The Bunker – News without the nonsense The Budget, Trump's Russia love-in and more! – Weekly Wrap-Up with Seth Thévoz and Jacob Jarvis
Nov 28, 2025
Seth Thévoz, a sharp political journalist and author known for his insights on current affairs, joins Jacob Jarvis to unpack the week's headlines. They delve into Rachel Reeves's budget, analyzing its impact on everyday people and Labour's messaging challenges. The duo also discusses the latest developments in the Trump/Russia saga, revealing new controversies, and weighs the implications of allegations against Nigel Farage. Additionally, Seth shares his winners and losers of the week, including a fascinating look at AI's power dynamics.
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Episode notes
Geneva Cafe Crypto Brag
- Seth Thévoz recounts overhearing a woman in Geneva boasting about crypto profits.
- He uses the story to caution that crypto gains can be tied to criminal activities like money laundering.
A Budget Without A Clear Political Theme
- Rachel Reeves's budget raises taxes gradually via thresholds rather than overt income tax increases.
- Seth Thévoz argues this soft approach lacks a clear theme and political conviction.
Backbench Pressure Shapes Policy
- Labour appear to have been forced into some policy choices by backbench pressure rather than leading with them.
- Seth Thévoz says this undermines their ability to make bold, politically coherent choices.
