Dan Hanson, Bloomberg's Chief UK economist, delves into the UK’s rising inflation rates, which recently hit 2.3%. He discusses the factors driving this increase and its potential to escalate further. Joe Mayes sheds light on the Labour government's concerns about how inflation could impact their political standing ahead of elections. The conversation also touches on the hidden workforce and discrepancies in employment data, highlighting how these elements complicate the current economic landscape and government policy decisions.

Dan Hanson, Bloomberg's Chief UK Economist, and John Stepek, 'Money Distilled' columnist, dive into the landmark budget delivered by Chancellor Rachel Reeves. They discuss significant tax changes, including increases in national insurance and capital gains tax, and their implications for businesses and individuals. The pair highlights a massive £100 billion commitment to capital spending, focusing on green initiatives and healthcare. They also analyze the potential effects on small businesses and the economy, while discussing NHS funding increases and fiscal strategies.

Dan Hanson, Bloomberg's Chief UK Economist and former HM Treasury economic adviser, delves into the upcoming Labour budget, the first in 14 years led by a female Chancellor. He discusses key expected tax changes, like potential increases in income and inheritance taxes, and their implications for taxpayers. The conversation also covers balancing investment strategies between public sector enhancement and private investments while considering the economic sentiment surrounding these changes. Insightful analysis on navigating fiscal changes in UK politics is also provided.