The One With Faisal and Rachel Reeves

Published: May 26, 2023, 7:13 p.m.

The shadow chancellor\u2019s American dream

Economics Editor Faisal Islam is in the hot seat. Labour\u2019s Rachel Reeves has been in New York and Washington to talk about how one of the US administration\u2019s flagship policies has inspired her own economic vision. America\u2019s Inflation Reduction Act will boost the green economy and provide huge subsidies to consumers who buy American-made products. How might a similar scheme work in the UK?

He also gets chancellor Jeremy Hunt\u2019s thoughts.

Faisal also asks Octopus Energy founder Greg Jackson and Andy Palmer, chairman of electric car battery company InoBat, how the plans might work in practice.

Today\u2019s Newscast was presented by Faisal. It was made by Ben Carter with Miranda Slade, Rufus Gray and George Dabby. The technical producer was Dafydd Evans. The senior news editor was Damon Rose.