logo
episode-header-image
Oct 2022
21m 55s

Could the UK start the next Eurozone cri...

Economics Explained
About this episode

The UK economy is not having a great year with 40 year high inflation, the Bank of England predicting a recession, and three different prime ministers within the span so 3 months. So what is going on and what does the future hold?

Up next
Aug 11
Why do We Still Need to Work?
A century ago, economist John Maynard Keynes confidently predicted that by 2030, we would only be working 15 hours a week. Yet, here we are—working harder than ever! While technology has dramatically boosted productivity, our work hours remain largely unchanged, and the prevalenc ... Show More
15m 56s
Aug 5
Do We Still Need Central Banks?
Almost every nation relies on a central bank, but the US is buzzing with talk of scrapping the Fed—the globe’s mightiest financial force! From its 1694 origins to battling today’s debt and inequality crises, we break down why central banks are crucial and what chaos could unfold ... Show More
18m 39s
Jul 21
Iran's Economic Dilemma
Iran boasts vast oil reserves, a strategic trading position, and a skilled workforce; however, sanctions and internal issues hinder its progress. From black-market oil to power outages, discover why this energy giant struggles to thrive. Can it break free from its economic troubl ... Show More
16 m
Recommended Episodes
Nov 2022
Gerard Lyons: Is Britain's economy up to scratch?
The UK economy is in a hole. Inflation is high, interest rates are rising, public debt is soaring and, according to the Bank of England, Britons face two years of recession. Stephen Sackur speaks to Gerard Lyons, an economist and sometime adviser to governing Conservative politic ... Show More
22m 58s
Jul 2022
What broke Britain's economy?
Seems like the British people might have to cut down on their afternoon tea... food prices in the UK are going through the roof, and wages are stagnating. Can the new Prime Minister handle the heat? 
9m 44s
Jun 2023
Why is Britain getting inflation so wrong?
Despite the Prime Minister's pledge to halve inflation by the end of the year it's the Bank of England's job to deliver on that. Why is it struggling and what happens if it fails?Britain's facing an inflation crisis. Core inflation - which measures underlying inflation and disreg ... Show More
28m 47s
Oct 2022
U.K. Economy: All Eyes on the U.K.
As the U.K. deals with a bout of market volatility, political transitions, and sticky inflation, how will policy makers and the Bank of England respond, and where might the U.K. economy be headed from here? Chief Cross-Asset Strategist Andrew Sheets and U.K. Economist Bruna Skari ... Show More
8m 3s
Jan 2024
Inflation Surprise
Will Bain gets reaction to that surprise inflation figure. Plus, what do the biggest strikes in Northern Ireland for 50 years mean for businesses there? 
51m 59s
Mar 2024
Inflation has slowed. At what cost?
Canada's inflation numbers have once again come in lower than expected, and are nearing where our central bank wants them. But to get here, the Bank of Canada has kept interest rates high to slow the economy. So was it actually the Bank's rate hikes that brought inflation down? I ... Show More
22m 13s
Jul 2022
Money Talks: Britain's growth crisis
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
39m 50s
Jul 2022
Money Talks: Britain's growth crisis
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
39m 50s
Oct 2021
Is the economy going stag(flation)?
GDP numbers for the third quarter just dropped and they are... not awesome. With the economy experiencing slower than expected growth and rising prices, are we entering into a period of stagflation? 
9m 52s