106: CONTINUED Commodities, AI Demand, and UK Political Turmoil Guest: Simon Constable Simon Constable reported on market trends
The John Batchelor Show
John Batchelor
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🗓️ 20 November 2025
⏱️ 7 minutes
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CONTINUED
Guest: Simon Constable
Simon Constable reported on market trends
1916
Transcript
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| 0:00.0 | I'm John Batchel with my good colleagues, Simon Constable. He is in the south of France in |
| 0:09.2 | paradise. We've been reflecting on commodities and prices. Now we turn to the trouble in Parliament. |
| 0:15.2 | Sir Kirstarmer is the Prime Minister. And yet, we've been with a 165 majority, meaning he can do anything he wants because he's elected to lead an overwhelming number of votes, anything he wants. |
| 0:29.0 | Even with that, he is constantly in trouble with his own back bench. |
| 0:35.6 | And the revolts are so commonplace now, you just wait for them. The headline will |
| 0:41.1 | appear. Let me count the ways. Taxes have reversed themselves. Labor has so many times since the election. |
| 0:48.4 | I forget the original promise. We're waiting for the fall budget, but it looks like they're going |
| 0:53.4 | to tax everything that's living |
| 0:54.9 | and dead and tax it in a way they promised they wouldn't. This is labor. Then we have immigration, |
| 1:01.6 | which is a much longer story, but it involves the fact that labor promised to solve the immigration |
| 1:06.9 | problem as the Tories did not. It's not only not solved. Nobody likes what's |
| 1:11.7 | happening next. The Financial Times writes, for example, a strategy to restore public trust |
| 1:17.4 | has two essential ingredients, tighter control over the number of people arriving, and a comprehensive |
| 1:23.0 | plan to cushion the impact on communities that attract large numbers of newcomers. |
| 1:28.4 | The evidence suggests that immigration adds to national prosperity, but that is an aggregate |
| 1:33.2 | calculation. |
| 1:34.9 | Many of the places in which the immigrants settled are among the country's poorest and already |
| 1:40.0 | face strains on public services. |
| 1:42.4 | New arrivals invite resentment. |
| 1:46.5 | The payoff with regard to Kirstarmer. Stopping the boats is an impossible task, right CFT. In cooperation with France, |
| 1:53.7 | even if, the government may succeed in capping the numbers. However, past experience shows that with |
| 2:00.7 | focus and resources, the government |
... |
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