Peter Kyle on the Sunday broadcast round:
“I don’t want to come on here and be delusional that there is no process, there are no forces at work which are challenging the Prime Minister as leader. That is clearly the case… [Starmer] is taking time to think through what the political realities are today compared to last week…”
A clear change in tone from just a few days ago. Starmer is expected to call it quits tomorrow. Stay tuned…
Andy Haldane, Burnham’s recent adviser on the economy who has not taken up a No10 job, told Andrew Marr on LBC:
“The market now suspects that this is a traditional tax-and-spend socialist government with better TikTok videos…
imposing windfall taxes on oil & gas or on banks or upping capital gains tax would […] repeat the mistake that Rachel made […] The Achilles heel, the fiscal Achilles heel of this government thus far has been its unwillingness and/or inability to cut public spending.”