The UK government’s borrowing has hit record levels — £99.8 billion in just six months — while inflation holds steady at 3.8%. With the Budget looming, Rachel Reeves is trying to frame the economic challenge by blaming Brexit and promising a £6 billion blitz on red tape.

In this episode, Nathan Parsad-Wyatt and Kevin unpack the numbers, the politics, and the strategy:

– Why borrowing is spiralling — and what it means for the Treasury.

– Whether Reeves’ “Brexit blame” approach can work politically.

– The real impact of the West Midlands Investment Summit.

– What the Caerphilly by-election tells us about Reform UK’s rise and Labour’s struggles.

– Is Britain heading for another age of austerity?

– Can Rachel Reeves rebuild fiscal credibility while blaming Brexit?

– Has Labour already lost the communication war to Reform UK and Nigel Farage?

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