The Rest Is Money
Robert Peston and Steph McGovern follow the money to bring you insightful stories from the world of business and finance.
Who’s making money and who’s spending it? Who’s investing, and who’s innovating? How will AI affect the way we work and why are Saudi Arabia buying up sport? How can the UK economy recover its productivity and adapt for the future?
Steph and Robert tap their extensive business contacts to answer these questions and decode the jargon to help make sense of the financial world.
Episodes
112. What Trump’s Economics Means For Us
Steph and Robert discuss how the UK should respond to Trump’s economics, why business is falling out of love with Labour and whether Starmer’s plan for clean energy by 2030 is deliverable or sensible.
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Email: restismoney@gmail.com
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TikTok: @RestIsMoney
goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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14/11/24•36m 48s
111. What Would Happen If We Didn't Tax Anyone?
The Undercover Economist, Tim Harford joins Steph to answer your questions, including how a taxless society would operate, whether we can get ourselves out of economic mess by making different lifestyle choices and where butter mountains and wine lakes come from.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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11/11/24•43m 31s
110. Will Trump Make Us Richer Or Poorer?
Robert and Steph look at the risks and rewards of Trump’s radical plan to reshape America’s economy, they profile the unconventional likely next Treasury Secretary in a Trump administration, they explain how Trump could blow up Rachel Reeves’s budget and they highlight how crypto is huge in US politics and non-existent in European.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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08/11/24•35m 28s
109. How Can We Make Taxes Pay?
What do beards, bachelors and windows have in common? Financial Times Columnist, Tim Harford takes us on a tax tour. And with £40 billion pounds worth of tax rises coming our way, Tim chats to Steph about what difference they’ll make and whether we’ll get the growth Labour want.
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07/11/24•45m 42s
108. Rachel Reeves Has Made An Important Start
Robert and Steph chat to former Chief Economist of the Bank of England, Andy Haldane, about whether the Chancellor took enough risks in her budget, whether many economists are being too gloomy about the outlook for productivity and wages, and why we need a revolution in our schools and universities.
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Email: restismoney@gmail.com
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goalhangerpodcasts.com
Assistant Producer: India Dunkley, Becki Hills, Evan Green
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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04/11/24•51m 2s
107. Rachel Reeves: “We Don’t Need To Come Back And Ask For More”
Robert and Steph hear from the Chancellor about how she shaped her history-making budget, why she won’t be coming back for much more tax in future budgets, why the IFS is wrong to say she’ll have to top up departmental resources in the coming spending review and what she has to say to the business owners who will bear the brunt of the tax raises.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley, Evan Green, Becki Hills
Producer: Ross Buchanan, Joey McCarthy
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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01/11/24•34m 11s
106. How Much Pain Is Rachel Reeves Inflicting?
Was the budget too harsh on small and medium businesses? How much pain will ‘working people’ feel from the tax changes? Is the OBR right that this mega budget won’t increase the size of the economy over five years? Steph and Robert discuss.
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goalhangerpodcasts.com
Assistant Producer: Evan Green, India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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31/10/24•39m 28s
105. What You Need To Know To Judge The Budget
Robert and Steph assess Reeves’ ambitions for the most important budget since the 1980s, whether hypothecated taxes work, and how Russia, China and India are plotting the biggest attack on America's economic power in history.
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goalhangerpodcasts.com
Assistant Producer: Evan Green
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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28/10/24•53m 28s
104. Martin Lewis: Are we better off under Labour?
Martin Lewis, the MoneySavingExpert, joins Robert and Steph to crunch the numbers on how Labour got it wrong on the winter fuel payment, the scandal of councils’ vicious debt collection, how schools are failing our children and why, despite suing Facebook, scammers are still getting away with using his face.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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23/10/24•50m 43s
103. It’s Time To Live With Higher Inflation
Steph and Robert talk to leading economist and investor Mohamed El-Erian about how growth is the only solution to our national debt burden, how he would re-write the fiscal rules to allow for much more public investment and why central banks must increase their inflation targets from 2% to 3%
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Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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20/10/24•47m 19s
102. Anthony Scaramucci: The Truth About Trump’s Economic Madness
Former Trump staffer and The Rest Is Politics US host, Anthony Scaramucci joins Steph and Robert to explain why Trump’s planned interference with the Fed would wreck the US economy, why America’s billionaires like Musk don’t care and why he’s backing Harris.
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goalhangerpodcasts.com
Assistant Producer: Alice Horrell
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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16/10/24•56m 46s
101. How Rachel Reeves Will Re-Write Fiscal Rules
What options does Rachel Reeves have to allow for more investment, how can we be more productive as a service economy and does the NHS have a management problem? Steph and Robert answer your questions.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley + Becki Hills
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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13/10/24•38m 24s
100. John McDonnell's Alternative Autumn Budget
Robert and Steph are joined by former Shadow Chancellor of The Exchequer, John McDonnell, to discuss what he thinks Rachel Reeves should and shouldn't do in the upcoming budget, how child poverty should be Labour's number one priority, and how he feels about this Labour government in general.
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goalhangerpodcasts.com
Assistant Producer: Becki Hills
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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09/10/24•43m 13s
99. How To Stop Big Tech Damaging Mental Health
Robert speaks to economist Danny Blanchflower about the surge in mental ill-health among young people, which his global research shows is linked to the proliferation of smart phones since 2014. As a former member of the Bank of England’s MPC, he also talks about what’s gone wrong at the Bank.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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06/10/24•34m 41s
98. Why Reeves Is Struggling To Find Taxes
Robert and Steph discuss how changing pensions tax relief in Rachel Reeves’s budget could lead to strikes by public sector workers, why putting up capital gains tax rates may see less money raised by government and why private equity giant Blackstone is investing £10bn in the North East to build the biggest AI data centre in Europe.
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02/10/24•36m 59s
97. The Economics of Happiness
Robert and Steph are joined by Lord Richard Layard, a 90 year old economist who has dedicated his life to researching and encouraging politicians to consider the happiness of their populations when taking decisions.
They also discuss whether faster growing economies increase wellbeing and how the presence of women in politics has positive effects on the people who live in those countries (most of the time).
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Email: restismoney@gmail.com
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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29/09/24•34m 34s
96. Will The Autumn Budget Cure Our Blues?
Robert and Steph discuss how the Treasury can encourage more investment to fix the economy and public services, why the Bank of England didn’t cut interest rates and isn’t doing more to stimulate growth, and whether the government is right to force employers to allow us to work from home.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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25/09/24•33m 9s
95. The Children's Homes Scandal: Part Two
Robert and Steph catch up after the huge response we’ve had to the Children’s Services special episode and ask the Secretary of State for Education, Bridget Philipson, how she intends to fix the shocking crisis currently involving the hundreds of millions of pounds of profit being made each year on the care of children at the taxpayer’s expense.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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22/09/24•43m 29s
94. How To Fix Education
Secretary of State for Education, Bridget Phillipson tells us her plans to solve: the skills gap, teacher’s pay needs, early years childcare provision, further education underfunding, the rising demand for SEN services, the forgotten third (kids who fail maths and English GCSE), plus Robert and Steph’s biggest obsession; how do you make sure schools prepare young people for the world of work.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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18/09/24•45m 39s
93. The Children's Homes Scandal
A special episode on the hundreds of millions of pounds of profit disappearing out of our children's homes and into the hands of private investors. With four out of five owned by private companies, and some ultimately owned by private equity firms and sovereign wealth funds, Robert and Steph look at why our cash strapped councils are forking out so much and what needs to be done to make sure our most vulnerable children are not losing out.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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15/09/24•41m 53s
92. Are Labour’s economic plans in trouble?
Robert and Steph discuss how Starmer and Reeves made such a mess of scrapping the winter fuel payment, whether they were also wrong to abolish the social care cap and the risks of their new protections for workers.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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11/09/24•39m 26s
91. Should everyone get free money?
Robert and Steph look at the pros and cons of a Universal Basic Income. They also answer your questions on increasing the income tax threshold to £20k and discuss whether concert goers are being ripped off.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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08/09/24•38m 1s
90. How Billionaires Think
Robert and Steph are joined by polling guru Nate Silver to discuss how Silicon Valley investors and tech billionaires are a breed apart from politicians and journalists, how they measure risks before making huge bets, and what we can learn from them.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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04/09/24•42m 43s
89. Why are so many young people struggling to get a job?
With joblessness amongst young people the highest it’s been for a decade, Lauren Mistry from Youth Employment UK talk exclusively to Robert and Steph about the disturbing findings of their Youth Voice Census.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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01/09/24•46m 45s
88. Why are Labour drip-feeding us the bad news?
Steph and Robert discuss Keir Starmer’s gloomy speech that set the tone for a ‘painful’ Autumn budget, look at why short selling the stock market isn’t always a bad thing and team up with The Rest Is Entertainment to discover why celebrities are launching so many alcohol brands.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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28/08/24•39m 49s
87. Will Labour Scrap Council Tax?
Steph is joined by economics commentator Grace Blakeley to answer your questions, including what a world without landlords would look like, how Labour might reform council tax and whether community fundraising would help improve local infrastructure.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley, Becki Hills
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Tony Pastor + Jack Davenport
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25/08/24•41m 27s
86. The 'Capitalist Lie': who's really in control?
This week Steph is joined by economics author Grace Blakeley who argues that capitalism is not what we think it is. They discuss whether we really are in a free market and what that means for the government's plans like the National Wealth Fund. Plus, whether there can ever be equality with a two tier education system.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley, Becki Hills
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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21/08/24•44m 48s
85. The most important Industrial Revolution in history
Robert and Steph are joined by Azeem Azhar, influential tech thinker, to discuss how disruptive artificial intelligence is changing business forever, our need to rethink entire economic structures at the point of singularity and how Elon Musk went from being just another Silicon Valley geek partygoer to the most powerful billionaire in history.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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18/08/24•47m 8s
84. Why inflation hits the poorest hardest
What actually is ‘cheapflation’? Are higher rental costs anti-business? What would happen if we stopped trying to control inflation and just let it run its course? Robert and Steph answer your questions.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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14/08/24•36m 42s
83. Do the UK riots benefit Elon Musk?
How does hate speech on X impact Elon Musk’s business and why is he suing advertisers? What do we mean when we say that the UK is a “services economy”? Should you pay less VAT in poorer areas? Robert and Steph answer your questions.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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11/08/24•40m 11s
82. Stock market turmoil: is it time to panic?
Karen Ward, a Chief Market Strategist for EMEA at one of the world's leading financial institutions, JP Morgan Asset Management, as well as a former advisor to an ex chancellor, joins Steph and Robert to discuss turmoil in world markets, whether the US is heading for recession, where interest rates should settle and how to fix the British economy.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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08/08/24•47m 42s
81. Can Starmer’s mission-led government fix the economy?
Mariana Mazzucato, who created the concept of "mission-led government", talks to Robert and Steph about Labour’s five missions and whether they will work, what Rachel Reeves should have done instead of her spending audit announcement and how devolved powers can change a government’s mission.
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Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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04/08/24•47m 14s
80. Which taxes will Rachel Reeves raise?
Dan Neidle, the man described as a "tax dodger's worst enemy", joins Steph and Robert to discuss the options Rachel Reeves has to fill the £22bn black hole in the publics finances at her 30 October budget, how to reform our crazy tax system and why the cowboys who devise tax avoidance scams are rarely punished.
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Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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02/08/24•50m 33s
79. The Plan To Get Britain Back To Work
The number of people who’ve left the Labour force because of mental and physical ill health is at record levels. It means employers can’t hire the people they need, the country is dependent on immigration and the costs of disability benefits are soaring. Former Labour Health Secretary Alan Milburn has a plan to fix this, which he discusses with Steph and Robert.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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28/07/24•45m 2s
78. What impact would another Trump presidency have on the UK?
How much will a new US president hurt or help our economy? Where will Rachel Reeves find the money to fill an enormous hole in the public finances that she’ll reveal next week? Will her new 'Covid Czar' be able to recover billions from dodgy Covid deals and furlough fraud? Robert and Steph answer your questions
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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24/07/24•43m 49s
77. What do small businesses think about the new worker’s rights?
Robert and Steph are joined by one of the most famous investors in the United Kingdom, Deborah Meaden, to hear about her conversation with Keir Starmer on the future of business, what it’s like to be an investor on Dragon’s Den, and the key criteria she looks for when backing an entrepreneur with a bright idea.
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goalhangerpodcasts.com
Assistant Producer: India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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21/07/24•35m 2s
76. Is Labour's King's Speech bold enough?
Sir Keir Starmer says his big ambitions are to rebuild prosperity and trust. What new laws did he propose in the King’s speech? Will they work and are they enough? Robert and Steph are joined by Alastair Campbell from The Rest Is Politics on a crossover episode of The Rest Is Money.
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goalhangerpodcasts.com
Assistant Producer: Fiona Douglas, India Dunkley
Producer: Ross Buchanan
Head of Content: Tom Whiter
Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport
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18/07/24•40m 50s
75. Bank of England Economist: Interest rates must be cut
Economist and external member of the Bank of England’s Monetary Policy Committee, Swati Dhingra talks to Robert and Steph about why she thinks the time has come to lower Bank Rate, the interest rate set by the Bank of England that determines the cost of borrowing and savings rates for all of us.
She discusses the heavy responsibility of deciding how much money the British public have in their pockets and discusses where interest rates are likely to settle for the next ten years or longer. The Rest Is Money also examines with her why the Bank of England was too slow to raise interest rates when the inflationary surge began and whether monetary policy can be adapted to meet the different needs of the UK’s regions
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14/07/24•44m 22s
74. Labour’s first economic move in government
Does capitalism only work if people continue to be poor? How can we encourage young people to contribute to their pension? What do we know so far about Labour's economic policy? Steph and Robert answer your questions.
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10/07/24•47m 1s
73. What will Keir Starmer do now?
Robert and Steph debrief after an incredibly dramatic week in politics, discussing the new cabinet appointments, what it’s like to ask a question at a Prime Minister’s press conference and how the markets reacted to the results of the General Election.
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07/07/24•35m 31s
72. Polling Day Special: What happens if Labour fail?
How would Great British Energy actually work? Could the Lib Dems become the official opposition? What would Robert and Steph do if they were in charge of the budget? The Rest Is Money team answer the questions that matter, on our General Election special.
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03/07/24•46m 5s
71. How could our money be better spent within the NHS?
Robert and Steph answer your questions including, how do we measure our productivity in the UK? Why didn’t the Bank of England cut interest rates? How much of what we invest actually come back to the Exchequer?
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01/07/24•35m 8s
70. What’s Labour’s plan for growth?
How do Labour plan to grow the economy? Would Shein be allowed to float on the London Stock Exchange? Will regulating AI boost productivity without costing jobs? Robert and Steph are joined by the Shadow Secretary of State for Business and Trade, Jonathan Reynolds to find out.
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26/06/24•53m 41s
69. Does debt really matter?
Is this the first time since Brexit that the UK has something that the EU actually needs? What would happen if capital gains tax was applicable on all property? Do we need to increase the tax burden by to get better public services? Robert and Steph answer your questions.
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23/06/24•31m 29s
68. Election Tax Special: What do political parties want to do with your money?
Who are the "working people" that Keir Starmer has promised no tax increases for? Would Reform UK send the markets into a spiral if they got into power? How would the Green Party raise money to fund their ambitious net zero pledges? Robert and Steph examine the manifestos and provide answers to the big tax questions.
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18/06/24•43m 47s
67. The Labour Manifesto: Is it really pro-business?
How can Labour avoid austerity? What are the party’s plans for education? Can Labour position themselves as the party of wealth creation? Join Robert and Steph as they break down the Labour manifesto in this episode of The Rest is Money.
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14/06/24•43m 31s
66. The Conservative Manifesto: what would they do with your money?
What are the Tories planning if they win the General Election on July 4th? Can they really raise enough money from welfare and tax avoidance to cover their promises? What is the purpose behind cutting national insurance again? Robert and Steph break down the 76 page Conservative manifesto to find out if the maths really do add up.
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12/06/24•45m 51s
65. Are climate boycotts doing more harm than good?
Are Fossil Free Books right to put pressure on Hay, Cheltenham and Edinburgh International Book Festival to drop their main sponsor? How do political parties fund their election campaigns? Do high street banks make a profit when the Bank of England put up interest rates? Robert and Steph answer your questions.
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09/06/24•36m 20s
64. How Labour could end the strikes with Mick Lynch
If Starmer and Labour win, how does Mick Lynch think he should fix Britain? Steph and Robert talk with the UK’s influential trade union leader to answer this question and more.
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05/06/24•51m 41s
63. Will Labour’s Plan To ‘Make Work Pay’ Actually Work?
Is Labour’s new 24 page plan too heavily skewed towards workers and leave businesses powerless? Robert and Steph dig into the Labour Party’s new proposal to ‘Make Work Pay’ on this episode.
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02/06/24•48m 11s
62. Is there any money left?
Head of the IFS, Paul Johnson, joins Steph and Robert on this episode of The Rest is Money. Will the next government have to increase taxes? Will growth and productivity improve? What is within the next Chancellor’s power to change? Listen as we answer all these questions and more.
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29/05/24•52m 40s
61. Is it time for a wealth tax?
Where will the Treasury find £10 billion for infected blood victims? How do you actually question and challenge business leaders and politicians? And is is true that we're running out of cocoa? Join Steph and Robert as they answer all these questions and more on this episode of The Rest is Money.
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Audio Editor: Dan Riedo
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26/05/24•41m 3s
60. The economics behind Sunak’s general election gamble with Torsten Bell
What are the implications of lower inflation for a general election? In a globalised economy, do we really have control of our prices as a country? And with lower inflation will we see some relief on interest rates? Robert and Steph are joined by Torsten Bell, Chief Executive of the Resolution Foundation, to answer all these questions and more
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22/05/24•50m 17s
59. Tim Harford, the Undercover Economist: Are we too ideological about privatisation?
Is happiness correlated with GDP? Are Gen Z richer than their parents? Could Modern Monetary Theory ever be implemented? Robert is joined by Tim Harford, the Undercover Economist, to answer all these questions and more.
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19/05/24•50m 46s
58. Is ‘sick note culture’ real? Why are living standards still stagnating? Will the UK always be a global economic power?
Why has the UK workforce shrunk by half a million people post-COVID? Do UK businesses need better managers? How do we restore faith in democracy in the UK and abroad? This week Robert is joined by Andy Haldane, former Chief Economist of the Bank of England, to answer all these questions and more.
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15/05/24•28m 17s
57. How to fix UK growth, why economists fail, and restructuring our economic institutions - Andy Haldane
What’s caused the UK’s growth problem and how can we fix it? Does the UK need more domestic investment? Should our economists be able to predict crises?
As interest rates are left unchanged at a 16-year high of 5.25%, join Robert as he interviews Andy Haldane, former Chief Economist of the Bank of England.
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12/05/24•49m 17s
56. Brexit benefits, accepting failure, and working in James Bond's office - Dominic Johnson: Minister for Investment
Can we attract companies to list in the UK by thinking more holistically? Are there any long-term benefits of Brexit? What's it like working in James Bond's office? Join Robert as he interviews Minister of State for Investment, Lord Dominic Johnson.
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08/05/24•58m 8s
55. Liz Truss: The Finale (Part 5)
In the final part of her interview, Liz Truss joins us to give her side of the story and discuss the aftermath of the minibudget that ultimately led to her downfall.
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05/05/24•35m 4s
54. The Liz Truss Interview: Who Killed Liz Truss? (Part 4)
At what point did Liz Truss know her days were numbered? Have politicians given away too much power to the Bank of England? Does she really believe that cutting taxes raises money for the government?
Liz Truss joins us in this episode of The Rest is Money, the first of a two-part interview, to give her side of the story and set the scene on the days before her her fall from power.
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01/05/24•44m 27s
53. Founding a bank, fighting for financial justice, and tackling loan sharks - Dave Fishwick
What are the obstacles in creating a new bank? Has banking become unethical? Should bankers' bonuses be capped? Join Steph and Robert as they interview Dave Fishwick, the businessman behind 'The Bank of Dave.'
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28/04/24•35m 56s
52. When privatisation fails: Why is the water industry drowning in debt?
How did Thames Water end up with so much debt? Do borrowing water companies serve only to pay their investors? Is this the start of a financial catastrophe? Join Steph and Robert in this deep dive into the water industry as they answer all these questions and more.
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24/04/24•34m 17s
51. Should businesses be owned by employees? - Dame Sharon White
Can you successfully operate a business as a democracy? Does the Treasury have a diversity problem? How can you cooperate with a government that keeps you in the dark?
Join Steph and Robert as they interview the head of John Lewis, Dame Sharon White, in this episode of The Rest is Money.
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21/04/24•50m 15s
50. How they avoid tax and get away with it
What is the difference between tax evasion and tax avoidance? Could cracking down on tax dodgers be Labour’s key to funding public services? Has Lidl’s expansion come to a halt?
Join Robert and Steph as they answer all these questions on today's episode of The Rest Is Money.
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17/04/24•33m 0s
49. Who Killed Liz Truss? Death on the Square Mile (Part 3)
After Truss's demise, will any heads roll at the Bank of England? What happened at Jeremy Hunt's first crisis meeting in Chequers? How is the UK still paying the price for this calamity?
In the final episode of our three part series, Steph and Robert reveal the lasting impact from this calamitous period and assess how the Bank of England got away with political murder.
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15/04/24•22m 35s
48. Who Killed Liz Truss? Britain on the Brink (Part 2)
Did the Bank of England commit political assassination? How would the Bank's rescue plan work? What happened behind the scenes at the IMF?
The final episode, 'Death on the Square Mile' will be released on Tuesday 16th April.
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14/04/24•33m 7s
47. Who Killed Liz Truss? Countdown to Calamity (Part 1)
What's the real story behind the financial crisis that followed the mini budget of Liz Truss and Kwasi Kwarteng?
In the first episode of a three-part series, Steph and Robert lift the lid on one of the most terrifying moments in recent British economic - and political - history.
Episode 2, 'Britain on the Brink', will be released on Monday 15th April. The final episode, 'Death on the Square Mile' will be released on Tuesday 16th April.
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10/04/24•40m 25s
46. The end of the gig economy’s golden era
Will your side-hustle be taxed? Who will benefit from freeports? What does Britain’s gig economy mean for productivity? Join Robert and Steph as they answer all these questions on today's episode of The Rest Is Money.
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04/04/24•28m 54s
45. Tom Kerridge: How to start a restaurant empire, tackling food poverty, and risking bankruptcy to build a business
Does Britain have a hospitality problem? What happens when your business partners don’t share your work ethic? Does taking risks always pay off?
Join Steph and Robert as they interview two-Michelin-star chef Tom Kerridge in this episode of The Rest is Money.
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03/04/24•51m 36s
44. Neuralink: Would you let Elon Musk put a chip in your brain?
How excited (or worried) should we be about Neuralink's first human patient? What happened to Vodafone, a British company that used to dwarf Apple in size? Why are so many UK assets now owned by foreign companies?
Join Robert and Steph as they answer all this and more on today's episode of The Rest Is Money.
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29/03/24•28m 39s
43. Billionaire or bust? Donald Trump's newfound 'fortune'
What's the real story behind Truth Social's billion-dollar valuation? What does it really mean to be "economically inactive"? Is encouraging older people to downsize their homes the best solution for the housing crisis?
Join Steph McGovern and Robert Peston as they answer all these questions and more in this episode of The Rest is Money.
To listen to the 'housing special' mentioned in the podcast, it is episode 30 in The Rest Is Money feed.
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28/03/24•36m 58s
42. Mariana Mazzucato: How consulting firms weaken business, the illusion of ‘growth’, and public vs private innovation
How do we get growth back in the UK economy? Why do we need social challenges to interact with innovation challenges? Does the consulting industry infantilise our Government?
Join Steph and Robert as they interview economist Mariana Mazzucato in this episode of The Rest is Money.
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22/03/24•54m 45s
41. Ban in the USA: Is TikTok's time up?
Why does the USA want to ban TikTok? Should Nationwide's members have a say in its Virgin Money takeover?
Join Robert and Steph as they answer all these questions on today's episode of The Rest Is Money.
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21/03/24•32m 3s
40. Should cannabis be legalised? What would happen if the government cancelled its debt? Are vets ripping us off?
What would be the economic impact of legalising prostitution and cannabis in the UK? How does the buying and selling of debt work between the government and the Bank of England? Why is the vet market being investigated by the CMA?
Join Robert and Steph as they answer all these questions on today's episode of The Rest Is Money.
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15/03/24•30m 0s
39. Norway vs Saudi Arabia: Should Britain have a sovereign wealth fund?
Should Britain have a sovereign wealth fund? How can the UK’s film industry be revived? Listen as Steph and Robert answer these questions and more.
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14/03/24•36m 6s
38. The plan to turbocharge the British stock market
Is the Great British ISA worth it for investors? Will the child benefit overhaul create more workers? Is the VAT threshold increase enough? Listen as Steph and Robert answer all these questions and more.
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08/03/24•37m 58s
37. What Jeremy Hunt’s Budget really means
Will you be better off from the Chancellor’s Budget? Who are the real winners? Has Jeremy Hunt managed to paint Rachel Reeves into a corner?
Join Robert Peston and Steph McGovern as they answer all these questions and more in this Budget special of The Rest Is Money.
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06/03/24•28m 48s
36. Why should you employ ex-offenders? James Timpson on the family dynasty, recruiting from prisons, and regenerating the high street
Why is it important for employees to know about their boss’s personal life? How do good managers generate 50% more revenue? How important are personalities over CVs? Join Steph and Robert as they interview CEO James Timpson in this episode of The Rest is Money.
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01/03/24•44m 34s
35. Could small businesses be the key to the country's prosperity?
What are the challenges facing SMBs in the UK, and is enough being done to support them expand abroad? What do small businesses have to do to unlock greater productivity and how can the government help? Listen as Steph and Robert answer all these questions and more in this episode of The Rest Is Money, following our recent partnership with Wise.
To back Wise’s call to End the Opt Out, visit wise.com/endtheoptout
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29/02/24•30m 53s
34. Why do companies buy back their own shares? Can high inflation actually be good for an economy? Why do so few women invest?
Where do the shares we buy come from? Why is there still a gender divide in the world of investment? Which jobs are most at risk from AI? Join Steph and Robert as they answer all these questions and more in this Q&A episode of The Rest is Money.
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23/02/24•33m 20s
33. The real story behind the Post Office's fight with Kemi Badenoch
What happened in the row between the Post Office's Henry Staunton and Kemi Badenoch? Why are British companies listing on the American market? Have Tory attitudes towards business changed? Listen as Steph and Robert answer all these questions and more.
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21/02/24•47m 8s
32. Dame Irene Hays: Saving Thomas Cook, owning Sunderland AFC, and using AI in business
How can companies use AI to safeguard their employees? Why was Hays hailed as “the hero of the high street”? Do private companies have a social responsibility?
Join Steph and Robert as they interview the chair of Hays Travel, Dame Irene Hays, in this episode of The Rest is Money.
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16/02/24•50m 39s
31. Artificial Intelligence: Britain's battle with the future
Is Britain being left behind in the AI revolution? Will AI improve our lives and make us richer? How should policymakers act to curb the impact on incomes? Listen as Steph and Robert answer all these questions and more.
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15/02/24•44m 55s
30. How to solve the housing crisis
How did owning a home become unaffordable? Could downsizing be the key to opening up more properties? Does the UK have too much of an obsession with home ownership? Listen as Steph and Robert answer all these questions and more.
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09/02/24•30m 39s
29. Musk vs Zuckerberg: A Tale of Two Tech Titans
How have Meta changed the way we consume the news? Why has a court blocked Elon Musk’s $56 billion dollar pay deal? What is the problem with wealth perception in the UK? Listen as Steph and Robert answer all these questions and more.
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08/02/24•44m 46s
28. Are the Tories bad for business? Richard Walker on leaving the Tory party, running Iceland, and emerging from his dad’s shadow
Is the Conservative party no longer the party of business? How are UK supermarkets coping with the Red Sea crisis? Is it possible to make green business choices affordably?
Join Steph and Robert as they interview executive chairman of Iceland, Richard Walker, in this episode of The Rest is Money.
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02/02/24•43m 6s
27. Jeremy Hunt vs the IMF, the end of working from home, and Peston’s deepfake scam
Is the IMF ever wrong? Does working from home reduce productivity? How concerned should we be about the wave of deepfake scams? Listen as Steph and Robert answer all these questions and more.
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01/02/24•34m 8s
26. Britain’s energy kraken: Greg Jackson on Octopus, rethinking renewables and the new age of energy technology
Could energy pricing be left to the markets? Should renewable energy be cheaper in the regions its generated? Will energy ever become more affordable?
Listen as Steph and Robert are joined by Greg Jackson to answer all these questions and tell his story on this episode of The Rest Is Money.
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26/01/24•51m 34s
25. Boeing’s turbulent future, the gamification of fitness, and the dilemma of MPs as landlords
Can Boeing recover from the safety concerns surrounding its planes? Are MPs' personal property investments causing them to go light on housing market regulation? Is the gamification of fitness a trend that will stick around? Listen as Steph and Robert answer all these questions and more.
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25/01/24•37m 35s
24. A wave of crisis in the Red Sea, Fujitsu's next move, and a Las Vegas Sphere in Middlesbrough?
What does conflict in the Red Sea mean for prices in Europe? How much did Fujitsu know about the Horizon software it sold to the Post Office? Would the UK be more productive if employees were granted shares in the companies they work for? Listen as Steph and Robert answer all these questions and more.
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19/01/24•45m 2s
23. Demystifying Davos: Debauched parties, billionaire backroom deals, and the next industrial revolution
Does anything actually get done at Davos? Why do tickets cost so much to attend the World Economic Forum event? What really happens at the infamous parties?
Join Steph McGovern and (veteran Davos attendee) Robert Peston for a special episode of The Rest Is Money, as they lift the lid on the secrets of one of the biggest events in the global business calendar.
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18/01/24•26m 10s
22. The cost of the Post Office scandal, trouble at Apple, and how hard is it to buy a home?
How much could the Post Office scandal cost the taxpayer? Will virtual reality boost Apple’s falling share price? Is it really not “that difficult” to buy a home? Listen as Steph and Robert answer all these questions and more.
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11/01/24•49m 33s
21. Jeremy Hunt, Chancellor of the Exchequer
Why does the UK have worse productivity than Germany? Is it better to start a business in your twenties, rather than your thirties? Does Britain’s Chancellor really have a sprung ballroom for dancing in his house?
Join Robert and Steph for their first ever interview on The Rest Is Money, where they’re joined by Jeremy Hunt, Chancellor of the Exchequer.
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09/01/24•36m 38s
20. Zombie companies & freeports: why is Britain so unproductive?
What are 'zombie companies' and why are we seeing more of them? How would freeports help the economy? How can we reduce Britain’s skills gap? Join Steph and Robert in this deep dive into productivity as they answer all these questions and more.
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04/01/24•28m 51s
19. Empire of chocolate, the man behind Shein, and Labour's economic vision for Britain
How will Hotel Chocolat fare under their new owner? How is Shein using AI to create next-level fast fashion? What could Labour do for business and the economy? Listen as Steph and Robert answer all these questions and more.
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28/12/23•44m 38s
18. How Ryanair conquered Europe, inflation elation, and the future of Boots
Is inflation getting back on track? Why has Ryanair been so successful? What does Boots’ potential sale mean for its future? Listen as Steph and Robert answer all these questions and more.
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21/12/23•50m 7s
17. Greenwashing, Man Utd rumours, and how would a wealth tax work?
Why is Unilever facing an investigation over greenwashing? What's next for Manchester United's deal with Jim Ratcliffe? Could a wealth tax actually be fairer than the current system? Listen as Steph and Robert answer these questions and more.
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14/12/23•40m 2s
16. Billionaire heirs, the money behind football, and the future of the Body Shop
Why are the next generation of billionaires breaking away from their family businesses? Who’s winning from Sky’s Premier League TV deal? Does The Body Shop need to go back to its activist roots?
Tune in to hear today’s episode of The Rest Is Money where Robert and Steph answer all these questions and more.
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07/12/23•47m 35s
Introducing... The Rest Is Entertainment
In their new podcast TV maestro and hugely successful author Richard Osman, along with The Guardian's razor-sharp columnist Marina Hyde unravel the mysteries and unveil the hidden gems within the vast landscape of entertainment. Blending knowledge, humour, and insight as industry insiders they'll talk television, films, books, music and celebrity gossip as well as offering an enticing peek behind the curtain.
Listen to the full episode now by searching The Rest Is Entertainment wherever you get your podcasts.
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04/12/23•9m 47s
15. Is the Bank of England fit for purpose?
Is the Bank of England broken? How is ‘BookTok’ turning the publishing industry on its head? Does boycotting brands make any difference?
Tune in to hear today’s episode of The Rest Is Money where Robert and Steph answer all these questions and more.
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30/11/23•43m 19s
14. Tax Cuts, OpenAI & Adidas' expensive mistake
Is Jeremy Hunt's budget a money illusion? What went on inside the board of Open AI? How much did Kanye West’s antisemitism cost Adidas?
Listen as Steph and Robert answer these questions and more.
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23/11/23•50m 56s
13. Inflation, Dating Apps & The Greensill Scandal
Does Rishi Sunak deserve credit for halving inflation? Have dating apps reached their peak? What really happened with David Cameron and the Greensill Scandal? And what are the financial ramifications of freeports? Listen as Steph and Robert answer these questions and more.
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16/11/23•52m 42s
12. FTX & WeWork: It’s The Hype That Kills You
What happened in 'one of the biggest financial frauds in history'? How will WeWork’s fall from grace affect its rivals? Are Christmas adverts still the driver of retail’s Golden Quarter? Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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08/11/23•52m 24s
11. Taylor Swift's Billion Dollar Business
How did a revolutionary healthcare business go from millions of pounds of NHS contracts to bankruptcy? What's the story behind Taylor Swift’s business empire? Are UK university degrees no longer worth it for graduates? Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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01/11/23•49m 9s
Bust? (Extract)
Have you heard? Robert's new book 'Bust? Saving the Economy, Democracy and Our Sanity' is out now!
To keep you going between TRIM episodes, here's an extract from the book read by Robert himself for you to enjoy.
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27/10/23•38m 36s
10. The AI Industrial Revolution
Can AI transform our economy? Should our employers have a responsibility for our health? Are fossil fuels here to stay? Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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25/10/23•51m 27s
9. How Microsoft won the battle for Call of Duty
What does the biggest deal in gaming history say about the future of the industry? Why are shops paying thousands of pounds for facial recognition cameras? How did Birkenstock become a billion dollar brand? Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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18/10/23•52m 16s
8. The 'Iron Chancellor' and her plan for Britain
What is happening at Metro Bank and is it doomed to fail? Why is the market for fake meat collapsing? Could Rachel Reeves' promise of 'iron discipline' transform Britain's economy?
Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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11/10/23•45m 9s
7. The Daily Mail, Saudi Arabia, or Boris Johnson: Who's going to buy The Daily Telegraph?
Is Octopus the 'Amazon' of the energy industry? Does LEGO have an innovation problem? Who's going to win the race to buy The Daily Telegraph?
Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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04/10/23•48m 22s
6. The truth behind Murdoch's succession
Would scrapping inheritance tax crash the stock market? Why is HS2 so over budget? What really happened when Rupert Murdoch stepped down last week?
Join Robert and Steph for this episode of The Rest Is Money as they answer all of these questions and more.
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27/09/23•1h 1m
5. SUNAK VS NET ZERO
Is Sunak's environmental U-turn bad for business? What's the real story behind his net zero delay?
Join Robert and Steph for this emergency episode of The Rest Is Money as they answer all of these questions and more.
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21/09/23•22m 6s
4. What Liz Truss got right
Should the Bank of England shoulder some of the blame for the economic turmoil during the Liz Truss premiership? Is Elon Musk really 'driven by inner demons'? How do TikTokers make money? Is 'surge pricing' blatant profiteering or basic economics?
Join Robert and Steph for today's episode of The Rest Is Money as they answer all of these questions and more.
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20/09/23•52m 3s
3. A Battle for the Heart of the Music Industry
How significant is the resignation of BP’s boss? Is there trouble looming on the horizon for British pensions? Has Universal Music Group reshaped the future of streaming? Why are American investment firms taking over European football?
Tune in to hear today’s episode of The Rest Is Money where Robert and Steph answer all these questions and more.
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13/09/23•46m 39s
2. The drug behind Europe's most valuable company
How much harm has been done by decades of governments investing too little? Is buy-now-pay-later causing misery or joy for young shoppers? Are supermarkets cutting prices fast enough? Is Novo Nordisk’s anti obesity wonder drug Semaglutide the most important pharmaceutical discovery of the century?
Join Robert and Steph as they answer all these questions and more on today's episode of The Rest Is Money.
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06/09/23•56m 39s
1. From the High Street to the City: Britain on the brink
Are we witnessing the slow death of the British stock market? Can the high street survive in 2023? Why is the French government paying its farmers to destroy the country's wine surplus?
Join Robert Peston and Steph McGovern as they answer all these questions and more in the first ever episode of The Rest Is Money.
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30/08/23•54m 12s
Trailer
**FIRST EPISODE - WEDNESDAY 30TH AUGUST**
Does money really make the world go round? Economics, business and finance have long been subjects we leave to the stock brokers, hedge fund managers and business school professors who spend their lives obsessing over them - but there’s no reason we shouldn’t discuss ‘money’ in the same way we talk about sport and TV.
In The Rest Is Money, business correspondent and broadcaster Steph McGovern is joined by old friend and economics expert Robert Peston to explore everything we need to know about the issues that affect us in our everyday lives: how will AI affect your job and our economic prospects? Are we stuck with higher inflation for years to come? Why are wealthy nations like Saudi Arabia buying up sport?
Steph and Robert will decode all the business jargon that you hear on the airwaves and break it down for you, while also reaching back into the past to revisit some of the biggest financial events of the last half century - to see if there are any lessons we can learn from them today…
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22/08/23•1m 20s