Labour’s descent into ‘miserabilism’
Political Fix
Financial Times
4.2 • 1.2K Ratings
🗓️ 30 August 2024
⏱️ 37 minutes
🧾️ Download transcript
Summary
A 'painful' Budget awaits this autumn and things will get 'worse before they get better', Sir Keir Starmer warned this week. But is Labour taking a risk projecting such a gloomy outlook? Political Fix host Lucy Fisher is joined by regulars Stephen Bush and Robert Shrimsley, as well as FT economics editor Sam Fleming, to consider how the new government might fund the fiscal black hole it claims the Tories left behind – and find a message of hope. Plus, the group analyses who’s ahead and who’s falling back in the Tory leadership race.
Follow Lucy on X: @LOS_Fisher, Stephen @stephenkb, Robert @robertshrimsley, Sam @Sam1Fleming
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Presented by Lucy Fisher. Produced by Tamara Kormornick with Leah Quinn. The executive producer is Manuela Saragosa. Sound engineering by Jean-Mark Eck with original music by Breen Turner. Broadcast engineering by Andrew Georgiades and Rod Fitzgerald. The FT’s head of audio is Cheryl Brumley.
Read a transcript of this episode on FT.com
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Transcript
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| 0:24.4 | Robert, I mean the miserableism, is it getting too much for you? |
| 0:29.7 | I hope not because there's going to be an awful lot more of it we're going to have to put up with |
| 0:34.8 | I mean they've got the two black holes haven't they got the money black hole and the state of the country |
| 0:38.7 | black hole and they're going to drone on about this for as long as they can possibly get away with it. |
| 0:48.0 | Welcome to political fix from the Financial Times with me Lucy Fisher. |
| 0:52.0 | MPs are gearing up to return to Westminster next week, meaning the summer is almost well and truly over. |
| 0:54.4 | And what a difference a couple of months make. In July, Labour won on a ticket that promised change. |
| 0:59.7 | This week's stama warned that would mean pain. |
| 1:02.5 | But how much and who will feel it the most? |
| 1:05.0 | And is it all too well gloomy? |
| 1:07.5 | To discuss it all, I'm joined in the studio by political fix regular Robert Shimsley, |
| 1:11.2 | Hi Robert, |
| 1:12.0 | Hello Lucy. |
| 1:13.0 | And Stephen. |
| 1:14.0 | Hi Stephen. |
| 1:15.0 | Hi Lucy. |
| 1:16.0 | And today we've got the F.T.'s economics editor Sam Fleming with us. |
... |
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