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19 August 2022

Are the Tories in trouble over the economy?

Soaring inflation, falling wages and striking workers are putting pressure on Liz Truss and Rishi Sunak.

UK inflation has risen above 10 per cent for the first time in 40 years, driving the fastest fall in real pay on record. The defining challenge for the next prime minister will be preventing millions from facing destitution this winter.

Rachel Wearmouth and Freddie Hayward are joined by Emma Haslett, the New Statesman’s associate business editor, to discuss the economic downturn and Britain’s “zombie” government. They also talk about recent polling indicating the Conservatives are no longer seen as more competent with the economy than Labour, and examine public sympathy with striking transport workers.

Then, in You Ask Us, a listener asks whether the leaked recording of Liz Truss saying that British workers need “more graft” and lack the “skill and application” of foreign rivals like the Chinese, will damage her chances of becoming the next PM.

If you have a question for You Ask Us, email podcasts@newstatesman.co.uk.

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Select and enter your email address Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Our Thursday ideas newsletter, delving into philosophy, criticism, and intellectual history. The best way to sign up for The Salvo is via thesalvo.substack.com Stay up to date with NS events, subscription offers & updates. Weekly analysis of the shift to a new economy from the New Statesman's Spotlight on Policy team. The best way to sign up for The Green Transition is via spotlightonpolicy.substack.com
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