Labour and business: friends or foes?
Political Fix
Financial Times
4.2 • 1.2K Ratings
🗓️ 6 September 2024
⏱️ 40 minutes
🧾️ Download transcript
Summary
With a planned overhaul of employment law imminent and moves to renationalise rail companies, we’re asking whether Labour has got it in for business. The FT’s Lucy Fisher is joined by colleagues Miranda Green and Jim Pickard to discuss the Labour government’s apparently more interventionist approach to business. Plus Middle East editor Andrew England joins the panel to analyse the UK government’s decision to suspend some arms export licences to Israel.
Follow Lucy on X: @LOS_Fisher, Jim on @PickardJE, Miranda on @greenmiranda and Andrew @cornishft
Want more:
Priti Patel knocked out of Tory leadership contest as Robert Jenrick tops first poll
Labour stands on the law to defend UK policy shift on Israel
‘Incompetence, dishonesty and greed’: Key findings of Grenfell report
Tory HQ becomes ‘ghost ship’ after wave of senior staff exits
Water executives to face jail if they obstruct UK investigations
Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award.
Presented by Lucy Fisher. Produced by Clare Williamson. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. Broadcast engineers Andrew Giorgiades and Rod Fitzgerald. The FT’s head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | BP is working to bring more lower carbon energy to the UK, like developing offshore wind, |
| 0:06.2 | and we're keeping oil and gas flowing from the North Sea. |
| 0:09.5 | It's and not all. That's how BP is backing Britain. |
| 0:13.8 | Well today we're mostly in oil and gas. |
| 0:16.2 | We increased the proportion of our global annual investment that went into our lower carbon |
| 0:20.4 | and other transition businesses from around 3% in 2019 to around 23% in |
| 0:26.0 | 2023. VP.com slash and not all. |
| 0:30.0 | Miranda the scent of interventionism I can smell it in the air. What about you? |
| 0:35.5 | I think it is in the air, but if, for example, you look at the front page of the Daily |
| 0:40.1 | Telegraph, that conservative organ, the anger is all against, for example, the water |
| 0:45.6 | companies about sewage or the lack of accountability over the Grenfell Tower tragedy. |
| 0:50.4 | So I'm not sure there's a kind of public objection to this mood of intervening to |
| 0:55.3 | regulate to deliver better for people the great question mark is whether it will |
| 0:59.4 | deliver better for people. |
| 1:02.4 | Hello I'm Lucy Fisher and this is political fix from the Financial Times. |
| 1:07.0 | Coming up, Labor and Business, Friends or Foes. |
| 1:11.0 | Chief executives are fretting about Labour's planned overhaul of employment laws |
| 1:15.5 | and a far more interventionist approach to business. Plus the Tory leadership contest. |
| 1:20.6 | Ritchie Patel is out, Robert Ginrich is riding high and meanwhile Tori |
| 1:25.4 | HQ has become a ghost ship after a wave of senior staff exits. To discuss it all |
| 1:30.5 | I'm joined in the studio by my FT colleagues Miranda |
| 1:33.2 | I'm Miranda. Hello Lucy and Jim Picard. Hi Jim. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Financial Times, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Financial Times and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.