Kate Andrews

Kate Andrews

Kate Andrews is deputy editor of The Spectator’s World edition.

Red Rishi

39 min listen

On this week’s episode: Price caps are back in the news as the government is reportedly considering implementing one on basic food items. What happened to the Rishi Sunak who admired Margaret Thatcher and Nigel Lawson? In her cover article this week, our economics editor Kate Andrews argues that the prime minister and his party

Do the Tories really hate ‘the Blob’?

8 min listen

Boris Johnson’s team today suggested that they would be happy to hand over his WhatsApp messages from during the pandemic to help the Covid enquiry. Why has the civil service got itself in such a muddle over this, and why have the Tories failed to reform Whitehall?  Max Jeffery speaks to James Heale and Kate

Kate Andrews

Red Rishi: the Prime Minister’s political makeover

What kind of conservative is Rishi Sunak? This time last year, there was a clear answer: he was a fiscal hawk who was worried about how much the government had to borrow to fund the Covid crisis. As chancellor, he was always fighting with the prime minister over high spending. When Sunak tried to raise

Kate Andrews

Why are borrowing costs surging?

13 min listen

James Heale speaks to Fraser Nelson and Kate Andrews about the news that borrowing costs are back to being the highest since last Autumn. What could this mean for the Chancellor Jeremy Hunt?

Sunak should stop pretending that he controls inflation

The government is delighted with today’s inflation update. Rishi Sunak released a clip this afternoon, talking about his government’s efforts to ‘halve inflation’ by the end of the year. ‘I know it’s still tough’ he says, but ‘the plan is working, and we are delivering.’ The problem is that it is not in his gift

Kate Andrews

Are the Tories addicted to psychodrama?

12 min listen

Isabel Hardman speaks to Katy Balls and Kate Andrews about the ongoing case of Suella Braverman’s speeding saga.  And now Boris Johnson has returned to the spotlight over reports he broke more lockdown rules. Does the energy around these stories say something about the culture of Westminster? Also on the podcast, Kate Andrews takes a

Kate Andrews

Inflation falls to 8.7% – but pressures remain

Since the start of the year, politicians and central bankers have been promising a collapse in the inflation rate. But monthly data kept rolling in, and the rate remained in double digits. This put even more pressure on the data this morning, published by the Office for National Statistics, with the Bank of England (BoE)

Are things beginning to look up for the UK economy?

We learned this morning just how much the government is struggling to keep its promise to bring down the national debt. But news from the International Monetary Fund (IMF) will be lifting spirits in No. 10. Perhaps it can make good on another pledge: to grow the economy. The IMF has once again revised its figures for

Letter from Taiwan: life in the shadow of ‘The Bully’

The Grand Hotel sits on the outskirts of Taipei, at the edge of Yangmingshan national park. Overlooking the city, the 14-storey building is designed like a Chinese palace. It was built in the 1950s to host dignitaries when Taiwan was under authoritarian rule. Today it operates as a five-star hotel and is open to tours

What if Rishi fails to deliver all five pledges?

When Rishi Sunak delivered his five key pledges at the start of January, the latest data we had for the inflation rate was for last November. It was up 10.7 per cent on the year, having fallen from a peak of 11.1 per cent the month before. Everyone thought this was the start of a fast and

What will boost growth?

11 min listen

The UK economy grew by 0.1 per cent in the first quarter of this year. Jeremy Hunt said that the government needed to ‘stay focused on competitive taxes, labour supply and productivity.’ Is that enough to improve growth? Natasha Feroze speaks to Katy Balls and Kate Andrews.

Kate Andrews

Shrinking GDP shows how stagnant the economy has become

The UK economy shrank by 0.3 per cent in March, as ongoing strike action continued to take its toll. But the fall wasn’t enough to push the UK into recession territory, as the Office for National Statistics announced this morning that the economy grew by 0.1 per cent in the first three months of the year. This was thanks

Can Kemi brush off the Brexiteers on EU law?

11 min listen

Will Kemi Badenoch, the business and trade secretary, lose her supporters in the ERG, after the government confirmed that it would be going back on its pledge to remove all EU legislation from UK law by the end of 2023? James Heale speaks to Katy Balls and Kate Andrews.

Kate Andrews

Why interest rates continue to rise

The Bank of England has hiked interest rates again, taking the base rate from 4.25 per cent to 4.5 per cent. This is the 12th consecutive rise, voted for 7-2 by the Bank’s Monetary Policy Committee (MPC). It takes rates to their highest level since 2008. The Bank had hoped it could stop raising interest

Another rate rise from the Fed. Is it enough?

Will the Bank of England raise interest rates again? We’ll know for sure next Thursday, when we get the Monetary Policy Committee’s next announcement on the base rate, but today’s decision from the Federal Reserve to hike rates again makes it more likely that the Bank will follow suit. The Fed has announced another interest rate

Kate Andrews

Did the Tories ‘kill the dream of homeownership’?

11 min listen

In today’s Prime Minister’s Questions, Keir Starmer accused the Prime Minister and his party of having ‘killed the dream of homeownership’. With news this week that Rishi Sunak is considering reintroducing ‘Help to Buy’ while Michael Gove is sued for blocking a new housing development in Kent, does Starmer actually have a point? Katy Balls