Rachel Reeves won't resign (yet) - here's why

<p>Rachel Reeves is under fire for her management of the country's finances. </p><br /><p>With suggestions of an impending income tax raise, some have called for her to resign. Andrew Marr and Will Dunn join Hannah Barnes to explain why the Chancellor won't quit - yet.</p><br /><p>Will Dunn also explains how government debt is calculated - and why the economic crash really might not have been (entirely) Liz Truss's fault after all.</p><br /><p>The team also discuss Tulip Siddiq's resignation, and whether Labour have a two-tier approach to discipline.</p><br /><p>Ask a question for a future episode at www.newstatesman.com/youaskus</p><br /><p>Get the New Stateman's political analysis in your inbox every weekday by signing up to our newsletter, Morning Call: morningcall.substack.com</p><br /><p>Subscribe to the New Statesman for full access to all our reporting and analysis: www.newstatesman.com/jan24</p><br /><p>Articles mentioned in this episode:</p><br /><p>How damaging is the Tulip Siddiq affair for Labour?</p><p>https://www.newstatesman.com/politics/uk-politics/2025/01/the-tulip-siddiq-affair-is-a-blow-labour</p><br /><p>Will the bond markets defeat Rachel Reeves?</p><p>https://www.newstatesman.com/politics/economy/2025/01/will-the-bond-markets-defeat-rachel-reeves</p><br /><p><br /></p><br /><p><strong>LISTEN AD-FREE:</strong></p><p>📱<a href="https://www.newstatesman.com/politics/2022/06/newapp" rel="noopener noreferrer" target="_blank">Download the New Statesman app</a></p><br /><p><strong>MORE FROM THE NEW STATESMAN:</strong></p><p>❓ <a href="https://www.newstatesman.com/podcasts/2022/10/you-ask-us" rel="noopener noreferrer" target="_blank">Ask a question</a> – we answer them every Friday</p><p>⏰ <a href="https://morningcall.substack.com/subscribe" rel="noopener noreferrer" target="_blank">Get our daily politics newsletter</a> every morning</p><p>✍️ <a href="http://saturdayread.substack.com/subscribe" rel="noopener noreferrer" target="_blank">Enjoy the best of our writing</a> via email every Saturday</p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>