Since our last podcast on the risks of an unsubtle focus on the cost of living, the Government has carried out another U-turn to protect pubs from increases in business rates. Number 10 says this is a sign of an increasingly nimble government responding quickly to potential problems – but why do the problems arise in the first place? And will there be more U-turns now that Keir Starmer has pledged to put more money in people’s pockets?

• It’s time for the first live show of 2026 at Kings Place, and there's a lot to make sense of! Tickets here.

Back the podcast on Patreon for live events, bonus podcasts and to get the regular podcast a day early – and ad free. 

Written and presented by Steve Richards.

Learn more about your ad choices. Visit podcastchoices.com/adchoices