Loose Change: Sunak Says Debt Is Falling, But It's Not

Rishi Sunak says the UK's debt is falling - one of his five key pledges. Only one problem: it isn't. Our Senior UK Economist Dan Hanson explains the current trajectory for government borrowing, and why it doesn't fit into the PM's narrative. Also in the show: a Labour shadow minister resigns over the party's position on the Israel-Hamas war. Our UK Political Editor Kitty Donaldson tells us what it means for Keir Starmer. Plus: Chief Economist Tom Orlik on the threats to the global economy being discussed at Bloomberg's New Economy Forum. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.