Labour confronts £20bn black hole

Tony Blair’s lengthy – and excoriating – 5,600-word essay on the future of the Labour Party and Britain has set Westminster alight this week. The former prime minister's critique has sparked a lively debate, and triggered robust responses from Labour leadership hopefuls Andy Burn ...  Show more

Andy Burnham running for the Makerfield by-election has become far more than a contest for a safe Labour seat. It is being seen as a proxy battle over Sir Keir Starmer’s leadership, Labour’s direction after its bruising local election results, and even whether Reform UK can break ...  Show more

Elon Musk’s business empire has been hit by a wave of senior departures over the past year, video games maker Electronic Arts is being taken private by a Saudi Arabia-backed consortium, and Downing Street has opened the door for Labour to break its election promises and raise tax ...  Show more

The Autumn Budget was the most significant since George Osborne implemented austerity in 2010. Rachel Reeves announced one hundred billion pounds for infrastructure, forty billion in tax rises and a whole host of policy changes, which she hopes will deliver Labour’s mission of na ...  Show more

With a £22bn ‘black hole’ in the public finances, the new chancellor Rachel Reeves has difficult decisions to make ahead of Labour’s autumn Budget next month. How might this hole be plugged, and where might tax rises land? In this episode, Dan Neidle, founder of think-tank Tax Po ...  Show more

US government shutdown nears an end as House approves funding deal, European carmakers and other industrial companies continue to face “devastating” chip shortages, and Scotland has been handed the same credit rating as the UK, in a boost to Edinburgh as it plans to launch an ina ...  Show more