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The Office for Budget Responsibility is supposed to be the calm, quiet body that keeps watch over Britain's public finances. But after it accidentally released its Budget analysis before Chancellor Rachel Reeves delivered her statement, its chair Richard Hughes resigned and the watchdog suddenly became the lead story. Today on The Bunker, Seth Thévoz is joined by economist and former Treasury adviser Giles Wilkes to ask: what exactly is the OBR, and why does this low-profile institution hold so much power over the UK economy? • Head to nakedwines.co.uk/thebunker to get 6 top-rated wines from our sponsor Naked Wines for £39.99, delivery included. www.patreon.com/bunkercast Follow us on BlueSky: https://bsky.app/profile/bunkerpod.bsky.social • Advertisers! Want to reach smart, engaged, influential people with money to spend? (Yes, they do exist). Some 3.5 MILLION people download and watch our podcasts every month – and they love our shows. Why not get YOUR brand in front of our influential listeners with podcast advertising? Contact ads@podmasters.co.uk to find out more. Written and presented by Seth Thévoz. Producer: Liam Tait. Audio producer: Robin Leeburn. Managing editor: Jacob Jarvis. Design by James Parrett. Music by Kenny Dickinson. Group Editor: Andrew Harrison. THE BUNKER is a Podmasters Production. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this week's show Patrick Gray and Adam Boileau discuss the week's cybersecurity news. It's a quiet week with Thanksgiving in the US, but there's always some cyber to talk about: Airbus rolls out software updates after a cosmic ray bitflips an A320 into a dive Krebs tracks down a Scattered Lapsus$ Hunters teen through the usual poor opsec… … as Wired publishes an opsec guide for teens. Microsoft decides its login portal is worth a Content Security Policy South Korean online retailer data breach covers 65% of the country This week's episode is sponsored by Nebulock. Founder and CEO Damien Lewke joins to talk through their work bringing more SIgma threat detection rules to MacOS. This episode is also available on Youtube. Show notes Airlines race to fix their Airbus planes after warning solar radiation could cause pilots to lose control | CNN Congress calls on Anthropic CEO to testify on Chinese Claude espionage campaign | CyberScoop Post-mortem of Shai-Hulud attack on November 24th, 2025 - PostHog Update: Shai-Hulud and the npm Ecosystem: Why CTEM Must Extend Beyond Your Walls | Armis Glassworm's resurgence | Secure Annex 4.3 Million Browsers Infected: Inside ShadyPanda's 7-Year Malware Campaign | Koi Blog Post by @spuxx.bsky.social — Bluesky Meet Rey, the Admin of ‘Scattered Lapsus$ Hunters' – Krebs on Security The WIRED Guide to Digital Opsec for Teens | WIRED Perth hacker Michael Clapsis jailed after setting up fake Qantas Wi-Fi, stealing sex videos - ABC News Ed Conway on X: "The person who first downloaded the OBR's document at 11:35 on Budget day (I'm guessing someone at Reuters, given they first reported it) had already guessed the web address and tried and failed to download it 32 times so far that day(!) https://t.co/6iLm2uEUj2" / X Reuters accused of hack attack | ZDNET The Destruction of a Notorious Myanmar Scam Compound Appears to Have Been ‘Performative' | WIRED Microsoft tightens cloud login process to prevent common attack | Cybersecurity Dive Fortinet FortiWeb flaws found in unsupported versions of web application firewall | Cybersecurity Dive Cryptomixer platform raided by European police; $29 million in bitcoin seized | The Record from Recorded Future News Officials accuse North Korea's Lazarus of $30 million theft from crypto exchange | The Record from Recorded Future News Data breach hits 'South Korea's Amazon,' potentially affecting 65% of country's population | The Record from Recorded Future News NSA Contractor Groomed Teenage Girls On Reddit, DOJ Alleges Nebulock developed coreSigma for MacOS coreSigma repo:
This week: Rachel Reeves reels as Labour's Budget unravels – and a far-left Life of Brian sequel plays out in Liverpool.After a bruising seven days for the Chancellor, Michael and Maddie ask whether Reeves's position is now beyond repair. Did Keir Starmer's bizarre nursery press conference steady the ship – or simply confirm that the government is panicking? And is the resignation of the OBR chair a shield for Reeves – or a damning contrast with her refusal to budge?Then: the inaugural conference of Your Party delivers pure comic gold. As Zarah Sultana's collective-leadership utopians clash with Corbynite diehards and Islamist independents, Michael explains why the far left's civil war matters more than Westminster thinks. Could independents erode Labour's urban base? And with Jeremy Corbyn now looking like the centrist dad of the movement, what does this chaos tell us about the future of the British left?And finally: Christmas is coming. Maddie and Michael share their rules for 'sound' gift-giving and give their book recommendations.Produced by Oscar Edmondson.To submit your urgent questions to Michael and Maddie, go to spectator.co.uk/quiteright Hosted on Acast. See acast.com/privacy for more information.
Morse code transcription: vvv vvv US authorised second Venezuela boat strike, White House says OBR heads resignation leaves potential landmines for Reeves Newspaper headlines OBR chief resigns and Reeves clings on Twelve further prisoners mistakenly released, says David Lammy Italian town freezes Pavarotti statue knee deep in Christmas ice rink, angering widow British Fashion Awards 2025 Baby bumps and Traitors stars Whens the right time to put your Christmas tree up Car made famous by Bond was left to rust on a drive now its worth 1m Meningitis B vaccinations calls after Pontypool student, 18, dies Devastating toxic spill seen as test of whether African countries can stand up to China
The chair of the Office for Budget Responsibility has gone, the Chancellor is being accused of misleading the public. So how did that budget go? Richard Hughes has taken responsibility for the accidental leak of the budget and resigned. What does this mean for the OBR's future and political trust in it? Meanwhile, the Chancellor has been accused of misleading the public over the state of public finances. So what did happen in the budget pitch-rolling and what does this tell us about how well the UK does budgets? Could we, should we, do them differently? Plus - the Justice Secretary has revealed his plans for changes to jury trials. We dig into the latest news. Hannah White presents With Gemma Tetlow, Alex Thomas and Cassia Rowland Learn more about your ad choices. Visit podcastchoices.com/adchoices
Another week at the despatch box, but this time Keir Starmer had to fight off attacks from the opposition on the fallout from the budget which led to the resignation of the head of the OBR over the weekend. Safe to say Kemi Badenoch made great hay off the decision.Grace Blakeley interview: https://youtu.be/LFVgYXfegkQClive Lewis interview: https://youtu.be/qc1E_t68ehsSubscribe to How to Rebuild Britain now: https://linktr.ee/howtorebuildbritain Hosted on Acast. See acast.com/privacy for more information.
Today we're going to be talking about David Lammy, and his brand new plans to drastically reduce the number of jury trials in the UK in an attempt to address the backlog. With the backlog of cases due to be heard in courts already at 78,000, and heading for 100,000, the Justice Secretary believes that only radical solutions can tackle the ‘courts emergency'. But is he being too radical? This comes on the same day that Lammy announced that 12 prisoners have been accidentally released in the last three weeks.But first, the Budget fallout continues and there has been a resignation but – crucially – it's not the Chancellor. After the OBR leaked the Budget early, its chairman Richard Hughes has taken the fall and resigned last night. Does this ease or increase the pressure on Rachel Reeves?Oscar Edmondson speaks to James Heale and Isabel Hardman.Produced by Oscar Edmondson.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: podcast@spectator.co.uk Hosted on Acast. See acast.com/privacy for more information.
Sean Farrington explores why Richard Hughes has quit as head of the OBR after a Budget-day publishing blunder, and what it means for trust in the watchdog's forecasts.Trainees at an accountancy firm will be sent on secondments at bars, pubs and restaurants to help develop their 'front of house' skills - Sean finds out why. And it's Christmas advert season; can local shops compete with the big brands? Small businesses in Hexham, in Northumberland, have banded together to have a go by creating their own Christmas Ad.
This week, we learnt that there was no black hole in the UK finances all along. We discuss Rachel Reeves and her doom and gloom pre-budget speech, the controversies that have followed and the stoochie caused by the Office for Budget Responsibility having already told the chancellor that she had some money in the kitty after all. The resignation of the head bummer of the OBR and calls for the resignation of the Chancellor.We discuss all things Saint Andrew's Day, planning nightmares in the Highlands over wind farm expansion.That and Barclays Hamden Stadium, whether anybody will ever call it that, and does it matter?LinksFind out more about the Birthplace of the Saltire and the new Saltire Monumenthttps://saltire.scot/ ★ Support this podcast ★
In this Mark and Pete Budget Special, our intrepid duo dive into the chaos, comedy, and quiet despair of Britain's latest economic rumblings. First up: the OBR leak that spilled early forecasts across Westminster like a carelessly opened hymnbook, revealing sluggish growth, stubborn borrowing, and a government hoping nobody notices the fine print. Then it's on to the endlessly controversial mansion tax, where homeowners panic, politicians posture, and Mark calmly explains why half the country is suddenly checking their Zoopla valuation with sweaty palms.Pete brings the theological lens, Mark brings the economic logic, and together they explore the growing maze of ISAs, the rise of salary sacrifice, and the lingering chill of the threshold freeze — Britain's favourite stealth tax. Along the way, expect dry humour, a touch of pulpit wisdom, and a brutally honest look at how ordinary people will fare as the nation stumbles forward.Finally, the pair unveil their fateful fiscal forecast: a wry yet hopeful prediction of Britain's economic future, mixing biblical perspective with British grit. Faith meets finance, wit meets wisdom, and listeners get a sharply insightful guide to navigating the quirks of the UK economy.
Morse code transcription: vvv vvv Car sharing company ZipCar to end UK operations Trump releases fraudster executive days into prison sentence Teenage girl dies in minibus crash near Tadcaster Grammar School OBR chair Richard Hughes resigns over Budget day publishing error ORR reverses Avanti West Coasts Manchester London ghost train plan Zelensky says Ukraine territory most difficult issue, as US envoy prepares to meet Putin Police consider corporate manslaughter charges in Post Office scandal Doctors to stage five day strike before Christmas Luigi Mangione in court as lawyers seek to rule out notebook, gun and other key evidence Teen dies after getting out of ambulance on M5
November was a whirlwind month for cryptocurrencies, and it seems that volatility is carrying over into December with Bitcoin posting its worst single day decline since March yesterday. Meanwhile, the head of the U.K.'s budget watchdog resigned after the OBR accidently released its report ahead of Chancellor Rachel Reeves' budget last week. And in an exclusive interview with CNBC, the Bank of England's Megan Greene laid out her outlook for the economy, and what she'd need to see in the labour market and inflation figures to prompt a rate cut.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Live from a new studio, Laura and Seán reflect on Rachel Reeves' autumn budget and the controversy surrounding the OBR.Watch our Paul Collier interview here: https://youtu.be/f51urcvWmsMSubscribe to How to Rebuild Britain now: https://linktr.ee/howtorebuildbritain Hosted on Acast. See acast.com/privacy for more information.
The fickle media and Conservative MPs are hailing Kemi Badenoch's recent performances, making her more secure in her role as leader. The Tories are still dominant in the media, so could they - not Reform - emerge as the main alternative at the next election? Plus the furore over Rachel Reeves and the OBR, and why is it shocking for a Labour government to deliver a ‘Labour budget”? To find out more about the Common Ground Justice Project click the link here. Rock & Roll Politics -The Xmas Special is live at Kings Place on Dec 8th. Get your tickets here. Subscribe to Patreon for live events, bonus podcasts and to get the regular podcast a day early and ad free. Written and presented by Steve Richards. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this second of three post-Budget specials, Tom Bill is joined by Michael Brown from Pepperstone to unpack a chaotic week for Westminster, the markets and the wider economy. From the unprecedented OBR leak and the Treasury's credibility problem to front-loaded spending, back-loaded tax rises and why gilt markets may be calm for now, Michael explains what really mattered in the Budget, what the Bank of England is likely to do next, and why political risk may be the biggest story of 2026. Hosted on Acast. See acast.com/privacy for more information.
The week was defined by Chancellor Rachel Reeves' pivotal budget, which combined £26 billion in tax rises with increased spending commitments. Despite the Office for Budget Responsibility (“OBR”) upgrading 2025 growth to 1.5%, the reaction from the business community was negative. Following the tax rises, KPMG countered the OBR, warning growth will stall to 1% in 2026. Corporate sentiment crashed as the Institute of Directors (“IoD”) reported near-record low confidence, while the Confederation of British Industry (“CBI”) saw service optimism fall at its fastest rate in three years. Although a £22 billion fiscal buffer calmed markets, the cost was a collapse in business investment intentions to pandemic lows. Furthermore, with the Bank of England (“BoE”) warning it may "look through" one-off price cuts, the rate path remains complicated despite markets pricing a near-certain December cut...Stocks featured:Lloyds Banking Group, St. James's Place and WhitbreadTo find out more about the investment management services offered by Walker Crips, please visit our website:https://www.walkercrips.co.uk/This podcast is intended to be Walker Crips Investment Management's own commentary on markets. It is not investment research and should not be construed as an offer or solicitation to buy, sell or trade in any of the investments, sectors or asset classes mentioned. The value of any investment and the income arising from it is not guaranteed and can fall as well as rise, so that you may not get back the amount you originally invested. Past performance is not a reliable indicator of future results. Movements in exchange rates can have an adverse effect on the value, price or income of any non-sterling denominated investment. Nothing in this podcast constitutes advice to undertake a transaction, and if you require professional advice you should contact your financial adviser or your usual contact at Walker Crips. Walker Crips Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FRN: 226344) and is a member of the London Stock Exchange. Hosted on Acast. See acast.com/privacy for more information.
Will Bain speaks to a former Treasury economist about the claims Chancellor Rachel Reeves misled the public over stronger OBR forecasts before her tax-raising Budget.Also, while there was disappointment this budget didn't have much to offer in the way of economic growth, there was a glimmer of hope for tech start ups hungry for investment. We speaks to a CEO on why the future may be brighter for her sector.And we find out from a former confectionery buyer on what it takes to get to Christmas chocolate on the supermarket shelves.
Rachel Reeves is accused of misleading the public, lying and “possible market abuse” by the opposition. They've called for her resignation. The Prime Minister, however, is standing by her and told us today the budget was a thing of “personal pride” for him. Meanwhile the OBR - the body that accidentally leaked the Chancellors budget an hour before it was given - have admitted this evening it was the worst failure in its fifteen year history. The run up to the entire budget was a fiasco. But was it a lie? And which bits do the public really understand or care about? Later, why is Trump about to declare war on Venezuela? Is it about regime change, or oil, or Epstein or all three?The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/EXCLUSIVE NordVPN Deal -> https://nordvpn.com/thenewsagents Try it risk-free now with a 30-day money-back guarantee
The Office for Budget Responsibility has attracted huge criticism, and anger from Chancellor Rachel Reeves, after mistakenly revealing the details of her budget hours before she delivered it. But the watchdog already had its critics. Liz Truss says she never realised how powerful the OBR was and that it should be abolished. And Sir Keir Starmer has criticised the OBR's assessment of his government's fiscal plans. So how will the budget leak affect the OBR's future? Niall talks to Ed Conway, Sky's economics and data editor about exactly what the OBR is, whether it has too much power and if it will survive. Producer: Emma Rae Woodhouse Editor: Wendy Parker
Two days after Rachel Reeves delivered her first budget, Calum Macdonald and former No.10 special adviser Kirsty Buchanan break down what really happened — from the OBR leak, to the tax rises, to the political strategy behind one of the most controversial fiscal events in years.Economist Simon French (Panmure Liberum) joins to assess: • Why the markets didn't panic • Whether this budget really “clobbers working people” • Why business rates may spike for pubs & hospitality • Whether inflation could now fall faster • If the tax pain scheduled for 2027–2029 is even credibleWe also examine the biggest brewing storm: A £6 billion black hole in Special Educational Needs (SEND) funding and the government's unclear plan to fill it.✨ Including discussion of welfare spending, Labour strategy, the markets, business rates, and parents' fury over potential education cuts.If you enjoy behind-the-scenes Westminster insights and real economic analysis, subscribe to Whitehall Sources. Hosted on Acast. See acast.com/privacy for more information.
After another momentous tax-raising fiscal event from Rachel Reeves, this week we're running the rule over the 2025 Budget, with its further freezes to tax thresholds, the scrapping of the two-child limit on benefits, reforms to savings, pensions and ISAs, as well motoring and property taxes, and a host of cost-of-living measures too.Oh and the fact the whole thing was leaked by the OBR half an hour before the Chancellor stood up in the Commons to deliver the thing...To discuss all that and much more on this bumper episode we're going to hear from the Shadow Chancellor Mel Stride, Treasury minister Lucy Rigby, economists James Smith from the Resolution Foundation and Carsten Jung from the IPPR think tanks, as well as Labour MP Yuan Yang, who sits on the Treasury select committee.To sign up for our newsletters click herePresented by Alain Tolhurst, produced by Nick Hilton and edited by Ewan Cameron for Podot
It's Budget week, so we look at what happens after the Chancellor sits down and how the days announcements are converted into the Finance Bill. We speak to Lord Ricketts, Chair of the European Affairs Committee, about whether Parliament is prepared to scrutinise the “dynamic alignment” with EU laws that may emerge from the Government's reset with Brussels. And we explore the latest twists in the assisted dying bill story, where a marathon battle is looming in the New Year after the Government allocated 10 additional Friday sittings for its scrutiny.___Please help us improve Parliament Matters by completing our Listener Survey. It will only take a few minutes.Go to: https://podcastsurvey.typeform.com/to/QxigqshS___In this episode, we unpick a Budget Day thrown off course by an early OBR leak that overshadowed Rachel Reeves' statement, gave Kemi Badenoch an unexpected advantage, and left MPs scrolling their phones rather than watching the chamber. But once the drama fades, the hard legislative work begins. MPs must first approve 101 Ways and Means resolutions before the Finance Bill can be presented. We explain the crucial 30-sitting-day deadline for getting the Finance Bill through Second Reading, and we demystify why, in Westminster-speak, scheduling that debate for “tomorrow” almost never means it will take place the next day.We then turn to the new House of Lords report looking at the reset of the UK–EU relationship. Lord Ricketts, Chair of the European Affairs Committee, joins us to explain how “dynamic alignment” on food standards, carbon pricing, youth mobility and even defence loans could pull the UK closer to EU rules. He warns that Parliament – especially the Commons – has neither a plan nor the structures, expertise or capacity to keep track of the steady stream of technical agreements likely to emerge, raising familiar questions about whether “taking back control” has empowered ministers far more than parliamentarians. We also discuss what happens when a Lords committee cannot reach a consensus on a report, and whether such divisions may become more common in an age of polarisation.Finally, the Government Chief Whip has announced a further 10 ten Friday sittings for consideration of the assisted dying bill in the New Year. We look at what this reveals about government neutrality, the prospects for filibustering, and when this parliamentary Session is really likely to end. We also look at the proposed new Lords inquiries on national resilience, domestic abuse, vaccination and numeracy, and examine the justice reforms floated in Sir Brian Leveson's review, including the contentious suggestion that the right to a jury trial could be abolished in some cases.___
In this special reaction episode of MM Talks, we tear up the script following the unprecedented early leak of the OBR report and the Chancellor's subsequent speech. Join Kimberley Dondo as she sits down with the Money Marketing editorial team, Tom Browne and Dan Cooper, alongside special guest Chris Jones, Financial Services Director at Dynamic Planner, to dissect a day of high drama and hard numbers. The team discusses how the "accidental" leak set the stage for a gloomier economic reality and debates whether the Chancellor's "growth" narrative survived the downgrade to 1.5%. Most importantly, we dig into the technical details that will hit your clients' plans tomorrow morning. Listen now:
Tim Shipman sits down with Professor David Miles of the Office for Budget Responsibility the day after a Budget overshadowed by an extraordinary leak. David sets out what the OBR now believes about growth, headroom and productivity — and why the UK's long-term prospects look weaker than hoped. He discusses the political choices behind back-loaded tax rises, the decision not to score the workers' rights reforms, and why Britain is so slow to adopt its own inventions. Plus: what the OBR's new leak investigation will look like, and how confident we should really be in those fiscal forecasts.Produced by Oscar Edmondson. Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: podcast@spectator.co.uk Hosted on Acast. See acast.com/privacy for more information.
Dixon Cox is back again! This week: -Rachel Reeves' disastrous budget makes life worse for hard-working Brits -Kemi Badenoch eviscerates Reeves in the House of Commons -The two-child benefit cap is scrapped, but who will it help the most? -The OBR leaks the entire budget in advance -David Lammy decides to undo Magna Carta by scrapping jury trials for most crimes Watch the full episode here: https://www.nickdixon.net/p/labour-punishes-workers-with-disastrous Sign up now to watch the full episode, with extra content not available anywhere else, and get full versions of all our previous Dixon Cox episodes, as well as the bonus podcast I do with Paul on non-political topics. Plus my new podcast with based vicar Jamie Franklin. You will also get access to the full versions of all my guest interviews with the likes of David Starkey, Carl Benjamin, Ben Habib, Andrew Doyle and loads more in the archive. And you can chat to me in the private chat group if you are so inclined. Sign up for £5 a month, or just over £4 with the yearly option, and allow us to keep producing all this work. Many thanks, Nick Nick's links Substack: nickdixon.net YouTube: https://www.youtube.com/@nick_dixon X: https://x.com/njdixon Paul's links X: https://twitter.com/PaulCoxComedy YouTube: https://www.youtube.com/@paulcoxcomedy Comedy clubs: https://www.epiccomedy.co.uk/
Contact us and share your opinionJoin Andy and Gandhi as they cover the impact of the budget, the BMA being out of GP negotiations and other plans for GPs by the DAUKAgendaWes Letter 27/11/25BMA lose exclusive negotiating role in GP contractBudget 25 - impact for GP?DAUK Your GP here for you campaignBMA set to lose exclusive GP contract negotiating role in Englandhttps://www.pulsetoday.co.uk/news/breaking-news/bma-set-to-lose-exclusive-gp-contract-negotiating-role-in-england/ Not our role to negotiate GP contract', says RCGPhttps://www.pulsetoday.co.uk/news/contract/not-our-role-to-negotiate-gp-contract-says-rcgp/ NHSE primary care director Dr Amanda Doyle: Patients deserve consistent online access - by Amanda Doylehttps://www.pulsetoday.co.uk/views/2025-26-contract/nhse-primary-care-director-dr-amanda-doyle-patients-deserve-consistent-online-access/ Budget 2025ContextLong waitLots of leaks and kite flyingNot least OBR leak on the dayhttps://www.nhsconfed.org/publications/autumn-budget-2025#:~:text=The%20overall%20budget%20for%20health,in%20the%20OBR's%20inflation%20projection. Wimslow practice videohttps://www.youtube.com/watch?v=1zNQN8VJLVI Medics Moneyhttps://www.youtube.com/watch?v=u0KEiv6cR8U Doctors demand new GP contract and £40-per-patient funding uplifthttps://www.pulsetoday.co.uk/news/contract/doctors-demand-new-gp-contract-and-40-per-patient-funding-uplift/Doctors' Association UK (DAUK) has demanded that the Government increase core GP funding per patient by £40 a year as part of a new ‘patient-centred' GP contract. The group's ‘Your GP, here for you' campaign proposes funding these changes by increasing per-patient funding by £40 a year to £209 – a move it says would bring the figure in line with inflation over the last decade. Advocate for a patient centred GP contracthttps://dauk.org/our-call-for-new-patient-centred-gp-contract/ Wes Letter 27/11/25Dear Colleagures… To GPs and bypassing the GPCFirstly, I want to say a heartfelt thank you to you and your teamsPatient satisfaction with general practice is improving, with 73.9% reporting a good overall experience, up from 67.4% in July 2024. This is a significant achievement, and the credit is all yours.Background to previous negotiation milestones with labour …We struck the first contract deal with the BMA GPCE in 4 years last year, backed by £1.1billion in 2025/26 (an 8.9% cash uplift), the biggest in over a decade.Within months of entering government, we invested an additional £82 million into the ARRS scheme and removed red tape to allow you to recruit over 2,500 extra GPs. I am now actively looking at ways I can introduce further flexibilities into the scheme to continue boosting GP employment.To ensure general practice is rewarded for the additional work you take on through advice and guidance, we have introduced a financial Boost your triage skills with our dynamic 5-session live webinar course, tailored for primary care clinicians. Led by Dr. Gandalf and Dr. Ed Pooley, this comprehensive training covers all facets of remote patient triage—digital, on-call, and more. Gain practical knowledge, exclusive tips, and direct access to our experts through open Q&A sessions. Elevate your ability to manage primary care challenges effec Subscribe and hear the latest EPIC episode. Join Dr Mike as he shares how to get started and fly using EMIS to make your life easier with this clinical systembit.ly/EMIScourse
It's the morning after the economic night before and the response to Rachel Reeves's Autumn Budget has been emphatically negative.On this edition of The Daily T, Camilla Tominey and Tim Stanley reflect on the Chancellor refusing to apologise for breaking Labour's pledge not to raise tax, the chairman of the OBR offering to resign after the Budget was leaked and some of the commentary criticising Kemi Badenoch's response in the chamber as too personal.They're also joined by former Treasury advisor to Kwasi Kwarteng and Jeremy Hunt, Cameron Brown, who rails against the Chancellors plans that “dis-incentivise saving” and make you ask “what's the point in setting up a business?”We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducers: Lilian Fawcett and Hugo Verelst-WaySenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey Hosted on Acast. See acast.com/privacy for more information.
There will be no growth in the UK.Chancellor Reeves' budget was designed to placate left-wing back benchers, who want greater spending, and the bond markets. In that, it has succeeded. For now.The ever-shrinking part of the country that actually builds wealth (and remember there are only 3 ways to build real wealth: you grow stuff, you mine stuff or you make stuff. Everything else is just pushing it about) is being further taxed to pay for it all. There are now extra taxes on property, dividends and savings, while fiscal drag means more people will pay higher rates of income tax (closing in on 25% of workers by 2030, apparently), further diminishing their chances of improving their lot. Never mind the currency debasement of the money they are being paid in.Stealth taxes, such as fiscal drag, get my goat because they are so disingenuous. But perhaps of greater concern are doors which have been opened to new sources of taxation. The extra levy on high value properties, for example, has been set at £2,500 per year for properties in the £2-£5 million bracket, and £7,500 for properties above.A £2 million house in London is not some decadent billionaire plaything: it is often a mere terraced house built 150 years ago for an ordinary working man and his family.My friend, who is uber successful and very left wing, has an expensive house in Hampstead. She was actually happy about this tax, because she thought it was fair - and because she thought she was going to get hammered for higher taxes elsewhere. What she doesn't realise is that this is just the beginning. The door is now open to further property taxes and the only way is up.What's more, as currency gets debased, fiscal drag means more and more properties will fall into this category.Income Tax began as a tax only on higher earners. Within a few decades, ordinary workers were hit. Now they're paying higher rates. These new property taxes will go the same way.Never mind that you bought the property with taxed income, and then paid stamp duty. It's endless.Between that, landlord taxes, extra tenant protection, Section 24 and the plethora of petty regulation, the age of the small landlord in Britain is now over. Renting, like so many other parts of the economy, will become the domain of larger corporations. And we will all lose because of it.It also means that real estate is over as an investment. All it really was was a shield against currency debasement, but those days are now behind us.Similarly, the door is now open for local authorities to charge a visitor levy. This tourist tax will start small and then rise, like every other tax in history. We already have the tax on moving that is stamp duty, now we have this. If you tax movement, people will move less. If you have no movement, you have no growth. It really isn't that difficult.They do not seem to understand that capital flows to where it is welcome. If you tax it, it will not come; it will go. What is the golden rule of the magnum opus? More taxes or higher rates do not equal greater revenue. But the reverse.We are now, as you know, taxed at the highest rate since the Second World War. What is the money going on? You don't need me to tell you how much is being spaffed. Waste, fraud, incompetence, misallocation. Government is the most inefficient means of spending money there is. As if to prove my point, they couldn't even make the announcement about how they're going to spend your money competently. They've spent the last few months leaking stuff. Leaking is a tool of government, so when it backfires, at least we have some karma. Meanwhile, the source of the leak, the OBR, rarely if ever gets a prediction right. How much is being drained from the productive to fund that thing? How many bad choices are made as a result of its utterances?The state is already disproportionately large and it is only going to get bigger Where do the salaries of those who work for the state come from? The ever-decreasing sector of the economy that actually builds wealth. Even if you are providing some essential state service and are being well paid to do it, you are still a dependent, because it is the shrinking part of the economy that actually builds wealth that is the ultimate source of your wages.Millionaires and billionaires, assuming they haven't made their wealth through crony capitalism or government subsidy, are not the problem - they are the solution. We want to attract them here, not frighten them away. They create employment. Our lives are better for likes of Jeff Bezos and Elon Musk, not worse. The same goes for investment, profit, saving, trade, growth. We want to attract them not deter them.The opposite applies to deficit spending, money printing, currency debasement, suppressed interest rates, high taxes, tax traps, welfare, dependency, regulation and bureaucracy. You want to deter them not attract them. Yet I am afraid all we are doing is the latter.If you pay people to be unproductive, you will get more unproductive people. If you tax people who are productive, you will get fewer productive people. What is so hard to understand?We can rant and rave. It won't do any good. This is the path we are on. We are following the template of South Africa. (It was actually me that coined the term “the South Africanisation of everything”, something I am quite proud of). We keep thinking that things can't get any worse. But they can and will. It is gradual and incremental. We are frogs being boiled while suffering water torture. The country is going to get even more socialist. All you can do is look after yourself and your family.If you are young and reading this, the best thing you can do is leave, as so many are already doing. It is just so hard to build a future for yourself when you are so heavily taxed, and then the money you are paid in is being debased. Leave, travel the world, have adventures, learn, become a Sovereign Individual. The world is a big place. There are better futures to be had elsewhere.It's all happening just as I said it would in Daylight Robbery, by the way, even the mileage taxMany of us, however, because of our circumstances, do not have the option to leave.So what to do?Real estate, as already mentioned, is now dead as an investment. It's too easy a target for taxes. UK companies are going to find life that much harder - the rising minimum wage will reduce employment (and thus increase the burden of dependents). It's also going to mean higher costs for you as this tweet demonstratesIf companies do well, they will face further taxes. Dividend taxes are a deterrent too. We are not quite at the point where UK companies are un-investible (in fact there is a wall of US capital that wants to buy the UK), but the foundations are not exactly enticing.The one compensation for saving in fiat was interest, but taxes here are going to go up too. So cash is crapAs we have long argued on these pages, you need to park capital where governments can't touch it, tax it or debase it. The best forms of non-government money are gold, if you want something physical, and bitcoin, if you prefer something digital.We are not yet at the point where they try to tax or confiscate your gold and bitcoin, but we are on the trajectory I'm sorry to say.All those horrible bitcoiners crowing about how much money they've made - do you honestly think taxing or confiscation of bitcoin won't meet with public approval? You're just another one of those loathsome rich people creating inequality.It's coming, but we are not there yet.Bitcoin is in one of its down seasons. But it is still the best performing asset class of the last 15 years. And if you don't like it, fine, own gold instead. There is plenty more gas in that particular tank.Reeves may have staved off a tantrum in the gilt markets, and a resulting fall in the pound, but she has created an even bigger problem for her successors.We need fewer taxes, lower taxes and simpler taxes. It all starts there. Reeves has chosen a path in the opposite direction, the road more travelled. And it takes us further along the road to serfdom. If you live in the Third World Country such as the UK, I urge you to own gold or silver. The bullion dealer I recommend is The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.Sunday's thought piece has become the most viewed piece in this Substack's history. Take a look, in case you missed it:Until next time,Dominic This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe
A £26bn tax rise, pension changes and an accidental OBR publication. There's a lot to unpack from the Chancellor Rachel Reeves's budget.US President Donald Trump has responded to the shooting of two national guard members who were targeted near the White House.There's been a fatal fire in Hong Kong with 300 people still missing.And the Prince of Wales has told John Cleese his children have just discovered his hit 1970s sitcom Fawlty Towers and "love it".Sophy and Wilf get you up to speed on all the day's news, in just 10 minutes.Follow Cheat Sheet here to never miss an episode: 'https://podfollow.com/cheatsheet/
Does Rachel Reeves have a credible plan for growth? One day on from her Budget Statement, George Osborne and Ed Balls debate her headline measures and ask if she's built enough of a narrative to save her job. Health Secretary Wes Streeting asks about two Osbornian policies: the sugar tax and two-child limit. How can Labour win the argument?They also talk about the disastrous OBR leak, whether anyone will be sacked, and ask how it stacks up to some of the biggest leaks in budget history… Is it worse than Ken Clarke in 1996? Or the Evening Standard beating George to the punch in 2013?Finally, they briefly turn to the war in Ukraine and debate the peace negotiations. The big question now is whether Putin has been strong-armed into signing a peace treaty, and if that means a lasting cease-fire is in sight.Thanks for listening. To get episodes early and ad- free join Political Currency Gold or our Kitchen Cabinet. If you want even more perks including our exclusive newsletter, join our Kitchen Cabinet today:
After this month's media chaos, Alan shares his experience of Monday's select committee hearing, where BBC board members were brought before MPs. But why did no-one address the elephant in the room?As Lionel returns from his overseas travels, the reunited hosts discuss the media bombshells that dropped in his absence. They also examine claims by historian Rutger Bregman that the BBC censored his speech at its annual lecture to remove negative mentions of Donald Trump.Finally, after the OBR accidentally published its budget forecast before the chancellor's speech, the pair answer a question about reporting on leaks.You can read Alan's BBC analysis here: https://www.prospectmagazine.co.uk/ideas/media/71655/firestorm-has-ripped-through-bbc-no-one-will-say-why Hosted on Acast. See acast.com/privacy for more information.
Budget 2025: A world of taxes, benefits and leaks. Mostly leaks. Tune in to find out what Alex Andreou and Naomi Smith make of it all. And they are joined by economic heavyweight Vicky Pryce to ensure that the economics aren't overshadowed by the theatrics (of which there were many). ***SPONSOR US AT KO-FI.COM/QUIETRIOTPOD*** Head to nakedwines.co.uk/riot to get a £30 voucher and six top-rated wines from our sponsor Naked Wines for £39.99, delivery included. “Upgrading this year's growth and slightly downgrading the next four years, I'm not sure that's a big problem for Reeves. She would rather be in a position where she is beating the forecast than falling behind.” “The OBR went back and looked at the productivity figures. What all those things, including Brexit, brought was a lowering of the productivity curve. You can't get to the trajectory you were on before. You become stuck at the low growth phase.” “We had a woman Chancellor, a woman Deputy Speaker keeping people in check and a woman Leader of the Opposition and, much as none of us have any time for Badenoch, that was a remarkable moment.” “The last time income tax was raised was 1975 - that's 50 years ago. This has led to a ballooning of the number of measures in a budget from a few with a big impact to hundreds with small impacts. It is deliberate confusion.” “The advantage of income tax is that it is progressive and you are pretty sure you will get money from it. Tinkering with many small measures can induce changes in behaviour that completely offset what you're trying to do, so then you have to tinker more.” • Buy something from our bookshop here. • Email us at quietriotpod@gmail.com. • Or visit our website www.quietriotpod.com. Brought to you by Naomi Smith, Alex Andreou and Kenny Campbell. ***SPONSOR US AT KO-FI.COM/QUIETRIOTPOD*** Learn more about your ad choices. Visit podcastchoices.com/adchoices
Timestamps: 0:30 Budget expectations, OBR leak, and response 4:29 Lifting of the two-child limit on the child element of Universal Credit10:23 Clearing confusion around child benefit, two-child limit, and the benefit cap14:01 Freezing tax thresholds19:25 Smorgasbord of smaller taxes 28:26 Spencer reflects on his first Budget with the FAI
There will be no growth in the UK.Chancellor Reeves' budget was designed to placate left-wing back benchers, who want greater spending, and the bond markets. In that, it has succeeded. For now.The ever-shrinking part of the country that actually builds wealth (and remember there are only 3 ways to build real wealth: you grow stuff, you mine stuff or you make stuff. Everything else is just pushing it about) is being further taxed to pay for it all. There are now extra taxes on property, dividends and savings, while fiscal drag means more people will pay higher rates of income tax (closing in on 25% of workers by 2030, apparently), further diminishing their chances of improving their lot. Never mind the currency debasement of the money they are being paid in.Stealth taxes, such as fiscal drag, get my goat because they are so disingenuous. But perhaps of greater concern are doors which have been opened to new sources of taxation. The extra levy on high value properties, for example, has been set at £2,500 per year for properties in the £2-£5 million bracket, and £7,500 for properties above.A £2 million house in London is not some decadent billionaire plaything: it is often a mere terraced house built 150 years ago for an ordinary working man and his family.My friend, who is uber successful and very left wing, has an expensive house in Hampstead. She was actually happy about this tax, because she thought it was fair - and because she thought she was going to get hammered for higher taxes elsewhere. What she doesn't realise is that this is just the beginning. The door is now open to further property taxes and the only way is up.What's more, as currency gets debased, fiscal drag means more and more properties will fall into this category.Income Tax began as a tax only on higher earners. Within a few decades, ordinary workers were hit. Now they're paying higher rates. These new property taxes will go the same way.Never mind that you bought the property with taxed income, and then paid stamp duty. It's endless.Between that, landlord taxes, extra tenant protection, Section 24 and the plethora of petty regulation, the age of the small landlord in Britain is now over. Renting, like so many other parts of the economy, will become the domain of larger corporations. And we will all lose because of it.It also means that real estate is over as an investment. All it really was was a shield against currency debasement, but those days are now behind us.Similarly, the door is now open for local authorities to charge a visitor levy. This tourist tax will start small and then rise, like every other tax in history. We already have the tax on moving that is stamp duty, now we have this. If you tax movement, people will move less. If you have no movement, you have no growth. It really isn't that difficult.They do not seem to understand that capital flows to where it is welcome. If you tax it, it will not come; it will go. What is the golden rule of the magnum opus? More taxes or higher rates do not equal greater revenue. But the reverse.We are now, as you know, taxed at the highest rate since the Second World War. What is the money going on? You don't need me to tell you how much is being spaffed. Waste, fraud, incompetence, misallocation. Government is the most inefficient means of spending money there is. As if to prove my point, they couldn't even make the announcement about how they're going to spend your money competently. They've spent the last few months leaking stuff. Leaking is a tool of government, so when it backfires, at least we have some karma. Meanwhile, the source of the leak, the OBR, rarely if ever gets a prediction right. How much is being drained from the productive to fund that thing? How many bad choices are made as a result of its utterances?The state is already disproportionately large and it is only going to get bigger Where do the salaries of those who work for the state come from? The ever-decreasing sector of the economy that actually builds wealth. Even if you are providing some essential state service and are being well paid to do it, you are still a dependent, because it is the shrinking part of the economy that actually builds wealth that is the ultimate source of your wages.Millionaires and billionaires, assuming they haven't made their wealth through crony capitalism or government subsidy, are not the problem - they are the solution. We want to attract them here, not frighten them away. They create employment. Our lives are better for likes of Jeff Bezos and Elon Musk, not worse. The same goes for investment, profit, saving, trade, growth. We want to attract them not deter them.The opposite applies to deficit spending, money printing, currency debasement, suppressed interest rates, high taxes, tax traps, welfare, dependency, regulation and bureaucracy. You want to deter them not attract them. Yet I am afraid all we are doing is the latter.If you pay people to be unproductive, you will get more unproductive people. If you tax people who are productive, you will get fewer productive people. What is so hard to understand?We can rant and rave. It won't do any good. This is the path we are on. We are following the template of South Africa. (It was actually me that coined the term “the South Africanisation of everything”, something I am quite proud of). We keep thinking that things can't get any worse. But they can and will. It is gradual and incremental. We are frogs being boiled while suffering water torture. The country is going to get even more socialist. All you can do is look after yourself and your family.If you are young and reading this, the best thing you can do is leave, as so many are already doing. It is just so hard to build a future for yourself when you are so heavily taxed, and then the money you are paid in is being debased. Leave, travel the world, have adventures, learn, become a Sovereign Individual. The world is a big place. There are better futures to be had elsewhere.It's all happening just as I said it would in Daylight Robbery, by the way, even the mileage taxMany of us, however, because of our circumstances, do not have the option to leave.So what to do?Real estate, as already mentioned, is now dead as an investment. It's too easy a target for taxes. UK companies are going to find life that much harder - the rising minimum wage will reduce employment (and thus increase the burden of dependents). It's also going to mean higher costs for you as this tweet demonstratesIf companies do well, they will face further taxes. Dividend taxes are a deterrent too. We are not quite at the point where UK companies are un-investible (in fact there is a wall of US capital that wants to buy the UK), but the foundations are not exactly enticing.The one compensation for saving in fiat was interest, but taxes here are going to go up too. So cash is crapAs we have long argued on these pages, you need to park capital where governments can't touch it, tax it or debase it. The best forms of non-government money are gold, if you want something physical, and bitcoin, if you prefer something digital.We are not yet at the point where they try to tax or confiscate your gold and bitcoin, but we are on the trajectory I'm sorry to say.All those horrible bitcoiners crowing about how much money they've made - do you honestly think taxing or confiscation of bitcoin won't meet with public approval? You're just another one of those loathsome rich people creating inequality.It's coming, but we are not there yet.Bitcoin is in one of its down seasons. But it is still the best performing asset class of the last 15 years. And if you don't like it, fine, own gold instead. There is plenty more gas in that particular tank.Reeves may have staved off a tantrum in the gilt markets, and a resulting fall in the pound, but she has created an even bigger problem for her successors.We need fewer taxes, lower taxes and simpler taxes. It all starts there. Reeves has chosen a path in the opposite direction, the road more travelled. And it takes us further along the road to serfdom. If you live in the Third World Country such as the UK, I urge you to own gold or silver. The bullion dealer I recommend is The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, the US, Canada and Europe or you can store your gold with them. More here.Sunday's thought piece has become the most viewed piece in this Substack's history. Take a look, in case you missed it:Until next time,Dominic This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe
As Budget days go, today was unprecedented. The complete list of measures announced by Rachel Reeves – along with their costings and economic impacts – was leaked by the Office for Budget Responsibility (OBR) an hour before the Chancellor took to her feet. The OBR apologised and called it a ‘technical error'.The headline is tax hikes to the tune of £26 billion, income tax thresholds will be frozen again and the tax burden will hit a record high at 38 per cent of GDP. Was this the most farcical Budget in history?Michael Simmons speaks to James Heale and Tim Shipman.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: podcast@spectator.co.uk Hosted on Acast. See acast.com/privacy for more information.
The OBR may have mistakenly released Reeves' budget too early, but it was just in time for Prime Minister's Questions. Hugo Rifkind unpacks the exchanges with The Times' Chief Political Correspondent Patrick Maguire. Hosted on Acast. See acast.com/privacy for more information.
This time last year, Rachel Reeves pledged that her tax raising Budget “wiped the slate clean” and would mean no more need for future tax raids. Today demonstrably proved what a hostage to fortune those comments were. As a result of the Chancellor's statement today - shambolically accidentally leaked by the OBR before she had got to her feet - the tax burden is due to reach an all time high by the end of the decade. Due to her tax threshold freezes, one in four workers will pay the higher rate of income tax by 2030. There were unmistakably Labour themes in this Budget too - a mansion tax, the end of the two child benefit cap, betting firms also hit with further taxes. But is her calculation the right one? Will the voters stomach tax rises to pay for public services a ballooning welfare state? Or was this about securing her position in the party - if not the country? And what has happened to the Government's mission for growth?Jon and Lewis speak to Torsten Bell, the Treasury minister and so-called ‘mastermind' behind this Budget.The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/EXCLUSIVE NordVPN Deal -> https://nordvpn.com/thenewsagents Try it risk-free now with a 30-day money-back guarantee
In this episode of the Holyrood Sources podcast, hosts Calum MacDonald, Geoff Aberdein, and Andy Maciver are joined by Scottish Conservative MSP Maurice GoldenIn this episode, we chat about:
AJ Bell experts Charlene Young and Dan Coatsworth react to Rachel Reeves' autumn Budget in this special edition of the Money & Markets podcast. Financial markets were initially taken by surprise after the OBR report was leaked ahead of the chancellor's speech, and Dan explains why gilts and equities moved in a certain way. He also dives into the reasons why banking and gambling shares saw big moves. [31:24] There was big news for anyone who uses salary sacrifice to make pension contributions. Charlene explains how the system will change from 2029. [07:35] The taxman is going to take a bigger chunk of your dividends, savings and property income under new rules. Dan also explains how higher property income taxes might lead to higher rent on flats or houses. [10:35] The podcast team explore the changes in store for Cash ISAs [13:00] and why we might see the Lifetime ISA morph into something else. [14:30] Are you lucky enough to have a home worth more than £2 million? Brace yourself for higher taxes. [16:45] Dan argues that a stamp duty holding on shares in newly listed companies doesn't go far enough. [20:45]. He also explores the extra pressures being piled on small businesses. Charlene reveals some good news from the Budget around energy bills, rail fares and more. [23:53]. She finishes up with important news on frozen allowances [25:50].
As Business leaders gather for the CBI conference will the Chancellor be on their side? Sam and Anne consider whether Rachel Reeves could make this budget for business a “death by a thousand taxes.” Elsewhere, Sam has a scoop on the OBR's growth forecasts and how they could impact the budget. Plus, Anne has the behind the scenes take from the talks to end the war in Ukraine.
In this episode, Carl sits down with Stan Hays, co founder and CEO of Operation BBQ Relief, to talk about what it really looks like to feed people on the worst day of their lives. From the recent deployment to Jamaica after a massive hurricane to the emotional weight of serving their thirteen millionth meal, Stan shares the stories behind the numbers, including the moment a simple pulled pork sandwich became a symbol of love, humanity and hope.Joining the conversation in studio is champion pitmaster Tillman Lee Nelson III of Tillmans BBQ. Tillman rolls in with award winning brisket, his Perfect 200 rub and honest talk about the grind of the competition circuit, marriage on the road, barbecue family and why he still watches every face in the room when people take that first bite. Together, Stan and Tillman dig into why barbecue has such a deep emotional pull, how the barbecue community shows up for each other, and what it means to use food as a vehicle for comfort, connection and service.Key takeaways: • What it takes for Operation BBQ Relief to activate in places like Jamaica and why safety, dignity and cultural respect matter as much as the food. • How a pulled pork sandwich, a parking lot and one stranger's gratitude helped Stan find his “why” and changed how he sees the work forever. • Why competitive barbecue is a family sport for Tillman, how his wife Amy became the real secret weapon, and why the barbecue community feels like a second family. • Simple ways listeners can get involved, from volunteering with OBR at OBR.org to supporting the people doing the cooking in their own communities.About Walk-In Talk Podcast and Walk In Talk Media:Walk-In Talk Podcast is hosted by food industry veteran and storyteller Carl Fiadini, shining a light on the flavor, the hustle and the heart of the industry. Walk-In Talk is the official podcast for the New York, California and Florida Restaurant Shows and the Pizza Tomorrow Summit, and the on-site media partner for the US Culinary Open at the NAFEM Show. Walk In Talk Media is also the North American media platform for The Burnt Chef Project and regularly supports cause driven partners like Operation BBQ Relief and Hogs for the Cause. Recorded at Ibis Images Studios, where food photography comes alive and Carl gets the first bite. Learn more at thewalkintalk.com.Mentioned in this episode:Aussie Select - Fully cooked, premium Australian lambFully cooked, premium Australian lamb—ready to serve and packed with clean flavor.RAK Porcelain USA -Tableware We use RAK for all in-studio tableware—clean, durable, and designed for chefs. Metro Foodservice Solutions Kitchen and back-of-house systems for better flow and function.Citrus America Citrus America – Commercial-grade juicing systems built for speed and yield.
The Chancellor, Rachel Reeves has been widely trailing this month's budget and the difficult decisions she'll have to make in just under two weeks time. This is being taken as code for tax rises and a possible break in Labour's manifesto pledge with a rise in income tax. She's said one of the key reasons for this is that the government's official forecaster, the Office for Budget Responsibility or OBR, is likely to lower its UK productivity growth forecast for the coming years. So why is UK productivity a problem and what can be done to improve it? Guests: Chris Giles, Economics Commentator, The Financial Times Helen Miller, Director, Institute for Fiscal Studies Duncan Weldon, economist and author Greg Thwaites, Research Director, Resolution Foundation.Presenter: David Aaronovitch Producers: Caroline Bayley, Cordelia Hemming, Kirsteen Knight Production co-ordinator: Maria Ogundele Sound engineers: Rod Farguhar and James Beard Editor: Richard Vadon
With a month to go until the Budget, chancellor Rachel Reeves needs to find a projected £30bn to balance the books. And the forecasts are not in her favour, with the OBR's bigger than expected productivity downgrade dealing another blow to the Treasury this week. So where will the chancellor find the money – and if Labour have no choice but to break their manifesto tax pledge, where will that leave them with the electorate? Host George Parker is joined by associate editor and columnist Stephen Bush, chief UK commentator Robert Shrimsley and the FT's economics editor Sam Fleming.Follow George: @georgewparker.bsky.social, @GeorgeWParker; Stephen at @stephenkb and Robert @robertshrimsley.bsky.social Want more? Reeves faces £20bn hit to public finances from productivity downgrade Keir Starmer puts Labour MPs on notice for Budget tax rises Starmer refuses to stand by manifesto tax pledge Letting agent admits mistake in Reeves' rental tax rowSign up here for Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek analysis. Get 30 days free.Plus, the FT is hosting a live webinar on November 28 on what the UK Budget will mean for your money. You can put questions to FT journalists Claer Barrett, Stuart Kirk, Tej Parikh and special guest, tax expert Dan Neidle. Get your free pass now at ft.com/budgetwebinar. Our email address is politicalfix@ft.comPolitical Fix was presented by George Parker and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The video engineers are Bianca Wakeman and Petros Gioumpasis. The FT's acting co-head of audio is Manuela Saragosa.Clip from BBC Hosted on Acast. See acast.com/privacy for more information.
With the Autumn Budget looming, this week The Rundown takes a look at one of the key players in shaping the government's fiscal policy, but one that we know little about. The forecast on the future health of the British economy delivered to Rachel Reeves by the Office for Budget Responsibility will have more impact on shaping what the Chancellor announces next month than almost anything else, but who are the unelected panjandrums who sit on the independent body known as the OBR, how reliable are their economic estimations, and why do they hold so much sway over the Treasury?Joining host Alain Tolhurst to discuss whether the OBR really runs Britain, and if it needs reform, or perhaps abolition all together as some have suggested, is the Conservative former Chancellor Jeremy Hunt, and Ben Zaranko, associate director at the think tank the Institute for Fiscal Studies, and Jeevun Sandher, a Labour MP and former member of the Treasury Select Committee.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
In the latest episode our team discuss three pressing issues, including the state of the civil service and government concern that the machine is not fit for purpose. Plus, the OBR. Has the government put too much faith in the pronouncements of the Office for Budget Responsibility? Is this approach crippling British policymaking? And Tim, Steve and Iain assess the quality of today's MPs. Has there been a decline and if so why? Hosted on Acast. See acast.com/privacy for more information.
There are reports that the OBR will downgrade Britain's productivity growth forecasts, increasing the size of the black hole facing the Chancellor at the end of the month. This continues the spate of bad news for the Chancellor on the economy – but can we trust the figures? James Heale and Michael Simmons join Patrick Gibbons to talk about what this means ahead of the budget, whether anger over the money wasted on asylum hotels can be linked to the cost-of-living crisis and what Rachel Reeves is doing in Saudi Arabia this week.Plus: is a debate over the customs union really what Britain wants right now?Produced by Patrick Gibbons.Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.For more Spectator podcasts, go to spectator.co.uk/podcasts.Contact us: podcast@spectator.co.uk Hosted on Acast. See acast.com/privacy for more information.
What's happening behind the scenes as the Treasury and the Office for Budget Responsibility prepare for the 26 November Budget? Tom Bill is joined once again by Michael Brown from Pepperstone to share their insights.From the OBR's “observation window” to the Treasury's 11 Bloomberg terminals, Tom and Michael discuss how gilt yields, labour market data, and fiscal headroom are shaping Rachel Reeves' options — and what all of this means for property taxes, mortgage rates, and the housing market. Hosted on Acast. See acast.com/privacy for more information.
PMQs returns. Comedian Elliot Steel joins Ava and Laura to break it down in real time.Much has been amiss in Westminster of late. In Rachel Reeves' first interview since seeing a draft of the OBR's report revealing he size of the fiscal black hole she has to fill, she confirmed she'd be looking at both tax hikes and spending cuts in the Autumn budget. Also, hear Kemi Badenoch grill Starmer on the Chinese spy scandal, a case that the Tories insist Labour dropped to appease Beijing and not discourage their investment. Hosted on Acast. See acast.com/privacy for more information.
The Chancellor tells Sam – on the record – that she is considering tax rises and spending cuts ahead of a critical autumn budget. In an exclusive interview – her first since being briefed by the OBR on the size of the black hole – Rachel Reeves discusses whether there is a way out or if she's stuck in a ‘doom loop'. As she meets with economic leaders at the IMF in Washington – the duo consider the political ramifications and options on the table for her to plug the £20-30 billion gap in the public finances.
Today, Russia has reacted to comments from Donald Trump claiming that Russia is a “paper tiger”, whose weak economy leaves them exposed to a Ukrainian counter offensive retaking all of their lost territory. It's a huge shift from the president, but how seriously can we take his words? Catriona Perry and Vitaly Shevchenko join Adam to answer that question, and more.Plus, Faisal Islam is in the studio to tell us about a big news story that's coming down the track; an OBR forecast on productivity that could prove to be a great big thorn in the side of the government ahead of the November budget.You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can take part in the Newscast census here - https://bbc.in/newscastcensusYou can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscordGet in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Rufus Gray with Anna Haris and Shiler Mahmoudi. The social producer was Beth Chalmers. The technical producer was Jonny Baker. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.