Labour confronts £20bn black hole

The rolling drama over the appointment of Lord Peter Mandelson as US ambassador is eating the government alive, with more committee hearings coming next week and crucial elections for Labour on May 7. This week’s host Miranda Green discusses the cost of the Mandelson saga for Sir ...  Show more

It’s not just the Trump administration attacking the UK’s defence capabilities. Now a Labour grandee and former head of Nato, Lord George Robertson, has accused Sir Keir Starmer of ‘corrosive complacency’ over delays to defence spending. With the 10-year plan for defence stuck in ...  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