Government Spending: Nukes, New Homes and Nuclear Power
Wake Up to Money
BBC
4.4 • 754 Ratings
🗓️ 12 June 2025
⏱️ 54 minutes
🧾️ Download transcript
Summary
The government's Spending Review has been published and Wake Up to Money has been combing through the detail. Will Bain goes through the highlights with Kevin Brundish, chief executive of the battery scale-up company Lionvolt; Emma Wall, head of platform investments at Hargreaves Lansdown; and Simon French, chief economist at Panmure Liberum.
With technology, AI and nuclear energy getting boosts in investment in this spending round, we also hear from former boss of both Rolls Royce and semiconductor design firm ARM, Warren East.
Plus, a new report from Deloitte suggests that the English football system is "under strain," even though Europe's 'Big Five' leagues are collectively breaking records. Deloitte Sports Business Group's head of insights, Jennifer Haskel, explains why.
Transcript
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| 0:00.0 | Before this BBC podcast kicks off, I'd like to tell you about some others you might enjoy. |
| 0:05.1 | My name's Will Wilkin and I Commission Music Podcast for the BBC. |
| 0:08.7 | It's a really cool job, but every day we get to tell the incredible stories behind songs, |
| 0:13.5 | moments and movements, stories of struggle and success, rises and falls, the funny, the ridiculous. |
| 0:19.1 | And the BBC's position, at the heart of British music |
| 0:21.7 | means we can tell those stories like no one else. |
| 0:24.5 | We were, are and always will be right there at the centre of the narrative. |
| 0:28.6 | So whether you want an insightful take on music right now |
| 0:31.3 | or a nostalgic deep dive into some of the most famous and infamous moments in music, |
| 0:36.1 | check out the music podcasts on BBC Sounds. |
| 0:40.3 | BBC Sounds, music radio podcasts. |
| 0:44.1 | Wake Up to Money from BBC 5 Live. |
| 0:47.3 | Hello morning, welcome to Wake Up to Money. |
| 0:49.5 | After weeks of speculation, the Chancellor then has laid out her spending review in Parliament. |
| 0:55.1 | In place of decline, I choose investments. |
| 0:59.4 | In place of pessimism, division and defeatism, I choose national renewal. |
| 1:05.0 | So is the spending aimed at the right place and over the right time period? |
| 1:09.3 | We've assembled an expert panel to give |
| 1:11.3 | their assessment of that. Also on the program today, just how much of the US and China agreed |
| 1:16.0 | in their seeming trade truce. We'll take a look at that and how markets are reacting. |
| 1:20.8 | And English football is under increasing financial restraint according to a new report. Even |
| 1:26.8 | as Europe's big five leagues are making record money. |
... |
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