PRE-BUDGET SPECIAL - with Tom Baldwin

The Two Matts

The New World

News, News Commentary, Government, Politics

4.4 • 523 Ratings

🗓️ 25 November 2025

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Matts are joined by Labour insider and New World contributing editor Tom Baldwin - fresh from his in depth interview with the woman of the hour, Chancellor Rachel Reeves. Tom explains what’s going on in Reeves’ head (lots) and how she faces an unprecedented challenge - calming a febrile electorate while delivering enough visible progress to keep Reform out of government. Is she up to the job? Listen to find out. Then the conversation turns to her boss - Keir Starmer. Can he really beat Farage and if so, how? Tom makes the best case the Matts have yet to hear for why Starmer is precisely the man for the job - but it comes with a massive caveat. Something fundamental has to change about how Number 10 goes about it. It’s a deeply insightful conversation from a man who understands the trials and tribulations of this Labour government as well as anyone. Enjoy.

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Transcript

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0:00.0	Now, before we get into the podcast, a quick message.
0:02.2	The New World is journalism with a spine, smart, sharp, and it's asking the questions others
0:07.4	dodge.
0:08.4	We dig into power, hypocrisy, and the hidden forces shaping politics and culture, with writing
0:14.0	that respects your intelligence and never waste your time.
0:18.3	So if you're tired of the noise, craving clarity, the New World is where you
0:23.3	belong. So subscribe now. Find out what's making us the fastest growing political and cultural
0:29.0	magazine in the UK for the past four years running. And you'll discover a magazine that doesn't
0:35.7	just give you great journalism,
0:39.3	it gives you great hope for the future.
0:41.6	Go to the newworld.com.com. UK forward slash two mats.
0:44.4	That's the number two, M-A-T-T-S,
0:47.0	for a very special offer just for two-mats listeners.
0:50.8	That's the newworld.com.com.
0:52.1	UK forward slash two mats. Enjoy the podcast.
1:00.5	Hello and happy Tuesday. Happy Tuesday one and all. Happy budget eve for it is. Eve of budget.
1:08.4	It is the long-awaited budget. Eve of the smorgasbord. And we've got, who better? Tiny Tom. We've got Tiny Tom. Tom, not tiny at all. God bless us everyone. God bless him. Tom Baldwin. The mighty. The mighty. The great and powerful. Variously known as Keirarrma's friend I heard you described of the other day,
1:29.2	but certainly Kirstarmer's biographer.
1:31.1	Thank you.
1:31.8	And more importantly than anything, contributing editors to the New World.
1:36.2	And Tom, you've been spending a lot of time lately with Rachel Reeves,
1:39.9	as was spelt out at some length in the times last week.
	...

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