A subdued Spring Statement
Wake Up To Money
BBC
4.1 • 775 Ratings
🗓️ 4 March 2026
⏱️ 54 minutes
🧾️ Download transcript
Summary
Sean Farrington examines how the US-Israeli war with Iran is hitting the UK economy, from the FTSE 100 to the pound.
And we also hear from some of the 250 thousand British expats in the UAE about their experience of the conflict – and whether it has changed their minds about life in the region.
Elsewhere, we digest the chancellor’s much-downplayed spring statement.
Transcript
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| 0:00.0 | BBC Sounds, Music, Radio Podcasts. |
| 0:05.6 | Hello, I've just nipped in before your BBC podcast starts to tell you all about |
| 0:09.4 | You're Dead to Me. We're the comedy podcast that takes history seriously. Also from the BBC |
| 0:13.9 | and presented by me, Greg Jenner. I should have told you that at the beginning. Sorry. |
| 0:17.9 | Anyway, like many other BBC podcasts, such as Desert Island Discs, Evil Genius, or In Our Time, your dead to me is available first on BBC Sounds, |
| 0:26.3 | a whole month earlier than anywhere else, in fact. So if you can't wait another day to hear |
| 0:31.2 | the very latest in history and loads of other good stuff, then listen first on BBC Sounds. |
| 0:37.0 | Wake up to Money from BBC 5 Live. |
| 0:40.4 | Hello, welcome. It is Wake Up to Money. |
| 0:43.1 | And markets again have taken a bit of a battering as a result of the ongoing US-Israeli war in Iran. |
| 0:51.7 | Stock markets overnight in Asia taking a hit. We're going to have a look at bond prices, |
| 0:56.6 | you know, the prospect for interest rates effectively and what people think might happen there. |
| 1:00.8 | What investors are telling us prices for oil and gas have been rising quickly, continue to rise. |
| 1:06.9 | It seems this morning as we look at the oil price, our experts, will tell us why that is the consequences of it. |
| 1:13.7 | How long this might go on for your questions do keep them coming? |
| 1:17.3 | We're going to have a look at what was always billed as a low-key spring statement |
| 1:22.0 | that was felt like a budget in previous years from the Chancellor. |
| 1:26.6 | We'll find out how the conflict in the Middle |
| 1:28.5 | East might actually impact Rachel Reeves' plans. And with the United Arab Emirates being |
| 1:33.7 | among those hit by Iranian strikes, we're going to speak to some of the Brits who've moved |
| 1:38.8 | to make a living out there. |
| 1:40.9 | Wake Up to Money with Sean Fararrington. Good morning to you. |
... |
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