Why have the RMT cancelled the strikes?

Today the planned rail strikes have been cancelled at the 11th hour. Is this an indication that a deal may be soon reached to end the months of disruption? 

Also on the podcast, after it was announced that Arts Council England would cut its funding, it looks like the English National Opera will be forced out of London. Is this 'levelling up'? 

Katy Balls speaks to Fraser Nelson and James Forsyth. 

Produced by Oscar Edmondson.