The Story

Bonus: Kemi Badenoch bets the house on the economy

October 7, 2026·32 min
Episode Description from the Publisher

Kemi Badenoch's attack on Reform UK was all about character and her attack on Labour was all about economics. In her speech at the Conservative Party conference in Birmingham, she said she would to scrap inheritance tax on family homes and that under a Conservative government, couples would be able to leave an extra £1m inheritance tax free to their children. Badenoch was withering about Nigel Farage and Reform UK, saying: "The circus goes on and on and it will never stop because this is who Reform are — so to those who say ‘unite the right’, we are not uniting with that.” This week's episode of The State of It looks at the Conservatives' electoral strategy, their prospects — especially compared with a year ago — and the vibes among their MPs.Guests:Steven Swinford, political editor, The TimesBen Riley-Smith, political editor, The Sunday TimesLara Spirit, deputy political editor, The Sunday TimesPatrick Maguire, chief political commentator, The TimesProducers: Euan Dawtrey, Harry KitsonExecutive producer: Molly GuinnessPicture: Getty images.This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.

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