The Daily T

The Chancellor is set to raise taxes in her autumn Budget – again – despite Labour promising not to, and it’s all to fund £15bn in extra benefits.Rachel Reeves is expected to end the two-child benefit cap, just the latest reversal on a policy unpopular with Labour backbenchers.Camilla and Tim are joined by Telegraph political editor Ben Riley-Smith to explain the thinking inside the Treasury during one of the most chaotic lead-ups to a Budget in memory.Plus, Conservative chairman Kevin Hollinrake has caused a storm after comparing a Reform football shirt to a Nazi symbol. His Reform counterpart David Bull calls for Hollinrake’s resignation.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Lilian FawcettSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

In a Daily T exclusive, Camilla and Tim speak to Princess Diana’s long-time former private secretary, Patrick Jephson.In 1995 the BBC journalist Martin Bashir convinced Diana that the trusted adviser was spying on her, in order to secure the now infamous Panorama interview. Jepshon left his role soon after and the Princess went to her grave believing he had betrayed her.Thirty years on, Jephson tells The Daily T about his relief that the world knows about Bashir’s deception, his regret at never reconciling with the Princess, and the future of the Royal family.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Lilian Fawcett and Georgia CoanSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

Straitjacketed by a manifesto that promised not to raise income tax, National Insurance or VAT on “working people” – and stymied by an exodus of people wealthy enough to seek financial safety elsewhere – the Labour party is scrambling to raise enough revenue to fill a £20bn fiscal black hole.As the 2025 autumn Budget draws ever closer, there is increasing apprehension as to whether Chancellor Rachel Reeves is going to employ a “mansion tax” to help balance the books.In today’s Daily T, Tim is joined by Jacob Rees-Mogg and Allister Heath to preview what’s set to be an “horrendous” upcoming Budget, why time is running out for both Keir Starmer and Rachel Reeves and how the right needs to unite ahead of a possible early general election in 2027.Producer: Hugo Verelst-WayAdditonial production from Mikey OlympitisSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

A stark new review has found that Britain is not ready for war, warning landing on the same morning the Government unveiled fresh plans to boost the nation’s defences.This morning, Defence Secretary John Healey unveiled a major £1.5bn investment in 13 new UK munitions factories, a bid to ramp up Britain’s defence industry as global threats escalate. The announcement came as Healey revealed that a Russian intelligence-gathering ship, the Yantar, has been skirting the edge of UK waters north of Scotland, allegedly firing lasers at RAF surveillance pilots and mapping Britain’s undersea cables. “My message to Russia and to Putin is this: we see you… and we are ready,” he said.All this lands as MI5 issues fresh warnings about Chinese espionage. Following the collapse of the case against two men accused of spying for Beijing, security officials have now named two Chinese state-linked ‘recruiters’ using LinkedIn to target Westminster insiders.Camilla and Tim discuss the future of Britain’s defence with the former head of MI6, Sir John Sawers, as they ask him about China, the failure of the Prevent anti-terrorism scheme programme and why he thinks Russia is the greatest threat to this country.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Georgia CoanSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

Reform UK has set out its plans to plug a £25bn hole in the economy, and the policies essentially amount to one thing: making it more expensive to be a foreigner in Britain.But the press conference got a bit frosty when Camilla asked Nigel Farage who his pick for chancellor would be.Meanwhile, in another central London conference centre, the Conservatives were announcing...not very much at all. But things got interesting when Kemi Badenoch called out a Guardian journalist who was in the room.Camilla and Tim assess the credibility of the Tories’ and Reform’s economic plans and, crucially, bemoan the declining quality of press conference snacks.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Lilian Fawcett and Georgia CoanSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

Shabana Mahmood has announced a major asylum crackdown, in a clear attempt to pacify the Right of Labour and the country at large.The Home Secretary’s plans, based on a model successfully implemented in Denmark, include a 20-year wait for refugees to apply for indefinite leave to remain, reviews of refugees status every 30 months, and legislation that will promote British law over the ECHR.Camilla and Tim ask whether a policy that Labour MPs are calling “divisive” and “cruel”, and that Reform's Richard Tice says sounds like “an application for vetting to join Reform”, will actually end up pleasing no one.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Lilian Fawcett and Georgia CoanSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

It’s the morning after the scoop before, and the end of a bad week for the BBC.After The Daily T revealed how Newsnight also doctored Donald Trump’s January 6th speech, and were called out live on air, Tim and Camilla go inside the BBC’s own response to the saga. Hint: it suggests the corporation is as deluded as ever.Then, it’s a scandal which is arguably more damning than phone hacking. We hear from Andy Webb, the author of an explosive new book about Martin Bashir’s Panorama interview with Princess Diana. He lays out the nefarious tactics Bashir used to get it and how the BBC covered it up for 25 years.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Lilian Fawcett and Georgia CoanSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

A Daily T investigation has uncovered another, earlier example of the BBC doctoring footage of Trump’s January 6th speech. Not only that, but it was called out live on air by a Newsnight contributor – and nothing was done.This comes after the resignation of top BBC officials in the wake of a Telegraph story detailing how a 2024 Panorama documentary spliced footage of the president in a way that suggested he was encouraging violence.Camilla and Tim speak to the former graphic designer at Newsnight who blows the whistle on the workplace culture which allowed this to happen not once, but twice.Read: BBC Newsnight also doctored Trump speechWe want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducer: Lilian FawcettSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey

Westminster was thrown into chaos last night after Downing Street rushed to defend Sir Keir Starmer’s leadership amidst whispers of 'coup' to oust the leader. Starmer’s allies are pointing the finger at two of his top ministers, Health Secretary Wes Streeting and Home Secretary Shabana Mahmood, accusing them of “leadership manoeuvres”. But Streeting flat out denied he had any such plans during his media rounds, saying he was ‘a Faithful’ in reference to the BBC series The Traitors.Camilla and Tim are joined by our Political Editor Ben Riley-Smith to ‘uncloak’ the rumours, the rivalries and the truth behind Labour’s latest psychodrama.We want to hear from you! Email us at thedailyt@telegraph.co.uk or find @dailytpodcast on TikTok, Instagram and X► Sign up to our most popular newsletter, From the Editor. Look forward to receiving free-thinking comment and the day's biggest stories, every morning. telegraph.co.uk/fromtheeditorProducers: Georgia Coan and Lilian FawcettSenior Producer: John CadiganVideo Producer: Will WaltersStudio Operator: Meghan SearleExecutive Producer: Charlotte SeligmanSocial Producer: Nada AggourEditor: Camilla Tominey