Political Currency Why blaming Brexit won’t save Rachel Reeves
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Oct 23, 2025 The hosts tackle the rising trend of blaming Brexit for economic woes, questioning if it's a savvy political move or merely a convenient scapegoat. They delve into the chaos in Keir Starmer's administration, marked by outrageous briefings against the Cabinet Secretary. The discussion shifts to the royal drama surrounding Prince Andrew and the government's potential interventions. With George's insights from San Francisco, they ponder whether the booming AI sector is a bubble about to burst and discuss the implications of skyrocketing valuations in the tech industry.
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Royal Family Must Act To Protect Reputation
- Prince Andrew's situation is politically untenable and the monarchy must clear the decks to protect public interest.
- Ed Balls argues voluntary title surrender was generous but legislative action to strip titles may follow if revelations continue.
No.10 Infighting Damages Government Delivery
- Leaks and briefing against Chris Wormald reveal deep disorder inside No.10 and undermine delivery capacity.
- George Osborne warns a chaotic centre with public infighting prevents sustained government action.
Brexit Positioned As Budget Explanation
- Labour is framing Brexit as a major drag on growth to justify higher taxes in the upcoming budget.
- Rachel Reeves and Andrew Bailey signal the OBR may downgrade forecasts citing Brexit's lasting hit to productivity.