Andy Burnham recently said that the government is ‘in hock to the bond markets’, and the political turbulence of the past few years, not least the downfall of Liz Truss following her ‘mini-budget’, would seem to back this up. But the bond markets are only part of the picture: the actions of the Bank of England and the fiscal rules a government sets for itsel ... Show More
Aug 30
Travel with Close Readings: ‘Invisible Cities’ by Italo Calvino
Italo Calvino’s novella Invisible Cities is a hypnagogic reimagining of Marco Polo’s time in the court of Kublai Khan. Polo describes 55 impossible places – cities made of plumbing, free-floating, overwhelmed by rubbish, buried underground – that reveal something true about every ... Show More
1h 37m
Nov 2023
44. Mark Carney: Bank of England, Trussonomics, and Brexit
Can financial markets help fight climate change? What's the true economic theory behind austerity? What does the Bank of England actually do?
Tune in to today's episode of Leading, where Mark Carney joins Rory and Alastair to answer all these questions and more.
TRIP Plus: Beco ... Show More
1h 3m
Oct 2022
U.K. Economy: All Eyes on the U.K.
<p>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 Sk ... Show More
8m 3s
May 2024
74. Kwasi Kwarteng: Liz Truss, becoming Chancellor, and Britain on the brink (Part 2)
Why did the Tory Party choose to make Liz Truss and Boris Johnson prime minister? How does it feel to be the second shortest-serving chancellor in post-war history? What was the true thinking behind the disastrous Truss-Kwarteng mini-budget?
On today's episode of Leading, Rory ... Show More
54m 38s