Hetal Mehta, chief economist at St. James's Place, comments on the UK fiscal situation and gilt market reaction as pressure on Keir Starmer mounts following moves by senior Labour Party rivals to potentially challenge him as prime minister. Mehta tells Bloomberg Television that a more left-leaning leader raises the prospect of higher spending and higher taxes, which gets "into a territory where you disincentivize economic activity." (Source: Bloomberg)
May 15th, 2026 Labour Power Struggle Highlights UK Fiscal Dilemma Hetal Mehta, chief economist at St. James's Place, comments on the UK fiscal situation and gilt market reaction as pressure on Keir Starmer mounts following moves by senior Labour Party rivals to potentially challenge him as prime minister. Mehta tells Bloomberg Television that a more left-leaning leader raises the prospect of higher spending and higher taxes, which gets "into a territory where you disincentivize economic activity." Duration: 7:18 Xi Sending Strong Signal on Taiwan, China Adviser Says The China Show Duration: 3:45 Comparing China and US Statements on Trump-Xi Summit The China Show Duration: 1:57 Trump Says Boeing Wins 200 Jet Plane Order From China Duration: 0:33 Trump Invites China’s Xi to White House in September Available on: Listen on Apple TV Listen on Roku Listen on Samsung TV Listen on Fire TV Listen on Android TV Listen on Rakuten TV Listen on Haystack News Watch BTV in your area: Channel Finder
