logo
episode-header-image
May 2023
12m 11s

The housing supply problem: Part I

Financial Times
About this episode

UK gilt yields hit levels not seen since last year’s “mini” Budget crisis, and Australia’s government has referred a PwC tax leak scandal to the country’s federal police. Plus, in part one of our series on housing, the FT’s Sonja Hutson looks at why there are so few homes on the US market. 


Mentioned in this podcast:

Gilt yields soar towards ‘mini’ Budget levels after inflation disappoints

Australian government refers PwC tax leaks scandal to police


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Yesterday
Big Pharma markets left on a ‘patent cliff’-hanger
India is set to reach a record year in initial public offerings and Big Pharma is facing a wave of patent expiration dates. Plus, Meta goes to trial over who to hold accountable for corporate scandals. Mentioned in this podcast:India on track for record IPO yearThe looming ‘paten ... Show More
11m 32s
Jul 10
Global copper market weighs Trump tariff threat
The UK and France have pledged for the first time to co-ordinate the use of their nuclear weapons, and the copper markets are reeling from US President Donald Trump’s threat to impose 50 per cent tariffs on the metal. Plus, Nvidia has hit a record market capitalisation at $4tn.Me ... Show More
7m 18s
Jul 9
BCG tries to limit Gaza work fallout
EU negotiators are closing in on a trade deal with Donald Trump that would cement higher tariffs than those granted to the UK, and Boston Consulting Group’s chief executive said the group’s involvement with a postwar plan for Gaza had been “reputationally very damaging”. Plus, Eu ... Show More
10m 31s
Recommended Episodes
Aug 2023
Could a reshuffle revitalise Sunak’s government?
It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s US p ... Show More
35m 52s
May 2023
Inflation and migration: Sunak’s problematic pledges
Cutting inflation and stopping small-boat migration are two of Prime Minister Rishi Sunak’s five core priorities, but there's no let-up in inflation or unhappiness with the government's policy on asylum seekers. George Parker, the FT’s political editor, discusses with economics c ... Show More
29m 47s
May 2022
It’s definitely not a windfall tax!
We start with that huge bailout package for struggling families announced by the chancellor and the controversial taxes he raised to fund it - a £5bn windfall tax on energy companies with more to come.The FT’s economics correspondent Delphine Strauss and special guest Torsten Bel ... Show More
27m 52s
Jan 2022
The Met investigates
The announcement that the Metropolitan Police will now investigate gatherings in Downing Street during lockdown has added to pressure on the prime minister. It comes just as the government prepares for the publication Sue Gray’s report.Adam and Laura are joined by the BBC’s home ... Show More
34m 43s
Sep 2022
Bank Statement
The government has rejected calls to abandon its mini-budget despite the Bank of England having to step in, in an unprecedented move, amid market turmoil.Adam is joined by Chris, Simon Jack, the FT’s Gillian Tett and author Duncan Weldon to help us understand the economics, polit ... Show More
35m 55s
May 2023
Local elections: How bad was it for the Conservatives?
For Prime Minister Rishi Sunak the results were ‘disappointing’, Labour’s Sir Keir Starmer claimed his party was heading for power and Lib Dem leader Sir Ed Davey wore a ‘Cheshire cat’ grin. What do this week’s local elections in England show about the likely direction of the nex ... Show More
24m 6s
May 2022
Newscast! The Musical
One of our listeners has sent in a tribute to Chris Mason, Newscast star.Chief Secretary to the Treasury Simon Clarke joins Adam, Chris and Alex Forsyth to talk about the government’s decision to give every household a £400 discount on their energy bills. It’ll be partly funded b ... Show More
31m 33s
Nov 2022
Jeremy Hunt’s sombre Autumn Statement
The chancellor unveiled a £55bn plan for fiscal tightening this week, with the biggest drop in living standards for 70 years. We unpack all of the fiscal forecasts, tax rises, spending cuts and how Rishi Sunak can navigate the tricky politics. Plus, we also examine whether Hunt h ... Show More
39m 24s
Nov 2022
Recession.
The highest tax burden in decades. The biggest drop in living standards on record. The UK and its economy is stuttering into a second recession in a decade. The news today delivered by Chancellor Jeremy Hunt was not good. Emily, Jon and Lewis unpack the Autumn Statement on today' ... Show More
26m 37s
Sep 2022
Mini Maxi Budget
Chancellor Kwasi Kwarteng unveils the biggest package of tax cuts in 50 years, before being questioned by Chris on his thinking. We hear what the chancellor has to say, as well as Chris’s thoughts, and those of the Financial Times’ Clear Barrett and former Bank of England Chief E ... Show More
35m 56s