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The Rest Is Money

12. FTX & WeWork: It’s The Hype That Kills You

The Rest Is Money

Goalhanger

News, Politics, Business

3.61.1K Ratings

🗓️ 8 November 2023

⏱️ 50 minutes

🧾️ Download transcript

Summary

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. Email: restismoney@gmail.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is presented by Monsor Business. Now being your own boss is great. There's no one to

0:08.0

answer to. You get to choose your hours and of course you get to pay yourself and say good job me.

0:12.8

But there's nothing worse than chasing an invoice or sorting through admin, which is why

0:16.9

you love Monsor business. You can use digital invoices so your customers can pay you without

0:22.2

the FAF. That'll be why they were voted Best Business Banking Provider 2024 by Smart Money People.

0:28.1

It's no wonder business feels better with Monzo. Join over half a million businesses already

0:32.6

banking with them and apply for an account in minutes. Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:41.0

Invoicing is available with Monsor Business Pro for £5 a month.

0:44.5

T's and C's apply.

1:00.2

Hello and welcome to The Rest is Manny with me Robert Peston.

1:02.1

And me, Steph McGovern.

1:07.4

Now, Robert, last week, you left us on a cliffhanger because you said that after the podcast,

1:11.0

you were about to go off and interview the Prime Minister about AI.

1:11.9

What happened?

1:15.0

So the most surreal, I mean, Fad isn't quite the word,

1:22.3

but certainly the most surreal part of those two days is I went to the extraordinary chinwag between Elon Musk and the Prime Minister at Lancaster House,

1:26.1

that sort of foreign office building where

1:27.5

they filled quite a lot of the Crown. It's incredibly regal and majestic and ornate. And so they

1:33.7

were sitting on a stage and there was this really weird thing where it was the Prime Minister

1:40.1

interviewing Elon Musk. And some people have said it made the Prime Minister look slightly like

1:46.9

the junior partner, the sort of supplicant in this relationship, rather than, you know,

1:52.8

in theory, one of the most powerful people on the planet. And first of all, as a sort of symbol

...

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