Two big topics on the agenda today as Keir Starmer has his pitch – again – on the cost of living. He told us towards the start of the year that every minute not spent tackling the cost of living was a minute wasted, so what has he been doing in all that time?

Also today, ahead of her Mais Lecture this week, Rachel Reeves has been laying the groundwork for closer ties with the European Union. This does seem like a change of rhetoric from the Chancellor, who is openly suggesting that Brexit was a mistake. So what would closer ties look like? And is this the only lever that remains for her to deliver growth?

James Heale and Tim Shipman discuss.

Produced by Megan McElroy.

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