins us to discuss Bloomberg's scoop on traders making millions in the UK's power market. Plus: do Britain's high streets have a surprisingly rosy future? We hear from the CEO of Frasers Group and our Opinion columnist Andrea Felsted. See omnystudio.com/listener for privacy information.
3/23/202325 minutes, 18 seconds
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Crime and Blame

 Labour Leader Keir Starmer puts Rishi Sunak under pressure on crime and policing in the wake of a damning report into the Met. As well as PMQs, Westminster's also focussed on ex-Prime Minister Boris Johnson's testimony on Partygate. Former Conservative Attorney General Dominic Grieve joins hosts Lizzy Burden, Yuan Potts, and Caroline Hepker. He compares Johnson to a 'fraudster' conning the public and says the former PM's supporters are 'delusional'.  See omnystudio.com/listener for privacy information.
3/22/202331 minutes, 6 seconds
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Revenge of Partygate

Boris Johnson is getting hauled in front of the Privileges Select Committee, for a long-awaited inquiry into parties in Downing Street. Our Political Editor Kitty Donaldson gives us the inside story, and how it affects the government. Anchors Yuan Potts, Lizzy Burden and Caroline Hepker also discuss Baroness Casey’s damning report into the Metropolitan Police and how it is fast becoming an election issue.See omnystudio.com/listener for privacy information.
3/21/202326 minutes, 34 seconds
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Worlds Apart

A takeover of Swiss bank Credit Suisse is dominating financial headlines, but does Westminster care? Ahead of Boris Johnson's upcoming appearance at the partygate inquiry, Yuan Potts, Lizzy Burden and Stephen Carroll talk to author and politics professor Matthew Goodwin about what British voters are thinking. Dublin bureau chief Morwenna Coniam talks us through the DUP's view on the Windsor Framework, while Bloomberg Opinion columnist Lara Williams explains why she's disappointed by the £20 billion announced in the budget for carbon capture technology.  See omnystudio.com/listener for privacy information.
3/20/202326 minutes, 42 seconds
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Tentative Tory Turnaround?

There's a pay deal on the table for NHS staff in England, and intensive discussions underway with teachers over resolving their dispute. In the week of the budget, are things starting to turn around for Rishi Sunak's government? Our political reporter Emily Ashton brings us the latest on the strikes, while YouGov's Patrick English says public perceptions of the Conservative Party remain deeply negative. Plus: Labour MP Rebecca Long-Bailey tells Bloomberg's Caroline Hepker and Stephen Carroll that her party will be asking tough questions about the Budget moves on pension allowances. See omnystudio.com/listener for privacy information.
3/17/202326 minutes, 14 seconds
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Budget Hangover

We've had a day to recover, and we have a lot more thoughts about Jeremy Hunt's tax and spending plans. Our Senior UK Economist Dan Hanson joins Lizzy Burden and Stephen Carroll to discuss. Plus, the Institute of Director's Chief Economist Kitty Ussher tells us temporary tax incentives for business aren't good policymaking. See omnystudio.com/listener for privacy information.
3/16/202327 minutes, 40 seconds
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Box-Ticking Budget

Jeremy Hunt had something for business, households, pension savers and parents, but few surprises, in his first full Budget speech as Chancellor of the Exchequer. He unveiled improved economic forecasts showing the UK would not fall into technical recession this year, and that inflation would drop sharply to 2.9% by the end of the year. Bloomberg's Caroline Hepker, Stephen Carroll and Yuan Potts are joined by David Merritt and Lizzy Burden with highlights and analysis from the 2023 Budget. See omnystudio.com/listener for privacy information.
3/15/202326 minutes, 13 seconds
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Budget Bingo

We have a packed studio looking ahead to Jeremy Hunt's budget speech on Wednesday. Reporters Olivia Konotey-Ahulu, Lucy White and Philip Aldrick discuss what the Chancellor might do to get more people working, and why childcare has become a hot political issue. Lizzy Burden gives us her analysis of the UK's handling of Silicon Valley Bank's collapse, after she spoke to the government's city minister. Plus, tomorrow's events in Westminster will have a backdrop of more strikes. Our man on the picket lines, Eamon Farhat, joins Yuan Potts and Stephen Carroll with the details. See omnystudio.com/listener for privacy information.
3/14/202325 minutes, 42 seconds
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In for a Penny, In for a Pound

The definitive guide to how, in one weekend, the UK Government organised the sale of a bank for £1, potentially saving Britain's tech sector, and how the story is upending Westminster. Bloomberg's Caroline Hepker and Yuan Potts walk us through how a little-known bank based in California has people making comparisons to 2008. Plus City Minister Andrew Griffith speaks to Lizzy Burden about the government's intervention, which is winning praise even from Liberal Democrat Finance Spokesperson Sarah Olney. She joins to talk about her priorities for this week's Budget. See omnystudio.com/listener for privacy information.
3/13/202329 minutes, 59 seconds
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From Russia, With Money

A Bloomberg scoop: the government suspects Russians are using shell companies set up in the UK to launder money made from the war in Ukraine. We hear from reporters Alex Wickham and Alberto Nardelli. Former Conservative minister Lord Theodore Agnew, who resigned over the government's "woeful" oversight of fraud, tells Bloomberg's Caroline Hepker and Yuan Potts that Companies House has been astonishingly lax. He hopes his amendments to the economic crime bill will make a difference. Plus, Lizzy Burden and Lionel Laurent join us from Paris to discuss the Sunak-Macron summit.See omnystudio.com/listener for privacy information.
3/10/202333 minutes, 40 seconds
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Making A Lot Of Cents

As the US spends billions on green subsidies, we talk to Energy Minister Graham Stuart and reporter Will Mathis about whether the UK can compete. Bloomberg's Stephen Carroll and Yuan Potts discuss London's problem competing with the US for share listings with finance editor Marion Dakers. Also in the show, it's the first Franco-British summit since 2018, but what would be a win for the Prime Minister? Lizzy Burden joins us on her way to Paris. Meanwhile, a former PM is winning, with Boris Johnson raking in a reported £3.7 million in outside earnings so far this year. See omnystudio.com/listener for privacy information.
3/9/202326 minutes, 7 seconds
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Small Boats, Big Row

 Rishi Sunak's plan to stop boats carrying migrants across the English Channel dominates Prime Minister's Questions, as Keir Starmer accuses the PM of being "absolutely deluded". Bloomberg Opinion Columnist Therese Raphael joins Stephen Carroll and Yuan Potts to discuss the tests that Sunak's policy will face. Also in the show, Lizzy Burden brings us up to speed on her conversation with Bank of England policymaker Swati Dhingra about the outlook for interest rates and the economy.See omnystudio.com/listener for privacy information.
3/8/202325 minutes, 55 seconds
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Who, WhatsApp, Where And Why

Isabel Oakeshott, the journalist who released former health secretary Matt Hancock's Covid-era WhatsApp messages, joins Caroline Hepker, Lizzy Burden and Stephen Carroll to discuss the form and substance of the revelations. Plus, on the day the government is publishing its Illegal Migration Bill, we speak to King's College London economics professor Jonathan Portes about his latest research on the UK's immigration policies since Brexit. See omnystudio.com/listener for privacy information.
3/7/202325 minutes, 54 seconds
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Growth: Can Hunt Budge-It?

Ten days before Chancellor Jeremy Hunt unveils his budget and negative headlines are dogging the UK economy. Bloomberg's Lizzy Burden and Caroline Hepker take us through what levers Hunt could pull to restart growth. Natwest Chairman Howard Davies and BlondeMoney CEO Helen Thomas, who used to advise George Osborne, join to talk about the state of the economy. See omnystudio.com/listener for privacy information.
3/6/202326 minutes, 32 seconds
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Golden Triangles & Gray Lines

We follow up on the political fallout from chip designer Arm's decision to choose a US stock market listing over a London one. Liberal Democrat MP Layla Moran discusses the implications for UK innovation policy, and on her Oxford constituency which is part of the so-called 'Golden Triangle' of universities. Bloomberg's Stephen Carroll, Lizzy Burden and Yuan Potts also speak to Labour MSP Mercedes Villalba about Sue Gray's new job with Keir Starmer. Plus, our energy editor Rachel Morison on the extension of the government's energy price guarantee. See omnystudio.com/listener for privacy information.
3/3/202323 minutes, 30 seconds
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Chips and Kids

 Three in four mothers say childcare costs are so high working isn't worth it, according to a new report. Former Bank of England policymaker Michael Saunders tells Bloomberg's Lizzy Burden, Caroline Hepker and Yuan Potts why government needs to fix the problem. Plus, a major story in the tech sector with political stakes: Britain's tech giant Arm is listing on a US stock exchange. Jamie Urquhart, its co-founder, tells us the government's long-term technology strategy 'couldn’t be any worse'. Finally, is a Boris Johnson comeback now out of the question?See omnystudio.com/listener for privacy information.
3/2/202323 minutes, 13 seconds
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Texts From An Ex

Text messages from the former Health Secretary Matt Hancock bring the government's handling of Covid-19 in care homes into focus at today's Prime Minister's questions. Keir Starmer grills Rishi Sunak on energy bills, the cost-of-living crisis and economic growth. Bloomberg's Caroline Hepker and Stephen Carroll analyse the exchanges. Plus, our asset management reporter Loukia Gyftopoulou discusses the effect of the Windsor Framework deal on investor confidence. See omnystudio.com/listener for privacy information.
3/1/202325 minutes, 30 seconds
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Stormont's Big Brake

Will the new EU-UK deal on trading rules for Northern Ireland be enough for the DUP to rejoin power-sharing in Stormont? Lizzy Burden has the latest from Westminster. SDLP MP for Belfast South, Claire Hanna, tells Bloomberg's Stephen Carroll and Yuan Potts that she welcomes the agreement, but is worried the 'Stormont Brake' mechanism could create uncertainty for investors. Also in the show: we discuss a new study on the harassment of female politicians online with Lucina Di Meco of the advocacy group #ShePersisted. See omnystudio.com/listener for privacy information.
2/28/202323 minutes, 24 seconds
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What Is The Deal?

Will changes to post-Brexit trading rules for Northern Ireland be enough to keep both hardline Brexiteer Tory MPs and the Democratic Unionist Party onside? Lizzy Burden joins us from Westminster with the latest. Bloomberg's Yuan Potts and Stephen Carroll discuss the impact of a deal on Northern Ireland's politics and economy with Lord Reg Empey of the Ulster Unionist Party, who helped negotiate the Good Friday Agreement. Plus, our interview with Shadow Chancellor Rachel Reeves as Labour unveils more details of its economic policy. See omnystudio.com/listener for privacy information.
2/27/202326 minutes, 4 seconds
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One Year of War

How has Russia's invasion of Ukraine affected politics in Westminster and beyond? Caroline Hepker, Stephen Carroll and Lizzy Burden discuss what could happen next in the conflict, and the implications for European defence policy. Our Senior Executive Editor for International Government, Rosalind Mathieson, gives her analysis. Also in the show, we hear from the Mayor of Kyiv Vitali Klitschko, and the former UN Deputy Secretary-General Mark Malloch-Brown, now President of the Open Society Foundations. See omnystudio.com/listener for privacy information.
2/24/202323 minutes, 28 seconds
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Labour's Little List

Keir Starmer's been laying out Labour's "five bold missions" for government, focusing on economic growth, the NHS, crime, education and energy. James Woolcock joins Stephen Carroll and Yuan Potts with the details. Plus, new polling shows 59% of Britons think the country is going in the wrong direction. Craig Watkins from Kantar Public joins us to discuss.See omnystudio.com/listener for privacy information.
2/23/202322 minutes, 10 seconds
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Irreconcilable Over Brexit

It's back to politics as usual for Rishi Sunak and Keir Starmer at Prime Minister's Questions, with Brexit and the "intensive discussions" over a new agreement on trading rules for Northern Ireland dominating their exchange. Bloomberg's Caroline Hepker and Stephen Carroll are joined by Lizzy Burden to discuss. Plus, reporter Louise Moon tells us about a new study which says the UK would have more millions more homes if it had adopted planning laws like those in other European countries. See omnystudio.com/listener for privacy information.
2/22/202325 minutes, 57 seconds
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Preheating A Deal

Boris Johnson famously claimed his Brexit deal was 'oven-ready'. Now Rishi Sunak is warming up Conservative MPs to support a new agreement on trade rules for Northern Ireland. We speak to our reporters Lizzy Burden and Morwenna Coniam about the groundwork being laid in Westminster and in Belfast. Also in the show, economy reporter Tom Rees tells Bloomberg's Stephen Carroll and Yuan Potts how the latest figures on the public finances may make comforting reading for the Treasury. And, we hear the view of the HSBC CEO on the UK economy. See omnystudio.com/listener for privacy information.
2/21/202323 minutes, 32 seconds
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Sunak in Munich

As Rishi Sunak returns from the Munich Security Conference, and with UK-EU relations also in focus (again), we bring you Bloomberg's interview with the prime minister. Almost a year on from Moscow's invasion of Ukraine, hosts Caroline Hepker and Yuan Potts ask reporter Maria Tadeo about Europe's resolve to keep backing Kyiv. Plus: Labour MP Olivia Blake on the NHS, strikes and why voters in Scotland should support her party.  See omnystudio.com/listener for privacy information.
2/20/202324 minutes, 5 seconds
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Banking Progress

As Rishi Sunak heads to Belfast for surprise talks, Bloomberg's Caroline Hepker and Yuan Potts ponder if it's progress or just Brexit deja vu. Katie Murray, CFO of Edinburgh-based NatWest joins to talk about the outlook for the economy and whether Britain's lenders should be paying more tax. Plus, how does the UK's pension system compare to the rest of Europe? We look at its pros and cons with former pensions minister Steve Webb. See omnystudio.com/listener for privacy information.
2/17/202323 minutes, 44 seconds
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Resign Now, Independence Later?

Former Scottish First Minister Alex Salmond tells us the SNP doesn't just need a new leader, but a whole new independence strategy. Bloomberg's Lizzy Burden and Yuan Potts also discuss regulation of 'buy now, pay later' schemes with fintech reporter Aisha Gani. Plus: As Jeremy Corbyn vows to stand at the next election, we talk all things Labour with our UK politics editor Stuart Biggs. See omnystudio.com/listener for privacy information.
2/16/202323 minutes, 32 seconds
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Sturgeon Steps Down

 Nicola Sturgeon is resigning as Scotland's First Minister after more than eight years in power. Bloomberg's Yuan Potts, Stephen Carroll and Caroline Hepker discuss her shock resignation speech, her legacy and what it means for the Scottish independence movement. Gideon Skinner, head of politics research at Ipsos, also joins us to talk about the effect on the UK's political landscape, and the issues her successor will need to tackle. See omnystudio.com/listener for privacy information.
2/15/202326 minutes, 3 seconds
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More Money, More Problems

Wages are rising, but not by as much as inflation. Our UK correspondent Lizzy Burden breaks down the latest employment numbers, and the implications for the Chancellor ahead of next month's budget. Plus: what does the balloon controversy mean for relations between the UK and China? Asia government reporter Rebecca Choong Wilkins joins Bloomberg's Stephen Carroll and Yuan Potts to discuss. See omnystudio.com/listener for privacy information.
2/14/202322 minutes, 51 seconds
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No Expletives Left

 Iain Anderson wrote the book on the Conservative Party's relationship with business. The founder of public relations firm Cicero was also Boris Johnson's LGBT Business Champion. Now, he's backing Labour - he tells Bloomberg's Lizzy Burden and Yuan Potts why. Also in the show, our senior economics reporter Philip Aldrick looks ahead to the upcoming budget and tells us how the £17 billion 'Bank of Mum and Dad' is making Britain more unequal.  See omnystudio.com/listener for privacy information.
2/13/202323 minutes, 33 seconds
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Recess But No Recession

Parliament is in recess, but the UK did not fall into recession at the end of 2022. Our UK correspondent Lizzy Burden talks us through the political consequences of the latest economic data, while Stephen Millard of the National Institute of Economic and Social Research tell us what he thinks the Chancellor should do in next month's budget. Plus, Patrick English from YouGov tells Bloomberg's Yuan Potts and Stephen Carroll about their new research on people's perceptions of the cost-of-living crisis.See omnystudio.com/listener for privacy information.
2/10/202323 minutes, 20 seconds
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Budgeting for Babies

Business group the CBI give us their Budget wishlist, including free childcare hours for one and two year olds, to help with labour shortages. Former Chancellor Philip Hammond tells Bloomberg his successor is right to hold firm against pay rises for nurses. Plus, hosts Caroline Hepker and Yuan Potts discuss Volodymyr Zelenskiy’s speech in London with Bloomberg Opinion Columnist Therese Raphael.See omnystudio.com/listener for privacy information.
2/9/202323 minutes, 44 seconds
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Zelenskiy in Westminster

Ukraine's President is in the UK, speaking to MPs in Parliament and meeting Rishi Sunak. The visit dominated Prime Minister's Questions, with Labour's Keir Starmer highlighting the cross-party support for Ukraine. Also in the show, we discuss Liz Truss's attempt to reframe her time in Downing Street with Gavin Megaw from Hanover Communications, who previously worked for the Conservative Party.See omnystudio.com/listener for privacy information.
2/8/202325 minutes, 48 seconds
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Tinkering Around The Edges

Rishi Sunak has unveiled a reshuffled version of his front bench, with Greg Hands taking up the job of Conservative party chair, and a reorganisation of the departments focused on business and energy. Our UK Political Editor Kitty Donaldson explains why she's underwhelmed by the changes. Also in the show, Labour MP Sam Tarry tells Bloomberg's Stephen Carroll and Tom Mackenzie there's little sign of progress on pay talks between unions and government. See omnystudio.com/listener for privacy information.
2/7/202323 minutes, 46 seconds
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Do You Believe In Life After Liz?

Liz Truss gives her version of her time as Prime Minister in a long article in the Sunday Telegraph, but doesn't apologise. Treasury Select Committee Chair Harriet Baldwin says what's important is that normality has returned to bond markets. Defence Committee Chair Tobias Ellwood tells Bloomberg's Alex Wickham and Stephen Carroll the Conservative party has paid a heavy price for the "folly" of the Truss government. Also in the show: our reporters Ellen Milligan and Alberto Nardelli update us on the latest progress in EU-UK talks over the Northern Ireland Protocol. See omnystudio.com/listener for privacy information.
2/6/202323 minutes, 27 seconds
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Bailey's In The Sun

After speaking to Bloomberg, Bank of England Governor Andrew Bailey gave some snappy answers on yesterday's interest rate rise to the Sun newspaper. We asked our Chief Europe Economist Jamie Rush to break down what Bailey said about the economy, but also how he said it. Plus: Gideon Skinner from polling company Ipsos tells Bloomberg's Caroline Hepker and Stephen Carroll about how the strikes are weighing on public opinion.See omnystudio.com/listener for privacy information.
2/3/202323 minutes, 19 seconds
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What's In A Number?

Rishi Sunak has been Prime Minister for 100 days: what has he got to show for it? We discuss with our UK Politics editor Alex Morales, and ask him if marking this milestone is all a bit West Wing. Plus, the government is cracking down on anonymous foreign owners of British property. Caroline Hepker asks Business Minister Martin Callanan what difference the new rules will make. Also in the show: Bloomberg's Charlie Wells tells Stephen Carroll and James Woolcock what we know about the number of high net worth individuals leaving the country.See omnystudio.com/listener for privacy information.
2/2/202323 minutes, 23 seconds
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United In Discontent

Today sees the biggest wave of strikes in more than a decade, with almost half a million workers walking out in various pay disputes. Strikes don't feature prominently in the exchanges at Prime Minister's Questions, however. Keir Starmer and Rishi Sunak instead jostle over the behaviour of Nadhim Zahawi, Dominic Raab and Boris Johnson. We hear from unions on the picket lines representing teachers, train drivers and civil servants, while the TUC's Kevin Rowan tells Bloomberg's Yuan Potts and Stephen Carroll he expects the walkouts to continue. See omnystudio.com/listener for privacy information.
2/1/202325 minutes, 58 seconds
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Healthy Economic Debate

Bloomberg Economics has calculated Brexit is costing the UK £100 billion a year. Our senior UK economist Dan Hanson joins Caroline Hepker and Yuan Potts to discuss. On the third anniversary of Britain leaving the EU, we hear from UK in a Changing Europe Director, Anand Menon, and French MEP Nathalie Loiseau. Plus, can the NHS stay the same after years of crisis? Head of the IPPR's Commission on Health and Prosperity, Chris Thomas, and Head of Public Policy at the Institute of Economic Affairs, Matthew Lesh, put forward their views on the future of British healthcare. See omnystudio.com/listener for privacy information.
1/31/202323 minutes, 51 seconds
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Zahawi Sent Off (Corrected)

(This corrects an audio issue in the original version of this podcast)Sporting metaphors aplenty today, with the sending off of Conservative party chair Nadhim Zahawi, strategist Isaac Levido giving a half-time pep talk to ministers at Chequers, and the risk of politicians nosediving before the next election. University of Manchester politics professor Rob Ford joins Stephen Carroll and Yuan Potts to discuss the political landscape, with a maximum of two years before the next election. Plus, Katharine Birbalsingh, dubbed Britain’s strictest headmistress, on the challenges facing schools ahead of Wednesday’s strike by teachers, and why she stepped down as the government’s social mobility adviser.See omnystudio.com/listener for privacy information.
1/30/202323 minutes, 26 seconds
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The Hunt for Growth

In a major speech at Bloomberg’s European HQ in London, the Chancellor Jeremy Hunt laid out his “framework” for growing the UK economy. In an interview, he told our Anna Edwards he doesn’t have headroom for major tax cuts. We caught up with her afterwards. Plus: with a teachers’ strike on the way, Dan Moynihan, who runs 52 schools as CEO of the Harris Federation, tells Bloomberg’s Yuan Potts and Caroline Hepker the government will need to make concessions over pay. On academies, he says Labour policy “is not clear”.See omnystudio.com/listener for privacy information.
1/27/202324 minutes, 41 seconds
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On And Off The Rails

Nadhim Zahawi's future as Conservative Party chairman is being discussed as ministers gather at the Prime Minister's Chequers residence. Levelling Up Secretary Michael Gove has been quoting Oasis lyrics to our political reporter Joe Mayes while on a train to Manchester. They discuss our analysis of the government's flagship policy to reduce regional inequality. Mayes also brings Stephen Carroll and Yuan Potts the details of Bloomberg's Levelling Up Scorecard. Plus, Opinion Columnist Matthew Brooker on the state of Britain's railways, ahead of next week's strikes.See omnystudio.com/listener for privacy information.
1/26/202323 minutes, 12 seconds
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Labour Foreign Policy

Shadow Foreign Secretary David Lammy discusses the UK’s global role with hosts Caroline Hepker and Yuan Potts. He advocates for a more connected UK, but says that Britain now has no structured regular dialogue with Europe. Plus: Keir Starmer begins PMQs on probation service failings, following the murder Zara Aleena. He moves on to question Rishi Sunak on the issue of former chancellor Nadhim Zahawi and his tax affairs.See omnystudio.com/listener for privacy information.
1/25/202329 minutes, 10 seconds
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Zahawi's Careless Whisper

 With the Conservative party chairman under yet more scrutiny for being "careless" over his taxes, we speak to Dan Neidle of Tax Policy Associates, who did much of the initial research into Nadhim Zahawi's financial affairs. Lord Adair Turner, chair of the Energy Transitions Commission, joins us to discuss the resilience of the UK's power supply this winter. Plus: Liberal Democrat London Assembly member, Caroline Pidgeon, on the council tax hike faced by residents of the capital this year. See omnystudio.com/listener for privacy information.
1/24/202324 minutes, 37 seconds
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Sunak's Taxing Monday

Three of Sunak's ministers now face probes as the Prime Minister announces an investigation into Nadhim Zahawi's tax affairs. Bloomberg's UK government reporter Alex Wickham tells hosts Caroline Hepker and Yuan Potts this kind of announcement is a clear strategy by Downing Street to dampen scrutiny. Plus Bloomberg's energy editor Rachel Morison explains why companies are offering to pay customers to save energy.See omnystudio.com/listener for privacy information.
1/23/202323 minutes, 2 seconds
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Slogans and Skiing

Shadow Chancellor Rachel Reeves and Business Secretary Grant Shapps speak to Bloomberg as they battle for the support of the business elite in Davos - both using very similar slogans. Plus, Liberal Democrat Treasury Spokesperson Sarah Olney tells Bloomberg's Yuan Potts and Caroline Hepker the Conservatives have "tanked the economy" and need to go.  See omnystudio.com/listener for privacy information.
1/20/202323 minutes, 52 seconds
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Electing for No Election

Northern Ireland Secretary, Chris Heaton-Harris, says he won't call a Stormont election immediately when a deadline to form a devolved government expires at midnight. Stephen Farry, Deputy Leader of the Alliance Party, says it's the right decision, as there's no point in having an election now. He tells Bloomberg's Stephen Carroll and Yuan Potts that he's hopeful of an EU-UK deal on the Northern Ireland Protocol in the next few weeks. Also in the show, our Brussels Bureau Chief Kevin Whitelaw on the UK joining EU criticism of US plans for green energy subsidies.See omnystudio.com/listener for privacy information.
1/19/202323 minutes, 14 seconds
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Collateral Damage

Keir Starmer and Rishi Sunak trade jabs over the latest strike by nurses and the state of the NHS at Prime Minister's Questions. The SNP's Westminster leader Stephen Flynn accuses the Conservatives of making Scottish democracy "collateral damage" to pick a fight with Labour over the Gender Recognition Reform Bill. Bloomberg's Stephen Carroll and Yuan Potts are joined by SNP MP for Kilmarnock and Loudoun, Alan Brown, to discuss what Holyrood does next.See omnystudio.com/listener for privacy information.
1/18/202325 minutes, 56 seconds
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Mischief Making

 The Conservative government is vetoing Scotland's Gender Recognition Reform bill. Mercedes Villalba, a Labour member of the Scottish Parliament who voted in favour of the legislation, says the objection is an attack on devolution and a distraction from the Tories' economic failure and "mischief making". Villalba joins Bloomberg's Caroline Hepker and Lizzy Burden. Plus: Hannah White, Director of the Institute for Government, says we should expect 2023 to be a wasted year for politics. See omnystudio.com/listener for privacy information.
1/17/202325 minutes, 56 seconds
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Civil Liberties

The government is to strengthen anti-protest legislation, as more public sector workers are balloting for strike action. Dave Penman, General Secretary of the FDA union, tells Bloomberg's Lizzy Burden and Stephen Carroll why civil servants on the Fast Stream scheme are voting on industrial action, as well as his view of the government's response to the walkouts. Plus, our economy reporter Lucy White joins us to discuss two reports on how the cost-of-living crisis is exacerbating inequality in the UK. See omnystudio.com/listener for privacy information.
1/16/202323 minutes, 9 seconds
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Warmer Temperatures in Scotland

Rishi Sunak meets Nicola Sturgeon for "cordial" talks in Scotland, ahead of a potentially thorny deadline next week. Rodney Jefferson reports from Edinburgh. Also in the show: our Senior UK Economist Dan Hanson tells Bloomberg's Stephen Carroll and Caroline Hepker why the World Cup is partly to thank for the latest improvement in the UK growth picture, and cyber security reporter Ryan Gallagher explains who's behind the ransomware attack on the Royal Mail.See omnystudio.com/listener for privacy information.
1/13/202323 minutes, 7 seconds
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Building Bridges and Tunnels

UK-EU talks over Northern Ireland trade rules could enter a final phase, or 'tunnel', next week. Peter O'Dwyer reports from Dublin. North of Tyne Mayor Jamie Driscoll joins Bloomberg's Caroline Hepker and Stephen Carroll to discuss Labour's position on the ratcheting up of strikes. Driscoll also welcomes the £1.4 billion devolution plan for the north-east of England, and tells us he will run for the new, enlarged role of North East Mayor. Plus: Bloomberg Opinion's retail guru Andrea Felsted picks out the highlights from the UK retailers' trading updates.See omnystudio.com/listener for privacy information.
1/12/202323 minutes, 32 seconds
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Talk to Nurses, Not About Them

Healthcare strikes dominate the first Prime Minister's Questions of the year. The Royal College of Nursing's Pat Cullen tells Bloomberg's Caroline Hepker and Yuan Potts that the Prime Minister and Health Secretary are disrespecting nurses by not being prepared to talk about pay. In the House of Commons, Rishi Sunak also admits he has used private healthcare but is registered with an NHS GP.See omnystudio.com/listener for privacy information.
1/11/202326 minutes
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Heir, Spare... Do We Care?

 It's publication day for Prince Harry's long-awaited memoir, Spare, but is the media coverage a crisis for the Royal Family? Bloomberg Opinion columnist and Editor of the Times Literary Supplement, Martin Ivens, joins Stephen Carroll and Yuan Potts to discuss. Plus, our UK Business Editor Julian Harris on the government's bill to limit disruption from strikes and the latest on talks aimed at resolving the various pay disputes. See omnystudio.com/listener for privacy information.
1/10/202323 minutes, 28 seconds
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It's Good To Talk

There are talks on many fronts today: ministers are meeting unions to discuss pay disputes, and the EU's Brexit negotiator is having lunch with the Foreign Secretary. Conservative MP and Chair of the Northern Ireland Affairs Committee, Simon Hoare joins Bloomberg's Yuan Potts and Stephen Carroll to discuss the government's position in these negotiations. Plus: our Brexit-watchers Ellen Milligan and Alberto Nardelli bring us the latest on the UK-EU talks, and the prospects for a deal, as relations improve.See omnystudio.com/listener for privacy information.
1/9/202323 minutes, 37 seconds
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Not Picking Percentages

 As the government offers talks with striking unions, Labour's Pat McFadden rejects the idea the NHS or pay review bodies need fundamental change. He tells Bloomberg's Caroline Hepker and Lizzy Burden, he wants the government to negotiate and won't put a figure on how big a pay rise nurses deserve. Plus, Bloomberg's Eamon Farhat joins us after being out on the picket line with RMT transport workers. See omnystudio.com/listener for privacy information.
1/6/202323 minutes, 28 seconds
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Who Said It Best?

 It's the battle of the policy speeches: Labour's Keir Starmer takes up the baton from Prime Minister Rishi Sunak, laying out his party's priorities. We ask our political reporter Alex Wickham to spot the differences between the policy positions. Also in the show: Conservative MP Bob Blackman tells Bloomberg's Stephen Carroll and Lizzy Burden that more detail will come soon on the PM's five pledges. See omnystudio.com/listener for privacy information.
1/5/202323 minutes, 32 seconds
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Losing One's Marbles

Rishi Sunak dishes out maths education for all pupils in England up to age 18 in the Prime Minister's first major speech of the year. YouGov's Patrick English (with A-level maths) tells Bloomberg's Lizzy Burden and Caroline Hepker this is not the top priority for voters squeezed in a cost of living crisis. Plus, Bloomberg politics reporter Alex Wickham reveals his exclusive story about a potential deal for the British Museum to return the Parthenon Marbles to Greece.See omnystudio.com/listener for privacy information.
1/4/202323 minutes, 56 seconds
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2023 Off The Rails (Already)

We're back with our first show of the year, and so are the rail strikes. As government ministers and union leaders trade barbs, our UK correspondent Lizzy Burden gives us a briefing on the state of play with five days of train disruption this week. Healthcare reporter Lisa Pham has the latest on the various crises facing the NHS, while Bloomberg's Caroline Hepker and Stephen Carroll discuss the positive sounds coming from Dublin over Brexit and the Northern Ireland Protocol. See omnystudio.com/listener for privacy information.
1/3/202323 minutes, 9 seconds
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Oh, What A Year

Three Prime Ministers, four Chancellors, a disastrous mini-budget and much more. In our final podcast of 2022, our UK Political Editor Kitty Donaldson talks to Stephen Carroll and Yuan Potts about her highlights from a tumultuous period in Westminster, and the issues and names she's watching out for in 2023. Plus the team reflect on the events and interviews that made 2022 a year to remember in British politics.See omnystudio.com/listener for privacy information.
12/23/202223 minutes, 31 seconds
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Christmas Distilled

John Stepek, editor of Bloomberg's Money Distilled newsletter says there's a Grinch that could steal Britain's Christmas. Hosts Caroline Hepker and Yuan Potts debate how soon they can break out the festive spirit(s).  Bloomberg's Dan Hanson brings us the latest on the UK economy and explains the bind the government is in. Plus: Richard Donnell from Zoopla tells us pandemic property trends are going into reverse.See omnystudio.com/listener for privacy information.
12/22/202223 minutes, 15 seconds
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Flu and Strike Fever

Bloomberg's Caroline Hepker and Stephen Carroll discuss the ambulance strike as ministers tell the public not to take risks. Opinion columnist Therese Raphael and UK Correspondent Lizzy Burden analyse the pay demands and political price. Plus, our senior pharmaceutical analyst Sam Fazeli on flu season and retail expert Andrea Felsted says snow and strikes won't put Brits off a big festive season.See omnystudio.com/listener for privacy information.
12/21/202223 minutes, 8 seconds
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Nurses Strike Back

It's the second day of a strike by nurses in England, Wales and Northern Ireland, and the government is warning people not to call 999 during tomorrow's walkout by ambulance staff unless it's a life-threatening situation. Bloomberg's Stephen Carroll and Caroline Hepker hear from striking nurse Rachel Ambrose, while Rodney Jefferson reports from Edinburgh on how the Scottish government has secured pay deals with two unions representing NHS staff. Plus: where have all the workers gone? We get the details of a House of Lords report into labour inactivity from Economic Affairs Committee Chair, George Bridges.See omnystudio.com/listener for privacy information.
12/20/202223 minutes, 57 seconds
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Out Sick

Yet more strike action could mean a miserable week for many Brits. We ask Labour's Shadow Secretary for Work and Pensions, Jonathan Ashworth, how his party would deal with the shortage of workers in the UK and how much of a pay rise they would offer nurses. Bloomberg's Caroline Hepker and Yuan Potts discuss the pressures facing the health service and how the pay disputes could be resolved, with reporter Sabah Meddings. See omnystudio.com/listener for privacy information.
12/19/202223 minutes, 41 seconds
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Lords-a-Weeping?

Rishi Sunak is on his first visit to Northern Ireland since becoming Prime Minister, meeting party leaders as the political deadlock at Stormont continues. Bloomberg's Morwenna Coniam joins Yuan Potts and Stephen Carroll to discuss. Scotland's government meanwhile has increased its income tax rates, widening the gap with the rest of the UK. We hear from Rodney Jefferson in Edinburgh. Plus: Will Keir Starmer's plans for constitutional reform leave 786 Lords a weeping? Our Opinion columnist Therese Raphael tell us more, and discusses the political dilemma facing the government over the strike by nurses. See omnystudio.com/listener for privacy information.
12/16/202223 minutes, 42 seconds
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Breakfast, And Other Stories

Nurses begin their first strike in NHS history, adding to the government's woes from the recent wave of industrial action. The depth of the cost-of-living crisis is illustrated by the latest Bloomberg Breakfast Index, which tracks the price of key ingredients. Also in the show: why the Institute for Fiscal Studies wants changes to an inheritance tax loophole, plus the latest moves to boost UK wind power, in a week where spot prices for electricity reached a record high. Stephen Carroll and Yuan Potts are joined by Bloomberg reporters Julian Harris, Katie Linsell, Tom Metcalf and Will Mathis. See omnystudio.com/listener for privacy information.
12/15/202223 minutes, 22 seconds
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Striking While Hot

Labour leader Keir Starmer is in attack mode at this week's PMQs, pushing the Prime Minister on what he's doing to resolve the wave of industrial action, and in particular the looming strike by nurses. Bloomberg's Stephen Carroll and Yuan Potts listen in. Plus, we ask the new chair of the Treasury Select Committee, Harriett Baldwin, why she's concerned about the government's cost of living support plans. See omnystudio.com/listener for privacy information.
12/14/202226 minutes, 8 seconds
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Trains and Training

Rail workers from the RMT union begin the first of two 48-hour walkouts in their pay dispute. We hear from the union's Assistant General Secretary John Leach, and Labour MP Andy McDonald tells Bloomberg's Lizzy Burden and Stephen Carroll they can be both the party of unions and of business. Also in the show, as the latest employment data shows the labour market remains tight, can apprenticeships help solve the UK's skills shortage? Doniya Soni-Clark from Mulitverse joins us to discuss.See omnystudio.com/listener for privacy information.
12/13/202223 minutes, 19 seconds
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Coal Remedy

Freezing temperatures have pushed UK power prices to a record high, with the National Grid putting coal plants on standby to handle a peak in demand expected on Monday evening. Our energy editor Rachel Morison explains the crunch the grid is facing, and what's being done about it. Plus, Rightmove's Tim Bannister takes Bloomberg's Stephen Carroll and Lizzy Burden through the details of their latest figures, which show asking prices falling at the fastest rate in four years.See omnystudio.com/listener for privacy information.
12/12/202223 minutes, 20 seconds
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A Big Whimper

 The Treasury has unveiled its long-promised overhaul of financial regulation, but it's being described (by Bloomberg's Marcus Ashworth) as more of a "big whimper" than a Big Bang for the City. Our UK correspondent Lizzy Burden discusses the proposals with City Minister Andrew Griffith, and we get reaction from Chris Hayward, Policy Chairman of the City of London Corporation. Also in the show, our residential property reporter Damian Shepherd tells Bloomberg's Yuan Potts and Stephen Carroll about the latest figures on soaring cost of renting, and a shortage of student housing. See omnystudio.com/listener for privacy information.
12/9/202221 minutes, 9 seconds
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Strikers and Miners

With the UK facing the worst industrial unrest in decades, Labour's Rebecca Long-Bailey tells us public sector workers deserve a pay rise in line with inflation. The former shadow business secretary tells Bloomberg's Yuan Potts and Stephen Carroll she's hopeful her party will lay out more radical policies by the time of the general election. Plus: the Conservative mayor of Copeland in Cumbria, Mike Starkie, on why the area's newly-approved coal mine is such a big jobs win for Whitehaven.See omnystudio.com/listener for privacy information.
12/8/202223 minutes, 50 seconds
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Starters And Desserts

Stephen Flynn makes his PMQs debut as the SNP's new Westminster leader, while Labour's Keir Starmer calls Rishi Sunak the 'blancmange prime minister', after recent u-turns. Bloomberg's Stephen Carroll and Yuan Potts break down the takeaways from the session. Plus: what does the government's new onshore wind policy mean for the UK's energy mix? Renewable energy reporter Will Mathis joins us with some surprising statistics.See omnystudio.com/listener for privacy information.
12/7/202225 minutes, 56 seconds
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No Building Consensus

Backbench Conservative MPs have forced Rishi Sunak to backtrack on one of his flagship policies on setting targets for home building. One of the rebel ringleaders, Isle of Wight MP Bob Seely joins Bloomberg's Lizzy Burden and Yuan Potts to discuss his victory. Plus, with strike action affecting at least one sector every day until Christmas, our Business Editor Julian Harris talks us through the impact on the wider economy.See omnystudio.com/listener for privacy information.
12/6/202223 minutes, 34 seconds
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Has Starmer Got Stamina?

As the Labour leader pitches himself as the prime minister in waiting, we ask our UK Government Editor Stuart Biggs about Keir Starmer's major plans to reform politics and whether he can keep his massive poll lead until the next election. Britain's largest business lobby, the CBI, says the UK is facing a lost decade of growth if the government doesn't change its ways. Our Senior UK Economy reporter Philip Aldrick discusses the context and details with Bloomberg's Lizzy Burden and Stephen Carroll. See omnystudio.com/listener for privacy information.
12/5/202223 minutes, 35 seconds
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Natural Churn

As Sajid Javid becomes the latest Tory parliamentarian to announce he's standing down, Alexander Stafford, Conservative MP for Rother Valley told Bloomberg's Caroline Hepker and Lizzy Burden it's just the natural churn ahead of an election and no bad thing. Also in the show, is there a TBC for ESG in UK politics and what Labour's Chester win really tells us about the party's quest for power.See omnystudio.com/listener for privacy information.
12/2/202224 minutes, 24 seconds
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Great Gambling Britain

The UK is the world's biggest regulated online gambling market, and one of the most liberalized. Bloomberg's Gavin Finch joins Stephen Carroll and Caroline Hepker to discuss the rapid growth of the controversial industry, and how lobbying has helped to limit its regulation. Also in the show, as new figures from Nationwide show house prices dropping further in November, the author of our Money Distilled newsletter John Stepek tells us how government policy has affected the market. Plus, as it's December 1st, we think festive thoughts about seasonal ads. See omnystudio.com/listener for privacy information.
12/1/202223 minutes, 45 seconds
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A Bitter Brexit Pill?

The Bank of England's chief economist Huw Pill says Brexit is partly to blame for the UK's high inflation, adding to labour shortages and wage pressures. Bloomberg's Yuan Potts and Caroline Hepker break down his comments, including his forecast for when we can expect some relief from rising prices, with UK correspondent Lizzy Burden. Plus: the view from the Bank of England on Kwasi Kwarteng's ill-fated mini-budget. The chair of the Lords Economic Affairs Committee George Bridges discusses BoE governor Andrew Bailey's appearance. See omnystudio.com/listener for privacy information.
11/30/202223 minutes, 41 seconds
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Goodbye Golden Era

Rishi Sunak says the 'golden era' of relations with China is over, but that the UK should engage with Beijing on key issues. Meanwhile, the leader of the opposition in Northern Ireland's Assembly wants the Prime Minister to engage with the EU on the Northern Ireland Protocol. The SDLP's Matthew O'Toole tells Bloomberg's Stephen Carroll and Yuan Potts that issues over post-Brexit trade could be resolved quickly by the UK government, as a bill to extend the deadline for elections to Stormont is fast-tracked through Westminster. Plus, our Senior International Affairs reporter Marc Champion joins us to discuss Rishi Sunak's recalibration of the UK's foreign policy priorities. See omnystudio.com/listener for privacy information.
11/30/202222 minutes, 19 seconds
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The Power Of Hot Air

Rishi Sunak is facing another parliamentary rebellion over onshore wind farms, while there's been another kind of hot air around former Health Secretary Matt Hancock's performance on reality TV show I'm a Celebrity. Bloomberg's Yuan Potts and Stephen Carroll are joined by our Opinion columnist Therese Raphael to discuss why the Prime Minister and Keir Starmer might be taking an economics lesson from Joe Biden. Richard Donnell from property website Zoopla tells us about their latest data on the UK's housing market. See omnystudio.com/listener for privacy information.
11/28/202222 minutes, 23 seconds
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Oh, The OBR

Jeremy Hunt says he doesn't accept the Office for Budget Responsibility's assessment that the UK economy will be 4% smaller than if it had stayed in the European Union. Our UK correspondent Lizzy Burden joins Stephen Carroll and Caroline Hepker to discuss his comments, and compare them to her interviews with policymakers, business leaders and the head of the OBR. Also in the show: we hear from two London-based CEOs, Jason Trost of Smarkets and Rishi Khosla of OakNorth Bank, about what they want from the future of UK-EU relations. See omnystudio.com/listener for privacy information.
11/25/202223 minutes, 20 seconds
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To Tax, Or Not To Tax

As the Chancellor says the Treasury is looking into the potential revenues from scrapping the 'non-dom' tax status, we speak to the author of Bloomberg's Money Distilled newsletter, John Stepek, about what he sees as the bigger issues in the tax system. Also in the show: What next for the Scottish National Party after the Supreme Court quashed its plan for another independence referendum? NP MP Tommy Sheppard joins Yuan Potts and Stephen Carroll to discuss. See omnystudio.com/listener for privacy information.
11/24/202223 minutes, 33 seconds
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Farage's Tips Tested

Bloomberg's Harry Wilson has spent months testing financial insights from Nigel Farage's 'Freedom & Fortune' newsletter. He says the former UKIP leader's stocks are deep in the red, doing worse than a FTSE All-Share tracker. Plus: what next for the SNP? After the UK’s top court says the Scottish government can't call a second independence referendum, Bloomberg's Yuan Potts and Caroline Hepker get analysis from Lynda Towers, from Scottish law firm Morton Fraser.See omnystudio.com/listener for privacy information.
11/23/202221 minutes, 42 seconds
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Brexit's Back, Alright

Brexit is climbing its way back up the political charts again. Rishi Sunak says his government won't align with European Union rules, while Keir Starmer has told the CBI conference the UK needs to reduce trade barriers with the EU. Our political reporter Ellen Milligan brings us the latest. Plus: Former Liberal Democrat leader Tim Farron joins Bloomberg's Stephen Carroll and Yuan Potts to discuss his new book on why Christians should get involved in politics.See omnystudio.com/listener for privacy information.
11/22/202228 minutes, 20 seconds
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Recession in the City

The new Lord Mayor of London, Nicholas Lyons, says jobs will be lost in the City as a recession looms. He is optimistic, however, about a change of tone in EU-UK relations, as he likens Brexit to "shooting yourself in the foot". Lyons tells Bloomberg's Caroline Hepker and Stephen Carroll that the government needs to get behind business and create an environment for investment. Plus: we hear from Rishi Sunak and CBI Director-General Tony Danker as the Prime Minister addresses the annual conference of the UK's biggest business lobby group.See omnystudio.com/listener for privacy information.
11/21/202229 minutes, 21 seconds
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Hunting for Positives

 A day after the Chancellor set out tax rises and spending cuts amid a grim set of economic forecasts, Bloomberg's Yuan Potts and Caroline Hepker speak to Lindsay Judge from the Resolution Foundation about what they're calling an unprecedented collapse in living standards. Despite the overall gloom, she tells us Jeremy Hunt's inflation uprating of pensions and benefits is welcome. Shadow Chancellor Rachel Reeves says ordinary working people are paying the price for the government's decisions. Plus: reaction from the Federation of Small Businesses, the TUC and think tank Onward. See omnystudio.com/listener for privacy information.
11/18/202222 minutes, 23 seconds
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At Last, The Autumn Statement

After weeks of leaks and speculation, Jeremy Hunt finally delivered his Autumn Statement - a budget in all but name. He unveiled £55 billion of tax rises and spending cuts, including extending a windfall tax on oil and gas companies, reducing the threshold for the top rate of income tax, and increasing benefits and pensions in line with inflation. Bloomberg's Stephen Carroll and Yuan Potts bring you highlights from the Chancellor's speech, and reaction from Lord Bilimoria, Vice-President of the Confederation of British Industry. See omnystudio.com/listener for privacy information.
11/17/202222 minutes, 11 seconds
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Deputies On Duty

Angela Rayner and Dominic Raab stand in for Prime Minister's Questions, as Rishi Sunak is at the G-20 in Bali and preoccupied with events on the Poland-Ukraine border. The focus at the dispatch box was on inflation, tax havens and bullying allegations. Our UK correspondent Lizzy Burden joins Bloomberg's Caroline Hepker and Stephen Carroll to discuss PMQs, while Gideon Skinner from Ipsos briefs us on the latest polling on Rishi Sunak. See omnystudio.com/listener for privacy information.
11/16/202226 minutes, 15 seconds
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From Bali With Love

While Rishi Sunak meets world leaders in Indonesia, we're counting down to his government's budget. Bloomberg Opinion columnist Therese Raphael briefs us on Jeremy Hunt's fiscal balancing act and one change Labour is pushing for: the abolition of the 'non-dom' tax status. Plus: one world leader not at the G-20: Vladimir Putin. Stephen and Caroline speak to Britain's Former Ambassador to Russia Sir Tony Brenton about how we should be thinking about what the Kremlin does next.See omnystudio.com/listener for privacy information.
11/15/202222 minutes, 23 seconds
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Austerity, But Later

The Chancellor may delay some of the spending cuts needed to plug the hole in the public finances until after the next election, according to Bloomberg's reporting. Liberal Democrat Treasury spokesperson Sarah Olney says such delays are not going to do much to restore faith in the UK economy. She tells Bloomberg's Yuan Potts and Stephen Carroll her party favours extending taxes on oil and gas companies, and potentially revising the thresholds for capital gains tax. As Rishi Sunak touches down in Bali for the G20 summit, our Senior International Affairs reporter Marc Champion tells us of the diplomatic challenges the PM faces. Plus, we get a view on the UK economy from former Bank of England policymaker Michael Saunders.See omnystudio.com/listener for privacy information.
11/14/202221 minutes, 56 seconds
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Little Britain

With only a few days until the budget, the latest GDP figures show the UK economy shrinking. Bloomberg's Philip Aldrick tells anchors Caroline Hepker and Lizzy Burden to forget Trussonomics, it's "Market-onomics" now. Plus journalist James Heale discusses "Out of the Blue" the biography of former Prime Minister Liz Truss he has written with Harry Cole which he says has been the butt of plenty of jokes. See omnystudio.com/listener for privacy information.
11/14/202223 minutes, 9 seconds
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The UK’s Climate Crown Slips (In the City)

While we at Bloomberg UK Politics build up to the government's budget next Thursday, we wanted to bring you the latest from the COP27 climate talks. So here's a special extra episode courtesy of Bloomberg's In the City podcast.In it, our senior climate reporter Akshat Rathi and author of The Readout newsletter Allegra Stratton, who was also the UK government's COP26 spokesperson dig into the increasing skepticism surrounding the UK's commitment to its net-zero targets  with Francine Lacqua. We'll be back with more Bloomberg UK Politics on Monday.  See omnystudio.com/listener for privacy information.
11/12/202224 minutes
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Rishi Goes To Blackpool

Rishi Sunak meets Ireland's Taoiseach Micheál Martin in Blackpool for the British-Irish Council. It's the first time a UK Prime Minister has attended since 2007, but Northern Ireland's ministers won't be there because the power-sharing executive remains suspended. Former Finance Minister, Sinn Féin's Conor Murphy, joins Bloomberg's Stephen Carroll and Yuan Potts to discuss his hopes for the meeting, the delayed elections to the Stormont Assembly and his concerns over how spending cuts by Jeremy Hunt may impact Northern Ireland. Plus: we discuss the UK property market with our reporter Lizzy Burden, and Tarrant Parsons, from the Royal Institution of Chartered Surveyors. See omnystudio.com/listener for privacy information.
11/10/202223 minutes, 19 seconds
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Gav-Exit and Brexit

Rishi Sunak spent much of his third Prime Minister's Questions talking about Gavin Williamson's departure from cabinet over bullying allegations. Bloomberg's Stephen Carroll and Yuan Potts bring you highlights of the exchanges with Labour leader Keir Starmer over the resignation, windfall taxes on energy and more. Plus: our political reporter Ellen Milligan brings us her scoop on how the UK and EU are close to a breakthrough on a thorny post-Brexit issue around trade data.See omnystudio.com/listener for privacy information.
11/9/202226 minutes, 4 seconds
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Climate Royale

With COP27 underway in Egypt, how much has the UK done towards its pledges of a year ago? John Gummer, chair of the UK's independent Committee on Climate Change says the UK has a long journey to Net Zero. Meanwhile former Prime Ministers Tony Blair and John Major have criticised the new season of The Crown. Sarah Rappaport has reviewed the Netflix series for Bloomberg Pursuits. She tells Bloomberg's Caroline Hepker and Yuan Potts the royals needn't fear for their reputations. Plus: TheCityUK CEO Miles Celic on what the finance sector wants from the government's Autumn Statement.See omnystudio.com/listener for privacy information.
11/8/202224 minutes, 48 seconds
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Westminster's #Dilemma

Does politics rely on Twitter to function? Will Westminster's insiders stick with the platform after Elon Musk's takeover? Bloomberg's Stephen Carroll and Lizzy Burden are joined by former Twitter Vice-President Bruce Daisley, now an author and podcaster, to discuss the changes at the politicos' preferred social media site. Plus, could leaks sink Jeremy Hunt's budget? Panmure Gordon's Chief Economist Simon French tells us why he'd like Downing Street to keep quiet about what's in store on the 17th of November. See omnystudio.com/listener for privacy information.
11/7/202222 minutes, 51 seconds
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Recession Realities

The Bank of England says the future of the UK economy looks bleak, with a recession guaranteed and half a million jobs likely to be lost. Amidst the doom and gloom, we ask University of Cambridge economist Diane Coyle what the government could do now to improve the situation. Former Chief Secretary to the Treasury, Danny Alexander, now at the Asian Infrastructure Investment Bank, tells us that austerity will be tougher now than in 2010. Plus: no pre-Christmas election in Northern Ireland. Bloomberg's Stephen Carroll and Yuan Potts get reaction from Alliance Party deputy leader, Stephen Farry.See omnystudio.com/listener for privacy information.
11/4/202225 minutes, 36 seconds
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Migration Moves

MPs say the Home Secretary needs to "get a grip" on the processing of migrants after reports her decision-making led to thousands of people being detained illegally at a center in Kent. As the political debate rumbles on, Bloomberg's Yuan Potts and Stephen Carroll crunch the latest census numbers on immigration with Jon Wroth-Smith from the Office for National Statistics. Plus, our Senior Executive Editors David Merritt and Stephanie Flanders discuss the political and economic context for today's interest rate hike by the Bank of England. See omnystudio.com/listener for privacy information.
11/3/202223 minutes, 38 seconds
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I'm A Politics Podcast Get Me Out Of Here

UK Trade Secretary Kemi Badenoch tells Bloomberg the OBR has never been quite right. We hear from her interview with Bloomberg's Lizzy Burden. Plus, neither Caroline Hepker nor Yuan Potts have been to the ITV jungle, but Lembit Opik has. The former MP and 'I'm Celebrity Get Me Out Of Here' contestant tells us why his friend the former Health Secretary Matt Hancock has decided to go on reality TV. Treasury Select Committee member Harriett Baldwin joins for a conversation about the UK economy and her bid for Treasury select committee chair.  See omnystudio.com/listener for privacy information.
11/2/202223 minutes, 35 seconds
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Taxing Choices

 The government says it's inevitable that we'll all have to pay more tax to fill the hole in the public finances. After bumper profits from energy companies BP and Shell, our reporter Ellen Milligan joins Bloomberg's Yuan Potts and Stephen Carroll to discuss whether more could be raised from windfall taxes. Markets reporter Valerie Tytel discusses a landmark move by the Bank of England to sell some of its bonds, plus we hear from Institute for Economic Affairs Director General Mark Littlewood about why he thinks some elements of Liz Truss's economic plan should be revived. See omnystudio.com/listener for privacy information.
11/1/202222 minutes, 48 seconds
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Dialling Up Trouble

 Professor Anthony Glees, University of Buckingham security and intelligence expert, says it's genuinely hard to think of a more serious breach of national security than the hacking of Liz Truss's personal phone which took place over a period time by a foreign power. And on the government's wider national security issues Bloomberg's Cybersecurity reporter Jordan Robertson joins anchors Caroline Hepker and Lizzy Burden. Plus: Bloomberg's UK government and economy reporter Alex Morales lists all the pressure on the new PM, Rishi Sunak. See omnystudio.com/listener for privacy information.
10/31/202224 minutes, 49 seconds
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What A Week

A Conservative coronation, a Downing Street handover, and a delayed fiscal statement. Bloomberg's Lizzy Burden is back in the studio with Stephen Carroll after reporting on a wild week in Westminster. Senior UK Economy Reporter Philip Aldrick discusses the only issue the government cares about right now: balancing the books. Plus, our Dublin bureau chief Morwenna Coniam joins us to talk about the looming election in Northern Ireland. See omnystudio.com/listener for privacy information.
10/28/202223 minutes, 27 seconds
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Paying The Price

Rishi Sunak is facing pressure in and outside of Westminster. Re-appointing Suella Braverman as Home Secretary has figures inside the Conservative Party asking questions - our UK Government Editor Stuart Biggs joins us to discuss the latest. Olivia Konotey-Ahulu reports on new figures showing how the cost of living crisis is hurting more people than ever. Plus: a deadline looms to restore power-sharing government in Northern Ireland or hold fresh Assembly elections. DUP MP Carla Lockhart tells Bloomberg's Stephen Carroll her party aren't afraid of facing voters over their refusal to join the executive. See omnystudio.com/listener for privacy information.
10/27/202223 minutes, 16 seconds
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Serious, Grown-up Questions

Rishi Sunak promises robust, serious and grown-up exchanges with Labour leader Keir Starmer in his first Prime Minister's Questions. The two traded barbs over Suella Braverman's re-appointment as Home Secretary, tax and spending plans, crime and even Brexit. Bloomberg's Yuan Potts and Stephen Carroll get instant analysis from Opinion columnist Therese Raphael, and discuss the Chancellor's plans to delay his fiscal statement to November 17 with Senior UK economist Dan Hanson. See omnystudio.com/listener for privacy information.
10/26/202226 minutes, 11 seconds
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Ready Steady Rishi

Rishi Sunak takes over as the third prime minister in as many months, promising to fix the "mistakes" of his predecessor Liz Truss and unite the country through actions, not words. Bloomberg's Stephen Carroll and Yuan Potts discuss his first speech outside Downing Street with Opinion columnist Marcus Ashworth, and speak to Labour MP Ben Bradshaw about what's next for the opposition.See omnystudio.com/listener for privacy information.
10/25/202225 minutes, 25 seconds
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Considering A Coronation

Will Conservative party members get a chance to vote on their next leader, or will Rishi Sunak be crowned without a contest? As we count down to the deadline for Penny Mordaunt to secure the support of at least 100 MPs, we hear from MP Robbie Moore on why he's supporting the Commons Leader, and from Sunak backer Jo Gideon MP. Plus: Bloomberg's Yuan Potts and Stephen Carroll speak to Will Tanner, former adviser to Theresa May and director of the Onward think tank, about what voters want to see from the next Prime Minister.  See omnystudio.com/listener for privacy information.
10/24/202223 minutes, 21 seconds
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Thank You, Next

Conservative MPs are lining up behind their preferred candidates to replace Liz Truss as Prime Minister. Along with Rishi Sunak and Penny Mordaunt, Boris Johnson is considered to be among the frontrunners, but former Chancellor Philip Hammond says the markets wouldn't appreciate a return to a past leader. We also hear from Will Walden, a former adviser to Johnson. Bloomberg's Yuan Potts and Stephen Carroll speak to former Lloyd's of London CEO Inga Beale about leadership in the corporate world, and lessons that could apply to the next PM, who'll have to unite a divided Conservative Party.See omnystudio.com/listener for privacy information.
10/21/202224 minutes, 36 seconds
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Truss Teetering

There is "no non-Hunger Games outcome" to the crisis facing Liz Truss, according to Bloomberg's political reporter Alex Wickham. He joins Yuan Potts and Stephen Carroll as the Prime Minister meets Graham Brady, the Chairman of the 1922 Committee of backbench Conservative MPs. Truss's government is on the verge of collapse after 24 hours which saw resignations, un-resignations, and a shambolic parliamentary vote that included claims of MPs being "manhandled" into the voting lobby. Also in the show, University of Liverpool politics professor Jon Tonge tells us this is a '10/10 level of crisis' and why the current situation reminds him of 1997. See omnystudio.com/listener for privacy information.
10/20/202225 minutes, 40 seconds
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Gone, Gone, Gone?

Labour leader Keir Starmer hammers Liz Truss at her third Prime Minister's Questions, saying the Conservatives' policies, credibility, and Chancellor are all gone, and that Truss has built her mandate on "fantasy economics". The Prime Minister defended her record, saying that she is a "fighter not a quitter". Bloomberg's Stephen Carroll and Caroline Hepker bring you the highlights and reaction from Labour MP Jon Trickett, who was in the chamber for the exchanges. See omnystudio.com/listener for privacy information.
10/19/202224 minutes, 26 seconds
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A Sorry State

What's in an apology? Bloomberg's Therese Raphael discusses the value of Liz Truss saying sorry with hosts Caroline Hepker and Stephen Carroll. Plus Grayling's Joey Jones, a former spokesperson for Theresa May, tells us he wouldn't like to be advising Truss now. Also in the show: Bloomberg UK economics reporter David Goodman on the prospect of austerity and how Jeremy Hunt's new council of economic advisors shows no trace of Trussonomics.See omnystudio.com/listener for privacy information.
10/18/202222 minutes, 48 seconds
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Trussonomics in Tatters

Chancellor Jeremy Hunt reverses almost all of the mini-budget tax cuts and announces the energy support package will only apply until April. Bloomberg's Stephen Carroll and Caroline Hepker get reaction from London's Mayor Sadiq Khan and our reporters Lizzy Burden and Valerie Tytel. Plus: analysis from economist Duncan Weldon and the latest on polling from the Ipsos CEO Ben Page. See omnystudio.com/listener for privacy information.
10/17/202229 minutes, 45 seconds
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Kwarteng Sacked

Chancellor Kwasi Kwarteng has been sacked after only 38 days in office. Lizzy Burden is outside Downing Street, waiting to see Liz Truss at the iconic podium. Plus Bloomberg's Executive Editor David Merritt joins Caroline Hepker and James Woolcock in the studio, he says businesses are calling the UK "uninvestable". Labour Shadow Minister Tan Dhesi joins to stress the case for a new government and the Chief of Staff to former Chancellor George Osborne Rupert Harrison talks to Caroline Hepker and Tom Mackenzie about how to get out of a financial crisis.See omnystudio.com/listener for privacy information.
10/14/202226 minutes, 11 seconds
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It All Ends In Tears

Former Bank of England Policymaker Martin Weale says there's been quite a lot of tears since the mini-budget. He talks to Bloomberg's Caroline Hepker and  Lizzy Burden about the UK's economic chaos. Plus, is the economy safe as houses? We're joined by RICS Chief Economist Simon Rubinsohn on a gloomy outlook for the property market. Then Yuan Potts looks ahead to a wild ride in the markets in the run up to the Chancellor's Halloween budget.See omnystudio.com/listener for privacy information.