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Politics Unpacked

The Battle For Big Ideas

Politics Unpacked

Anna Covell

News, Politics, News & Politics

4.11.4K Ratings

🗓️ 31 March 2026

⏱️ 35 minutes

🧾️ Download transcript

Summary

With Labour and The Tories parties losing ground to populists - have centrist parties run out of ideas, or just politicians who can sell them? 


Hugo Rifkind unpacks the politics of the day with James Marriott and Fraser Nelson.


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Transcript

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0:00.0

Well, hello, I'm Hugo Rifkin, and now we're going to be unpacking the politics of the day.

0:09.8

As Kirs Starmus stares down the BMA to the Conservative push to get Britain drilling now,

0:14.8

we're also going to be asking whatever happened to the heavyweight political thinkers.

0:17.9

But joining me, I've got two of them.

0:19.9

And they are The Times is James Marriott.

0:21.9

Hello, James.

0:22.6

Good morning.

0:23.2

Good morning.

0:23.5

How are you? Good. Not a heavyweight political thinker, I don't think. Well, you will be in 45 minutes. And also, Fraser Nelson, hello Fraser. I'm more midweight. No, you're the definition, heavyweight political thinker. You're the Muhammad Ali in comment.

0:37.8

No?

0:38.3

More than George from me, actually.

0:39.9

Well, either's good.

0:40.9

Let's be honest. heavyweight political thinker. You're the Muhammad Ali comment. No? More than George

0:38.8

former, actually. Well, either's good. Let's be honest. Let's start with oil and gas and fuel

0:45.4

and crisis and all that. The Times has revealed that the Chancellor is set to benefit for an extra

0:49.5

£20 million in tax revenues a day thanks to surging oil and gas revenues. That's going to result

0:55.3

in an extra £8 billion if prices stay elevated for 12 months. Please God they don't, which is about

1:00.7

a third of the total raised by fuel duty last year according to the OBR. Stig Abel put this to the

1:05.8

Chief Secretary to the Treasury James Murray on Times Radio Breakfast. So you're not going to be better off

1:10.5

because of this war,

1:11.3

is the question. Look, higher energy prices are not good news for anyone. Let's be clear about that.

1:16.9

High energy prices are not good for households, not good for businesses. They're not good for us

...

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