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The Rest Is Money

164. The Great British Energy Crisis

The Rest Is Money

Goalhanger Podcasts

Business, Politics, News, Tech News

3.8903 Ratings

🗓️ 27 April 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Why does the UK have the most expensive energy in the world? Should the places that generate the cheapest energy get the lowest prices? Should the rich pay more for their power? Robert and Steph talk to Jonathan Brearley, the CEO of the UK’s energy regulator, OFGEM. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Now, I'm delighted to tell you that Monzo Business are now a proud partner of The Rest is Money.

0:06.0

We're teaming up for the next six months.

0:07.7

You'll be hearing why they're a great option for your business banking and how they're

0:12.7

supporting small businesses up and down the UK.

0:15.7

Now, since I am a Monzo business customer already, I can tell you all about it.

0:21.5

They've got three different plans to choose from depending on the size of your business.

0:26.1

So, for example, with two of us in mind, me of a business partner in our latest venture,

0:30.9

we've opted for the pro version, which comes with a load of tools to help us simplify

0:35.3

all of that financial admin.

0:39.1

There's also light for sole traders and team for those slightly larger businesses that are scaling up. So, why not join me

0:44.9

and over 500,000 businesses already banking with Monzo Business. And sign up for an account

0:51.3

today. Only sole traders or limited company directors in the UK can apply.

0:56.4

Invoicing is available with Monzo Business Pro for £9 a month

0:59.7

and team for £25 a month.

1:01.8

T's and Cs apply.

1:17.0

Hello, a month. Hello and welcome to The Rest is Money with me Robert Preston. And with me, Steph McGovern.

1:18.7

Now, today we are joined by Jonathan Braley.

1:22.7

Now, he is CEO of OffGem, of course, the energy regulator.

1:26.9

It's a job he's been doing since 2020. So he's

1:30.5

been in the game. A long time in energy before that, he worked in Downing Street as part of Tony Blair's

1:36.3

strategy team. We spent time with the civil service where he led the task force setting up the office

1:40.8

for climate changes. A man who's been consumed by energy policy for at least

...

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