UK interest rates held, plus could Musk fund reform?

The Bank of England have voted to hold UK interest rates at 4.75%. The Spectator’s economics editor Kate Andrews joins Katy Balls and Freddy Gray to discuss the decision and what this means for the UK economy. 

Also on the podcast they discuss how a potential donation from Elon Musk to Reform UK has rattled politicians across the political spectrum. Could Labour seek to reform political donation rules to limit donations from foreign owned companies? And is this a sensible move, or could those in favour of changing the rules face a charge of hypocrisy?

Produced by Patrick Gibbons and Oscar Edmondson.