Political Fix

Fresh revelations about Peter Mandelson’s relationship with the convicted sex offender Jeffrey Epstein have sparked a political explosion in Westminster, reopening questions about Keir Starmer’s decision to return him to the heart of public life. Mandelson, the former UK ambassador to Washington, has resigned from the House of Lords and from the Labour Party, while a criminal investigation has been launched into allegations that he shared sensitive information with Epstein during his time as business secretary under Gordon Brown. Starmer has apologised for appointing Mandelson and pledged to publish the files relating to his vetting for the ambassadorship, but with pressure growing on his leadership, how can the prime minister and the Labour Party hope to move on? Host Lucy Fisher is joined by Jim Pickard, Stephen Bush and Ashley Armstrong to discuss the fallout. Follow the panel on Bluesky - Lucy @lucyfisher.ft.com; Jim @pickardje.bsky.social; and Stephen @stephenkb.bsky.social Want more? Free links: Keir Starmer apologises to victims of Jeffrey Epstein Pressure grows on Keir Starmer’s chief of staff over Peter Mandelson ambassador appointment Every doomed prime minister has a moment – this is Starmer’s Mandelson and the money that never sleeps Peter Mandelson leaked sensitive UK government tax plans to Jeffrey Epstein George Parker’s interview from 2025 – Peter Mandelson’s back: The Prince of Darkness returns Sign 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. Presented by Lucy Fisher, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT’s global head of audio is Cheryl Brumley. What did you think of this episode? Let us know at politicalfix@ft.com Hosted on Acast. See acast.com/privacy for more information.

Sir Keir Starmer is 5,000 miles away in China, meeting President Xi Jinping to drum up investment and deepen relations, but back on the home front the PM’s leadership looks increasingly beset. Manchester mayor Andy Burnham’s ambitions may have been thwarted for now, but the plotting continues in rival contenders’ camps. In a bid to wrestle back control of the agenda, the government is pressing on with fresh policy announcements. Meanwhile, the Tories have seen more MP defections to Reform, as senior centrist figures seek to drag the Conservatives away from the right. Host Lucy Fisher is joined by Political Fix regulars Jim Pickard, Jennifer Williams and Robert Shrimsley – plus George Parker is on the ground in Shanghai. Follow Lucy: @lucyfisher.ft.com or @LOS_Fisher; George: @georgewparker.bsky.social, or @GeorgeWParker; Robert: @robertshrimsley.bsky.social or @robertshrimsley, Jim: @pickardje.bsky.social or @PickardJE and Jennifer: @jenwilliamsft.bsky.social or @JenWilliamsMEN Want more? Donald Trump warns Keir Starmer against closer business ties with China China rolls out the red carpet for Keir Starmer Government plans to tighten scrutiny of Chinese influence in UK The prisoner of Downing Street Labour triggers early by-election to limit fallout from Andy Burnham row Reform UK picks Matt Goodwin for Gorton and Denton by-election UK government caps ground rents paid to freeholders Sign 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. Political Fix is presented by Lucy Fisher. The producer is Clare Williamson and the executive producer is Flo Phillips. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley. Our email address is politicalfix@ft.com Clip from: Reuters Hosted on Acast. See acast.com/privacy for more information.

From ‘brilliant ally’ to ‘weak and stupid’ within the same paragraph, it’s hard to know how to handle the impulsive outbursts from America’s 47th President. And yet, this is the position in which the British prime minister found himself this week as he stood firm in the face of Donald Trump’s threats to Greenland. Some back channel diplomacy in Davos helped put US European relations back on an even keel but it’s clear the so-called ‘special relationship’ is under strain. So where does Keir Starmer turn now? Does he stick with the decades-old transatlantic alliance, does he push for more European integration, or does he look further afield to China? To discuss this and more, political editor George Parker is joined by Whitehall editor Lucy Fisher, columnist and writer of the ‘Inside Politics’ newsletter Stephen Bush, and the FT’s foreign editor Alec Russell. Follow: George on X @GeorgeWParker or Bluesky: @georgewparker.bsky.social, Lucy @LOS_Fisher or @lucyfisher.ft.com; Stephen: @stephenkb @stephenkb.bsky.social & Alec Russel on X:https://x.com/alecurussell Want more? UK ‘will not yield’ on Greenland, Keir Starmer warns Donald Trump Trump’s Davos rant should alarm Starmer ‘Thank you Tony’: Blair’s ‘Board of Peace’ role prompts Trump praise and Westminster anger Westminster ‘riding it out’ is not a strategy for UK-US relations Flatter or confront? How world leaders are dealing with Trump And sign up here for Stephen'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 Political Fix was presented by George Parker and produced by Clare Williamson. Flo Phillips is the executive producer. Sound engineering by Breen Turner. Cheryl Brumley is the FT’s global head of audio. Clip from Channel 4 What did you think of this episode? Let us know at: politicalfix@ft.com Hosted on Acast. See acast.com/privacy for more information.

Just five days after discussing strategy with Conservative leader Kemi Badenoch, shadow justice secretary Robert Jenrick was sacked for plotting a defection to Reform UK. Jenrick appeared at Nigel Farage's side only a few hours later, branding his former party as "rotten". Did Kemi Badenoch’s decisive action make her look strong, or did she jump the gun? How long had Jenrick, a former Tory leadership contender, been planning his exit to the right? And does this add yet more fuel to Farage’s claims that the Conservative Party’s days are numbered? Deputy opinion editor Miranda Green hosts a discussion about the ‘psychodrama’ that has rocked Westminster this week with the FT’s deputy political editor Jim Pickard, columnist and writer of the ‘Inside Politics’ newsletter Stephen Bush, and FT’s chief political commentator Robert Shrimsley. Want more? Follow Miranda, Jim, Stephen & Robert Betrayal, plots and a mole who derailed Jenrick’s defection to Reform Robert Jenrick joins Reform UK after being sacked from Tory shadow cabinet Jenrick’s sacking is both threat and opportunity for Badenoch Lunch with the FT Robert Jenrick: ‘I’m unashamedly provincial in my attitudes’ Latest U-turn raises renewed questions over Keir Starmer’s judgment And sign up here for Stephen'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 Political Fix was presented by Miranda Green, and produced by Julia Webster. Flo Phillips is the executive producer. Sound engineering by Breen Turner. Cheryl Brumley is the FT’s global head of audio. Clips from BBC, X What did you think of this episode? Let us know at: politicalfix@ft.com Hosted on Acast. See acast.com/privacy for more information.

Prime Minister Sir Keir Starmer had wanted to kick off the new year with a strong domestic start, tackling the cost of living crisis head on, in the hopes of improving his dire poll ratings. Instead, he has found himself firefighting on the international front, trying to navigate Donald Trump’s foreign policy frenzy. How will Starmer manage his ‘special relationship’ with the US president in light of recent events? Where do Trump’s latest actions leave Nato, especially with regard to Ukraine? And what does all this global uncertainty mean for the Labour leader’s agenda at home? Host George Parker discusses the balancing act facing the government with the FT’s deputy opinion editor Miranda Green, chief political commentator Robert Shrimsley and acting Whitehall correspondent David Sheppard. Follow George, Miranda, Robert & David Want more? Strategic supplication is Europe’s only Trump policy France and UK commit to deploying troops under proposed Ukraine peace deal UK armed forces warn of £28bn defence funding shortfall Greenland’s future must be decided by island and Denmark, Starmer warns Trump ‘Not in my name’: Labour’s new towns battle And sign 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. Political Fix was presented by George Parker, and produced by Lulu Smyth and Julia Webster. Flo Phillips is the executive producer. Sound engineering by Simon Panayi. Manuela Saragosa is the FT’s acting co-head of audio. What did you think of this episode? Let us know at politicalfix@ft.com Clip from UK Parliament Hosted on Acast. See acast.com/privacy for more information.

Imagine a graph with one line going up over time. Below it, another line does just the opposite. It kind of looks like the letter K. On the FT's Swamp Notes podcast, Claire Jones and Rob Armstrong break down why people are saying that letter represents the state of the economy and what it means for the White House. Mentioned in this podcast: Does the K-shaped economy theory even make sense? Email Marc with your questions (Marc.Filippino@FT.com) Sign up for the FT’s Swamp Notes newsletter here This is a repeat of an episode published on Swamp Notes, a sister podcast of Political Fix, on Nov. 28, 2025. Follow the Swamp Notes podcast to hear more. Swamp Notes is hosted by Marc Filippino, and produced by Henry Larson. This week’s show was mixed by Sam Giovinco. The FT’s acting co- head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. The FT does not use generative AI to voice its podcasts. CREDIT: Bloomberg, PBS, CNN Hosted on Acast. See acast.com/privacy for more information.

Can you name all the Labour frontbenchers who resigned or were sacked during the past year? Why was Peter Mandelson delayed from returning to the UK after being sacked as US ambassador? And who will be crowned Political Fix’s Wonk-in-Chief? Find out as host George Parker puts the entire podcast panel - Miranda Green, Stephen Bush, Robert Shrimsley, Jim Pickard and Anna Gross - through their paces in this big, fat, fiendishly difficult end-of-year quiz. The panellists also highlight their most memorable moment of 2025 and unveil their wildest predictions for the year ahead. Plus, discover who scooped all the chocolate coins in the studio to win the annual Political Fix stockpicks portfolio prize. Political Fix has been nominated for a People’s Choice Award at the Political Podcast Awards. Vote for us here. Follow the panel on Bluesky - George @georgewparker.bsky.social; Miranda @greenmirandahere.bsky.social; Jim @pickardje.bsky.social; Robert @robertshrimsley.bsky.social and Stephen @stephenkb.bsky.social Political Fix is presented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT’s acting co-head of audio is Manuela Saragosa. Our video engineers are Bianca Wakeman and Andrew Georgiades. What did you think of this episode and Political Fix this year? Let us know at politicalfix@ft.com Hosted on Acast. See acast.com/privacy for more information.

It’s been another turbulent year in politics. Prime Minister Keir Starmer has faced down rebellions from within his own party, overseen scandals and sackings, and delivered a constant barrage of bad news from health and housing to small boats and the Budget. He’s fared a little better on the world stage – with successful state visits, securing a comparatively competitive trade deal with Trump, as well as a tentative rapprochement with Europe. But with every international success, Starmer’s standing domestically seems to diminish: he ends the year, on some measures, as the most unpopular PM ever. In this special live episode of Political Fix, host George Parker is joined by Anna Gross, Stephen Bush and Chris Giles to analyse how the Labour party got here – and where it goes next. Follow George on @georgewparker.bsky.social; Stephen on @stephenkb.bsky.social; and Chris on @chrisgiles.ft.com Political Fix has been nominated for a People’s Choice Award at the Political Podcast Awards. Vote for us here. Want more? Free links: Return to EU customs union would ‘unravel’ UK trade deals, Starmer warns Inside Politics: Neither Keir Starmer nor Kemi Badenoch wants to reverse Brexit Nigel Farage rejects allegations of teenage racist abuse Wes Streeting calls for better ‘storytelling’ from Starmer’s ‘technocratic’ government Chris Giles: Why UK borrowing costs are so high George and Anna’s FT scoop on Labour’s tax U-turn Sign up to Stephen's morning newsletter Inside Politics here, and to Chris’ newsletter on Central Banks here. Presented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. Our broadcast engineers this week were Bianca Wakeman, Petros Gioumpasis and Andrew Georgiades. The FT’s acting co-head of audio is Manuela Saragosa. What did you think of this episode? Let us know at politicalfix@ft.com Hosted on Acast. See acast.com/privacy for more information.

Sir Keir Starmer started the week with not one but two speeches defending his party’s Budget decisions in the wake of claims that chancellor Rachel Reeves had misled the public and fellow MPs about the state of the nation’s finances. Was his sell convincing? The prime minister also brought up Brexit, but as panellist Robert Shrimsley points out, Starmer was characteristically unclear as to whether the Labour party was ultimately leaning into or out of the EU. Plus, host George Parker and the rest of the panel, Miranda Green and Jim Pickard, discuss the FT report that Nigel Farage told Reform UK donors he expects his party to do some sort of deal with the Tories in the run-up to the next general election — potentially helped by the single biggest donation any UK political party has had from a living donor. Follow George on Bluesky @georgewparker.bsky.social; Miranda @greenmirandahere.bsky.social; Jim @pickardje.bsky.social; Robert @robertshrimsley.bsky.social Want more? Free links: Nigel Farage tells donors he expects Reform UK will do an election deal with the Tories Head of UK fiscal watchdog quits after Budget leak UK government orders review into rising diagnoses of mental health conditions Janan Ganesh: The rise of unpopular populism UK envoy to Moscow enters race to be the next ambassador Political Fix will go live next week on Wednesday 10 December at 1.15pm. If you don’t want to wait for it to drop in this feed on Friday, register here. Sign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter. Get 30 days free at https://www.ft.com/InsidePoliticsOffer. For details about FLIC, the FT’s Financial Literacy and Inclusion Campaign, read more about it here or click here and to donate, click here. Presented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT’s acting co-head of audio is Manuela Saragosa. What did you think of this episode? Let us know at politicalfix@ft.com Hosted on Acast. See acast.com/privacy for more information.

It’s been a rollercoaster week for both UK politics and our personal finances, with chancellor Rachel Reeves setting out tens of billions of pounds of tax rises in the Budget. But how will these new taxes be applied and what could they cost you? In a Money Clinic podcast recorded live at the FT, host and consumer editor Claer Barrett is joined by Dan Neidle, the founder of Tax Policy Associates; Stuart Kirk, the FT’s investment columnist; and Tej Parikh, the FT’s economics leader writer, to field questions from readers and listeners. They cover everything from what the Budget means for people investing in UK markets, the new rules on pensions and salary sacrifice, how to stay under the £100,000 threshold for childcare support and much more. To find out how much the five-year freeze to tax thresholds could cost you, find a free link to the FT’s Budget stealth tax calculator here Claer’s Budget column: A horrid Budget for ‘Henrys’ Salary sacrifice shake-up: what it means for staff and employers Follow Claer on social media @Claerb This episode was made available with thanks to FLIC, the FT’s Financial Literacy and Inclusion Campaign. For details about the campaign, read more about it here or click here and to donate, click here. Hosted on Acast. See acast.com/privacy for more information.

After months of speculation, predictions and U-turns, Rachel Reeves finally announced her Budget this week. And, symptomatic of the chaos this Budget has wrought, there was one final twist: the entire Budget appeared on the Office for Budget Responsibility's website 45 minutes before the chancellor was set to give her speech. It sent the media and the markets into a spin…the key takeaway: a historic tax rise achieved without officially breaking the government’s manifesto promise. So what are the crucial implications of this Budget? Who are the winners and losers? And what is the political fallout for Labour? Host George Parker is joined by economics editor Sam Fleming, markets columnist Katie Martin and politics columnist Stephen Bush to break down this long-awaited Budget. Follow George on Bluesky or X: @georgewparker.bsky.social, @GeorgeWParker; Stephen @stephenkb.bsky.social‬, @stephenkb; and Katie @katie0martin.ft.com What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Rachel Reeves’ Budget raises UK taxes to all-time high ‘Spend now, pay later’: Rachel Reeves’ Budget delays the fiscal pain Reeves’ Budget fails her own 3 claims Rachel Reeves’ gambit The four audiences Reeves’ ‘high-wire’ Budget must satisfy If you want to find out what the budget means for your personal finance, check out a special episode of the FT's Money Clinic podcast, wherever you get your podcasts. Sign up here for 30 days free of Stephen ‘Inside Politics’ newsletter. You can listen to Katie on Unhedged here, or search ‘Unhedged’ wherever you listen. To sign up for free to the new FT Alphaville newsletter on Substack, go to ftav.substack.com Political Fix is presented by George Parker, and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT’s acting co-head of audio is Manuela Saragosa. Hosted on Acast. See acast.com/privacy for more information.

Investors are spending billions of dollars on novel ways to extend human life through inventive treatments, therapies, and even manipulating our genes. And increasingly, it seems as though anti-ageing efforts have moved from the super rich to a mass market consumer industry. In this series, we’re covering the past, present and future of the longevity movement. We’ll be looking at where the fixation on longevity is coming from, and trying to understand the practical and ethical issues at the heart of this cutting-edge field of research. From Silicon Valley fantasies, to Singaporean health spas, to Colombian genetic clinics and beyond, the FT’s Hannah Kuchler and Michael Peel ask whether breakthroughs in science and technology can really help us live longer, and even stop us aging altogether. Free to read: US ‘wellness’ industry scents opportunity to go mainstream The quest to make young blood into a drug This season of Tech Tonic was produced by Josh Gabert-Doyon. The senior producer is Edwin Lane. Flo Phillips is the executive producer. Sound design by Breen Turner and Samantha Giovinco. Fact checking by Simon Greaves, Lucy Baldwin and Tara Cromie. Original music by Metaphor Music. Manuela Saragosa is the FT’s acting co-head of audio. The FT does not use generative AI to voice its podcasts. Hosted on Acast. See acast.com/privacy for more information.

Home secretary Shabana Mahmood announced a tough set of measures overhauling immigration policy this week, in a bid to deter illegal boat crossings and tackle the thorny issue of asylum seekers that dominates the news agenda. But how did the announcement go down with a divided Labour party? And, just days away from the Budget, chancellor Rachel Reeves is under huge pressure after a series of U-turns and leaks on taxation policy. Host George Parker discusses whether anything can be done to reverse the fortunes of the government with the FT’s deputy opinion editor Miranda Green, political columnist and writer of the Inside Politics newsletter Stephen Bush, and Whitehall correspondent David Sheppard. Follow George on Bluesky @georgewparker.bsky.social; Stephen @stephenkb.bsky.social; Miranda @greenmirandahere.bsky.social; David @oilsheppard.bsky.social What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: Labour needs a way out of the infernal circle of immigration policy Why the small boats won’t stop High earners to be eligible for UK settlement within 3 years of arrival UK asylum seekers face seizure of jewellery to pay for accommodation Rachel Reeves’ gambit Covid response of ‘toxic’ UK government was ‘too little, too late’, inquiry finds To sign up for free to the new FT Alphaville newsletter on Substack, go to ftav.substack.com 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 pass now at ft.com/budgetwebinar. Sign up to Stephen's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOffer. To sign up for free to the new FT Alphaville newsletter on substack, go to ftav.substack.com Presented by George Parker, and produced by Lulu Smyth and Clare Williamson. The executive producer is Flo Phillips. Original music by Breen Turner, mix by Odinn Inigbergsson. The FT’s acting co-head of audio is Manuela Saragosa. Clips from BBC Hosted on Acast. See acast.com/privacy for more information.

It has been a whirlwind week in Westminster with the BBC in crisis and a supposed challenge to the prime minister’s leadership. So, was there a putative coup from within Keir Starmer’s own cabinet? Is there a “toxic culture” in Downing Street? Plus: the panel’s take on the runners and riders for the top job at the national broadcaster. Host George Parker is joined by Anna Gross, Stephen Bush and Jim Pickard to discuss. This episode was recorded before the FT broke the story about the chancellor scrapping proposals to raise income tax. Read the article here: Starmer and Reeves drop proposal to increase income tax rates in Budget Plus, stay tuned for our panel discussion next week ahead of the Budget on November 26. Follow George @georgewparker.bsky.social; Jim @pickardje.bsky.social and Stephen @stephenkb.bsky.social Want more? Self-inflicted leadership crisis unites factions against Starmer ‘He’s played a blinder’: How Wes Streeting won the week Brain-dead Labour retreats to its comfort zone: campaigning Who will be the next director-general of the BBC? And sign 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.com Political Fix was presented by George Parker and produced by Lulu Smyth. The executive producer is Flo Phillips. Original music by Breen Turner, mix by Odinn Ingibergsson. The video engineers are Petros Gioumpasis and Andrew Georgiades. 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 just three weeks to go until the Budget, Rachel Reeves gave a surprise speech to reset expectations on who she’s planning to hit with more taxes on November 26. This has fuelled further speculation about whether the government's central manifesto pledge to not raise income tax rates is now doomed. Host Miranda Green is joined by FT colleagues Jim Pickard, Sam Fleming and Katie Martin to discuss the chancellor’s options: a pick’n’mix of tax rises or breaking a central pledge to the electorate. What then happens to the Labour government’s credibility, and how are the markets likely to react? Plus: can Reform become fiscally respectable? Follow Miranda @greenmirandahere.bsky.social; Jim @pickardje.bsky.social; and Katie @katie0martin.ft.com Want more? What are Rachel Reeves’ tax options in the Budget? Bond markets are winning the Budget stand-off Robert Shrimsley: The inescapable logic of Labour’s choices Inside Politics: Why Rachel Reeves won’t raise income tax Paywalled: End of The Line: how Saudi Arabia’s Neom dream unravelled Sign 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.com Political Fix was presented by Miranda Green 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 Andrew Georgiades. The FT’s acting co-head of audio is Manuela Saragosa. Clip from ITV Hosted on Acast. See acast.com/privacy for more information.

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 row Sign 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.com Political 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.

Chancellor Rachel Reeves received a rare bit of good news from lower inflation statistics this week, which could reduce government borrowing ahead of the November Budget. But the uphill struggle to improve Labour’s standing in the polls continues after a drubbing in Caerphilly, the embarrassing failure of the one-in-one-out migrant policy and the chaotic start to the grooming gang inquiry. Host George Parker is on hand to dissect the week along with deputy political editor Jim Pickard, UK chief political commentator Robert Shrimsley and the FT’s northern England correspondent Jennifer Williams. Plus, is the King getting poor advice from the PM over Prince Andrew in the wake of further damaging revelations about the prince’s links to Jeffrey Epstein? Follow George on Bluesky or X: @georgewparker.bsky.social, @GeorgeWParker; Robert: @robertshrimsley or @robertshrimsley.bsky.social; Jen on X @JenWilliamsMEN and Jim on X @PickardJE Want more? Labour suffers seismic by-election defeat to Plaid Cymru in Caerphilly UK borrowing costs fall in boost for Rachel Reeves Reeves vows to clear way for BoE rate cuts with cost of living pledge Grooming gang victims call for minister to resign A defining crisis for Britain’s royals Britain’s flawed support for Jaguar Land Rover Clips from: Sky & Parliament Live TV Sign 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. Get 30 days free. Our email address is politicalfix@ft.com Presented by George Parker. Produced by Clare Williamson. The executive producer is Flo Phillips. Audio mix and original music by Breen Turner. The FT’s acting head of audio is Manuela Saragosa. Hosted on Acast. See acast.com/privacy for more information.

The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the 26 November deadline. This week, she was in Washington DC for the annual meeting of the International Monetary Fund, where she hinted at tax rises for the rich, while pinning some blame for Britain’s economic problems on her predecessors. The British public is not likely to love the Chancellor’s efforts to fill the projected £22 billion hole, but who will they hold responsible? Host George Parker is joined by deputy opinion editor Miranda Green, associate editor and columnist Stephen Bush, and the FT’s economics commentator Chris Giles for a deep dive into the UK’s public finances, and to explain why the China spy case roiling Westminster is all about economics. Follow George on: @georgewparker.bsky.social or @GeorgeWParker; Chris on @chrisgiles.ft.com or @ChrisGiles_; Stephen on @stephenkb and Miranda on @greenmirandahere.bsky.social or @greenmiranda Want more? Clear visions for tax reform exist — Reeves just needs to back one How Brexit drained the Tories’ talent pool No need for a moral panic about the welfare system Letter: Only a strong economy can address Britain’s worklessness crisis Rachel Reeves suggests spending cuts and tax rises on way Join Chris Giles and FT colleagues Katie Martin and Claire Jones in conversation with former Fed vice-chair Lael Brainard and Fidelity’s Salman Ahmed on October 23 1200 GMT for an exclusive subscriber webinar Markets on edge: central banks, bonds and the risks ahead. Register now and put your questions directly to the panel at ft.com/edge And click here to sign up for Chris Giles’ newsletter on Central Banks. Plus sign 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. Get 30 days free. Our email address is politicalfix@ft.com Political Fix was presented by George Parker and produced by Ethan Plotkin. The executive producer is Flo Phillips. Original music and mix by Breen Turner. The FT’s acting co-head of audio is Manuela Saragosa. Clip from Sky News Hosted on Acast. See acast.com/privacy for more information.

Introducing Toxic Legacy, a new season of Untold from the Financial Times. Host Laura Hughes uncovers a lead poisoning epidemic across the UK. You might be living with lead and not know it: the toxin is often invisible to the human eye, but wreaks havoc on our bodies once we’re exposed. The first episode of Untold: Toxic Legacy launches October 22. Listen on Apple Podcasts, Spotify, Pocket Casts or wherever you get your podcasts. For information on how to live safely with lead, please visit the LEAPP Alliance website. Hosted on Acast. See acast.com/privacy for more information.

Conference season is over for another year and after a rousing speech from Conservative leader Kemi Badenoch to the party faithful, the Political Fix panel is asking: has she done enough to silence her critics and reverse the party’s slide into oblivion? And while recovering from a month on the road, your trusty Political Fixers mull over the performance of the other parties and what lies ahead as parliament reconvenes on Monday. Plus, more questions than answers about a Chinese spying case that collapsed before reaching court. Host George Parker, the FT’s political editor, is joined by UK chief political commentator Robert Shrimsley, Whitehall editor David Sheppard and deputy opinion editor Miranda Green. Follow George on X @GeorgeWParker or Bluesky: @georgewparker.bsky.social; David @oilsheppard.bsky.social; Robert @robertshrimsley.bsky.social; Miranda on X @greenmiranda What did you think of this episode? Let us know at politicalfix@ft.com Want more? Free links: The Conservatives’ long road back to credibility Kemi Badenoch pledges to scrap stamp duty on property Robert Jenrick says UK ministers should have power to pick judges The battle to dismantle Blair’s Britain Spying case collapsed after UK refused to label China a ‘threat’, prosecutors say Sign up to Stephen Bush's morning newsletter Inside Politics for straight-talking insight into the stories that matter, plus puns and tongue (mostly) in cheek. Get 30 days free at https://www.ft.com/InsidePoliticsOffer Presented by George Parker and produced by Clare Williamson with Lulu Smyth and Flo Phillips. The executive producer is Manuela Saragosa. Audio mix Jean-Marc Eck. Original music by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.