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This Is Why

Cost of living: How can I plan my finances now?

This Is Why

Sky News

News Commentary, Daily News, News

4.0552 Ratings

🗓️ 24 October 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

The Tories’ fourth chancellor in as many months has rewritten the prospects for our pockets, dismantling policies announced in last month’s mini-budget - as the party prepares for yet another new leader and prime minister.

From income tax to energy bills, changes announced by Jeremy Hunt, the new chancellor - along with rising inflation - will have a direct impact on household budgets.

On the Sky News Daily podcast, Saima Mohsin speaks to Mary Starks, an energy expert and former executive director for consumers and markets at Ofgem, the energy regulator, and Greg Marsh, who founded the free cost-of-living tool, Nous.

Annie Joyce – senior podcast producer
Alys Bowen – interviews producer
Nelly Stefanova – archive researcher
David Chipakupaku – podcast promotion producer
Philly Beaumont - editor

Transcript

Click on a timestamp to play from that location

0:00.0

You turned your dating app for pets into a business, which just turned over its first billion.

0:06.5

You turned around the fortunes of a failing football club, politely turned down a Nobel Peace Prize,

0:13.8

and turned up on Mars in your own reusable rocket.

0:18.8

While struggling to turn on the dishwasher.

0:21.8

There's more to imagine when you listen.

0:24.0

Discover business development titles on Audible.

0:27.0

Subscription required. See audible.co.uk for terms.

0:30.2

You know, when Helen used to get home from work, I'd ask, how are you?

0:34.4

Fine, she'd say.

0:36.1

She clearly wasn't.

0:42.3

After 10 years in IT, she was on autopilot. Then she found this job, training up-and-coming tech wizas at the college, same skills but with new people, new challenges.

0:49.8

Now when she gets back, I get the full debrief. Can't get a word in.

0:55.0

Give your skills new life.

0:56.6

Train others.

0:57.7

Search jobs in further education.

1:01.4

It's been a turbulent few weeks for the financial markets.

1:05.1

An intervention from the Bank of England, they say, to try to restore orderly market conditions.

1:12.2

Politics.

1:13.0

I am resigning as leader of the Conservative Party.

1:16.2

But also the British public.

1:18.8

I still haven't put the heating on.

1:20.4

I don't really want to do it.

...

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