Latest Episode

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Podcast

Liam Halligan on the UK’s debt crisis

Is Britain one geopolitical shock away from a financial crisis? Liam Halligan thinks the warning lights are flashing. The economist, journalist and new Director of the Centre for Policy Studies joins Marc Sidwell to argue that Britain’s growing debt burden, stubbornly weak growth and soaring interest bill have left the country dangerously exposed. So what […]

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Podcast

Daniel Hannan: Our debt is a national security threat

Britain owes £3 trillion. Daniel Hannan says its rivals have noticed. For centuries, Britain’s military strength rested not only on its armed forces but on its ability to mobilise capital, develop technology and outspend its adversaries. Now, Hannan argues, that advantage is slipping away. With government debt mounting and growth faltering, he warns that Britain’s […]

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Podcast

Julian Jessop: Andy Burnham’s lurch to the Left

Will the man who paints himself as the antidote to Thatcherism lead us back to the worst of the 1970s? As Britain’s borrowing costs spiked and Andy Burnham faced MPs as Prime Minister, Marc Sidwell spoke to the economist Julian Jessop about Burnham’s plans – and whether they can really get Britain back to growth. […]

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Podcast

Jonn Elledge: how we invented the city

Modern life rests on inventions so ordinary that we barely notice them… until they start to fail. This week on The Capitalist, Marc Sidwell speaks to the writer and CapX columnist Jonn Elledge. His new book ‘31 Inventions That Built Our World’, surveys the technologies – from sewers to lifts – that make urban life […]

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Podcast

Dalibor Roháč: capitalism can save the West

Are Nimbys a threat to national security? Britain’s inability to build houses and infrastructure is rightly at the heart of our domestic political debate. Dalibor Rohac thinks it needs to be seen as a geopolitical failing as well. This week on The Capitalist, Rohac, incoming director of research at Globsec, discusses his new book ‘Unshackled: […]

All Episodes

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Podcast

EU’s tariff ‘humiliation’ & doctors’ dodgy pay metrics

Are Britain’s doctors striking based on a broken metric? Economist Andrew Lilico says RPI—the measure unions love—is complete nonsense compared to CPI. Policy analyst Francois Valentin agrees, claiming you’d be hard-pressed to find any profession with real wage growth since 2008 using that number. Then we turn to the EU’s silent acceptance of Trump’s tariffs. […]

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Podcast

The return of James Cleverly, broke retirees, and bans on air conditioning

As Sir James Cleverly returns to the front bench, Marc Sidwell is joined by City AM’s Alys Denby and writer and academic Andrew Tettenborn to assess what the move signals for the opposition—and whether it can sharpen its message ahead of the next election. Also on the agenda: why the government is reviving the pensions […]

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Podcast

Is America breaking the world’s economy?

With Donald Trump threatening sweeping new tariffs on the EU, the European Commission warns that transatlantic trade could become “almost impossible” — a shock that would rattle supply chains and plunge business leaders into uncertainty. As economic forecasters grapple with volatility in Washington, we ask: is America heading for Reagan-style renewal or Carter-era stagflation? Back […]

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Podcast

Is socialism on the rise?

A new poll finds voters see Sir Keir Starmer’s government as every bit as chaotic as the last. Can Labour regain its footing? Meanwhile, Jeremy Corbyn eyes a comeback—does his latest venture hint at a socialist revival? And as the NHS unveils a new ten-year plan, we ask: why does it all sound so familiar? […]

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Podcast

Why taxing the rich is not a quick fix?

Does Zohran Mamdani’s shock rise in New York politics suggest that wealth taxes are back on the agenda? Plus: what does Labour’s welfare cuts u-turn say about the government’s economic credibility? And why economic arguments keep falling flat with voters—and how we can change the conversation. Marc Sidwell is joined by Reem Ibrahim from the […]

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Podcast

Why the UK’s energy is so expensive?

Britain has a bold new industrial strategy — but can it deliver? CapX’s editor Marc Sidwell is joined by Daniel Freeman of the Institute of Economic Affairs to unpack the government’s £275m push to bring energy prices down. Are we setting ourselves up to compete — or fall further behind? Plus: oil prices surge as […]

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Podcast

How tax really affects growth?

CapX editor Marc Sidwell is joined by economist Andrew Lilico and political strategist John Oxley to unpack a volatile moment in the global economy. From the fallout of Israel’s escalating conflict with Iran to the knock-on effects of surging oil prices, we take stock of the risks facing markets—and what they could mean for Britain. […]

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Podcast

Spending Review: Health, Policing, and Reform’s Rise

With the Chancellor’s spending review looming, ministers are jostling for funds. But with public services under pressure and growth still sluggish, is the government backing the right bets? Plus: what’s really behind Reform UK’s rise in the polls? As support swells in areas hit hardest by poverty, our guests unpack the party’s shifting economic message […]

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Podcast

UK-US Trade: The Real Story

President Trump’s tariff blitz hits a legal snag — but he’s showing no signs of backing down. Marc Sidwell is joined by the National Review Institute’s Dominic Pino and the journalist Harry Phibbs to assess what comes next for transatlantic trade. Plus: can Britain turn Washington’s assault on academia into an opportunity? And as China […]

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Podcast

The Truth About Immigration

Karl Williams of the Centre for Policy Studies and economist Julian Jessop take a clear-eyed look at the politics and economics of migration. Two decades ago, the UK opened its doors to eastern Europe. A modest prediction of 13,000 arrivals became 1.5 million — a shift that continues to shape British politics. Now, with Reform […]

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Podcast

Special Edition: From Gridlock to Growth

In this special edition of The Capitalist, Marc Sidwell is joined by Dr Lawrence Newport from the Looking for Growth campaign for a sharp and solutions-focused conversation on how to reignite Britain’s economic engine. From planning delays to regulatory sprawl, we examine the blockages stalling national progress — and lay out a bold vision to […]

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Podcast

From Beijing to Bangalore: A New Economic Order?

As Chancellor Rachel Reeves treads a delicate path in Washington, Britain finds itself caught between diplomacy and hard economics — will tariff relief be enough to steady the ship? Meanwhile, Apple’s dramatic pivot to India signals just how deeply Trump’s sweeping trade war is reshaping global business. Could a world less reliant on Beijing ultimately […]

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Podcast

Economic Nostalgia vs. the Hard Work of Growth

A dramatic Saturday recall of Parliament delivers a last-minute reprieve for British Steel — but is it a genuine industrial strategy, or just another short-term fix? Meanwhile in Washington, President Trump promised to revive American manufacturing. But can you really rebuild the past — or is this economic cosplay doomed to fail? Broadcaster Albie Amankona […]

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Podcast

Backlash Economics: When Policy Meets Pocketbooks

What happens when the world’s biggest economy slams the brakes on global trade? In just weeks, Donald Trump’s tariff blitz has shattered decades of US-led liberalisation — and the fallout is only just beginning. As prices creep higher and wallets tighten, will the political backlash bite harder than the economic one? And in the UK, […]

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