James Forsyth is former political editor of The Spectator.
11 min listen
Thirty thousand people waited 12 hours or more in A&E, new figures showed today – the highest number on record. The NHS usually runs into trouble during the cold winter weather, but it looks like the annual crisis has already arrived. Is there any solution? Max Jeffery speaks to James Forsyth and Isabel Hardman.Produced by Max Jeffery.
39 min listen
In this week’s episode:Who’s to blame for the water shortages?James Forsyth, The Spectator’s political editor and Ciaran Nelson from Anglian Water join us to discuss the UK’s deteriorating water supply. (0.29)Also this week: Is it time for some old-fashioned Tory state-building?Tim Stanley from the Telegraph shares his vision for a Conservative future. He’s joined by Annabel Denham, Director of Communications at the Institute of Economic Affairs. (11.19) And finally: What’s behind France’s new sexual politics?Jonathan Miller writes about a new civil war in France between the nudes and prudes. He’s joined by Louise Perry, columnist and author of The Case Against the Sexual Revolution. (23.08)Hosted by Lara Prendergast.
Between 1992 and 2002, the UK experienced a period of benign economic growth. Known as the Nice (non-inflationary constant expansion) decade, it feels like a very long time ago. According to the Bank of England’s latest forecast, Britain today faces the opposite: high inflation and a recession. This grim prediction is why the Tory leadership contest is so grouchy; in these circumstances, there are no good fiscal options, only least-worst ones. The world economy veers from one emergency to another, with the frequency of crises having intensified since 2008 and, particularly, since Covid. Lockdowns and pandemic disruption were rapidly followed by the Russian invasion of Ukraine, which is causing havoc in energy markets.
12 min listen
The Tory contenders are expected to announce their own measures to protect households and businesses from the energy crisis. Why has it taken this long? Labour too, is yet to reveal a strategy. Will they leave the Tories to fight amongst themselves?Also on the podcast, Nicola Sturgeon has made a comeback at Liz Truss who earlier in the month called the Scottish leader an attention seeker. At the Edinburgh fringe festival, she told the audience that Liz Truss once asked her how to be featured in Vogue. So who is the real attention seeker now? And will they ever see eye-to-eye if Truss gets into No.10?Isabel Hardman speaks to Katy Balls and James Forsyth.Produced by Natasha Feroze.
14 min listen
Rishi Sunak and Liz Truss head to the Red Wall for hustings in Darlington this evening. Meanwhile, new figures released by Cornwall Insight on the extent of the energy price cap make for grim reading. Will Labour respond with their own package?Also on the podcast, as countries look to ensure domestic energy supply, What could this mean for the UK, as a net importer of energy?'In a crisis, borders want to reassert themselves. Any country is going to prioritise preventing black-outs over exporting power' - James ForsythFinally, it’s results day in Scotland, how do they compare to previous years? Katy Balls speaks to James Forsyth and Isabel Hardman. Produced by Natasha Feroze and Oscar Edmondson.
The debate about energy in the UK has largely concentrated on just how high prices will go. This is understandable given how seismic the October and January increases in the energy price cap are likely to be. But today’s announcement from Norway that it will prioritise refilling domestic reservoirs over exporting hydropower to countries like the UK is a reminder that supply may soon become an issue too. In a crisis, borders reassert themselves as Covid showed. What happened with PPE and medical supplies during the pandemic may well happen with energy this winter. This is a concern for the UK given that it imports large quantities of energy during the winter.
14 min listen
As the leadership contest refocuses on the economy, Katy and James discuss each camp's plan to deal with the cost of living crisis. Are both candidates being pushed towards the centre ground? Also, looking ahead to winter, does the UK have enough energy in storage to keep the lights on, and what is being done to prepare the NHS? Cindy Yu speaks to James Forsyth and Katy Balls.
10 min listen
Katy Balls talks to James Forsyth and Isabel Hardman about the challenges facing the incoming Prime Minister, not least the dire forecast from the Bank of England predicting recession for 2023.
The debate about energy has, understandably, concentrated on what is going to happen to households bills. The numbers are alarming. The energy price cap is now predicted to peak at £3,649 in April 2023, meaning that the average household bill will be above £3,000 for more than a year. As I say in the Times today, this is going to require a response from whoever is prime minister. As Covid showed, in times of crisis contracts across borders are not always honoured But less attention has been paid to the question of whether there’ll be sufficient energy this autumn and winter. National Grid is suggesting that the UK will avoid blackouts. But it is not hard to see how they could end up taking place.
13 min listen
The Bank of England's announcement to raise interest rates comes as the UK is predicted to fall into recession this year – with the lowest downturn expected since 2008. Are Rishi Sunak or Liz Truss ready for what's ahead?The two candidates went head-to-head once again last night in the Sky News studios. This time, the audience, made up of Conservative party members, grilled contenders and Kay Burley followed with some hard-hitting questions. By the end, most of the audience were persuaded by Rishi. Could the tide be turning?Katy Balls speaks to James Forysth.Produced by Natasha Feroze.
12 min listen
The Bank of England raised its rates by another half per cent today, as it warned that inflation will peak at 13 per cent by the end of this year. The question about the Bank of England's effectiveness arises again – should it have foreseen the inflationary crisis we are in now, and done more about it? Liz Truss has pledged to review the Bank's mandate. Cindy Yu talks to James Forsyth and Katy Balls.Produced by Cindy Yu.
One influential figure on the centre-left told me recently that he isn’t bothered about who wins the Tory leadership contest. He argued that the tsunami of problems waiting to hit the new leader – rising energy prices, inflation and a creaking NHS, to name but a few – means the Tories will be in trouble regardless of whether it’s Liz Truss or Rishi Sunak who triumphs. These issues are enough to sink any government, but especially one that has been in power for 12 years. Given how Boris Johnson dominated politics, whoever succeeds him will to some extent feel like a fresh start. But they won’t be able to pull off his trick of presenting their administration as entirely new.
13 min listen
On today's podcast, Katy Balls and James Forsyth discuss a sticking point for Rishi Sunak as he meets the membership – that he led a 'coup' to overthrow Boris Johnson. Whilst travelling the country, can he persuade the membership otherwise?Also today, a new YouGov poll of Conservative members gives Liz Truss a 34-point lead ahead of Rishi Sunak. Is there enough time for him to turn the tide? How many Tory members have already made up their minds?And finally, is GCHQ at risk of being hacked? Cindy Yu is joined by James Forsyth and Katy Balls. Produced by Oscar Edmondson.
21 min listen
Liz Truss has U-turned on a public worker pay plan announced just last night – the idea being that pay would reflect the cost of living in regional areas. What made her backtrack on the announcement? And how damaging has this been to her campaign?'Any discussion of lowering pay right now is politically intolerable. Timing matters a lot here' - Kate Andrews.Also on the podcast, Kate and James discuss the political tensions behind 'fat cat' pay and windfall taxes on the day BP announce its largest profit in 14 years.Cindy Yu is joined by Kate Andrews and James Forsyth.Produced by Natasha Feroze.
In the coming hours, Nancy Pelosi is expected to arrive in Taiwan. The plane that is thought to be carrying her is approaching the island from the east to avoid the Taiwan Strait and any attempt by the Chinese to fly close to her. As Speaker of the House of Representatives, she will be the most senior US figure to visit Taipei this century. The economic effects of a Taiwan invasion would dwarf those of the Russian invasion of Ukraine Beijing is furious about Pelosi’s decision to go. It has warned that its military ‘won’t sit idly by’ if she does touch down and is planning various displays of military strength. While no one expects the Chinese to actually attack the island, there is talk of buzzing the Taiwanese air defence zone and other intimidatory acts.
Russia’s invasion of Ukraine, and the subsequent sanctions, are roiling European energy markets and threatening a continent-wide recession. But we live in an age of multiple crises, and tensions over Taiwan are bound to flare in the coming days. There are reports that Nancy Pelosi, the Speaker of the House of Representatives, will visit tomorrow. She would be the most senior US figure to visit this century. The Chinese have said that their military ‘won’t sit idly by’ if she does go there. Now to be clear, this almost certainly means military exercises rather than anything else. But it is worth noting that Joe Biden has said the US military do not consider it ‘a good idea right now’.
12 min listen
This morning, Lisa Nandy defied party orders by joining a picket line in Wigan to support striking BT and Openreach staff. This comes after last week, Keir Starmer sacked Sam Tarry MP, who went on an unauthorised media round at an RMT picket line. Similarly, Labour’s biggest union, Unite, threatened to pull all funding from the party over the Labour leader's refusal to back strike action. Is Keir Starmer losing control over his party?Also on the podcast, what's the latest on the Liz Truss vs Rishi Sunak leadership contest?Max Jeffery is joined by Isabel Hardman and James Forsyth. Produced by Natasha Feroze.
Lisa Nandy’s appearance on a picket line is very different from Sam Tarry’s. There were no media interviews and this is a dispute involving a Labour-affiliated union and a private company. This is not a public sector strike; taking a position on it does not have implications for the public finances. But given Keir Starmer’s position on picket lines – Labour MPs shouldn’t appear on them – Nandy’s decision to attend clearly carries with it its own message. This incident is not going to turn into anything more serious, as neither side appear to be escalating matters. But with more and more industrial action likely over the coming months as workers protest at below inflation pay rises, this issue is going to keep dogging Labour.
The Tory party needs to distinguish between the different types of blue-on-blue arguments. There is the peripheral stuff about shoes and earrings which would be no great loss to the debate if it was to end; then there are the substantive issues on which the party does need to thrash out what it thinks. The biggest divide in this contest is over the economy In the Times today, I suggest five arguments that the Tories need to have in this contest. Having been friends with Rishi Sunak for decades, and having known Liz Truss since she became an MP in 2010, I think they are capable of having a constructive argument. The genuine differences between them should help improve debate.
12 min listen
Liz Truss and Rishi Sunak were in Leeds yesterday for the first of the leadership hustings in front of Tory members. Truss put in an assured performance, while Sunak had to defend his announcement that he would cut VAT on energy bills, after saying that tax cuts would be 'immoral'. With little time left for the former chancellor to turn things around, is Truss unstoppable?Cindy Yu speaks to Fraser Nelson and James Forsyth.Produced by Max Jeffery.