Labour’s conference in Liverpool should have been a celebratory event after its landslide win in the July election. Political editor George Parker, standing in for Lucy Fisher, is joined by Miranda Green and Robert Shrimsley to discuss why the mood was anything but triumphant. Plus, economics editor Sam Fleming explains how the government might increase capital spending despite Labour’s repeated warnings that the state coffers are empty; and chief foreign affairs commentator Gideon Rachman steps into the studio to assess Prime Minister Keir Starmer’s debut on the world stage at the UN general assembly this week. Lucy Fisher is back next week.

Follow George on X: @GeorgeWParker, Robert @robertshrimsley, Miranda @greenmiranda, Sam @Sam1Fleming and Gideon @gideonrachman.

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Presented by George Parker. Produced by Tamara Kormornick. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The broadcast engineers were Rod Fitzgerald and Andrew Georgiadis. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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