Scunthorpe's steel and Birmingham's bins: a tale of two Labours
Panic has subsided over the British Steel crisis as Deputy Prime Minister Angela Rayner, while visiting the site in Scunthorpe, confirmed that the raw materials needed to keep the furnaces running have been secured. While questions remain over the long-term future of the site, the Government are quite confident in their handling of the crisis so far – something not unhelpful with just over two weeks to go from the local elections. Less helpful is the news that over in Birmingham workers have rejected a pay deal with the Labour-run city council; the bin strike will continue. Is there more the government could be doing to end the dispute?
Political editor Katy Balls and former Political Secretary to Tony Blair John McTernan join Patrick Gibbons to discuss.
Produced by Patrick Gibbons.
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10:06
'Nationalisation in all but name': the blame game over British Steel
Parliament was recalled from Easter recess for a rare Saturday sitting of Parliament yesterday, to debate the future of British Steel. Legislation was passed to allow the government to take control of the Chinese-owned company – Conservative MP David Davis called this 'nationalisation in all but name'. Though, with broad support across the House including from Reform leader Nigel Farage, the debate centred less around the cure and more around the cause.
Katy Balls and James Heale join Patrick Gibbons to discuss the debate, the political reaction and how much of a precedent this sets for Starmer.
Produced by Patrick Gibbons.
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11:11
Tariff turmoil: the end of globalisation or a blip in history?
Globalisation's obituary has been written many times before but, with the turmoil caused over the past few weeks with Donald Trump's various announcements on tariffs, could this mark the beginning of the end for the economic order as we know it?
Tej Parikh from the Financial Times and Kate Andrews, The Spectator's deputy US editor, join economics editor Michael Simmons to make the case for why globalisation will outlive Trump. Though, as the US becomes one of the most protectionist countries in the developed world, how much damage has been done to the reputation of the US? And to what extent do governments need to adapt?
Produced by Patrick Gibbons.
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16:56
The economy is growing!
Finally, some good news for your Friday: the economy is growing! Just when everyone seems to be revising down expectations of growth, the Office for National Statistics (ONS) estimates that GDP grew by 0.5 per cent in February. It also revised January’s figures upwards to give growth for the last quarter of 0.6 per cent, and annual growth of 1.4 per cent. It looks – for now – that the Reeves recession has been put on hold and that Labour's growth agenda could be working.
That said, Labour cannot afford to celebrate just yet. There is reason to believe the figures could be overstated, and there are some trust issues with the ONS – the government last week announced a review of its ‘performance and culture’. These figures also do not take into account the tumult caused by Trump's tariffs. So what can we read into them? Will Trump undo Labour's progress?
Lucy Dunn speaks to Michael Simmons and Katy Balls.
Produced by Oscar Edmondson.
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10:32
'The art of the deal'?
Two days ago, talk of a 90-day pause on Donald Trump’s ‘reciprocal tariffs’ was branded ‘fake news’ by the White House. But yesterday, the President confirmed a 90-day pause on the higher tariff rates on all countries apart from China. There is some confusion about whether this was The Donald's plan from the start – although the safe assumption is that it wasn't, and that someone senior in the White House sat him down and explained the market chaos he has caused. Is this 'the art of the deal’?
Regarding China, the President wrote: ‘Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125 per cent, effective immediately.’ This is an increase on Trump’s part from the 104 per cent levy, which China countered with an 84 per cent tariff on American imports. What should we expect from the US–China trade war?
Katy Balls speaks to Cindy Yu and Kate Andrews.
Produced by Cindy Yu and Oscar Edmondson.
Instant political analysis from the Spectator's top team of writers, including Michael Gove, Katy Balls, Isabel Hardman, James Heale, Cindy Yu and many others.