The Capitalist is the podcast that champions free markets, fresh ideas, and thoughtful solutions. Join sharp minds from business, politics, and beyond for intelligent debate and optimistic conversations about building a brighter, market-driven future for Britain. Brought to you by the team behind CapX's unmissable daily briefings from the heart of Westminster. Hosted on Acast. See acast.com/privacy for more information.
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President Trump’s tariff blitz hits a legal snag — but he's showing no signs of backing down. Marc Sidwell is joined by National Review Institute’s Dominic Pino and the journalist Harry Phibbs to assess what comes next for transatlantic trade. Plus: can Britain turn Washington’s assault on academia into an opportunity? And as China races ahead in t…
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Despatch: Life, Liberty, and the Pursuit of Cheese
6:08
6:08
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6:08What does chasing a wheel of cheese down a dangerously steep hill say about Britain — and the state? In this Despatch, James Price of the Adam Smith Institute finds wisdom in one of our most eccentric traditions: Gloucestershire’s infamous cheese rolling. What begins as a bruising ritual becomes a spirited case for liberty, localism, and limited go…
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Special Edition: Reviving the High Street with Samuel Hughes
18:47
18:47
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18:47A special edition on the future of Britain’s high streets. As department stores disappear and civic spaces fall silent, we ask: what’s next for the beating heart of our towns? Samuel Hughes, an editor at Works in Progress and fellow at the Centre for Policy Studies, joins us to explore practical ways to revive our high streets. From imaginative pub…
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This week's Despatch offers a sharp warning to the Conservative Party from inside the tent. Former Tory candidate William Wellesley argues that the answer to Reform UK’s rise isn’t mimicry — it’s honesty. In a measured but damning critique, Wellesley calls out decades of spin, soundbites and shallow promises from across the political spectrum — and…
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Border Lines: Can Labour’s Migration Gamble Pay Off?
30:06
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30:06Karl Williams of the Centre for Policy Studies and economist Julian Jessop take a clear-eyed look at the politics and economics of migration. Two decades ago, the UK opened its doors to eastern Europe. A modest prediction of 13,000 arrivals became 1.5 million — a shift that continues to shape British politics. Now, with Reform UK on the rise, Labou…
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Despatch: Bordering on Failure – Is Labour Serious About Reform?
8:37
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8:37In this week’s Despatch, Karl Williams of the Centre for Policy Studies unpacks Labour’s long-awaited immigration white paper — and asks whether anything’s really changed. From sky-high net migration targets to fudged visa reforms and a rebrand of the widely abused ‘shortage occupation’ list, Labour’s plans are long on rhetoric but risk being short…
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In Conversation: Fraser Nelson, Richard Reeves and Nicholas Eberstadt
36:24
36:24
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36:24For the first time in modern British history, young men are now more likely than young women to be out of education, employment or training. It’s a trend mirrored across the Atlantic — and it raises a stark question: are boys and men being left behind? In this special edition, we bring you a timely conversation exploring the data, the causes, and t…
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Despatch: Ignore the doubters, more trade with India is win-win
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7:00
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7:00Harry Phibbs takes a scalpel to Britain’s new free trade deal with India. Is it a triumph for post-Brexit Britain — slashing tariffs, boosting growth, and bringing down prices? Or does the small print on visas and taxes muddy the waters? From trade triumphs to immigration tensions, Phibbs unpacks the political spin and the economic reality — and ex…
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In this special Bank Holiday edition, Marc Sidwell is joined by Dr Lawrence Newport from the Looking for Growth campaign for a sharp and solutions-focused conversation on how to reignite Britain’s economic engine. From planning delays to regulatory sprawl, we examine the blockages stalling national progress — and lay out a bold vision to get Britai…
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Despatch: Wake up Tories, Reform are on the march
5:38
5:38
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5:38The by-election in Runcorn & Helsby has sent shockwaves through Westminster — not because Reform UK squeaked to victory, but because what once looked like a protest vote now smells like a political realignment. In this special weekend Despatch, Conservative Home's Henry Hill unpacks why Reform’s close win changes the narrative, and why the Tories a…
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From Beijing to Bangalore: A New Economic Order?
28:40
28:40
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28:40As Chancellor Rachel Reeves treads a delicate path in Washington, Britain finds itself caught between diplomacy and hard economics — will tariff relief be enough to steady the ship? Meanwhile, Apple’s dramatic pivot to India signals just how deeply Trump’s sweeping trade war is reshaping global business. Could a world less reliant on Beijing ultima…
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Runcorn and Helsby has been Labour’s turf for decades — but the ground is shifting, and Reform UK can smell blood. In this week’s edition of Despatch, Gawain Towler — former director of communications for Reform UK — takes us inside the Cheshire constituency where poverty is entrenched, campaigning is curiously absent, and Keir Starmer’s team seems…
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Global Growth Is Faltering — Can Britain Sprint Ahead?
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31:36
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31:36Is Britain ready to outpace a stalling global economy? As fresh figures show growth grinding to a halt, The Capitalist asks whether the UK can still carve a bold new path forward. With Chancellor Rachel Reeves heading to Washington, is a transatlantic trade deal within reach — or is Britain about to be caught in a clash of superpowers? Plus: nation…
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Despatch: Steel Trap — Why Nationalisation Won't Work
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5:55
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5:55Harry Phibbs asks a pointed question in this week's Despatch: if nationalisation has failed before, why are we doing it again? With Parliament recalled for an emergency Saturday sitting to save British Steel, the political consensus was deafening — and expensive. But is this really a matter of national security, or just another costly round of stat…
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Economic Nostalgia vs. the Hard Work of Growth
33:48
33:48
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33:48A dramatic Saturday recall of Parliament delivers a last-minute reprieve for British Steel — but is it a genuine industrial strategy, or just another short-term fix? Meanwhile in Washington, President Trump promised to revive American manufacturing. But can you really rebuild the past — or is this economic cosplay doomed to fail? Broadcaster Albie …
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Britain isn’t broken — but it is stuck. In this urgent Despatch, Julia Willemyns, co-founder of the Centre for British Progress, makes the case for boldness over drift. Why has growth stalled? Why does everything feel harder, slower, smaller than it should? And why have both Left and Right abandoned the ambition to build? With sharp insight and a r…
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Backlash Economics: When Policy Meets Pocketbooks
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33:39
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33:39What happens when the world’s biggest economy slams the brakes on global trade? In just weeks, Donald Trump’s tariff blitz has shattered decades of US-led liberalisation — and the fallout is only just beginning. As prices creep higher and wallets tighten, will the political backlash bite harder than the economic one? And in the UK, could fiscal fea…
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Despatch: Mel Stride, Robert Colvile, David Miles and Alys Denby
33:49
33:49
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33:49Rachel Reeves entered her first Budget with a familiar refrain—blaming the Conservatives for the difficult choices ahead. But now, the focus has shifted to her own decisions, particularly the impact of tax rises on business confidence, jobs, and growth. Can her latest fiscal measures break Britain free from economic stagnation, or have they only de…
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Regulation Nation: Why Britain is Losing Its Best and Brightest
29:29
29:29
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29:29Rachel Reeves envisions Britain as a “defence industrial superpower” — but does the industry exist to match the ambition? Meanwhile, London eyes Brussels for a reset, with hopes that closer ties could unlock growth. And amid high taxes and tight regulation, is Britain’s economic model locked in for good? Marc Sidwell is joined by Julian Jessop and …
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Despatch: Our Growth Problem is a Productivity Crisis
6:02
6:02
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6:02Britain is spending more than ever—but getting less. Public debt is soaring, growth is non-existent, and dissatisfaction with public services has never been higher. The government talks tough on cuts, but the real crisis is deeper: a bloated state that punishes efficiency and rewards failure. The one word no politician dares to take seriously? Prod…
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Special Edition: Spring Statement Slashes Growth
25:13
25:13
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25:13A reality check for Britain’s economy? Chancellor Rachel Reeves’ Spring Statement reveals growth forecasts have been slashed in half. Can Labour still deliver on its economic pledges? City AM’s Alys Denby weighs in. Plus: a bold call for reform from Andrew Griffith, Shadow Secretary for Business and Trade, as he sets out his vision following the la…
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Kemi Badenoch’s political journey was shaped by first-hand experience of government overreach and the stifling effects of socialism. In this special Despatch, the Conservative leader delivers a powerful speech on the values that brought her into politics—and the lessons she’s drawn from Margaret Thatcher. Her message? Real change demands courage, c…
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George Osborne, Robert Colvile, and Professor Sir Niall Ferguson
59:27
59:27
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59:27As Britain reflects on 50 years since Margaret Thatcher took the helm of the Conservative Party, the outlook for free-market thinking—and a dynamic economy—has rarely seemed so uncertain. In this special edition, CapX Editor-in-Chief Robert Colvile is joined by former Chancellor George Osborne and Professor Sir Niall Ferguson of the Hoover Institut…
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Despatch: CANZUK vs. the World — The Case for a Fourth Global Power
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5:34
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5:34As the world shifts and alliances evolve, could a partnership between Canada, Australia, New Zealand, and the UK form a Fourth Global Power? While CANZUK wouldn’t rival the US militarily, its collective strength would command the kind of respect that Washington—especially under leaders like Trump—reserves for serious players. With global instabilit…
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Tough Talk, Weak Results: How Tariffs and Moscow Hurt the US
26:32
26:32
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26:32With US support for Ukraine waning, can Europe step up before the situation spirals? Plus, are Trump’s tariffs making Washington a volatile trading partner? And what lessons could the UK take from Texas on prison reform? CapX's editor Marc Sidwell is joined by Frances Lasok from the Conservative Policy Forum and Conservative Home’s Harry Phibbs to …
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As Trump humiliates Zelensky, has Washington quietly decided to switch sides? In this Despatch, Bruce Anderson dissects a moment of historic uncertainty—one that rivals the upheaval of the post-Pearl Harbor years. With Europe forced to rethink its reliance on US protection and negotiations with Moscow looming, what comes next for Ukraine, NATO, and…
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Washington’s New Best Friend? Trump, Putin, and the Future of Ukraine
31:06
31:06
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31:06After last week's stunning scenes in the White House, murmurs of President Zelensky’s downfall are growing louder. Could he be sidelined in favour of a Kremlin-friendly puppet? Meanwhile, Washington hints that Britain could dodge tariffs with the right deal—but can London really bank on special treatment? And as BP shifts back to oil, is this a pra…
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Britain is at a crossroads. As high costs, stagnation, and failing public services push talented young people abroad, a new wave of problem-solvers is choosing to stay and rebuild. Jack Hutchison from Civic Future dives into the forces driving this "fight or flight" moment—examining why Britain is losing skilled workers, who’s stepping up to fix it…
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AI Hype, Trump’s Economic Woes & The Decline of Debate
33:11
33:11
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33:11Microsoft’s Satya Nadella says it’s time to separate AI’s real impact from the noise: true success isn’t measured in viral demos but in global GDP growth. So, is AI delivering—or are we buying into a bubble? Meanwhile, Donald Trump’s approval ratings are slipping as household costs rise. And as MPs swap rigorous debate for social media grandstandin…
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Despatch: There’s no point in democracy without debate
6:16
6:16
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6:16In an age of soundbites and social media grandstanding, has real Parliamentary debate become obsolete? Barrister Harry Gillow cuts through the noise to examine why scrutiny still matters—and what happens when lawmakers fail to do their job. From botched bills to rushed legislation, we expose the cracks in the system and the consequences for Britain…
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Economic Missteps: How Reform UK Is Squandering Its Credibility
25:43
25:43
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25:43Has Reform UK's energy plan exposed the party's economic failings? And will Kemi Badenoch capitalize on this misstep? Marc Sidwell is joined by Dr Lawrence Newport and Albie Amankona to break down a week of political turbulence. Plus: Emmanuel Macron warns of the “electroshock” of a Trump return. But will his call for looser fiscal rules get tracti…
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Dominic Cummings has spoken, and—no surprise—he’s not impressed. The Tories are “intellectually dead,” Kemi Badenoch is a “bad joke,” and Nigel Farage is more famous than the entire shadow cabinet combined. But while Badenoch’s allies insist she just needs time, time is precisely what she doesn’t have. The Conservatives are slipping, Reform is risi…
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Political Meltdown: Labour Stumbles, Tories Collapse
34:37
34:37
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34:37Sir Keir Starmer just hit the reset button on his struggling government, but will voters buy it? We break down his six-hour crisis meeting, the economic warning signs, and whether Labour can regain control of the narrative. Plus: The Conservatives are staring into the political abyss—can they claw their way back? And with tech giants eyeing greener…
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Despatch: Imagine a Britain where you can just do things
7:07
7:07
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7:07Is Britain losing its edge? While US entrepreneurs are launching rockets, breaking the sound barrier, and rewriting the rules of innovation, the UK is stuck in a cycle of red tape and hesitation. Ross Kempsell, member of the House of Lords, delivers sharp, no-nonsense analysis on why Britain must embrace a bold, founder-first mindset—or risk fallin…
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The Cost of Defiance: Can the UK Survive the Trump Effect?
31:56
31:56
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31:56Is Britain’s post-Brexit plan coming undone? As the US torpedoes the OECD’s global tax deal, the UK’s fiscal strategy is left in limbo—was it too quick to play by the rules? Meanwhile, Nigel Farage’s Reform UK is shaking up the political landscape, but with public regret over Brexit at an all-time high, where does that leave the country? And on def…
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Despatch: Can Rachel Reeves get growth back on track?
7:08
7:08
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7:08The new Government faces a tall order: it must deliver on the same growth promises others have made, but do it better. A tough task, especially with tensions brewing between Rachel Reeves and colleagues pushing their own agendas. Despatch is a fresh addition to The Capitalist, delivering standout writing from the team behind CapX's unmissable daily…
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Britain’s Bottleneck: Why Bold Reforms Are Stuck in Neutral
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29:55
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29:55With a healthy majority in Parliament, what’s stopping Britain’s Government from enacting the kind of sweeping policy changes we’re seeing in the United States? Michael Binyon from The Times and the National Review Institute’s Dominic Pino share their insights, plus: will tariffs force Putin’s hand in Ukraine? And how can we restore consumer optimi…
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Despatch: Heathrow airport, an allegory of our decline
7:11
7:11
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7:11Extending an existing runway at Heathrow is a solution more economical and environmentally astute than constructing an entirely new third runway. It would result in lower carbon emissions, reduced noise pollution, and its implementation would be phased – a blueprint of pragmatic innovation. So why has the proposal been ensnared in a years-long laby…
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Can Britain strike a deal with President Trump and avoid the looming tariff trap? Why are leaders in the UK and the US falling short of the so-called "Reagan test"? And, could the UK be on the cusp of creating its own billion-pound tech titan? Join Douglas Carswell from the Mississippi Centre for Public Policy and author of The Conservative Futuris…
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As rents climb ever higher, you’d think the Government would aim to make renting easier. Yet the new Renters' Rights Bill threatens to do just the opposite. Instead of delivering on its promises, the legislation risks making the rental market less accessible and less equitable. Despatch is a fresh addition to The Capitalist, delivering standout wri…
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In this debut edition of The Capitalist: a bold new political movement takes aim at red tape to get Britain building, the Chancellor faces criticism over an economy teetering on the edge, and the Conservatives grapple with the path to reinvention. Insightful, sharp, and always forward-looking. Find out more about Looking for Growth by visiting thei…
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Despatch: It's time to remake the case for conservatism
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7:27Despatch is a fresh addition to The Capitalist, delivering standout writing from the team behind CapX’s indispensable daily briefings. In this debut edition, Emma Revell, External Affairs Director at the Centre for Policy Studies, explores why the case for conservatism must be reimagined and communicated in a language that resonates with modern aud…
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A preview of The Capitalist, a new podcast from the team behind CapX's unmissable daily briefings from the heart of Westminster. Join sharp minds from business, politics, and beyond for intelligent debate and optimistic conversations about building a brighter, market-driven future for Britain. Subscribe now so you don't miss the series premiere in …
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CapX's Christmas podcast: Heroes and villains of 2023
40:48
40:48
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40:48CapX Editor Alys Denby runs through the people and policies that made 2023 another peculiar year in politics, with Poppy Coburn, Assistant US Opinion Editor at the Telegraph, William Atkinson, Assistant Editor at Conservative Home and Joseph Dinnage, Deputy Editor of CapX. Stay informed with CapX's unmissable daily briefings from the heart of Westm…
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Analysing the Autumn Statement with Richard Hughes and Vicky Pryce
31:36
31:36
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31:36Aside from a windfall from higher inflation which the Chancellor used to make tax cuts, the underlying picture for the economy is essentially flat. That being said, some welcome pro-growth measures were announced, most notably the decision to make full expensing permanent. But is it too little too late? To analyse what this means for the future of …
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The world has just witnessed the worst attack on Jewish people since the Holocaust. Yet amid the international condemnation of Hamas terrorists, there has also been equivocation – and even celebration in some quarters. No other conflict stirs emotions like that between Israel and Palestine - so why is it that the world’s only Jewish state appears t…
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Making sense of Conference with Robert Colvile
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11:15
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11:15It’s Party Conference season, and while the Lib Dems were kayaking and playing crazy golf in Bournemouth last week, this weekend it’s the Tories’ turn to troop up to Manchester. Attendees are anticipating drama, gossip and exciting policy announcements – the Prime Minister is promising 'long-term decisions for a brighter future'. But while Rishi Su…
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CapX talks about housing a lot – most often to scream 'build more houses!' into a void – yet politicians appear stuck in a doom loop when it comes to this urgent topic. Conservative MPs talk a good game about the need for housing, as long as it's anywhere but in their constituency, while Labour talk up discredited socialist ideas like rent controls…
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In a world saturated with information, we have more choices than ever – but how freely do we make them? In their new book Free Your Mind – The new World of Manipulation and how to Avoid it, journalist Laura Dodsworth and behavioural scientist Patrick Fagan argue that there is a war on our minds as the media, advertisers, politicians and big tech vi…
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Isabel Hardman on the NHS' Fight for Life
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33:07The NHS recently marked its 75th birthday with the kind of love-in most countries reserve for a passing monarch or truly iconic celebrity. So what is about our health service that has created such a fervent attachment amongst so many Brits, even when it underperforms compared to some of our continental peers? To find out, we invited the journalist,…
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