What a week it’s been. The Bank of England was forced into a £65bn intervention to head off a pensions crisis triggered by new Chancellor Kwasi Kwarteng’s Financial Statement which proposed a 5p in the pound cut in the top rate of income tax, funded by massive borrowing.
The markets were spooked, and a round of local radio interviews with Liz Truss to retrieve the situation was generally regarded as being not so much a car crash as a multi vehicle pile up. Meanwhile, off the back of a Party Conference that proposed a publicly owned green energy company, Labour has amassed a 33 point lead in the polls.
Adrian Goldberg hears analysis from Sam Bright, Byline Times Investigations Editor and author of Fortress London; Why We Need To Save The Country from its capital and Adam Bienkov Byline Times Westminster correspondent.
Produced in Birmingham by Adrian Goldberg and Harvey White.
Funded by subscriptions to Byline Times.
Hosted on Acast. See acast.com/privacy for more information.