Prime Minister Keir Starmer has been forced into a U-turn on a planned £5 billion cut to disability entitlements, to quell a rebellion from within his own party. John Stepek, who writes Bloomberg's Money Distilled newsletter, discusses the pressure on Labour from both the left, and Reform UK on the right, and what that means for the government's fiscal agenda. Hosted by Stephen Carroll and Caroline Hepker.

See omnystudio.com/listener for privacy information.

The UK says its military wasn’t involved in American air strikes on Iran, although a cabinet minister expressed support for the outcome. With the US now engaged in a conflict in the Middle East, many are asking if there are echoes of the Iraq War, which still haunts Britain's Labour party. Bloomberg's foreign policy reporter Ellen Milligan and Bloomberg Opinion columnist Marc Champion join for a special edition of the UK Politics podcast. Hosted by Yuan Potts and Caroline Hepker.

See omnystudio.com/listener for privacy information.

One of the architects of the government’s flagship tax crackdown on the wealthy says it was a 'mistake' to hit 'non-doms' with an immediate 40% inheritance tax on their overseas assets. Arun Advani, from the independent Centre for the Analysis of Taxation, says a gradual approach would have stopped many of the super-rich from leaving the country. He joins Yuan Potts and Caroline Hepker to discuss what effect the changes are having and what the government should do next.

See omnystudio.com/listener for privacy information.