Bloomberg UK Politics

Ailbhe Rea, Associate Editor at Bloomberg, dives into Labour's ambitious plan to enhance workers' rights amid fierce lobbying from unions and businesses. She discusses key proposals like guaranteed minimum hours and transformative changes in sick pay legislation. Ailbhe also sheds light on the complex dynamics of lobbying, balancing trade union interests with business concerns. The conversation highlights the potential impact on job security and the ongoing negotiation necessary to benefit workers while maintaining positive employer relationships.

Katherine Griffiths, City Editor at Bloomberg, dives into the challenges facing London's financial services as global investors voice concerns over the UK's future. She discusses Jamie Dimon’s warnings about Britain's need for reforms or risk permanent decline. Labour's strategies for reviving the financial sector are explored, emphasizing the importance of tax policies and investor relations. Griffiths also touches on the impact of Brexit on financial firms and the pressing need for clear governmental strategies to attract global investments back to the UK.

Gavin Barwell, former Chief of Staff to Theresa May and now a member of the House of Lords, shares his insights on the pressing challenges facing Downing Street. He discusses the structural hurdles of leadership amid political instability, emphasizing the importance of unity in Number 10. Barwell contrasts Theresa May's and Boris Johnson's management styles and highlights the need for effective governance during crises like Brexit. He also addresses the qualities a new Cabinet Secretary must possess to restore confidence in the civil service and rebuild voter trust.

Keir Starmer has replaced his Chief of Staff Sue Gray as the Labour government nears the 100-day mark in power. It's an attempt by the Prime Minister to draw a line under a summer of negative headlines and infighting - but will a No.10 reshuffle be enough? Bloomberg's Political Editor Alex Wickham joins us with his analysis on the reset. Hosted by Stephen Carroll and James Woolcock. See omnystudio.com/listener for privacy information.

Jamie Rush, Bloomberg’s Chief European Economist, dives into the pressing need to update the UK's borrowing rules. He critiques the short-term focus of current debt policies and argues for a longer evaluation horizon to encourage sustainable growth. Rush also discusses the delicate balance required in post-pandemic recovery, advocating for fiscal credibility and accountability. With compelling examples from other countries, he highlights how reformed rules could pave the way for strategic investments that benefit the economy in the long run.

Ursula von der Leyen, the President of the European Commission, joins Bloomberg’s Managing Editor for European Economy and Government, Ben Sills, to discuss the UK’s efforts to reset relations with the EU. They explore Keir Starmer's recent Brussels visit aimed at revitalizing negotiations and the delicate compromises needed for a Labour government. The conversation highlights the changing dynamics of UK-EU relations post-Brexit, including challenges in security cooperation and public sentiment on migration.

Former Prime Minister Liz Truss shares insights from her impactful speech at the Conservative party conference, sparking discussions on her recent popularity. James Cleverly, a leadership contender, articulates his vision for the future, advocating for lower taxes and enhanced defense spending. They navigate the challenges facing the Conservative party amid internal dynamics and international issues. Their dialogue offers a glimpse into the party’s potential directions and the significance of political clarity in addressing public concerns.

Former Prime Minister Rishi Sunak emphasizes unity in a farewell address to the Conservative Party, yet leadership infighting looms large. Chris Hayward shares insights on the business implications of their leadership struggles, while Alex Wickham dissects the unpredictable political landscape. The trio explores the urgent need for strong leadership amid economic challenges and the internal dynamics affecting candidate aspirations. With tensions rising, can the Tories overcome their rivalries and regain public trust?

Jonathan Reynolds, the Labour Party's Business and Trade Secretary, shares insights on the recent surge of corporate leaders engaging with the Labour government. He discusses critical economic challenges, the importance of a cohesive industrial strategy, and the need for long-term investments. The conversation highlights UK-Saudi relations, workforce evolution, and the complexities of business rights. Reynolds also emphasizes support for small businesses and fostering collaboration among government departments to drive economic growth and stability.

 As the Labour party's annual gathering draws to a close, business leaders and commentators are leaving with questions about policy. Bloomberg's political editor Alex Wickham joins us with his takeaways from the event and an a view on what's ahead. Hosted by Lizzy Burden.  See omnystudio.com/listener for privacy information.