Banking "Big Bang" Theory 2.0

Newscast

BBC

Politics, News

4.4 • 6.4K Ratings

🗓️ 9 December 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Is it the biggest shake-up for 30 years? The government has announced banking reforms that it says will "cut red tape" and "turbocharge growth". The BBC's economic editor, Faisal Islam, and banking analyst, Frances Coppola, unpack the government's plans to ease regulation. And winner of this year’s Turner Prize, Veronica Ryan, discusses the artwork that got people’s attention, and whether the Elgin Marbles should be returned. Today’s episode was presented by Adam Fleming and made by Chris Flynn with Cordelia Hemming and Khadra Salad. The technical producer was Emma Crowe. The assistant editor was Sam Bonham.

Transcript

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0:00.0	BBC Sounds, Music, Radio, Podcasts.
0:05.0	Hi, newscasters. It's Chris Mason here.
0:07.1	If you enjoy newscasts, then make sure you follow
0:09.5	and subscribe to us on BBC Sounds,
0:12.5	or wherever you find your podcast.
0:14.6	And if you really do, ooh stamina,
0:17.5	then you'll listen to them,
0:18.6	the minute you spot them in your feed.
0:21.0	Anyway, on with today's latest episode.
0:23.8	Hello, shall we check in or check out, I should say,
0:28.0	the newscast basket of goods, our friends at Cantar,
0:31.1	the consumer data people have been in touch
0:32.8	with the latest updates.
0:34.5	So let's get the conveyor belt rolling.
0:37.6	Cheddar cheese in the last year has gone up in price
0:41.8	by 26%.
0:44.6	Tin of dog food is up 31%.
0:48.4	Butter up 27%.
0:51.1	Milk up 36%.
0:53.5	But what's this?
0:54.5	A food stuff that is bucking the trend
0:56.8	and has actually gone down in price on average.
	...

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