The Bank of England has raised interest rates by 0.5 per cent to 1.75 per cent, the highest increase in 27 years, and predicts that the UK will enter a deep recession within months. As the cost-of-living crisis worsens and with strikes planned throughout the summer, Labour remains split over frontbenchers joining picketing workers. Anoosh Chakelian, Rachel Wearmouth, Freddie Hayward and Rachel Cunliffe discuss Labour leader Keir Starmer’s softening stance on picketing – after shadow levelling up secretary Lisa Nandy joined striking telecoms workers and union leaders claimed that Labour was “irrelevant” to working people – and ask whether the party’s ambiguity can be sustained through a summer of strikes. Then In You Ask Us, a listener enquires about the communication issues and presentation style of Liz Truss’s Conservative leadership campaign.If you have a question for You Ask Us, email podcasts@newstatesman.co.ukPodcast listeners can subscribe to the New Statesman for just £1 a week for 12 weeks using our special offer. Just visit newstatesman.com/podcastoffer.SAVE £££ THIS CHRISTMAS:⭐️ Gift big ideas, bold politics, and proper journalism from just £2LISTEN AD-FREE:📱Download the New Statesman appMORE FROM THE NEW STATESMAN:❓ Ask a question – we answer them every Friday⏰ Get our daily politics newsletter every morning✍️ Enjoy the best of our writing via email every Saturday Hosted on Acast. See acast.com/privacy for more information.