Oil and trouble for the British economy

Oil and trouble for the British economy

March 10, 2026 · 28 min

About this episode

The episode discusses the impact of rising prices on the British economy and political responses to the war in Iran.

While Keir Starmer may get some credit with the public for his response to the war in Iran, he's still stuck with its consequences: rising prices just when he'd said he was going to cut the cost of living. Meanwhile has Reform UK's response compromised its ability to campaign on the cost of living? Also, who is now wielding the power in Number 10? Steven Swinford, political editor, The Times Patrick Maguire, chief political commentator, The Times Gabriel Pogrund, Whitehall editor, The Sunday Times Producer: Euan Dawtrey Executive producer: Molly Guinness Picture credit: Getty Images Email us: thestateofit@thetimes.co.uk This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe  here . Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Guests: Steven Swinford, Patrick Maguire, Gabriel Pogrund

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Mentioned in this episode

Organizations: Reform UK, The Times, The Sunday Times

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