EPISODE · May 21, 2025 · 43 MIN
Labour at war as prices go through the roof
from The Daily T
Inflation has risen to 3.5%, putting fresh pressure on the Bank of England and on households already feeling the squeeze. But that’s not the only storm brewing for the Labour Party. A leaked memo from Deputy Prime Minister Angela Rayner to Chancellor Rachel Reeves has exposed a growing rift at the top of the Labour Party. In an exclusive report, our political editor Ben Riley-Smith reveals how the two are at odds over tax hikes on savers and investors and what the row means for Labour’s economic credibility ahead of the next election.And we speak to Sir Bernard Hogan-Howe, former Commissioner of the Metropolitan Police, about the state of policing and our justice system right now - from Lucy Connolly’s prison sentence to Southport victim Leanne Lucas calling for sharp bladed kitchen knives to be banned. Producers: Georgia Coan and Lilian FawcettSenior Producer: John CadiganPlanning Editor: Venetia RaineyExecutive Producer: Louisa WellsSocial Media Producer: Ji-Min LeeVideo Editor: Valerie Browne Studio Operator: Meghan SearleEditor: Camilla Tominey Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Inflation has risen to 3.5%, putting fresh pressure on the Bank of England and on households already feeling the squeeze. But that’s not the only storm brewing for the Labour Party. A leaked memo from Deputy Prime Minister Angela Rayner to Chancellor Rachel Reeves has exposed a growing rift at the top of the Labour Party. In an exclusive report, our political editor Ben Riley-Smith reveals how the two are at odds over tax hikes on savers and investors and what the row means for Labour’s economic credibility ahead of the next election.And we speak to Sir Bernard Hogan-Howe, former Commissioner of the Metropolitan Police, about the state of policing and our justice system right now - from Lucy Connolly’s prison sentence to Southport victim Leanne Lucas calling for sharp bladed kitchen knives to be banned. Producers: Georgia Coan and Lilian FawcettSenior Producer: John CadiganPlanning Editor: Venetia RaineyExecutive Producer: Louisa WellsSocial Media Producer: Ji-Min LeeVideo Editor: Valerie Browne Studio Operator: Meghan SearleEditor: Camilla Tominey Hosted on Acast. See acast.com/privacy for more information.
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Labour at war as prices go through the roof
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