Hello, Chris.

Hi.

Shall we just explain what we're doing?

I think we are acknowledging that our conversation not many hours ago has been completely overtaken by events.

It's a classic newscast scenario.

Is that right?

Yes.

So what you will hear in a minute is the episode of newscast we recorded on Thursday evening, looking back at the week's big events, obviously one of which was the impending

U-turn on the government's changes to the benefit system. And at the point, when we recorded it,

we knew something was coming, we knew the U-turn was coming, we just didn't know if it would be

that night, the next day, next week, and the actual content of it. But our analysis of the state

of the Labour Party and Kira Starmer's prime

ministership, I think still stands. Just what we've got now is the fact that the U-turn is happening

and the details. And Chris, do you want to just summarize what we've learned? Yeah, that was an admirable

patch-up job, I think. So yeah, about five minutes after I left, newscast HQ, my phone went

nuts and it all changed. Or it did eventually by about

half past midnight on Friday, on Friday morning. So what's changed is, you'll recall this

set of measures about the benefit system, the idea of saving five billion pounds by the end of

this decade, by taking a look at the personal independence

payment, the main disability benefit and elements of universal credit as well.

Massive row and the government has decided that nothing will now change for existing recipients

of those benefits. They will be less generous for new recipients signing up

...