A growing controversy around Lord Waheed Alli’s donations to Prime Minister Sir Keir Starmer and his wife Victoria risks tarnishing the new government, while propelling the normally discreet Labour donor into the public eye. Lucy Fisher discusses the saga with Political Fix regulars Stephen Bush and Jim Pickard. Plus, the panel is joined by chief business correspondent Michael O’Dwyer as business leaders warn that the UK government’s tax-raising plans and negativity about its economic inheritance risk undermining its efforts to boost private sector investment.

Follow Lucy on X: @LOS_Fisher, Stephen @stephenkb, Jim @PickardJE, Michael @_MODwyer

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Waheed Alli: How Labour donor’s largesse tarnished government’s squeaky clean image

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Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy

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Presented by Lucy Fisher. Produced by Tamara Kormornick with help from Leah Quinn. The broadcast engineers were Rod Fitzgerald and Andrew Georgiadis. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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