Bank Statement

Newscast

BBC

Politics, News

4.4 • 6.4K Ratings

🗓️ 28 September 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

The government has rejected calls to abandon its mini-budget despite the Bank of England having to step in, in an unprecedented move, amid market turmoil. Adam is joined by Chris, Simon Jack, the FT’s Gillian Tett and author Duncan Weldon to help us understand the economics, politics and history behind what’s going on. This episode of Newscast was made by Tim Walklate with Miranda Slade and Chris Flynn. The technical producer was Emma Crowe. The editor was Jonathan Aspinwall.

Transcript

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0:00.0	BBC Sounds Music Radio Podcasts
0:04.9	Hello, well they say a week is a long time in politics.
0:07.8	Wait to hear how long a day is in the global financial markets.
0:11.2	We're going to tell you everything that's been going on,
0:13.2	explain it in proper depth and work out what it all means on this episode of Newscast.
0:18.4	Newscast.
0:19.4	Newscast from the BBC.
0:21.0	We will deliver, we will deliver, we will deliver.
0:24.0	Be on the back better.
0:25.3	Blah, blah, blah, green economy. Blah, blah, blah.
0:28.4	I've absolutely apologised for using the word scorn.
0:31.5	Calm down.
0:32.1	Enough is enough.
0:33.7	Have to love Easter.
0:35.2	Baby, if not enough, it was tractors I was looking at.
0:37.5	This is not the Russian People's War.
0:40.0	Femme, this is part of the whole easy sun.
0:42.2	I am virtually out of tools to help people now.
0:46.0	Hello, it's Adam in the studio.
0:48.0	And for another day, we are talking about the value of the pound against the dollar.
0:53.4	How much it costs to buy British government debt,
0:57.3	which is known as bonds or sometimes gilts.
	...

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