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Economist Podcasts

Oh Keir! Labour’s torrid first year

Economist Podcasts

The Economist

News & Politics, News

4.44.9K Ratings

🗓️ 4 July 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

After a landslide victory and promises for radical renewal, Britain’s Labour government is failing in policy and popularity. Our correspondents explain why. Nearly a year after the despotic prime minister of Bangladesh fled, an interview with its new leader on the country’s complex challenges. And why other carmakers struggle to catch up with Ferrari.


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Transcript

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0:00.0

Blockchain. Crypto. It's happening to investments, currency, food trucks. Yes, payments are possible

0:06.2

with crypto now. But it's not just happening to tortilla chips. Also, microchips. You can trade

0:11.8

tokenized real world and digital assets. So it's happening to assets, trading, industries,

0:17.4

economies, and pretty much everything else. And it's happening with Ripple.

0:22.2

For informational purposes only, not an offer or inducement.

0:24.9

For investment professionals and high net worth companies,

0:27.1

FSMA 2000 financial promotion order.

0:33.1

The Economist.

0:46.1

Thank you. The Economist Hello and welcome to the intelligence from The Economist.

0:47.9

I'm your host, Rosie Bloor.

0:52.7

Every weekday, we provide a fresh perspective on the events shaping your world.

1:02.9

This week, Bangladesh's former Prime Minister Sheikh Hasina was sentenced in absentia to six months in prison by a domestic court. Nearly one year after she fled the country, our

1:08.1

correspondent analyses how its new leader is doing.

1:13.2

And say Ferrari, and we can all summon up the slick super-fast car.

1:18.2

Not quite so many of us actually own them.

1:20.8

And given the cost, most of us never will.

1:23.6

So how is the company still doing so well?

1:42.5

Yeah. So how is the company still doing so well? But first... It's been a humiliating week for Britain's Labour government.

1:46.8

Elected in a landslide and promising radical renewal,

1:50.1

it since had to scrap many of its plans to save money or to get its own party to back it.

1:56.3

Labour MPs backed what was supposed to be one of the government's flagship welfare reforms,

2:01.9

but only after ministers stripped out its most controversial elements.

...

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