Economic anarchy in the UK

The U.S. government spends a ton of money, on everything from Medicare to roads to defense. In fact, it spends way more than it takes in. So…it borrows money, in the bond market. By selling U.S. Treasurys, basically IOUs with periodic interest payments. And for decades, people ha ... Show More

Pre-order the Planet Money book here for your free gift. Our sister show, The Indicator, is chronicling the evolving business of crime for its Vice Week series. Today, we bring to you two cases of crime in the age of AI. First, cybercriminals are using our own voices against us. ... Show More

It’s here! It’s free to download and playtest! It’s the Planet Money game! (Download here.)Download and playtest the game go here Sign up for the 11/1 virtual AMA event and get updates about the gameSubmit your feedback on the gameWatch the how-to video with Kenny and Elan for pl ... Show More

New British finance minister Jeremy Hunt scraps mini-budget in effort to restore economic stability. Also, the explosive Iranian-made drones over Kyiv; a harrowing report on the drought in Somalia; and the K-Pop band going for military service. (Photo: British PM Liz Truss leaves ... Show More

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

The government's new pension pact is a British way of doing business. At least that's what one of its key architects, the City of London's Lord Mayor Nicholas Lyons, tells us. We dig into how it will work and how much he believes it will help boost growth. Also, new labour market ... Show More

Britain’s Conservative party may be changing leadership, but it will take a lot more than that to change the country's gloomy economic situation. Prices are rising at their fastest pace in 40 years–at one of the highest rates in the West. The cost of servicing the country’s ballo ... Show More

Britain’s Conservative party may be changing leadership, but it will take a lot more than that to change the country's gloomy economic situation. Prices are rising at their fastest pace in 40 years–at one of the highest rates in the West. The cost of servicing the country’s ballo ... Show More

Last year the UK had three different prime ministers, four different chancellors and five different housing ministers. Nicola Sturgeon, Scotland's first minister for close to a decade, recently announced her resignation - and it’s not clear who will replace her. British politics ... Show More

Since the government’s tax-cutting mini-budget last week, the pound has hit record lows against the dollar, mortgage providers have pulled hundreds of products and there has been damning criticism from the International Monetary Fund and an emergency intervention by the Bank of E ... Show More

What's happening in the UK right now has heads spinning around the globe. New Prime Minister Liz Truss is already scrambling to survive. Her new chancellor Jeremy Hunt today brought down the axe on nearly all of her tax-cutting plan after it sent the markets spiraling. To make se ... Show More