Podcasts about Despatch

Andy Burnham is heading for a leadership bid, and he's arrived with a big idea: Manchesterism. Apparently a form of business-friendly socialism, it's built on borrowing, backed by the Manchester skyline, and presented as a credible alternative to both austerity and the hard left. There is just one problem: it doesn't add up.Mani Basharzad of the Institute of Economic Affairs argues that the Manchester model rests on borrowing that bond markets are already pricing with suspicion, a council that is among the most indebted in the country, and a breezy confidence that infrastructure debt is categorically different from any other kind. (It isn't.) Then there is the welfare question: Burnham has shown no appetite for restraint. And the wealth taxes he has quietly signalled would do to capital what rent controls do to housing.The deepest problem is one of logic. Burnham wants growth and expanded welfare. He wants business confidence and more borrowing. He wants reform and the preservation of every existing structure. As Ludwig von Mises observed, you cannot split the difference between the government and the market. There is no third solution – only planned chaos.Despatch brings you the best writing from CapX's unrivalled daily newsletter from the heart of Westminster.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

From fractured local elections to the rise of Reform and the Greens, British politics increasingly feels unstable, fragmented and unpredictable. Yet in this essay, Lee David Evans of the Mile End Institute argues that while the old political order may be gone, the old parties are proving harder to kill than many assume. Drawing comparisons with Harold Wilson, John Major and Margaret Thatcher's Conservatives, Evans suggests that beneath the chaos of five-party politics, Labour and the Conservatives still retain deeper institutional resilience than their critics admit.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As grocery prices rise and political pressure mounts, radical solutions are back on the table – including state-owned food stores. In this essay, Jimmy Nicholls, writer of Poke the Bear and host of The Right Dishonourable podcast, examines New York's experiment under mayor Zohran Mamdani, arguing that public supermarkets are a costly illusion. With razor-thin margins and global supply chains driving prices, Nicholls suggests that even the most ambitious politicians cannot outmaneuver basic economics – and that taxpayers may end up footing the bill for a policy destined to disappoint.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

War in Iran. Energy bills set to spike again this summer. Electricity prices that have gone from among the lowest in Europe to among the highest. And a Government that appears to believe the answer is simply to press on.But Dr Gerard Lyons, research fellow at the Centre for Policy Studies, isn't arguing for abandoning the green transition. Instead, he says the way Britain is pursuing Net Zero is making the country poorer, less competitive, and more exposed to exactly the kind of international shocks that good energy policy is designed to absorb.The problem is substitution over addition — replacing fossil fuels before the renewable system is ready to carry the load, and loading the cost of transition directly onto household and business bills. The fix, Lyons argues, requires treating the energy transition as long-term infrastructure, financed through borrowing and repaid over generations. It requires nuclear — urgently, and at scale. It requires a stable tax regime for the North Sea. And it requires fixing a market design that means consumers pay gas prices even when the wind is blowing.Britain led the world in cutting emissions, and it could yet lead the world in doing so affordably. But Lyons warns that the current path risks making the green transition synonymous with economic pain — and that is a political and economic failure the country cannot afford.Despatch brings you the best writing from CapX's unrivalled daily newsletter from the heart of Westminster.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Labour's benefits reforms are now law. Ministers say they will cut poverty. Critics say they will simply transfer money from people who work to people who don't. Both sides are missing the point – because Britain's welfare state isn't just poorly calibrated. It is built on a fundamental misunderstanding of what poverty actually is.John Penrose, Chair of the Conservative Policy Forum, makes a quietly radical argument: that the official definition of poverty is itself the problem. By measuring poverty as anything below 60% of median earnings, the system embeds a permanent wealth-redistribution ratchet into the heart of the welfare state – one that treats the symptom, not the cause, and ensures that reported poverty barely shifts regardless of how many billions are spent.Despatch brings you the best writing from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

In the winter of 1973, Britain ran on three days a week. Candles lit homes, shops shut early, and a Prime Minister insisted everything was under control — right up until it wasn't. Half a century later, the warnings are sounding again.Dr Lawrence Newport, Director of Looking for Growth, draws a stark and unsettling parallel between the energy crisis that brought Edward Heath's government to its knees and the fragility of Britain's power supply today. The numbers are not reassuring: North Sea output at historic lows, gas storage a fraction of what it once was, and an import dependency that leaves the country acutely exposed to the kind of international shocks that, history suggests, are a matter of when rather than if.The failure, Newport argues, is not one government's alone. Successive governments chose dependency over resilience — allowing a labyrinth of reviews, consultations, and legal challenges to strangle domestic energy production while quietly decommissioning the reserves that might have offered protection. Hinkley Point C, the most expensive nuclear plant ever built, stands as the monument to decades of political drift.The Government insists Britain has one of the most reliable energy systems in the world. Newport is less sure. And the cost of being wrong, he warns, will not be felt in Westminster.Despatch brings you the best writing from CapX's unrivalled daily newsletter from the heart of Westminster.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Rachel Reeves delivers her Mais lecture. Zack Polanski addresses the New Economics Foundation. Both correctly identify the wounds – and then reach for policies that will make them worse.Britain's productivity slowdown is the worst in 250 years. GDP per head is nearly £11,000 lower than it would have been had pre-2008 trends continued. Youth unemployment is the highest in Europe. And yet we keep returning to the same remedies: more state, more intervention, more taxation – more of exactly what hasn't worked.Reem Ibrahim of Reason Magazine offers a clear-eyed audit of where Britain's economic debate currently stands, and finds it wanting. Reeves's housing reforms are modest at best – the OBR estimates Labour's planning changes will account for just 13% of homes built this decade. Polanski's rent controls would, as the near-universal consensus among economists confirms, devastate the very renters they claim to protect. His wealth taxes have been tried across the developed world and quietly abandoned almost everywhere. The question remains: who will stand up for British prosperity?Despatch brings you the best writing from CapX's unrivalled daily newsletter from the heart of Westminster.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

A Labour backbencher posts a forty-second video blaming Thatcher for Britain's economic woes — and the internet applauds. It's a familiar routine. But what if almost every claim in it is demonstrably, provably wrong?Maxwell Marlow of the Adam Smith Institute takes a scalpel to the mythology of economic nationalism — the idea that privatisation sold off Britain's birthright, that state ownership would have shielded us from the energy crisis, and that what this country needs now is to rebuild its industry behind tariff walls. One by one, the arguments collapse under scrutiny.Britain's real economic weaknesses — the housing crisis, the collapsing North Sea, the strangled planning system — are not the product of too much market liberalism. They are the product of far too little. The solutions are not romantic, and they are not new. But they work.Despatch brings you the best writing from CapX's unrivalled daily newsletter from the heart of Westminster.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

The US/Israeli war with Iran has led to a wave of conflict across the Middle East. In Lebanon, missile attacks on Israel from Hezbollah militants have been met with an Israeli assault – which has led to hundreds of deaths and more than 750,000 displaced from their homes.  Reporting from Beirut, Oz Katerji talks to Lebanese political writer and organiser Karim Safieddine. They discuss the future for a Lebanese population which has endured years of conflict, now yet again dragged into regional warfare.  • Support us on Patreon to keep This Is Not A Drill producing thought-provoking podcasts like this. Written and presented by Oz Katerji. Produced by Robin Leeburn. Original theme music by Paul Hartnoll – https://www.orbitalofficial.com. Executive Producer Martin Bojtos. Managing Editor Jacob Jarvis. Group Editor Andrew Harrison. This Is Not A Drill is a Podmasters production. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Under Zack Polanski, the Greens have quietly abandoned environmentalism in favour of something far more combustible: a coalition of economic grievance, communal tension, and calculated identity politics. And it's working.Young Britons — priced out of homes, squeezed by taxes, shut out of stable careers — are turning to a party whose solutions would make every one of their problems dramatically worse. Wealth taxes that don't raise money. Rent controls that push up rents. A Gaza foreign policy built on sentiment rather than sense.But there is a counter-example. Across the Atlantic, a conservative politician managed the seemingly impossible: he made the Right cool to young voters again. His name is Pierre Poilievre, and Britain's political class would do well to pay attention.Joseph Dinnage, Deputy Editor of CapX, makes the case for why — and how — the British Right must go Canadian before it's too late.Despatch brings you the best writing from CapX's unrivalled daily newsletter from the heart of Westminster.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

A Green by-election victory in Greater Manchester may once have seemed unthinkable. Now it looks like a warning shot. In this essay, William Atkinson, Assistant Content Editor at The Spectator, argues that the result signals something far deeper than a protest vote: the fragmentation of Britain's traditional party system and the rise of sectarian, identity-driven politics. With Labour rattled, the Conservatives in retreat and insurgent forces circling, Gorton and Denton could prove a harbinger of a far more volatile political era.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As unemployment climbs and youth joblessness surges past 16%, ministers insist the labour market is merely adjusting. But in this essay, Andrew Griffith, Shadow Secretary of State for Business and Trade, argues the truth is far starker: Labour's higher payroll taxes, expanded union powers and sweeping employment regulations have made hiring more expensive, riskier and less attractive. The result, he says, is a steady erosion of Britain's once-flexible jobs market — with young people paying the highest price.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As younger voters grow disillusioned with a housing system that denies them real control over their homes, the battle over leasehold has become a test of whether capitalism still delivers on its promises. In this essay, Harry Scoffin, founder of Free Leaseholders, argues that reforming — and ultimately replacing — leasehold with commonhold is not a left-wing cause, but the logical continuation of Thatcher's popular capitalism. From Randolph Churchill to Margaret Thatcher, Conservatives once championed mass ownership as a bulwark against socialism. Scoffin makes the case that finishing that project could restore faith in markets, revive homeownership and prevent a new generation from turning away from the system altogether.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

After decades of chronic undersupply, even modest housing reforms can feel like cause for celebration. But in this essay, John Penrose, Chair of the Conservative Policy Forum and founder and director of the Centre for Small-State Conservatives, argues that the Government's latest plans don't go nearly far enough. His solution is simple and radical in equal measure: give homeowners the right to build up, not out. By gently increasing density in towns and cities, Penrose says Britain could unlock millions of new homes, restore urban beauty, and finally make housing affordable for a new generation.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As calls grow louder to cap personal fortunes, a new philosophy – “limitarianism” – argues that no one should be allowed to be rich beyond a fixed limit. In this essay, Tim Worstall, Senior Fellow at the Adam Smith Institute, takes aim at the idea, arguing that it rests on a fundamental misunderstanding of how wealth, value and incentives actually work. From Mark Zuckerberg to global inequality, he makes the case that extreme riches are not a social failure, but often the by-product of innovations that benefit billions – and that banning wealth would leave society poorer, not fairer.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As WEF wraps up in Davos, Moneycontrol gets you the latest despatches from the event - find interviews with Infosys CEO Salil Parekh, Paolo Dal Cin (global lead for cybersecurity at Accenture) and Karnataka IB Minister MB Patil. In other news - the pressure continued on Indian stocks and the Rupee, local family run jewellery stores are feeling a liquidity squeeze, learn about the sweat and blood that went into making of the India-EU trade deal and how Ixigo was an unlikely gainer from IndiGo's crisis. Also inside: an interview with Zoho's Sridhar Vembu. Tune in!

Robert Jenrick's dramatic defection to Reform UK has blown open long-simmering tensions on the British Right — and handed Kemi Badenoch a serious test as Conservative leader. In this essay, Joseph Dinnage, deputy editor of CapX, dissects the intrigue behind Jenrick's dismissal, the risks Badenoch took in cutting him loose, and the uncertain gains for Nigel Farage's insurgent party. It's a story of ambition, loyalty and timing — and one that may yet reshape the balance of power on the Right.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As ministers insist the labour market is merely “normalising”, the numbers tell a more troubling story — especially for the young. In this essay, Damian Pudner, an independent economist specialising in monetary policy, argues that Britain is sliding into a slow-burn recession under Rachel Reeves, with youth unemployment surging and entry-level jobs disappearing. Higher payroll taxes, tighter regulation and rising business costs, he warns, are scarring a generation before their working lives have properly begun — with consequences that could haunt the economy for decades.Despatch brings you the best articles from CapX's unrivalled daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

With nearly a million under-24s out of work, education or training, good intentions are no longer enough. In this essay, John Penrose, Chair of the Conservative Policy Forum, argues that Britain's education and careers system is quietly wasting talent — steering young people into the wrong courses, offering patchy guidance, and making it far too hard to change direction later in life. His solution is strikingly pragmatic: better information on outcomes, stronger careers advice in schools, and a smarter system to recognise real-world skills — reforms that could transform life chances without costing the taxpayer a fortune.Despatch brings you the best of CapX — the sharpest writing from the UK's most insightful daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

What if every political party had to face real economic scrutiny? As Britain's political landscape fragments and fiscal debate grows ever more chaotic, Joseph Dinnage, deputy editor of CapX, asks a provocative question: should the Office for Budget Responsibility judge all parties, not just the one in power? In this essay, he charts Rachel Reeves's faltering economic credibility, the radicalism of the Greens and Your Party, and the inconsistencies on the Right — arguing that an upgraded OBR, modelled on the Dutch system, could bring much-needed discipline and transparency to a system swamped by unserious ideas. It wouldn't make forecasting perfect, he says, but it would help voters see which plans add up — and which are pure fantasy.Despatch brings you the best of CapX — the sharpest writing from the UK's most insightful daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Faced with weak growth, mounting debt and global instability, Britain needed a bold, pro-enterprise Budget. Instead, says James Price, Senior Fellow at the Adam Smith Institute, Rachel Reeves delivered one designed for party management rather than national renewal. In this essay, Price argues that Labour has no credible growth strategy — no serious tax reform, no supply-side agenda, and no appetite to shrink the state. The result, he warns, is an economy trapped in stagnation and a government running out of time to act.Despatch brings you the best of CapX — the sharpest writing from the UK's most insightful daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

After years of stagnation, high taxes and spiralling public spending, Britain risks locking itself into permanent decline. As Rachel Reeves prepares her second Budget, Ewen Stewart, City economist and member of the Growth Commission, sets out a bold plan to reverse course — cutting £105 billion in spending, simplifying taxes, and unleashing private enterprise. He argues that only by shrinking the state, freeing up markets and restoring sound money can Britain return to real growth and prosperity.Despatch brings you the best of CapX — the sharpest writing from the UK's most insightful daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

As Elon Musk edges toward an eye-watering new milestone, the idea of a trillionaire sparks more fear than fascination on the left. But what if extreme wealth could accelerate progress rather than hoard it? In this essay, James Price, Senior Fellow at the Adam Smith Institute, argues that visionaries like Musk and other billionaire entrepreneurs reinvest their fortunes in projects that governments could never deliver—from AI-driven education to medical breakthroughs and space exploration. The result, he suggests, is a private sector more capable of solving humanity's biggest problems than any public institution. Despatch brings you the best of CapX — the sharpest writing from the UK's most insightful daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Is Britain heading for another 1976 moment? With a £30 billion fiscal hole and few promises left unbroken, Rachel Reeves looks set to raise income tax — a move that could mark a grim turning point for Britain's economy. In this essay, Reem Ibrahim, Head of Media at the Institute of Economic Affairs, warns that higher taxes on work will punish aspiration, stifle growth, and echo the policy mistakes that once sent Britain to the IMF, cap in hand. Her message is clear: without spending restraint, Reeves risks repeating history's harshest lesson.Despatch brings you the best of CapX — the sharpest writing from the UK's most insightful daily newsletters.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Should the Right back Britain's most ambitious science corridor? The Oxford–Cambridge Arc has long been dismissed as another government slogan in search of substance. Yet beneath the jargon lies a bold vision: a world-class corridor linking Britain's greatest minds, laboratories, and industries—from quantum computing to Formula One. In this essay, James Price, Senior Fellow at the Adam Smith Institute, argues that the Arc could be the key to Britain's renewal—if only conservatives have the courage to back it. With smarter planning, faster connections, and freer markets, he says, the region could transform from a bureaucratic idea into a global powerhouse.Despatch brings you the best writing from CapX — the sharpest ideas from the UK's most insightful daily newsletter.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Welcome to the new Despatch — your Monday briefing for a sharper, more optimistic week. London's super-prime property market has long been the world's barometer of confidence. When Britain welcomes success, investment flows freely; when it punishes ambition, the money quietly leaves. Now, even before the Chancellor unveils his Budget, the warning lights are flashing. Economist Damian Pudner explains why London's property slowdown is a symptom of fading confidence — and sets out practical steps to bring capital, and optimism, back.Despatch comes from the team behind The Capitalist. Don't miss our full podcast every Wednesday.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Fifty years since Margaret Thatcher became leader of the Conservative Party, her face, and even some of her iconic outfits, were all over this year's party conference. Not everyone was happy about that. Hot takes and tweets grumbled about it being time to move on, to pack away the old clothes and put out something a bit more 2025.At CapX, however, we're proud to still fly the Thatcherite flag. Not just because, as part of the Centre for Policy Studies, the think tank she co-founded, Thatcher's ideas are in our DNA. But, as Marc Sidwell argues, because Mrs Thatcher remains the woman for this moment, with the ideas that Britain still needs to get back on the right track.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Something a little bit different again this week, as host Alain Tolhurst and the PolHome team head up to Manchester for the Conservative Party's annual conference, and return with a despatch from the four-day event, finding out what the mood is like among the Tories as they settle into the slog of opposition.Featuring MPs, pollsters and academics, including Shadow Chancellor Mel Stride, Shadow Housing Secretary James Cleverly, shadow transport minister Greg Smith, pollsters Allie Jennings from ThinksInsight and Patrick English from YouGov, politics professor Rob Ford, and economist Tom Pope from the Institute for Government, they assess whether there is still life left in the party, what their plan is to get back into office, and whether it will be Kemi Badenoch who tries to lead them there...To sign up for our newsletters click hereAnd to submit your nomination for this year's Women in Westminster: The 100 list, click herePresented by Alain Tolhurst, produced by Nick Hilton and edited by Ewan Cameron for Podot

Is Ed Miliband the greatest threat to climate action in Britain today? In this edition of Despatch, Sam Hall — Director of the Conservative Environment Network — delivers a clear critique of Labour's energy agenda. While the left rails against climate sceptics like Nigel Farage, Hall argues it's actually Ed Miliband's heavy-handed, ideologically driven policies that risk turning the public against the green transition.From sky-high subsidies and rushed decarbonisation targets to politicised rhetoric tying climate change to broader progressive causes, Labour is making clean energy more expensive, less competitive, and dangerously partisan. The result? Higher bills, slower adoption of electric vehicles and heating, and growing resistance from voters who should be onside.With the Conservative Party Conference approaching, Hall makes the case for a pragmatic, pro-market approach to climate policy — and calls on the right to reclaim its environmental legacy from both denialists and dogmatists.Despatch is the sharp weekly briefing from the team behind The Capitalist, unpacking the political ideas shaping Britain's future.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

With party conference season underway and Andy Burnham circling with a bolder agenda, former special adviser Callum Price asks the hard questions: Why is Labour so wary of defining its purpose? Why does Starmer still seem like a fox pretending to be a hedgehog — chasing contradictory goals without a guiding principle? And what happens when a party with power has no story to tell?Drawing on lessons from Isaiah Berlin and even Margaret Thatcher's ideological clarity, this edition explores what happens when governments try to govern without vision — and why the vacuum is already being filled.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

What if the real revolution isn't coming from the Left — but from the forgotten champions of free markets and personal freedom?In this special edition of Despatch, former Conservative MP Steve Baker lays out a bold and urgent case for a political reawakening. With the UK economy stumbling under the weight of high taxes, ballooning debt, and bureaucratic drift, Steve argues that the real danger isn't populism — it's the slow death of freedom under a stifling managerial consensus.Launching his new movement Fighting for a Free Future, Steve says we're facing a huge crisis and we need a paradigm shift: a return to the principles that once lifted billions out of poverty and could do so again — if only we had the courage to unleash them.Drawing inspiration from Leonard Read's classic essay "I, Pencil" and Argentina's dramatic turnaround under President Javier Milei, this episode is a passionate reminder that voluntary cooperation, not state coercion, lies at the heart of human progress.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Is Britain sleepwalking into a very French crisis? In this Despatch, Joseph Dinnage argues that Westminster is starting to look uncomfortably like Paris: a revolving door at the top, a debt “swamp” that spooks markets, and electorates hooked on ever-costlier entitlements. After François Bayrou's fall and Sébastien Lecornu's rise, France's soaring debt and pension politics serve as a cautionary tale—one Britain may be replaying with the triple lock, winter fuel U-turns and a ballooning interest bill. As Marine Le Pen and Nigel Farage reshape the conversation, Dinnage makes a brisk, unsentimental case for fiscal grit from Labour and a credible growth plan from the Tories—before voters decide the duopoly has had its day.Despatch features the best writing from CapX's daily newsletter, brought to you by the team behind The Capitalist. Don't miss our full show every Wednesday.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

This week on Despatch, we ask whether Labour's deputy leader is about to fall victim to her own class war. Once the scourge of Conservative ministers accused of impropriety, Rayner now faces her own reckoning over unpaid stamp duty. Yet her life story – from single mother at 16 to the country's second-in-command – makes her both Labour's populist powerhouse and a figure of fascination for some Tories.William Atkinson of The Spectator explores the political theatre, the stakes for Keir Starmer, and why Rayner's survival could reshape Labour – and perhaps Britain's future leadership.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Britain's new Online Safety Act was meant to protect children — but it's becoming an international embarrassment. Not only is it pushing young people towards darker corners of the web, it's also turning the UK into a would-be global censor.This week on Despatch, legal scholar Andrew Tettenborn reveals how Ofcom is sending heavy-handed legal threats to US websites like 4chan, Gab, and KiwiFarms, demanding they obey UK law — only to be laughed off. The result? Britain now looks like a bully abroad, a censor at home, and a country at odds with its proud tradition of free speech.From VPN loopholes to threats of a “Great British Firewall”, this is a searing look at a law that's doing far more harm than good — and why it's time for a rethink.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Sir Keir Starmer is reportedly becoming more and more frustrated at the sluggish reality of government within the current system. Who can blame him? Government is beset by a sclerotic Civil Service and continuous legal battles. But, as Looking for Growth's Lawrence Newport explains, a renewed sense of urgency might be just what Labour needs.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Labour's economic policies are hitting Britain's job market hard — from higher National Insurance and rising minimum wages to new employment regulations that make hiring riskier and more expensive. Joseph Dinnage, deputy editor of CapX, examines the latest data on job losses, recruitment slumps, and the growing costs facing small businesses, and warns of the impact on graduates, hospitality, and the wider economy.Despatch highlights the best writing from CapX, read by an automated voice, and is produced by the team behind The Capitalist.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Is the Conservative comeback already underway? In this week's Despatch, James Cowling from Next Gen Tories argues the vibe shift is real — and it's arriving faster than expected. With Labour stumbling and Reform flailing, the opportunity is ripe for a bold, pro-growth Tory revival.Cowling outlines the two major pivots required: redefining the party against both Labour and Reform, and proving the Conservatives have learned hard lessons that others haven't. From fiscal responsibility and planning reform to energy abundance and urban relevance, this episode makes the case for Conservatives 2.0 — a leaner, smarter, and more serious force for Britain's future.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Economic journalist Mani Basharzad reflects on Britain's Online Safety Act — and what it reveals about the rise of managerialism in public life.What begins as a discussion of misinformation soon unfolds into something broader: a quiet shift away from the liberal tradition of debate and dissent, toward a more technocratic instinct to manage, correct, and control.With nods to James Burnham, James Buchanan, and John Stuart Mill, this is a calm but pointed meditation on the value of open inquiry — and a reminder that freedom isn't always lost through loud confrontation, but through quiet consensus.Despatch features the best writing from CapX's daily newsletter – narrated by an automated voice.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Independent economist Damian Pudner offers a crisp, clear-eyed warning from the heart of Britain's fiscal landscape. As Chancellor Rachel Reeves sets out her vision for a re-energised economy, the real question remains: how will we pay for the modern British state?Pudner traces the quiet stirrings of market unease—from rising gilt yields to the spectre of fiscal dominance—and explains why Britain's debt trajectory is sounding alarms. With the tax burden at a 70-year high and productivity stagnating, he makes a practical case for sharper, leaner government over ever-higher spending.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Karl Williams reflects on the life and legacy of Norman Tebbit — the Conservative bruiser, RAF veteran, and Thatcherite stalwart who helped reshape Britain in the 1980s. Often caricatured as the hardman of the Tory right, Tebbit was also a principled, articulate statesman with a surprising hinterland. From his famed “on yer bike” quip to his decision to give up power for love, this is a personal and political tribute to one of the greatest prime ministers Britain never had.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

The markets have made their judgment—and it's far from flattering. As gilt yields climb and confidence wanes, Chancellor Rachel Reeves is facing a fiscal storm of her own making. Economist Damian Pudner weighs in on Labour's deepening credibility crisis, arguing that the era of cost-free politics is drawing to a close. With pressure mounting on both the Treasury and No. 10, the question is no longer whether taxes will rise, but how swiftly and by how much. The Chancellor is running out of road, the Prime Minister is newly vulnerable—and the world is watching.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Marc Sidwell dissects the Reform's shaky new tax proposal, the backlash against expert critique, and what it all says about the state of political debate. From Britain's fragile finances to America's protectionist turn, CapX's editor makes the case for returning to a more grounded, common-sense approach to economics — one that recognises trade-offs, not magical solutions.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Coventry's sleek new very-light-rail system is now in test mode, with 2,000 residents invited aboard. In this special Despatch, policy thinker Samuel Hughes explores how the project could offer a smarter, faster — and much cheaper — way to deliver public transport in Britain. Could this be the blueprint for the future of urban mobility?Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Economist Andrew Lilico casts a sharp eye over the Chancellor's first Spending Review — and finds it lacking. Beyond the rhetoric, the message is sobering: health spending is set to surge while almost every other department faces quiet, compounding cuts. The NHS will grow to dominate Britain's public finances — even as Rachel Reeves eyes new tax rises to make the numbers add up. So, what happens when the backlash begins? Tune in for a clear-eyed take on the week's most important speech.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Former Chancellor Jeremy Hunt offers a spirited defence of Britain's open-market tradition — and a sharp rebuke of Trump's tariff tactics. As the world shrugs off ‘Liberation Day', Hunt argues it's not America but open economies like Britain that are poised to thrive. With historical perspective and policy punch, he lays out why trade still matters, how globalisation lifted billions out of poverty, and why the UK can lead again — if it chooses to stay open. Despatch is our weekly highlight of the best writing from CapX's daily briefings, brought to you by the team behind The Capitalist.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

What does chasing a wheel of cheese down a dangerously steep hill say about Britain — and the state? In this Despatch, James Price of the Adam Smith Institute finds wisdom in one of our most eccentric traditions: Gloucestershire's infamous cheese rolling. What begins as a bruising ritual becomes a spirited case for liberty, localism, and limited government. A celebration of chaos, cheese, and the virtues of keeping Westminster well out of it.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

This week's Despatch offers a sharp warning to the Conservative Party from inside the tent. Former Tory candidate William Wellesley argues that the answer to Reform UK's rise isn't mimicry — it's honesty. In a measured but damning critique, Wellesley calls out decades of spin, soundbites and shallow promises from across the political spectrum — and urges the Tories to break the cycle. Only by confronting hard truths, he argues, can the party survive and serve.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

In this week's Despatch, Karl Williams of the Centre for Policy Studies unpacks Labour's long-awaited immigration white paper — and asks whether anything's really changed. From sky-high net migration targets to fudged visa reforms and a rebrand of the widely abused ‘shortage occupation' list, Labour's plans are long on rhetoric but risk being short on action. Worse still, the numbers show that even now, the UK's immigration model remains historically unprecedented, economically unsustainable, and politically combustible. Will Labour's technocratic tinkering bring about genuine reform — or is it just more of the same? This is a clear-eyed look at the promises, the policy and the political price of failure.Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe. Hosted on Acast. See acast.com/privacy for more information.

Harry Phibbs takes a scalpel to Britain's new free trade deal with India. Is it a triumph for post-Brexit Britain — slashing tariffs, boosting growth, and bringing down prices? Or does the small print on visas and taxes muddy the waters? From trade triumphs to immigration tensions, Phibbs unpacks the political spin and the economic reality — and explains why, despite the noise, this deal matters. Despatch brings you the best writing from CapX, the unmissable daily briefing on politics and economics from the heart of Westminster. Don't miss the next edition of our podcast, The Capitalist, this Tuesday. Hosted on Acast. See acast.com/privacy for more information.

Kemi Badenoch accuses Keir Starmer of talking 'trash' as she attacks Labour's record on the cost of living. Hugo Rifkind unpacks the action from the Commons chamber with the help of Tim Shipman, Theo Usherwood and comedian Geoff Norcott. Hosted on Acast. See acast.com/privacy for more information.