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Newscast

The Epstein Files And "The Invisible Man"

Newscast

BBC

News, Daily News, Politics

4.36.6K Ratings

🗓️ 23 December 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

Today, the US department of justice has released the largest amount of so-called “Epstein files” so far - but what exactly is in the latest batch? Among the latest files is an email from someone called ‘A’ from ‘Balmoral’ asking Ghislaine Maxwell for ‘inappropriate friends’. Adam is joined by Sumi Somaskanda, the BBC's Chief News Presenter in Washington D.C.

Plus, the Government has watered down their inheritance tax plan for farms. Environment Secretary Emma Reynolds says the government has “listened closely to farmers across the country” and that they want to support the farms and businesses “that are the backbone of Britain's rural communities.” Adam and Alex Forsyth discuss where this policy climbdown has come from, and why now?

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Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.

New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Rufus Gray and Grace Reeve. The social producer were Joe Wilkinson, Sophie Millward, and Gabriel Purcell-Davis. The technical producer was Ricardo McCarthy. The assistant editor was Jack Maclaren. The senior news editor is Sam Bonham.

Transcript

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0:00.0

Hello, as I said on Monday's episode of Newscast. Even though the Christmas holidays are well underway, the news has not stopped. We have had the largest drop yet of the so-called Epstein files from the Department of Justice in America, and journalists are combing

0:21.7

through thousands and thousands of emails, documents, pictures, videos and voice notes. And also,

0:29.0

the government has changed tack on one of its big controversial policies, how agricultural

0:34.6

land was going to be treated for inheritance tax purposes,

0:37.9

which had been the subject of a 13-month campaign by farmers.

0:42.0

So that was the first thing I talked about with Alex on this episode of Newscast.

0:46.9

Newscast from the BBC.

0:49.3

Fat boy sliver me in the classroom doing our violin lessons.

0:52.2

I was the tappletail in the class.

0:53.5

Can I have an apology, please? I trust almost nobody. That daddy has to sometimes do strong language. Next time in Moscow. I feel delulu with no salulu. Take me down to Downey Street. Let's go have a tour. Blimey. Hello, it's Adam in the newscast studio. And it's Alex in the newscast studio.

1:11.8

And a little bit later on, we will cross to the US to find out the latest dump of files from the Trump administration about Jeffrey Epstein.

1:19.5

Because there's quite a lot to talk about there.

1:21.2

But first of all, we're going to talk about going on in British politics.

1:24.3

And Alex, I mean, I was saying this yesterday to Lucy Powell.

1:27.1

Like normally this period for political news is very quiet because Parliament isn't sitting. MPs are in the constituencies doing their Christmas cards. But we've had quite a few quite large news stories. Yeah. And I actually thought I was in for a right quiet shift the day before Christmas Eve. You know, I was going to catch up and everything I had to get done work-wise, ready for the new year.

1:45.5

But, uh-huh, no, no, because as I was on my way into work, so came the news that there had been a really significant shift in government policy about what has been a really hotly contested issue for the past, well, over a year. So what was the original policy then

2:03.5

that Richard Reeves came up with in the budget in 2024? Yeah, so this was last year's budget.

2:09.8

And it was in the simplest terms that for people who own farmland that wanted to pass that

2:15.5

farmland on when they died, they were going to

2:17.8

have to start paying inheritance tax. Now, the policy was, it was those assets, those farmland

2:23.3

assets that were worth over a million pound, would have to start paying a reduced rate of

2:28.5

inheritance tax, so 20%, whereas other estates, the rate is 40%. Now after that was announced there was just a really

...

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