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The State of It

Oil and trouble for the British economy

28 min10 mars 2026

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


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