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Mixed signals for Labour as GDP rises but the rich leave

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Manage episode 482939992 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
The Prime Minister is in Albania today to focus on immigration: the government has announced that the UK is in talks to set up 'return hubs' with other countries to send failed asylum seekers abroad.
Unfortunately for the government though, also going abroad are Britain's millionaires. In the cover article for this week's Spectator, our economics editor Michael Simmons writes that London lost 11,300 dollar millionaires last year alone. These figures run in stark contrast to today's news that GDP increased by 0.7% in the first quarter of 2025. This continues a trend of mixed signals for Britain's economy.
Also on the podcast Spectator editor Michael Gove discusses his interview with justice secretary Shabana Mahmood, who announced today that some reoffenders will be recalled to parliament for a reduced, fixed amount of time to relieve the pressure on prisons.
Both Michaels join Lucy Dunn to discuss further, and for the full interview with Shabana Mahmood click through to Spectator TV.
Produced by Patrick Gibbons.
  continue reading

2721 episodes

Artwork
iconShare
 
Manage episode 482939992 series 1426749
Content provided by The Spectator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Spectator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
The Prime Minister is in Albania today to focus on immigration: the government has announced that the UK is in talks to set up 'return hubs' with other countries to send failed asylum seekers abroad.
Unfortunately for the government though, also going abroad are Britain's millionaires. In the cover article for this week's Spectator, our economics editor Michael Simmons writes that London lost 11,300 dollar millionaires last year alone. These figures run in stark contrast to today's news that GDP increased by 0.7% in the first quarter of 2025. This continues a trend of mixed signals for Britain's economy.
Also on the podcast Spectator editor Michael Gove discusses his interview with justice secretary Shabana Mahmood, who announced today that some reoffenders will be recalled to parliament for a reduced, fixed amount of time to relieve the pressure on prisons.
Both Michaels join Lucy Dunn to discuss further, and for the full interview with Shabana Mahmood click through to Spectator TV.
Produced by Patrick Gibbons.
  continue reading

2721 episodes

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