Turmoil in the bond markets has caused turbulence for Rachel Reeves this month, with grumbles about her performance – and that of the UK economy – growing louder. This week, Political Fix asks who’s in charge: the chancellor or the financial markets? Host Lucy Fisher is joined by regular panellists Robert Shrimsley and Stephen Bush, plus the FT’s markets columnist Katie Martin, to consider the difficult choices facing Reeves and any positive options available to her in the short term. Plus, the gang discuss the keynote speeches of Conservative leader Kemi Badenoch and Liberal Democrat leader Sir Ed Davey to kick off the new year this week.

Follow Lucy on Bluesky or X: @lucyfisher.bsky.social, @LOS_Fisher, Stephen @stephenkb, @stephenkb.bsky.social, Robert @robertshrimsley, @robertshrimsley.bsky.social, Katie @katie0martin.bsky.social

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UK government seeks to soothe bond market nerves after borrowing costs soar 

UK needs more than AI to escape its economic hole

Lib Dems chart a distinctive pro-European course

Kemi Badenoch’s ‘small state’ vision does not stack up

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Lulu Smyth. The executive producer is Manuela Saragosa. Original music by Breen Turner and mixed by Simon Panayi. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Elon Musk’s hostility towards the UK government, and Sir Keir Starmer in particular, continues to escalate – prompting concerns he’s been radicalised by his own algorithm. What’s driving the technology billionaire’s fixation with the UK? And are his interventions reframing political discourse – not just in Britain but in other European nations too? Political Fix delves into the X owner’s motivations and examines the impact his actions are having offline as well as online. Host Lucy Fisher is joined by regular panellists Miranda Green and Jim Pickard, plus Westminster correspondent Anna Gross and Washington correspondent Joe Miller who have broken scoops this week on Musk’s intent to meddle in British democracy and his social media influences. 

Follow Lucy on Bluesky or X, @lucyfisher.bsky.social, @LOS_Fisher, Jim @pickardje.bsky.social @PickardJE, Miranda @greenmirandahere.bsky.social, @greenmiranda, Anna @annasophiegross, @annasophiegross.bsky.social, Joe @JoeMillerJr, @joemillerjr.bskyb.social

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Musk examines how to oust Starmer as UK Prime Minister before next election

Why has Elon Musk reignited debate over the UK rape gangs scandal? 

Musk’s grooming onslaught shows how politics needs a new playbook 

Musk’s war on American allies

The Musk threat to European democracy 

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Lulu Smyth. The executive producer is Manuela Saragosa. Original music by Breen Turner and mixed by Simon Panayi. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

After a rocky start in office for Labour, the next 12 months will prove pivotal for the UK government. Sir Keir Starmer must grapple with dismal popularity ratings, tough public finances, anaemic growth forecasts and a string of challenging policy decisions. Opposition parties also face key tests. Can Tory leader Kemi Badenoch silence critics’ warnings about her low visibility and output, and can Reform UK’s Nigel Farage prove his party’s momentum is real and not mere mirage? Host Lucy Fisher is joined by FT colleagues Robert Shrimsley, Stephen Bush and Jim Pickard to gaze into their crystal balls and consider the year ahead. They discuss the coming local elections, the spectre of Westminster by-elections, the impact of Donald Trump’s return to the Oval Office and more.

Follow Lucy on X: @LOS_Fisher, Jim @PickardJE, Stephen @stephenkb and Robert @robertshrimsley 

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NHS, education, housebuilding… Labour’s progress so far and its plans for 2025 

Farage and why Kemi Badenoch does not have time to ‘watch this space’ 

UK heading for tax rises despite return to growth, economists say 

Keir Starmer promises year of ‘rebuilding’ for UK in 2025

Trump wants 5% Nato defence spending target, Europe told 

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Lulu Smyth. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Who threatened to launch an aquatic assault on the Dutch town of Leiden? And which political candidate pledged to force water bosses to take a dip in British rivers? Find out as host Lucy Fisher puts the full Political Fix panel – Robert Shrimsley, Jim Pickard, Stephen Bush, George Parker and Miranda Green – through their paces in a big, fat, end- of- year quiz. The panelists also highlight their most memorable moment of 2024 and unveil their wildest predictions for the year ahead. Plus, discover who scooped all the chocolate gold coins in the studio to win the annual Political Fix stockpicks portfolio prize. 

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Political donations: can Elon Musk become a major backer of Farage’s Reform UK?

Time for Keir Starmer to remember he is first lord of the Treasury

Follow Lucy on X @LOS_Fisher, Robert @Robertshrimsley, Jim @PickardJE, Miranda @greenmiranda, Stephen @stephenkb, George @GeorgeWParker

Sign up for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award: 

https://ft.com/insidepoliticsoffer

Presented by Lucy Fisher. Clare Williamson is the producer and the executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Reform UK is now beating Labour in one pollster’s survey, while party leader Nigel Farage is Ladbrokes’ favourite to succeed Keir Starmer as the next prime minister. This week Political Fix examines whether Reform is a serious future contender for government – and whether it is the Conservatives or Labour who should be most worried. Host Lucy Fisher is joined by the FT’s deputy political editor Jim Pickard and political correspondent Anna Gross to discuss Reform’s trajectory, plus the chancellor’s spending review. They are also joined by Gideon Rachman, the FT’s chief foreign affairs columnist, to examine events playing out in Syria and how the UK should respond.

Follow Lucy on X: @LOS_Fisher, Anna on X: @AnnaSophieGross, Jim @PickardJE and Gideon @gideonrachman

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Can Nigel Farage turn Reform into a serious contender for government?

More than 10,000 UK civil service jobs to be cut

Nigeria’s vice-president launches attack on Tory leader Kemi Badenoch

Review of £1.2tn in UK public spending will ‘be tight’, minister warns

UK ministers reject union calls to lift public sector pay to pre-austerity levels

The west should not succumb to cynical regret over Syria

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Clare Williamson. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Sir Keir Starmer unveiled six fresh pledges as part of a major government reset this week, which included diluting a green target and redefining his economic goals. It followed a tumultuous start to government for Labour after 14 years in opposition. As the administration reached the five-month mark on Thursday, Political Fix hosted a live special as part of the FT’s Global Boardroom online conference. Host Lucy Fisher was joined by the podcast’s regulars Stephen Bush, Miranda Green and Peter Foster to take stock of the ups and downs of Labour’s record in power to date.

Follow Lucy on X: @LOS_Fisher, Stephen on @stephenkb, Miranda on @greenmiranda and Peter on @pmdfoster

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Keir Starmer to take aim at Whitehall with new UK ‘mission’ targets 

Cabinet minister denies Keir Starmer’s ‘plan for change’ is a reset

Keir Starmer waters down UK clean power target in policy reset

UK chemicals sector doubts Keir Starmer’s ‘reset’ will end Brexit blues

Keir Starmer, the operator, the fixer, not the visionary

Read the FT’s Best Politics Books of the Year 2024 list, curated by the FT’s chief foreign affairs commentator Gideon Rachman.

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Clare Williamson. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The broadcast engineers are Andrew Georgiadis and Petros Giumpassis. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

MPs will vote on assisted dying this week for the first time in almost a decade. There are ramifications for the NHS, questions over legal oversight, and ethical considerations that all feed into this highly emotive and personal issue. And if the bill passes this hurdle, what will happen next on its journey through parliament? Host Lucy Fisher is joined by Political Fix regulars George Parker and Stephen Bush, alongside the FT’s public policy correspondent Laura Hughes, to discuss the matter. The panel also examines Labour’s bid to get a grip on migration, plus the PM’s plans to reframe – or should that be reset? – his administration. 

Follow Lucy on X: @LOS_Fisher, George @GeorgeWParker, Stephen @stephenkb and Laura @laura_k_hughes

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England’s palliative care ‘postcode lottery’ casts shadow over assisted dying debate

Judges’ role in assisted dying bill criticised as ‘rubber stamping’

Assisted dying would be funded ‘at expense of’ NHS services, warns Streeting

Net migration to the UK hit record 900,000 in 2023

‘It has been bumpy’: Keir Starmer reckons with plunging approval ratings 

Labour has a classic first act problem

Join Lucy Fisher, Peter Foster, Stephen Bush and Miranda Green for a Political Fix Live session on December 5, where they will assess Labour's record after five months in office as part of the FT's Global Boardroom online conference. The three-day event features high-level interviews on the big issues of the day and is being held on December 4-6. Register for your free pass at ft.com/tgb

Read the FT’s Best Politics Books of the Year 2024 list, curated by the FT’s chief foreign affairs commentator Gideon Rachman.

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Clare Williamson with Lulu Smyth. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

After winning swaths of rural seats in the general election, Labour’s relationship with the countryside has nosedived, amid a row over the government’s plan to impose inheritance tax on some farms. Host Lucy Fisher is joined by Political Fix regular Jim Pickard and political correspondent Anna Gross to discuss the changes to agricultural property relief and the wider political fallout. The team also dissects the row over Rachel Reeves’ CV edit and scrutinises her past remarks about her career. Plus, FT foreign editor Alec Russell joins to discuss what happens next in the Ukraine war after Kyiv fired US and UK-made long-range missiles into Russia for the first time this week. 

Follow Lucy on X: @LOS_Fisher, Jim @PickardJE, Anna @AnnaSophieGross, Alec @AlecuRussell

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Thousands of farmers protest in London against tax changes

Ukraine fires British Storm Shadow missiles into Russia

Russia fires intercontinental ballistic missile at Ukraine for first time, Kyiv says

New book from UK shadow chancellor Rachel Reeves lifts from Wikipedia

UK government borrowing for October exceeds forecasts at £17.4bn

Join Lucy Fisher, Peter Foster, Stephen Bush and Miranda Green for a Political Fix Live session on December 5, where they will assess Labour's record after five months in office as part of the FT's Global Boardroom online conference. The three-day event features high-level interviews on the big issues of the day and is being held on December 4-6. Register for your free pass at ft.com/tgb

Read the FT’s Best Politics Books of the Year 2024 list, curated by the FT’s chief foreign affairs commentator Gideon Rachman.

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Tamara Kormornick. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The broadcast engineers are Andrew Georgiadis and Petros Giumpassis. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

As Donald Trump makes his first appointments, speculation in Whitehall grows: will the UK move closer to the US or cosy back up with the EU?

The FT’s Lucy Fisher is joined by Political Fix regulars George Parker and Robert Shrimsley, as well as Peter Foster, the FT’s public policy editor, to discuss how Britain might successfully balance its two most important relationships. Plus the panel also discusses Rachel Reeves’s pension megafund reform, and assesses the damage Labour’s employment reforms are doing to the relationship with British business. 

Follow Lucy on X: @LOS_Fisher, George @GeorgeWParker, Peter Foster @pmdfoster, Robert @robertshrimsley 

Want more?  

Join Lucy Fisher, Peter Foster, Stephen Bush and Miranda Green for Political Fix Live session on December 5, where they will assess Labour's record after five months in office as part of the FT's Global Boardroom online conference. The three-day event features high-level interviews on the big issues of the day and is being held on December 4-6. Register for your free pass at ft.com/tgb

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Presented by Lucy Fisher. Produced by Tamara Kormornick. The executive producer is Manuela Saragosa. Audio mix by Sean McGarrity and original music by Breen Turner. The broadcast engineers are Andrew Georgiadis and Petros Giumpassis. The FT’s head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Despite past criticism of Donald Trump, Sir Keir Starmer has sent ‘hearty’ praise to the president-elect for his victory this week. But what will transatlantic relations be like in 2025 and what does a Trump presidency mean for a Labour government? And, after Kemi Badenoch won the Tory leadership contest, we assess her first days in the job. Political Fix host Lucy Fisher is joined by US national editor and columnist Ed Luce, Deputy Washington bureau chief Lauren Fedor, Jim Pickard and Katy Balls, political editor of the Spectator.

Follow Lucy on Twitter @LOS_Fisher,  Ed @EdwardGLuce, Lauren @LaurenFedor, Jim @PickardJE

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America wants Trump — no ifs or buts

‘They don’t understand my life’: what the Democrats misread about America 

‘Brave new world’: Donald Trump’s victory signals end of US-led postwar order 

Trade, tech, defence: UK braces for policy flashpoints with Trump’s US

Lammy seeks to repair Trump relationship after ‘Nazi’ jibe 

Kemi Badenoch rewards early backers with shadow cabinet posts 

Sign up for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award: 

https://ft.com/insidepoliticsoffer

Presented by Lucy Fisher. Produced by Clare Williamson. The executive producer is Manuela Saragosa. Audio mix by Simon Panayi. Original music by Breen Turner. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

It’s been two days since chancellor Rachel Reeves put a £40bn tax increase at the heart of a plan to fix the country’s “broken” finances and public services, and unveiled a sharp increase in borrowing to fund an extra £100bn of capital spending. But will these measures bolster investment and growth in the UK economy? And what does the Budget tell us about the country’s economic direction over the next five years? The FT’s Lucy Fisher discusses these questions and more with UK political editor George Parker, columnist and host of The Economics Show Soumaya Keynes and economics editor Sam Fleming.

This is a recording of an FT Live subscribers’ webinar, recorded on Friday, November 1.

Follow Lucy on X: @LOS_Fisher, George on @GeorgeWParker, Sam @Sam1Fleming and Soumaya @SoumayaKeynes

Want more? Free links:

Budget poses new challenge for UK public finances, Moody’s warns

Business and wealthy bear brunt of £40bn tax increases in UK Budget

The Budget in brief: what you need to know

Reeves has made her choice — but success is not guaranteed

Rachel Reeves defiant after historic tax and spend Budget

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award. 

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.