Elections raise stakes of Britain’s fiscal dilemma
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Reuters
4.4 • 58 Ratings
🗓️ 7 May 2026
⏱️ 24 minutes
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| 0:33.7 | The views expressed on this podcast are those of the participants, not of Rogers News. |
| 0:41.7 | This week, British voters will deliver a crucial early verdict on Prime Minister Kirstama's Labour government. Local elections will see over 5,000 council seats and six mayoralties |
| 0:48.3 | up for grabs. And while these are local elections ostensibly revolving around idiosyncratic local issues, |
| 0:55.0 | in practice, these end up being a kind of public referendum on the mood towards Westminster. |
| 1:02.0 | That mood is dower indeed. |
| 1:05.0 | Polls point to an unprecedented loss for the nationally ruling Labour Party. Now, we must say that polls can, |
| 1:13.6 | and often are wrong, but these elections come at a tricky and crucial time for Kirstama. |
| 1:20.6 | Over the past few weeks, he has been under pressure to explain the appointment of Peter |
| 1:24.3 | Mandelson as a U.S. ambassador despite known links to the disgraced |
| 1:28.6 | financier Jeffrey Epstein. Meanwhile, the economy is sputtering and could get worse if inflation |
| 1:34.9 | intensifies amid the Iran crisis. Output may only grow 0.8% this year, far below the 1.4% |
| 1:42.7 | that Chancellor Rachel Reeves envisioned in her budget. |
| 1:46.1 | If Starmat's party is clobbered in today's vote, there's a chance his party may demand |
| 1:51.7 | his exit. |
... |
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