House of Commons Leader Lucy Powell says there could have been a "run on the pound" had Chancellor Rachel Reeves not taken the decision to means test the winter fuel allowance for pensioners. Her assertion is the latest in a series of gloomy warnings from government over the last few weeks. As parliament reconvenes today we ask Bloomberg's senior economics reporter Philip Aldrick if things are really as bad as they say and how Labour can negotiate the path ahead. Hosted by Caroline Hepker and Stephen Carroll.
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Bloomberg's Caroline Hepker, Stephen Carroll, Yuan Potts and Lizzy Burden have your daily guide to British politics. We'll tell you what's happening and explain why it matters.
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