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Hello and welcome to Coffee House Shots, the Spectator's Daily Politics Podcast. I'm Patrick Gibbons,

and today I'm joined by Michael Simmons and James Hill. Boris Johnson is appearing at the COVID inquiry today and Donald Trump is getting involved in trying to end the war in Ukraine, but the

British government would like us to talk about the investment summit that they're hosting today. James, can you tell us a little bit about it? Yep, sure. So this is at Edgbuston Cricket Stadium. Rachel Reeves is determined to prove that she can be Dwen Stokes, hitting them for six, and not merely trying to be a sort of Jeffrey Boycott and blocking all that comes before her. But really, she's basically after scoring a few fours and sixes,

because it's been a pretty run time for her recently. So she's now getting the messaging right

ahead of that budget on November the 26th next month, trying to talk about how she's going to be

attacking pointless red tape. And this is all really about trying to prove to the OBR that it's

being too pessimistic about UK growth. This is something that we see in other fields as well. So I think it's a real frustration coming out about how the OBR is handling migration and whether perhaps a skills package on that might shift its thinking on how it scores certain things. But this is about trying to get the narrative right. And actually, after a difficult few days, the government, get back on the front foot and trying to show that they are doing the important things

in terms of making Britain a good place to invest in and that the Labour Party can rebuild

some of its damaged ties with business.

And Michael, how successful is that narrative building going? Because it feels like there's

sort of a drip feed of a bad news stories for Rachel Reeves.

You've written for Coffeehouse this morning about the government borrowing costs.

...