Kate Andrews is deputy editor of The Spectator’s World edition.
12 min listen
Rishi Sunak’s personal approval rating among Tory members has turned negative for the first time in his premiership. Why is the Prime Minister becoming more unpopular in his party? Should he be worried about internal dissent? James Heale speaks to Katy Balls and Kate Andrews. Produced by Max Jeffery.
When the average two-year fixed mortgage hit 6 per cent last month, panic started to set in. For the 1.3 million homeowners set to renew before Christmas, many would now be facing interest payments three times higher than what they had originally paid. Chancellor Jeremy Hunt immediately called a meeting with lenders and customer representatives
We’re going to hear a lot about the NHS this week: mostly tributes and praise – and even a few prayers – all in recognition of its 75th anniversary on Wednesday. The loudest criticism you’re likely to hear will be about underfunding – which is not the fault of NHS officials, really, but rather the fault of politicians
27 min listen
Next week is the NHS’s 75th birthday. Why is the health service in such a poor state? Are the Tories selling it off? And is there any hope for its future? Max Jeffery speaks to Kate Andrews and Isabel Hardman.
The NHS is in crisis, but the government at last has a plan: a ‘Long-term Workforce plan’, that is, aimed at getting staffing levels up to something functional in the years to come. The £2.4 billion blueprint (which has big question marks around how it will be funded) was published today. Medic placements will be
Thames Water appears to be in trouble. The company, which has billions in debt, is in talks with the Treasury about a possible bailout. We may soon be adding the firm, which serves one in four Brits, to the list of victims of rising interest rates. ‘Victim,’ in this case, is perhaps the wrong word. It’s hard
27 min listen
Kate Andrews is joined by Fraser Nelson and Johan Norberg, author of The Capitalist Manifesto: why the global free market will save the world. On the podcast Johan talks about its why lockdown societies never worked; whether he finds the word capitalism useful and his endless optimism for a better future.
11 min listen
James Heale speaks to Isabel Hardman and Kate Andrews as the Bank of England announced it has hiked interest rates to 5 per cent. Faced with inflation, a looming mortgage crisis and personal debt, Rishi Sunak said today he is ‘100 per cent on it’. But can he turn things around? Produced by Natasha Feroze.
The Monetary Policy Committee has voted seven to two to take interest rates to 5 per cent, a 0.5 point increase. Its thirteenth rise in a row takes rates to their highest level in 15 years, and is being described as a ‘shock’ increase, brought in as a response to the rise in core inflation on the
In December Jeremy Hunt hosted a mortgage summit, attended by lenders and the Financial Conduct Authority, to discuss rate woes. At the time, the numbers were at least moving in the right direction. During Liz Truss’s 49-day premiership, the FCA expected interest rates to rise to 5.5 per cent, an increase which was forecast to
10 min listen
Natasha Feroze speaks to Kate Andrews and Katy Balls about today’s inflation figures, stuck at 8.7 per cent despite predictions it would fall. As a flagship policy of Rishi Sunak’s to half inflation, what options does the Prime Minister have?
Inflation figures out this morning make for grim reading: the headline rate didn’t budge, sticking at 8.7 per cent on the year in May. Far worse, core inflation (which excludes food and energy) rose once again, to 7.1 per cent on the year in May, up from 6.8 per cent in April. This latest update from the
The average two-year fixed mortgage now sits at 6 per cent, according to financial data group Moneyfacts – just below the 6.65 per cent reached in December last year, after the fallout from Liz Truss’s mini-Budget. Five-year fixed rates aren’t too far behind, at 5.7 per cent. For many of the 2.4 million homeowners whose
11 min listen
Katy Balls speaks to Kate Andrews and Fraser Nelson about the developments in the mortgage markets and how Tory MPs are expected to vote on Partygate.
No one wants to talk about the pandemic anymore. Not even partygate. Understandably so: we’ve all put hard work into suppressing and burying miserable memories over that two-year period. Why dredge it all back up? But as one of the people in this country who still deeply cares about partygate – the hypocrisy of it,
13 min listen
Having said she’ll step down, Nadine Dorries has now said that she won’t formally resign as an MP until later this year… It’s hard to see this as anything other than revenge taken on Rishi Sunak, so as to prolong the by-election pain, Katy Balls says. Cindy Yu also talks to Kate Andrews about the
The economy grew by 0.2 per cent in April, following on from a confirmed 0.3 per cent contraction in March. This fits the trend this year of small ebbs and flows in GDP, which all together add up to extremely little overall growth this year. This is now what the big forecasters have predicted, from the Office
‘There are obviously lessons to be learned,’ said Bank of England Governor Andrew Bailey at today’s House of Lords Economic Affairs Committee. It was a point he repeated many times over, in reference to the inflation crisis that has plagued Britain for close to two years now. ‘We have to learn lessons from the experiences we’ve
19 min listen
Kate Andrews, Katy Balls and Fraser Nelson react to the news that Boris Johnson has decided to stand down as an MP. Will the former Prime Minister go quietly? Produced by Natasha Feroze.
Is the government ready to start cutting taxes? After taking the burden to a post-war high, it seems ministers are preparing to change direction – in one area, anyway. This morning Jeremy Hunt announced that the energy levy on oil and gas companies, known as the ‘windfall tax’, will come to an end in 2028
