Britain: a beacon of economic stability?

Plus: Kemi Badenoch sends us a letter

An episode of the Political Fix podcast, hosted by Financial Times, titled "Britain: a beacon of economic stability?" was published on October 17, 2025 and runs 33 minutes.

October 17, 2025 ·33m · Political Fix

Summary

The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain’s economic problems on her predecessors. The British public are not likely to love the chancellor’s efforts to fill the projected £22bn 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 @greenmirandaWant more?  Clear visions for tax reform exist — Reeves just needs to back oneHow Brexit drained the Tories’ talent poolNo need for a moral panic about the welfare systemLetter: Only a strong economy can address Britain’s worklessness crisisRachel Reeves suggests spending cuts and tax rises on wayJoin 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/edgeAnd 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 analysis. Get 30 days free.Our email address is [email protected] 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 NewsRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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