As Donald Trump makes his first appointments, speculation in Whitehall grows: will the UK move closer to the US or cosy back up with the EU?

The FT’s Lucy Fisher is joined by Political Fix regulars George Parker and Robert Shrimsley, as well as Peter Foster, the FT’s public policy editor, to discuss how Britain might successfully balance its two most important relationships. Plus the panel also discusses Rachel Reeves’s pension megafund reform, and assesses the damage Labour’s employment reforms are doing to the relationship with British business.

Follow Lucy on X: @LOS_Fisher, George @GeorgeWParker, Peter Foster @pmdfoster, Robert @robertshrimsley

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Join Lucy Fisher, Peter Foster, Stephen Bush and Miranda Green for Political Fix Live session on December 5, where they will assess Labour's record after five months in office as part of the FT's Global Boardroom online conference. The three-day event features high-level interviews on the big issues of the day and is being held on December 4-6. Register for your free pass at ft.com/tgb

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Presented by Lucy Fisher. Produced by Tamara Kormornick. The executive producer is Manuela Saragosa. Audio mix by Sean McGarrity and original music by Breen Turner. The broadcast engineers are Andrew Georgiadis and Petros Giumpassis. The FT’s head of audio is Cheryl Brumley.

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Despite past criticism of Donald Trump, Sir Keir Starmer has sent ‘hearty’ praise to the president-elect for his victory this week. But what will transatlantic relations be like in 2025 and what does a Trump presidency mean for a Labour government? And, after Kemi Badenoch won the Tory leadership contest, we assess her first days in the job. Political Fix host Lucy Fisher is joined by US national editor and columnist Ed Luce, Deputy Washington bureau chief Lauren Fedor, Jim Pickard and Katy Balls, political editor of the Spectator.

Follow Lucy on Twitter @LOS_Fisher, Ed @EdwardGLuce, Lauren @LaurenFedor, Jim @PickardJE

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Sign up for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award:

https://ft.com/insidepoliticsoffer

Presented by Lucy Fisher. Produced by Clare Williamson. The executive producer is Manuela Saragosa. Audio mix by Simon Panayi. Original music by Breen Turner. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

It’s been two days since chancellor Rachel Reeves put a £40bn tax increase at the heart of a plan to fix the country’s “broken” finances and public services, and unveiled a sharp increase in borrowing to fund an extra £100bn of capital spending. But will these measures bolster investment and growth in the UK economy? And what does the Budget tell us about the country’s economic direction over the next five years? The FT’s Lucy Fisher discusses these questions and more with UK political editor George Parker, columnist and host of The Economics Show Soumaya Keynes and economics editor Sam Fleming.

This is a recording of an FT Live subscribers’ webinar, recorded on Friday, November 1.

Follow Lucy on X: @LOS_Fisher, George on @GeorgeWParker, Sam @Sam1Fleming and Soumaya @SoumayaKeynes

Want more? Free links:

Budget poses new challenge for UK public finances, Moody’s warns

Business and wealthy bear brunt of £40bn tax increases in UK Budget

The Budget in brief: what you need to know

Reeves has made her choice — but success is not guaranteed

Rachel Reeves defiant after historic tax and spend Budget

Sign up here for 30 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.