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- 1277 - Storm Shadow And ICBM: UK Missiles Part of Ukraine Russia Escalation
Ukraine says Russia has fired an intercontinental ballistic missile at the city of Dnipro. If confirmed, it would mark the first use of the weapon in combat since it was created at the start of the Cold War. Bloomberg Opinion columnist Marc Champion and head of Bloomberg Media Editorial David Merritt discuss what this development means for Ukraine, and for the UK government. Hosted by Caroline Hepker and Stephen Carroll.
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Thu, 21 Nov 2024 - 1276 - The Power of Prices: Does Labour Need To Worry About Inflation?
The latest inflation data shows the pace of prices is picking up, rising to 2.3% in October. Our Chief UK economist Dan Hanson explains why, and if it's likely to increase further. Given the cost of living was a major election issue, our UK government reporter Joe Mayes discusses how worried the Labour government is and what their response might be. Hosted by Stephen Carroll and Caroline Hepker.
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Wed, 20 Nov 2024 - 1275 - Food For Thought: Farmers Protest Inheritance Tax Changes
'Betrayed'. That's how National Farmers' Union Vice President Rachel Hallos described members' feelings towards the government, a year after Keir Starmer told their conference how much Labour valued the industry. She joins us today to explain why farmers are so angry at plans to impose 20% inheritance tax on some farming estates. Hosted by Yuan Potts and Caroline Hepker.
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Tue, 19 Nov 2024 - 1274 - Keep Your Friends Close: Starmer at the G-20
Keir Starmer is in Brazil for the G-20 gathering of world leaders at a time when tensions are high over Ukraine, the Middle East and the potential effects of Donald Trump in the White House. Starmer will also become the first UK Prime Minister in six years to meet Chinese President Xi Jinping, but in doing so will he risk the ire of President-elect Trump? Bloomberg's UK Politics Editor Alex Morales joins us to discuss. Hosted by Caroline Hepker and Stephen Carroll.
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Mon, 18 Nov 2024 - 1273 - Pensions Push: Rachel Reeves Tells Us Her Plan To Boost Investment
The Chancellor Rachel Reeves wants to create pension 'megafunds' to keep more money invested in Britain. She hopes it will kick start Britain's economic and productivity growth. Ahead of her Mansion House speech to the City of London, she talked to Lizzy Burden about her plans. We also hear from London's new Lord Mayor, Alastair King, while our City Editor Katherine Griffiths explains how the plan might work. Hosted by Lizzy Burden and Caroline Hepker.
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Thu, 14 Nov 2024 - 1272 - Efficiency, Elon Musk Style: Can Britain's Government Work Better?
Elon Musk reckons he can cut $2 trillion from the US government's spending plans, almost a third of their yearly budget. He's the latest in an string of public figures promising to cut 'government waste'. With rising bond yields wiping out Chancellor Rachel Reeves's fiscal headroom, does she too need to think more drastically about government efficiency? Our senior economy reporter Phil Aldrick joins us to discuss. Hosted by Stephen Carroll and Lizzy Burden.
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Wed, 13 Nov 2024 - 1271 - Climate Politics Heats Up: Starmer Attends COP Summit
The Prime Minister is at the COP climate change meeting, aiming to position the UK as a leading green champion with a new carbon emissions target. But has Britain been putting its green money where its mouth is? Bloomberg's Joumanna Bercetche joins us from the summit, being held in Baku, the capital of oil dependent nation of Azerbaijan. We discuss if the world's politicians can translate green promises into action. Hosted by Caroline Hepker and Yuan Potts.
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Tue, 12 Nov 2024 - 1270 - An Inhospitable Reception: Warnings of 'Drastic' Job Cuts Over Tax Hikes
More than 200 bosses from the hospitality sector have signed a letter saying the government's National Insurance tax hike will force them to "drastically cut jobs". It's one of the most direct warnings yet about the budget's impact. We speak to the CEO of UKHospitality Kate Nicholls, who wrote the letter, about why the sector is speaking out, and our business reporter Sabah Meddings tells us how the rest of the business world is responding to the changes. Hosted by Stephen Carroll and Yuan Potts.
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Mon, 11 Nov 2024 - 1269 - Safety in Numbers: Does UK Defence Spending Need to Rise with Trump in the White House?
Keir Starmer's pledges on defence spending may not be enough for president-elect Donald Trump, who says NATO members need to put far more into their own military budgets. With the Prime Minister joining EU leaders for a summit in Hungary, we asked the Royal United Services Institute's Military Sciences Director, Matthew Saville why Europe's leaders are so anxious about a Trump second term. Hosted by Caroline Hepker and Yuan Potts.
What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.See omnystudio.com/listener for privacy information.
Thu, 07 Nov 2024 - 1268 - Trump Wins: What will a Second Term Mean for the UK?
Donald Trump has decisively won the US presidential election. How will America's 47th president change the world, and how should Britain and Europe respond? Our UK economy and government managing editor Brendan Scott and Bloomberg's Brussels bureau chief Kevin Whitelaw, who covered the first Trump presidency in Washington, help us understand what comes next. Hosted by Caroline Hepker and Yuan Potts.
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Wed, 06 Nov 2024 - 1267 - American Influence: A US Election With Global Consequences
Polls have opened in the United States as the country navigates one of the closest elections in a generation. The eyes of the world are on the result with questions of economics, global security and international trade hanging in the balance. Bloomberg's EMEA news director Rosalind Mathieson joins us with more on what a Trump or Harris victory could mean for the UK and Europe.
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Tue, 05 Nov 2024 - 1266 - An Opposition Pitch: What A Kemi Badenoch Economy Might Look Like
Kemi Badenoch has been elected as leader of the Conservative party, but what do we know about her economic vision? Kallum Pickering , Chief Economist at Peel Hunt and Daily Telegraph columnist, joins us to discuss. Hosted by Lizzy Burden and Stephen Carroll.
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Mon, 04 Nov 2024 - 1265 - Rachel Reeves Exclusive: Is Market Reaction Defining The Budget?
The market fallout from Chancellor Rachel Reeves's first budget is still being felt, with the UK government's borrowing costs climbing further in the first hours of trading on Friday morning. We bring you our exclusive interview with the Chancellor on the market reaction, and analysis of the moves from our markets reporter Valerie Tytel. Hosted by Lizzy Burden and Stephen Carroll.
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Fri, 01 Nov 2024 - 1264 - Trick or Treat: The OBR's View of Reeves's Big Plans
Rachel Reeves has been defending her budget measures on the airwaves, after announcing the biggest package of tax rises in over thirty years. David Miles from the Office for Budget Responsibility joins us to discuss what effect the changes will have on the UK's economic future. Hosted by Stephen Carroll and Lizzy Burden.
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Thu, 31 Oct 2024 - 1263 - Reeves Goes Big: The Everything Everywhere All At Once Budget
It's Budget Day at last! Rachel Reeves has made history as the first woman to deliver a budget as Chancellor, announcing a package of tax and spending increases and more borrowing for investment. In a special live recording, we bring you the key measures and analysis from our Chief UK Economist Dan Hanson and 'Money Distilled' columnist, John Stepek. Hosted by Stephen Carroll and Yuan Potts.
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Wed, 30 Oct 2024 - 1262 - Baby Steps: Can Labour Make Work Pay For New Mothers?
In a Budget widely expected to be dominated by tax rises, parents might be one of the few winners, as Rachel Reeves considers proposals to expand nurseries. Amelia Miller, founder of Ivee, a platform which helps women return to the workplace, joins us to discuss. Hosted by Lizzy Burden and Yuan Potts.
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Tue, 29 Oct 2024 - 1261 - Is This Working? Labour's Pre-Budget Stumble
As we count down to the first budget from the Labour government on Wednesday, much of the debate seems to be focused on the Prime Minister's pledge not to raise taxes on working people. The problem? Defining who counts as 'working people'. Sam White, former chief of staff to Keir Starmer and now specialist partner at the public affairs firm Flint, joins us to discuss. Hosted by Yuan Potts and Stephen Carroll.
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Mon, 28 Oct 2024 - 1260 - Budget 2024: The Bloomberg Preview
What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.
Ahead of the first Labour budget in 14 years, speculation is rife and anticipation is high. We walk you through what we know, what to watch and why it matters with Bloomberg's Chief UK Economist and former HM Treasury economic adviser Dan Hanson. Hosted by Lizzy Burden and Caroline Hepker.See omnystudio.com/listener for privacy information.
Thu, 24 Oct 2024 - 1259 - Political Studies: The Race To Become Oxford's Next Chancellor
What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.
Dominic Grieve, Peter Mandelson and William Hague are just some of the names in the running to become the next chancellor of Oxford University. It's a ceremonial role, but one that traditionally holds the ear of government. One of the candidates, Elish Angiolini, currently head of St Hugh's College, joins us to discuss the importance of the role and the institution. Hosted by Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.
Wed, 23 Oct 2024 - 1258 - Council of Despair: One in Four Local Authorities Warn of Bankruptcy
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The Local Government Association says a quarter of councils will need emergency bailouts to avoid bankruptcy in the next two financial years. It's yet another demand for funding from a Chancellor already short of cash. We discuss the state of council finances and the options for fixing them, with Bloomberg's UK economy reporter Tom Rees. Hosted by Yuan Potts and Caroline Hepker.See omnystudio.com/listener for privacy information.
Tue, 22 Oct 2024 - 1257 - A Healthy Discussion: Labour Launches 'National Conversation' on NHS
Rachel Reeves has reportedly set aside billions of pounds to boost the National Health Service in next week's budget, but will it be enough to tackle the major challenges the system faces? Health Secretary Wes Streeting wants opinions from the public and healthcare experts on the future of the NHS. Bloomberg economics and government reporter Lucy White joins us to discuss. Hosted by Lizzy Burden and Stephen Carroll.
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Mon, 21 Oct 2024 - 1256 - Guess Who: UK Ministers Write to Starmer to Protest Spending Cuts
Bloomberg reports on cabinet ministers writing to Prime Minister Keir Starmer about their alarm over planned spending cuts, in an unusual step bypassing Chancellor Rachel Reeves. Bloomberg's associate editor Ailbhe Rea discusses her exclusive story on the divisions within the government over possible cuts to department budgets, which some minister call 'ridiculous'. Anchored by Bloomberg's Caroline Hepker and James Woolcock.
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Thu, 17 Oct 2024 - 1255 - Rich Pickings: Super Wealthy Hit Back at Proposed Tax Changes
Keir Starmer's aides are set to meet Foreign Investors for Britain, a lobbying group for wealthy individuals created in response to proposals to change Britain's non-dom system. The meeting comes amidst growing threats that the super wealthy are planning to leave the UK in anticipation of changes expected in the upcoming autumn budget. Nimesh Shah CEO of Blick Rothenberg which specialises in advising entrepreneurs and non-dom clients joins us with his analysis. Hosted by Caroline Hepker and James Woolcock.
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Wed, 16 Oct 2024 - 1254 - Keir Starmer on Bringing Private Investment Into the UK
The UK Government is hoping private investment will kick-start Britain's economy, and at its summit for global business yesterday it pointed to £63 billion coming into the UK. Prime Minister Keir Starmer sat down with our Head of Economics and Politics Stephanie Flanders for an exclusive interview on what he's doing to win over business and what lies ahead in the budget.
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Tue, 15 Oct 2024 - 1253 - Starmer's Elevator Pitch: £40 Trillion of Capital Descends on Britain
The UK's International Investment Summit has kicked off at the Guildhall, with Prime Minister Keir Starmer saying he'll do whatever it takes to bring investment into the country. But, after a number of challenges for the government in the lead up to the conference - are industry players convinced? Bloomberg's Joe Mayes joins us from the event with his analysis. Hosted by Caroline Hepker and Lizzy Burden.
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Mon, 14 Oct 2024 - 1252 - In The City: Can Labour Dial Back the Doom?
We don't usually bring you an episode of Bloomberg UK Politics on a Friday, but we wanted to share this episode of the 'In The City Podcast' that we think you'll like.
It's almost 100 days since Keir Starmer's Labour government was elected on a pledge to 'change Britain' and reboot economic growth. But the investors and business people Labour courted ahead of that landslide win are increasingly concerned about progress and the big decisions in the budget. Bloomberg UK Politics host Caroline Hepker joins the 'In The City podcast' to discuss her reporting. Hosts Francine Lacqua and David Merritt are also joined by former Conservative minister Richard Harrington, who shares his thoughts on Labour’s rhetoric and whether the party can bring back foreign investment.
If you want to hear more from the brilliant In The City team you can download new episodes of the Podcast every Thursday here: https://podcasts.apple.com/gb/podcast/in-the-city/id1623682235See omnystudio.com/listener for privacy information.
Fri, 11 Oct 2024 - 1251 - Will Hard Work Pay Off? Labour's Plan For Workers' Rights
The Labour government is unveiling its long-awaited package to boost workers' rights, after heavy lobbying from unions and businesses. Our Associate Editor Ailbhe Rea tells us what's in the bill, what's been left out, and how the politics may play out from here. Hosted by Stephen Carroll and James Woolcock.
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Thu, 10 Oct 2024 - 1250 - Is A Dimon A Chancellor's Best Friend? What Global Investors Want in Britain
Jamie Dimon, the boss of America's largest bank says Britain needs to shape up or faces permanent decline as a financial hub. He's one of the big names who's not going to the Chancellor's Global Investment summit next week. So as Rachel Reeves meets UK bank CEOs this morning, our City Editor Katherine Griffiths explains what Labour's plans to revive the square mile are. Hosted by Lizzy Burden and Yuan Potts.
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Wed, 09 Oct 2024 - 1249 - Starter for 10: Can Downing Street Be Fixed?
Keir Starmer has a new chief of staff. Reports say he plans radical change of the Number 10 machine. But can Downing Street be made to work effectively? We ask someone who's done the job: Gavin Barwell, former Chief of Staff to Prime Minister Theresa May. Hosted by James Woolcock and Yuan Potts.
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Tue, 08 Oct 2024 - 1248 - Trading Places: Starmer Shakes Up Top Team
Keir Starmer has replaced his Chief of Staff Sue Gray as the Labour government nears the 100-day mark in power.
Mon, 07 Oct 2024 - 1247 - Changing The Rules: Bloomberg Economics' Pitch To Rachel Reeves
The Chancellor has a tough job in the budget: she needs to find a way to pay the government's bills, boost the economy and plug a hole in the public finances. Bloomberg's economists reckon the current rules on borrowing need an major update. Our Chief European Economist, Jamie Rush, explains his team's proposal to change the rules to make it easier for the government to invest for the long-term. Hosted by Yuan Potts and Stephen Carroll.
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Thu, 03 Oct 2024 - 1246 - Turn it off and on again: Starmer Seeks An EU Reboot
The Prime Minister is meeting EU Commission President Ursula von der Leyen in Brussels today as part of his mission to reset relations. But just how far will he go in pursuit of a better relationship and what will the UK have to offer in return? Bloomberg's Managing Editor for European Economy and Government, Ben Sills shares his perspective. Hosted by Stephen Carroll and Yuan Potts.
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Wed, 02 Oct 2024 - 1245 - What Liz Did Next: Truss Makes Her Mark On Conference
Former Prime Minister Liz Truss addressed a packed three hundred seat auditorium at the Conservative party conference, but what does her popularity say about the state of the party? Plus, James Cleverly is billing himself as the leadership candidate with a 'focus on the future' - he shares his vision with Bloomberg. Hosted by Lizzy Burden and James Woolcock.
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Tue, 01 Oct 2024 - 1244 - Squabbling On The Sidelines : The Conservative Party Looks To Rebuild
Former Prime Minister Rishi Sunak told the Conservatives to present a united front during his farewell speech at the party's conference in Birmingham. But with leadership election based in-fighting threatening to dominate headlines, can the Tories get back on track? Chris Hayward, Policy Chairman of the City of London Corporation shares the business perspective and Bloomberg's UK politics editor Alex Wickham brings his analysis. Hosted by Lizzy Burden and James Woolcock.
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Mon, 30 Sep 2024 - 1243 - A Conversation with Labour Business Secretary Jonathan Reynolds
This week, the Labour Party saw its largest ever business turnout as Britain's corporate leaders gathered to bend the ear of the new government. Business and Trade Secretary Jonathan Reynolds sat down with our Correspondent Lizzy Burden at Labour Together's tent at the conference earlier this week for a conversation about the future of the economy, industrial strategy, and how the new government wants to engage with business.
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Fri, 27 Sep 2024 - 1241 - That's A Wrap: Labour Conference Ends But Policy Questions Remain
As the Labour party's annual gathering draws to a close, business leaders and commentators are leaving with questions about policy. Bloomberg's political editor Alex Wickham joins us with his takeaways from the event and an a view on what's ahead. Hosted by Lizzy Burden.
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Wed, 25 Sep 2024 - 1240 - Competing Priorities: Employers vs Employees
Day 3 at the Labour party conference in Liverpool as Keir Starmer becomes the first Prime Minister to address the event in 15 years. Trade unions and business lobbies alike are optimistic about his plans, but can the government deliver for both groups? Bloomberg's political editor Alex Wickham joins us with his take on matters. Hosted by Lizzy Burden and James Woolcock.
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Tue, 24 Sep 2024 - 1239 - Pivoting To Positivity: Rachel Reeves' Labour Party Conference Speech
Chancellor Rachel Reeves has promised “real ambition” in the budget next month as well as a timetable for a new industrial strategy for Britain and a "proudly pro-business and pro-worker" government at the Labour party conference in Liverpool. Bloomberg's UK correspondent Lizzy Burden and reporter James Woolcock discuss the speech, delivered by the first female Chancellor in Britain for 800 years.
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Mon, 23 Sep 2024 - 1238 - For What It's Worth: Should We Pay Top Political Figures More?
The revelation that Keir Starmer's chief of staff Sue Gray earns more than the Prime Minister is sparking debate around Westminster about public servants' pay. Matthew Lesh, policy fellow at the Institute of Economic Affairs think-tank, and a country manager at business consultancy Freshwater Strategy, makes the case for higher salaries for politicians. Hosted by Stephen Carroll and Caroline Hepker.
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Thu, 19 Sep 2024 - 1237 - Cheques and Balances: Who is Labour Donor Waheed Alli?
Until recently, Waheed Alli was a relatively unknown Labour peer, but in recent weeks his name has been thrust into the spotlight as details emerge about the extent of his longstanding influence within the party and access to power. Bloomberg associate editor Ailbhe Rea joins us to discuss her latest reporting. Hosted by Lizzy Burden and Stephen Carroll.
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Wed, 18 Sep 2024 - 1236 - In Sickness, And In Health: What Major NHS Reform Might Look Like
Health Secretary Wes Streeting has just given junior doctors a 22% pay rise, saying it's now time to think about reforming the NHS. Handily, the left-leaning think tank the IPPR are publishing a a three-year piece of work on how to make Britain a healthier nation, which Streeting is set to launch later in the week. The Head of the Commission Chris Thomas is on to explain what's in it. Hosted by Caroline Hepker and Yuan Potts
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Tue, 17 Sep 2024 - 1235 - Shades of Gray: In-fighting & Donations Cast Shadow Over Labour Conference
A week before the the first Labour conference since their landslide election win, the government is being dogged by controversies over party donors, and reports of in-fighting in Number 10 involving chief of staff Sue Gray. Our UK Political Editor Alex Wickham joins us to discuss. Hosted by Stephen Carroll and Yuan Potts.
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Mon, 16 Sep 2024 - 1233 - Vince Cable on 'Austerity 2.0': A former party leader's take on spending cuts
As the chancellor plans her budget, former Liberal Democrat leader Vince Cable says he hopes Rachel Reeves can learn from some of the mistakes made by the coalition in its approach to public spending. We get his thoughts on the challenges facing the new government, the prospects of re-joining the EU, and what the future holds for his party. Hosted by Yuan Potts and Caroline Hepker.
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Thu, 12 Sep 2024 - 1232 - Northern Star: Andy Burnham on Working With A Labour Government
Andy Burnham, Labour's prominent Mayor of Greater Manchester, discusses how the relationship with Westminster has shifted since his party took power. But he tells us he wants changes to the winter fuel allowance, after the move to means-test the payment passed through Parliament, and he makes his pitch for Manchester to get greater control of its budget. Hosted by Stephen Carroll and Caroline Hepker.
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Wed, 11 Sep 2024 - 1231 - An Age-Old Problem: Can Politicians Fix Britain's Pension System?
The government has been under fire for cutting pensioners' winter fuel payments. We ask former pensions minister Steve Webb, now at consultancy Lane Clark & Peacock, if the move has wasted too much political capital and what the government should do to make pensions work better. Hosted by Yuan Potts and Stephen Carroll.
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Tue, 10 Sep 2024 - 1230 - Procuring A Crisis: Has the UK Learned the Lessons From Covid Contracts?
The Covid inquiry starts its latest phase today, a reminder of the mark the pandemic has left on the UK and on politics. Transparency International UK say Covid procurement contracts worth more than £15 billion raise three or more 'corruption red flags'. CEO Daniel Bruce tells us what went wrong during the crisis, how other countries did it better and what we can learn for the future. Hosted by Lizzy Burden and Yuan Potts.
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Mon, 09 Sep 2024 - 1229 - A Tory Tangle: Conservative Heavyweights Fight To Become Leader
Five candidates remain in the Conservative Party leadership contest after former Home Secretary Priti Patel was eliminated in the latest ballot. Those vying for the top job are focused on the future, but how can the eventual winner reinvigorate the party's base? We discuss with Chris Wilkins, former chief speechwriter for Theresa May, now CEO of Audley Advisors. Hosted by Yuan Potts and Stephen Carroll.
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Thu, 05 Sep 2024 - 1228 - 'Dishonesty' and 'Greed': The Grenfell Tower Inquiry Report
The chair of the Grenfell Tower Inquiry has delivered a damning conclusion after years of gathering evidence about the fire at the high-rise block in 2017 which saw 72 people lose their lives. The report concluded the deaths were 'all avoidable', blaming the construction industry, government and others for a litany of failures. We discuss the findings with Bloomberg's Jack Sidders who covers the building industry. Hosted by Caroline Hepker and Yuan Potts. This episode contains distressing audio
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Wed, 04 Sep 2024 - 1227 - Difficult Decisions: The UK's Israel Arms Move Sparks Diplomatic Row
The government has come in for criticism from Israel and the UK's Chief Rabbi, as well as those opposed to Israel's military action in Gaza, after suspending 30 of the UK's 350 arms export licenses to the country. We discuss the implications of the decision with Bloomberg Opinion columnist Marc Champion. Hosted by Yuan Potts and Caroline Hepker.
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Tue, 03 Sep 2024 - 1226 - Storm Warning: Labour Piles On The Economic Gloom
House of Commons Leader Lucy Powell says there could have been a "run on the pound" had Chancellor Rachel Reeves not taken the decision to means test the winter fuel allowance for pensioners. Her assertion is the latest in a series of gloomy warnings from government over the last few weeks. As parliament reconvenes today we ask Bloomberg's senior economics reporter Philip Aldrick if things are really as bad as they say and how Labour can negotiate the path ahead. Hosted by Caroline Hepker and Stephen Carroll.
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Mon, 02 Sep 2024 - 1225 - Forking Out for Farmers: The Political Choices Impacting British Agriculture
After Brexit reshaped the agricultural landscape, UK farmers face a new reality. EU subsidy payments are being phased out and replaced by a new Sustainable Farming Incentive. We discuss the impact of these changes, rising production costs, and the challenge of maintaining food security with David Exwood, Deputy President of the National Farmers' Union. Hosted by Stephen Carroll and James Woolcock.
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Thu, 29 Aug 2024 - 1224 - Starmer's Berlin Getaway: The UK Reconnects With Germany
The Prime Minister Keir Starmer has escaped his gloomy budget outlook in search of a brighter future relationship with the UK's neighbours, starting with Germany's Olaf Scholz. We discuss with our Germany Correspondent Oliver Crook and Evie Aspinall, Director of the British Foreign Policy Group. Hosted by Stephen Carroll and James Woolcock.
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Wed, 28 Aug 2024 - 1223 - Politically Painful: Will Voters Accept Starmer Shifting the Blame?
Keir Starmer took on the job of Prime Minister with a message of hope and optimism, but less than eight weeks later, he's warning of a "painful" budget to "get the rot out". We discuss the tone and content of the Prime Minister's speech with Philip Collins, former chief speechwriter to Tony Blair and founder of communications advisers The Draft. Hosted by Stephen Carroll and James Woolcock.
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Tue, 27 Aug 2024 - 1222 - Migration Moves: Can Starmer Change the Conversation?
The latest Home Office migration figures show a drop in the number of people moving to the UK for work and study, as well as a fall in asylum applications. Public concern over migration remains high, leaving Keir Starmer’s government facing a complex array of challenges. We discuss the political and economic ramifications of the data with Ben Brindle, a researcher at the Migration Observatory. Hosted by Stephen Carroll and James Woolcock.
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Thu, 22 Aug 2024 - 1221 - Winter is Coming: Economics and Politics Collide For Labour
Colder months are on the horizon and Rachel Reeves' decision to means-test the winter fuel allowance has stirred up controversy. With over 400,000 signatures on a petition against the move and growing concerns about rising heating bills, we explore the challenges of stretched public finances and meeting manifesto pledges with John McTernan, former political secretary to Tony Blair and current Senior Adviser at communications agency BCW. Hosted by Stephen Carroll and James Woolcock
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Wed, 21 Aug 2024 - 1220 - Union Wages War: Could Labour Pay Deals Have a Domino Effect?
Labour announced a success last week: a 15% pay deal for train drivers to end their dispute. But within a day, some were back on strike with a new grievance. We explore the political and economic implications of Labour's different approach to the unions, with UK Associate Editor Ailbhe Rea and Peel Hunt’s Chief Economist Kallum Pickering. Hosted by Stephen Carroll and Yuan Potts.
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Tue, 20 Aug 2024 - 1219 - No Space For Justice: Emergency Action on Prisons
A surge of arrests, trials, and looming prison sentences is threatening to overwhelm the UK's judicial system. 'Operation Early Dawn' will see defendants held in police cells because there are no prison places available. What will it mean for already over-stretched prisons and courts? With Tom Franklin, Chief Executive of the Magistrates' Association. Hosted by Stephen Carroll and Yuan Potts.
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Mon, 19 Aug 2024 - 1218 - Results and Realities: The Future of Higher Education
Today is the day: thousands of students across the UK receive their A-Level results. But as many students celebrate, universities are grappling with mounting financial pressures. We discuss the state of higher education with Edward Peck, Acting Chair of UCAS' Board and Vice-Chancellor at Nottingham Trent University. Hosted by Caroline Hepker and Yuan Potts.
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Thu, 15 Aug 2024 - 1217 - Manchester Levels Up: What's behind the city's success?
Manchester is booming. The city has become a UK success story with its tech sector and vibrant cultural scene helping it to grow faster than London. We discuss Manchester's secret and what it can teach struggling rivals, with author and columnist Julia Hobsbawm. Hosted by Caroline Hepker and Yuan Potts.
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Wed, 14 Aug 2024 - 1216 - Logging Out: Why Politicians Are Calling Time on X
Modern politics is entangled with X, aka Twitter. But in the wake of the UK riots, and Elon Musk's support of right-wing causes, some Labour MPs say they're leaving the site. We ask social media consultant Matt Navarra and Daniella Lebor, from global advisory firm APCO, how the platform has changed, the challenges it poses, and if disgruntled MPs have anywhere else to go. Hosted by Caroline Hepker and Yuan Potts.
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Tue, 13 Aug 2024 - 1215 - A Taxing School Year: How Parents are Responding to Private School VAT Rises
The Labour government will, as promised, apply VAT to private school fees from January. Schools and parents have been considering their options, with some consulting financial advisers about the changes. Our finance reporter Charlotte Hughes-Morgan explains the reasoning behind the policy, and what parents and educational institutions are doing about it. Hosted by Stephen Carroll and James Woolcock.
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Mon, 12 Aug 2024 - 1214 - Up to the Courts: Riots Fizzle, Justice System Gears Up
Anti-racism protesters turned out in their thousands last night, to counter far-right riots that failed to materialise. So, as the disruption abates - what now? Bloomberg legal reporter Jonny Browning discusses how the focus is shifting to the courts. Hosted by Caroline Hepker and Yuan Potts.
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Thu, 08 Aug 2024 - 1213 - Foreign Interference: Who's behind the UK riots?
It’s been nine days since riots began tearing through the UK, and the role of online platforms and disinformation is increasingly under scrutiny. Our EMEA Equality Editor, Siraj Datoo unpacks how suspected foreign agitators and domestic extremists have used social media to incite violence and spread racism. Hosted by Caroline Hepker and Yuan Potts
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Wed, 07 Aug 2024 - 1212 - The Reeves Roadshow: Chancellor Courts Investors As Riots Continue
Rachel Reeves is in the United States to drum up investor interest in the UK, which she says is "open to business". But as riots continue at home and a £22 billion government spending hole looms, can she sell the UK's investment potential? Bloomberg put these questions and more to the Chancellor in New York. We discuss what her answers tell us about the future. Hosted by Yuan Potts and Stephen Carroll.
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Tue, 06 Aug 2024 - 1211 - Riot Reckoning: Violence Presents Crucial Test For Starmer
The Prime Minister says those taking part in the riots around the UK will face the "full force of the law" as he meets ministers, prison and police chiefs. We discuss the police response and challenges facing the government with Labour councillor Roy Bailey, who's a criminal justice researcher and former police superintendent. Hosted by Stephen Carroll and Caroline Hepker.
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Mon, 05 Aug 2024 - 1210 - Prisoners' Dilemma: Labour Reckons With Justice Reforms
Keir Starmer has described the overcrowding in prisons as the UK's most urgent crisis, but will his plan to fix it by releasing prisoners early work, and can the public be convinced to support it? We discuss with Pia Sinha, who worked in the prison system for more than two decades, and is now CEO of the Prison Reform Trust. Hosted by James Woolcock and Stephen Carroll.
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Thu, 01 Aug 2024 - 1209 - Misinformation Overload: When Online Talk Sparks Real-World Violence
After a peaceful vigil in Southport for three young girls killed during a knife attack on Monday, violent protests erupted in which dozens of police officers were injured. The local Police and Crime Commissioner said the rioters were apparently drawn by online rumours about who was behind the attack - none of which have been proven. We discuss the threat of misinformation on social media to politics and democracy, with Bloomberg reporter Daniel Zuidijk. Hosted by Lizzy Burden and Stephen Carroll.
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Wed, 31 Jul 2024 - 1208 - Is Labour's Honeymoon Already Over? Breaking Down the Chancellor's Statement
Rachel Reeves has administered some bitter fiscal medicine, rudely interrupting the new government's honeymoon. We break down the detail of what the UK Chancellor announced and what it means for the government's finances and Labour's political fortunes. With UK Political Editor Alex Wickham and Chief Economist Dan Hanson. Hosted by Caroline Hepker and Yuan Potts.
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Tue, 30 Jul 2024 - 1207 - Blame Game: How Bad Are the Government's Finances?
Chancellor Rachel Reeves is pointing the finger of blame at the Tories for a gaping hole in the public finances. We ask how bad the situation is and whether Labour can stick to its pledges on taxes at the same time as improving public services. We're joined by Stuart Hoddinott, Senior Researcher at the Institute For Government's public services team. Hosted by Stephen Carroll and Yuan Potts.
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Mon, 29 Jul 2024 - 1206 - Existential Blues: The Tory Leadership Race Gets Underway
The first contenders have emerged in the Conservative leadership race, but there's a long road ahead, with the winner only being chosen in November. How do the Tories confront their election loss without trashing their record in public? We discuss the race with Nick Faith, Co-founder of WPI Strategy and Advisory Board Member of think tank Onward. Hosted by Yuan Potts and James Woolcock.
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Thu, 25 Jul 2024 - 1205 - Starmer's First Rebellion: Is the Left Being Left Behind By Labour?
Keir Starmer has suspended seven MPs for voting against the government to end to the two-child limit on some benefits. What does Labour's response to its first rebellion tell us about how the party will approach discipline in this parliament? We ask Sam White, former adviser to Labour Chancellor Alistair Darling and former Chief of Staff to Keir Starmer during his time as opposition leader. Our Political Editor Alex Wickham gives us more analysis. Hosted by Yuan Potts and Caroline Hepker.
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Wed, 24 Jul 2024 - 1204 - Small Boats, Big Problem: Will Labour Do Any Better?
New Home Secretary Yvette Cooper says the Rwanda scheme was expensive and has not delivered any results. With illegal boat crossings likely to spike over the summer, we ask Senior Researcher at The Migration Observatory, Peter Walsh, if Cooper's claim is really that surprising, and if Labour's plan can succeed where the Conservatives failed. Hosted by Lizzy Burden and Yuan Potts.
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Tue, 23 Jul 2024 - 1203 - Biden's Political Exit: Can US Democrats Turn Around Their Electoral Fortunes?
Two crucial issues are likely to shape UK politics over the next five years: boosting economic growth, and who occupies the White House. As Joe Biden becomes the first US President to step aside as an incumbent in more than 50 years, we take a look at his potential replacement Kamala Harris: what British politicians might want to know about her and how she would campaign against republican front runner Donald Trump. Hosted by Caroline Hepker and Lizzy Burden
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Mon, 22 Jul 2024 - 1202 - The New Chancellor Interview: Rachel Reeves Speaks to Bloomberg
Chancellor Rachel Reeves speaks to Bloomberg in her first major broadcast interview since taking over the Treasury. She discusses economic growth, trade with China and the US, and how the new government is going to raise money to fund its agenda with Bloomberg's Editor-At-Large Francine Lacqua. Hosted by Caroline Hepker.
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Thu, 18 Jul 2024 - 1201 - Keir's Speech: Labour's To-Do List, Read by the King
Keir Starmer's new government set out its agenda for the parliamentary year with 39 bills listed in the King's Speech. The Prime Minister says the legislation will 'lay the foundations' for the change his administration believes the country needs. We discuss the economic and political implications with Bloomberg's senior economics reporter Philip Aldrick and associate editor Ailbhe Rea. Hosted by Yuan Potts and Stephen Carroll.
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Wed, 17 Jul 2024 - 1200 - 'A Deadly Quartet': Defence Review Faces Up to New Challenges
The government is to carry out a 'root and branch review' of Britain's armed forces, led by Tony Blair's former defence secretary - and former NATO boss - George Roberson. He says the UK is facing a 'deadly quartet' in the shape of Russia, China, Iran and North Korea. Our guest, Ed Arnold, Senior Research Fellow in European Security at RUSI, tells us it all hinges on if and when the West faces conflict with Russia. Hosted by Caroline Hepker and Yuan Potts.
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Tue, 16 Jul 2024 - 1199 - Bold and Bloodied: Trump Assassination Attempt Reverberates Around Global Politics
Donald Trump survived an assassination attempt at a campaign rally over the weekend. Now, attention turns to his response at this week's Republican National Convention, and whether it improves his re-election prospects. We discuss with Bloomberg's senior writer Stephanie Baker and get international reaction from our correspondent Oliver Crook in Berlin. Hosted by Caroline Hepker and Stephen Carroll.
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Mon, 15 Jul 2024 - 1198 - Introducing 'Here's Why' - Complex News Stories Explained
Listen to the 'Here's Why' podcast: - on Apple: https://apple.co/3Lg3RGn - on Spotify: https://spoti.fi/3LiIX9q - or Anywhere: https://bit.ly/3xYsHHy.
Each episode of 'Here's Why' uses experts at Bloomberg to explain one news story in just a few minutes.See omnystudio.com/listener for privacy information.
Fri, 12 Jul 2024 - 1197 - A Week IS A Long Time In Politics: Tories Look To Rebuild
Former Tory party chairman Brandon Lewis tells us it would be a mistake to exclude grassroots members from choosing the next Conservative leader. As the contenders slug it out in public, how can the party take control of its destiny? Hosted by Caroline Hepker and Yuan Potts.
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Thu, 11 Jul 2024 - 1196 - Labour's Round Robin: Taking Stock Of The Government's Work So Far
Keir Starmer's Labour government have wasted no time getting started on policy making. So far we've heard plans to scrap the defacto onshore wind ban in England, ditch the Rwanda deportation scheme and launch a £7 billion National Wealth Fund. Bloomberg's UK Politics Editor Alex Morales joins us to discuss the biggest government moves to date and look ahead to the coming days. Hosted by Lizzy Burden and Yuan Potts.
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Wed, 10 Jul 2024 - 1195 - What To Expect From Starmer's Debut On The World Stage
The prime minister's debut on the world stage sees Keir Starmer enter the room as one of the key leaders not burdened by political instability at home. Political editor Alex Wickham tells us what's on the PM's agenda at the NATO summit as he meets allies for the first time since entering number 10. Hosted by Caroline Hepker and Yuan Potts.
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Tue, 09 Jul 2024 - 1194 - Labour's Policy Blitz: Reeves Outlines Growth Plan
Rachel Reeves has outlined her party's plan to grow the economy, in her first major policy speech as Chancellor. It's been part of a whirlwind first few days for the new government. We discuss with our UK economy reporter Tom Rees and City Editor Katherine Griffiths. Hosted by Caroline Hepker and Stephen Carroll.
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Mon, 08 Jul 2024 - 1193 - Labour's Payoff: Starmer Sails Into Downing Street as Tories Crushed
Keir Starmer has become Prime Minister after a landslide Labour victory in the general election, while the Conservatives suffer a historic defeat, and the Lib Dems, Greens and Reform UK make gains. We discuss the results, next steps and listen to the new Prime Minister's first speech with our Bloomberg UK Politics election panel: Alice Perry, former chair of Labour's National Executive Committee, Luisa Porritt, former Liberal Democrat Member of the European Parliament and Chris Wilkins, former speechwriter to Theresa May. Hosted by Stephen Carroll and Caroline Hepker.
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Fri, 05 Jul 2024 - 1192 - What to Watch: Get Ready for Election Night
What have we learned from six weeks of campaigning? Our UK Political Editor Alex Wickham and Associate Editor Ailbhe Rea join us to review the highs and lows, and give us some pointers as to what to watch when polls close. Hosted by Stephen Carroll and Yuan Potts.
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Wed, 03 Jul 2024 - 1191 - Why Britain’s Famed Universities Are Teetering On A Financial Cliff
Once at the apex of global academia, UK universities now face an existential crisis squeezed by stagnant fees and inflation. Bloomberg's Caroline Hepker and Helen Chandler-Wilde dig into the sector's funding model and ask whether the UK's higher education system is broken in this special podcast.
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Tue, 02 Jul 2024 - 1190 - High Stakes For Starmer: Bloomberg Speaks to the Labour Leader
Polls project Keir Starmer will be the next Prime Minister, but has Labour provided enough detail on its plans for government? Bloomberg's UK political correspondent Ellen Milligan sat down with Starmer on the campaign trail, pressing him on the finer points of his economic and foreign policies, among other topics. She joins us with more insight on her conversation. Hosted by Lizzy Burden and Stephen Carroll.
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Mon, 01 Jul 2024 - 1189 - Voternomics BONUS: Major Foreign Policy Tests Await a Starmer Victory
Here's an episode of another Bloomberg podcast that you may enjoy, Voternomics.
Each week, hosts Allegra Stratton, Stephanie Flanders and Adrian Wooldridge help make sense of the elections that will affect markets, countries and economies like never before.
On this episode, former UK diplomat Tom Fletcher discusses how the Labour Party leader’s first 30 days could define his premiership. Plus, reporter Ellen Milligan discusses her story on Labour’s position on Brexit.
If you want to hear more episodes, please subscribe to Voternomics wherever you listen.See omnystudio.com/listener for privacy information.
Fri, 28 Jun 2024 - 1188 - One Week To Go: Our Election Panel Counts Down
As the final week of campaigning gets underway, we ask our Bloomberg election panel about the winners and losers looking ahead to polling day. Alice Perry, former chair of Labour's National Executive Committee, Luisa Porritt, former Liberal Democrat member of the European Parliament and Chris Wilkins, former speechwriter to Theresa May share their reflections on the last five weeks in politics. Hosted by Stephen Carroll and Yuan Potts.
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Thu, 27 Jun 2024 - 1187 - Starmer's Growing Ambition: Labour Puts A Number On Economic Hopes
Keir Starmer has quantified Labour's hopes for growing the economy for the first time, telling ITV he's targeting growth of at least 2.5% if his party wins next week's election. It's a rate that economists argue is unrealistic. We discuss the feasibility of Starmer's economic ambitions with Bloomberg's Chief UK Economist Dan Hanson. Hosted by Stephen Carroll and Yuan Potts.
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Wed, 26 Jun 2024 - 1186 - The Women Shaping UK Politics: Kemi Badenoch
This general election there is only one female leader on the ballot, the Green party co-Leader. Yet increasingly, women hold many of the key jobs in Westminster. We're profiling these key frontline female politicians. This week, Business Secretary Kemi Badenoch: a Conservative rising star marked as a potential successor to Rishi Sunak, but also known for her debating skill and strident views on diversity and inclusion issues. Hosted by Caroline Hepker and Ailbhe Rea.
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Tue, 25 Jun 2024 - 1185 - Badenoch V Reynolds: Bloomberg's Business Debate
Today we're bringing you our special Bloomberg Business Debate with the Business Secretary Kemi Badenoch and Shadow Business Secretary Jonathan Reynolds. They clashed over growth and Net Zero targets, during the conversation with Bloomberg's Anna Edwards. Plus, analysis from our UK Correspondent Lizzy Burden, City Editor Katherine Griffiths and Senior Economics reporter Philip Aldrick.
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Mon, 24 Jun 2024 - 1184 - A Failed Gamble?: Our Election Panel on Dramatic Poll Numbers
Our election panel discusses another set of polls pointing to a large Labour majority and a Conservative meltdown. Meanwhile the Tory campaign is under further pressure after news of an investigation by the Gambling Commission. We're joined by Alice Perry, former chair of Labour's National Executive Committee, Luisa Porritt, former Liberal Democrat member of the European Parliament and Chris Wilkins, former speechwriter to Theresa May. Hosted by Yuan Potts and Caroline Hepker.
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Thu, 20 Jun 2024 - 1183 - The Women Shaping UK Politics: Angela Rayner
This general election there is only one female leader on the ballot, the Green party co-Leader. Yet increasingly, women hold many of the key jobs in Westminster. We're profiling these key frontline female politicians. This week, Labour Deputy Leader Angela Rayner: one of the party's best media performers, a standard bearer for the left, and who sees her role models for government as a mix of John Prescott and Nick Clegg. Hosted by Caroline Hepker and Ailbhe Rea.
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Wed, 19 Jun 2024 - 1182 - Who Are Reform UK? Behind The Rise Of The Populist Right
A recent YouGov poll put Reform UK ahead of the Conservatives for the first time in its history. But who are the people running the party, what's driving its recent success and what do Reform voters look like? We ask Tim Bale, Professor of Politics at Queen Mary University and author of several books on the populist right. Hosted by Yuan Potts and Stephen Carroll.
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Tue, 18 Jun 2024 - 1181 - Poll Positioning: How Do The Good And Bad Numbers Influence the Campaign?
The latest opinion polls are bringing variations on the same theme: Labour have a massive lead over the Conservatives, Reform UK are rising up the ranks, and the Tories look on track for either a very bad, or catastrophic election. We discuss how the polls are influencing voters and the campaign with our UK Political Editor Alex Wickham. Hosted by Stephen Carroll and Yuan Potts.
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Mon, 17 Jun 2024 - 1180 - Bonus Episode: Do The Party Manifestos Mean Business?
It's three weeks to go until the general election, and this week we got a closer look at the major parties' plans for government. Will their ideas make any waves in the worlds of business, technology and industry? We put the question to three Bloomberg editors, City Editor Katherine Griffiths, Senior Executive Editor for Energy and Commodities Will Kennedy and our London Technology Editor Amy Thomson. Together they dig into the details behind the headlines. Hosted by Caroline Hepker and Lizzy Burden.
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Fri, 14 Jun 2024 - 1179 - Manifesto Reaction: Our Election Panel at the Campaign Halfway Point
Our weekly election panel weigh in on major parties' manifestos for the General Election campaign. Plus we can't let them get away without asking about debates and D-Day. We're joined by Alice Perry, former chair of Labour's National Executive Committee, Luisa Porritt, former Liberal Democrat member of the European Parliament and Chris Wilkins, former speechwriter to Theresa May. Hosted by Caroline Hepker and James Woolcock.
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Thu, 13 Jun 2024 - 1178 - Chipping In: Can AI Fix the UK's Public Finances?
The next UK government can help turn around the dire state of the national finances by harnessing artificial intelligence to boost public services, according to think tanks. As Labour launches its AI strategy, we talk to the director of the Tony Blair Institute for Global Change Jeegar Kakkas and Institute for Public Policy Research Senior Economist Carsten Jung about the role the state should play in the potential AI industrial revolution, what regulation the new technology needs, and if it really could create £70 billion extra for the next government to spend as some politicians promise. Hosted by Caroline Hepker.
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Wed, 12 Jun 2024 - 1177 - The Women Shaping UK Politics: Penny Mordaunt
This week in our series on the women on the frontline of Westminster politics, we look at Leader of the House of Commons Penny Mordaunt. She has been an MP for 14 years, served as Defence minister and is considered one of the Conservatives' best communicators, standing in for the Prime Minister at the general election leaders' debate. But she has also tried and failed to win the leadership of the Conservative party before and some question whether she will be able to shape either the party or Britain beyond this general election. Hosted by Caroline Hepker and Ailbhe Rea.
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Tue, 11 Jun 2024 - 1176 - Voting Blocs: Can the EU Election Change Britain's Relationship with Europe?
Rishi Sunak's being shown he's not the only leader who can call a snap summer election, France's Emmanuel Macron can too! Stephen Carroll's in Brussels to explain if elections in the rest of the Europe have any parallels to Britain's one. Plus, with the Liberal Democrats unveiling their manifesto to include a promise to rejoin the single market, we ask our Europe Correspondent-at-large Alberto Nardelli what, if anything, might change in UK-EU relations in the next government. Hosted by Caroline Hepker and Stephen Carroll.
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Mon, 10 Jun 2024
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