Rachel Reeves is hosting an investment summit in Birmingham, trying to turn the narrative away from Britain's economic 'doom loop' ahead of next month's budget. But the harbinger of bad economic news Michael Simmons – who joins James Heale and Patrick Gibbons on the podcast – points to the news today of soaring government borrowing costs, and expected higher inflation figures tomorrow. Plus, what have some politicians made of further developments in the Prince Andrew scandal?

Produced by Patrick Gibbons.

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