The Rest Is Money
Robert Peston and Steph McGovern bring you insightful business and finance stories.Join Robert Peston and Steph McGovern as they delve into the key challenges and opportunities facing today’s business world. From the complexities of tech investments to the impact of political decisions on global markets, this podcast offers valuable perspectives on current financial topics. Whether discussing business funding, economic policies, or corporate strategies, they provide listeners with the tools to understand today’s fast-evolving market.Each episode brings expert analysis on important issues, including market regulations, economic recovery, and the forces shaping the future of work. Robert and Step...
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Iran War: protecting the UK economy from the energy crisis
<p>Why is the UK economy the most exposed to the harm from Trump’s Iran war? How should Reeves respond? And with resources so tight, which families should be bailed out from rising energy prices? </p> <p><br></p> <p>Steph and Robert explain why Starmer should not waste this crisis, and should take the bold painful decisions to put Britain on a path to higher growth</p> <p><br></p> <p>Since the recording of this episode, Donald Trump announced a five-day extension on his ultimatum to "hit and obliterate" Iran. Robert and Steph's discussion today covers the to...
Does the Chancellor have a growth plan at last?
<p>The Chancellor claims she is finally focussed on growth, but is it too little too late? Will the EU agree to improve access for British exporters? How much of our taxes will she transfer to metro mayors and what will they spend it on? And why is she still so far behind the curve on AI?</p> <p><br></p> <p>Robert and Steph mark the PM’s homework, as she says she at last has a plan to make us richer.</p> <p><br></p> <p>The Rest is Money is brought to you by Octopus Energy, Britain’s sm...
Dire straits: Should the Royal Navy end the Iran oil blockade?
<p>How will Keir Starmer protect our living standards from the soaring energy costs caused by Trump’s Iran war? Can the Chancellor afford to subsidise our heating bills? And should the Prime Minister say yes to Trump’s request for British minesweeping drones and ships to be sent to the Straits of Hormuz?</p> <p><br></p> <p>Steph and Robert discuss the options available to the government to limit the economic damage from the Iran war.</p> <p><br></p> <p>The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.</p> <p><br>...
Iran War: why the poor will suffer
<p>Why are financial markets still failing to price in the true economic costs of "Trump’s war"? How is the UK facing a "double whammy" of both higher interest rates and declining living standards? Why is it considered "ludicrous" to believe the economy could return to normal quickly, even if the war ended tomorrow?</p> <p>Robert and Steph are joined by Mohamed El-Erian for an urgent deep dive into what the government can do to reduce the economic harm caused by the Iran war. Together, they assess the hit to global growth, and how rising energy and food pr...
BONUS: Trump's War - why it's making us poorer
<p>Trump appears to be chickening out again, but has he stopped the wild market fluctuations? Is there another way to move vital energy and commodities that doesn’t involve going through the Strait of Hormuz? How much damage has already been done to the global economy? And what does it mean for your mortgage?</p> <p><br></p> <p>Robert and Steph discuss the latest market turmoil and the wave of companies invoking a “force majeure" clause to suspend contracts. Plus, as ever, they look at what all of this means for the UK economy.</p> <p><br></p> <p>Th...
How AI changes everything we should teach kids
<p>Why is AI changing every job? Why is it insane that schools ban students from using it? How did Marc Warner grow his British tech leader Faculty AI into a £1bn-plus company?</p> <p><br></p> <p>Robert and Steph talk exclusively to Marc Warner as he sells Faculty AI to the world’s biggest management consultancy Accenture, hear how he and his data team persuaded Boris Johnson to lock down at the start of Covid, and how the NHS has destroyed the early warning system he built.</p> <p><br></p> <p>The Rest is Money is brought to...
Iran War: Are investors getting it wrong?
<p>Why hasn’t there been a dramatic increase in the price of oil since Iran’s retaliation aimed at key oil facilities and waterways? Are investors right not to worry too much yet? What will it take to end this? And following Trump’s fury at Starmer over his reluctance to let them use UK air bases, is the special relationship over? </p> <p><br></p> <p>With the continued unrest in the Middle East, Robert and Steph analyse the reaction of investors and look at what it means for the global economy. Plus they discuss whether this makes Rachel...
Will Trump’s war on Iran sink markets and the global economy?
<p>What are the consequences for oil and gas prices of Iran’s retaliation? Will the primary impact be higher inflation or lower growth, and what does this mean for interest rates? And are we heading for a stock market crash?</p> <p><br></p> <p>Robert and Steph also explain why the war is a nightmare for Rachel Reeves as she prepares tomorrow’s spring statement and for Starmer’s hopes of reducing the cost of living</p> <p><br></p> <p>The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.</p> <p><br><...
Trump trade tariffs - who is calling the shots?
<p>Did Trump’s two hour ‘state of the union’ speech tell us anything we didn’t know? What’s next for trade tariffs? Will anyone get a tariff refund? And where does all this leave Keir Starmer and his 2025 trade deals with the US?</p> <p><br></p> <p>With the US Supreme Court ruling that Trump overstepped his authority, Robert and Steph discuss what impact trade tariffs have had so far and whether Trump’s new 15% universal tariff will carry any weight. Plus we hear from UK manufacturers about how they’re feeling in all this trade chaos.</p> <p><br></p>...
The outsider’s edge: How Sir Michael Moritz built a billion-dollar empire
<p>What is the secret to scaling a startup into the next Google, Youtube or Airbnb? Why do you need an American on your board to be as successful as them? And what is Trump really motivated by? Plus why being an outsider can be a superpower in business. </p> <p><br></p> <p>Sir Michael Moritz ran Sequoia Capital for over 35 years and is one of the world’s most successful venture capitalists - he talks to Steph about the convulsive context of Trump’s America, what it takes to become one of the Magnificent Seven and how his fami...
