Rachel Reeves won't resign (yet) - here's why

Rachel Reeves is under fire for her management of the country's finances. With suggestions of an impending income tax raise, some have called for her to resign. Andrew Marr and Will Dunn join Hannah Barnes to explain why the Chancellor won't quit - yet.Will Dunn also explains how government debt is calculated - and why the economic crash really might not have been (entirely) Liz Truss's fault after all.The team also discuss Tulip Siddiq's resignation, and whether Labour have a two-tier approach to discipline.Ask a question for a future episode at www.newstatesman.com/youaskusGet the New Stateman's political analysis in your inbox every weekday by signing up to our newsletter, Morning Call: morningcall.substack.comSubscribe to the New Statesman for full access to all our reporting and analysis: www.newstatesman.com/jan24Articles mentioned in this episode:How damaging is the Tulip Siddiq affair for Labour?https://www.newstatesman.com/politics/uk-politics/2025/01/the-tulip-siddiq-affair-is-a-blow-labourWill the bond markets defeat Rachel Reeves?https://www.newstatesman.com/politics/economy/2025/01/will-the-bond-markets-defeat-rachel-reevesLISTEN AD-FREE:📱Download the New Statesman appMORE FROM THE NEW STATESMAN:❓ Ask a question – we answer them every Friday⏰ Get our daily politics newsletter every morning✍️ Enjoy the best of our writing via email every Saturday Hosted on Acast. See acast.com/privacy for more information.