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Money Talks from The Economist

Money talks: Political currency

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 10 December 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

How are markets pricing the various possible outcomes of the British election? And, central banks are starting to incorporate climate risk into their forecasts, but some wonder whether they are over-reaching. Also, the nuts of wrath—a tale of Italian Nutella. Helen Joyce hosts. 



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Transcript

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0:00.0

Are you receiving tax credits?

0:02.0

If so, this message is for you.

0:04.5

Tax credits are coming to an end,

0:06.3

and most people will be asked to apply for universal credits instead.

0:10.0

The Department for Work and Pensions is writing to Tax Credit claimants.

0:14.0

You won't be moved automatically, so look out for your letter explaining what you'll need to do and by when.

0:19.0

And there's also lots of support to help you make the move.

0:22.0

Get ready for your Universal Credit Switchover.

0:25.2

Search Understanding Universal Credit today.

0:28.2

Eligibility criteria apply. Should Central bankers take action on climate change?

0:40.0

It's obvious that climate change is going to have an impact on the economy and so

0:44.8

Central Banks forecast need to start thinking about how to take that into account.

0:48.8

And the maker of Nautella's plans to spread out its hazelnut supply.

0:53.0

Ferrero wants to diversify its supplies and they want in particular to increase the amount

1:01.3

of acreage in Italy itself. increase the

1:02.6

amount of

1:03.0

Italy itself.

1:04.0

Hello, you're listening to money talks on economist radio.

1:08.0

I'm Helen Joyce, the economist's finance editor. Finance Editor. On the 12th of December, Britain will take to the polls to elect its next Prime Minister.

1:25.0

Boris Johnson is hoping the Conservatives can break the deadlock in Parliament and secure the

1:29.6

majority he needs to realise his vision for Brexit. But that majority is by no means

1:34.8

guaranteed and a hung parliament remains a real possibility. What might all this mean

...

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