logo
episode-header-image
Oct 2022
27m 10s

Pound recovers after British Government ...

Bbc World Service
About this episode
The pound rose against the dollar after the UK government announced it was scrapping plans to cut taxes for top earners, get the latest from London with Gemma Tetlow, an economist at the Institute for Government. Former OPEC official Jorge Leon discusses fears the group of oil producing countries could reduce supplies, leading to brent crude prices rising 4 ... Show More
Up next
Today
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ... Show More
8m 56s
Yesterday
JP Morgan Chase boss talks about AI impact on business
The Chief Executive of JP Morgan Chase Jamie Dimon shares his views on AI, and whether he thinks the hype around it will continue. The German Chancellor, Friedrich Merz vows to do everything possible to counter EU rules banning the sale of new CO2 emitting cars after 2035. And we ... Show More
26m 22s
Yesterday
US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its rules ... Show More
8m 46s
Recommended Episodes
Oct 2022
The UK tax cut and pound U-turn
The UK government reversed course on a tax cut, Brazil’s president Jair Bolsonaro defied expectations in the first round of election voting, and Credit Suisse is trying to reassure investors that rumours about its financial health are overblown. Plus, the FT’s James Kynge tells u ... Show More
10m 49s
Sep 2022
Russia’s double energy whammy
Liz Truss will be the next UK prime minister after winning the Tory leadership race, Opec+ agreed on Monday to cut crude supply in a bid to prop up oil prices, Russia switched off Europe’s main gas pipeline until sanctions are lifted, and Singapore has become a haven for Chinese ... Show More
9m 44s
Sep 2022
The global backlash to UK tax cuts
The IMF is criticising the UK’s tax cut plan, the US is pressing EU countries to speed up and increase the financial support for Ukraine, and the head of crypto lender Celsius Network resigned on Tuesday. Plus, officials in Europe say suspicious leaks on two Russian gas pipelines ... Show More
9m 7s
Jul 2021
US housing prices spark officials’ concern
Washington and Berlin have reached a deal to resolve their longstanding dispute over the Nord Stream 2 pipeline, and Brussels has insisted it will not renegotiate the EU’s Brexit deal with the UK after London inflamed tensions by launching a bold push to overhaul Northern Ireland ... Show More
9m 59s
Sep 2022
Brazil's high-stakes election
The UK's tax cutting plan is a political liability, the EU announced another round of Russian sanctions, and Brazil is days away from a monumental presidential election.  Mentioned in this podcast:Tory MPs question Kwasi Kwarteng’s future as market turmoil continuesBrazil’s elect ... Show More
9m 39s
Jan 2023
Bolsonaro supporters storm Brazil’s capital
Thousands of supporters of Brazil’s former rightwing president Jair Bolsonaro stormed the country’s capital, and America’s biggest banks are set to report another quarter of bumper profits. Plus, the FT’s Middle East editor Andrew England explains how Gulf nations’ sovereign weal ... Show More
10m 44s
Nov 2022
The UK chancellor’s new plan
The world’s largest cryptocurrency fund has become embroiled in the turmoil swirling around the troubled sector, Jeremy Hunt announces a £55bn fiscal squeeze as UK economic outlook darkens, and negotiators at the COP27 UN climate conference in Egypt burned the midnight oil to eke ... Show More
9m 1s
Oct 2022
Tory U-turn: Has the government lost credibility? 
Chancellor Kwasi Kwarteng and PM Liz Truss have made a U-turn on the decision to give the wealthiest 1% of earners a tax cut after facing a backlash. On the Sky News Daily, Niall Paterson explores the political consequences of the U-turn with political correspondent Liz Bates and ... Show More
24m 33s
Sep 2022
The Economist Asks: Can Britain’s new prime minister solve an economic crisis?
The new leader of the Conservative Party, Liz Truss, faces an enormous task. Britain is contending with soaring energy bills, double-digit inflation and the unresolved backwash of Brexit. Host Anne McElvoy asks Lord Razzall and former Tory leader Iain Duncan Smith about her path ... Show More
36m 55s