Labour confronts £20bn black hole

A week into the Iran war and Sir Keir Starmer is scrambling to defend the UK’s position on the conflict. Criticised by Donald Trump over blocking the US from using British military bases to launch initial strikes on Iran, and under pressure from allies such as Cyprus to do more t ...  Show more

The Gorton and Denton by-election was supposedly a three-horse race, but on polling day the Green Party stormed to victory by a vast margin. It was a devastating defeat for Labour, which was pushed into third place behind Reform UK. Sir Keir Starmer now faces intense pressure, wh ...  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