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Piers Morgan Uncensored

Piers Morgan Uncensored: GBP at record low & Greg Norman

Piers Morgan Uncensored

Piers Morgan Uncensored

News, Sports, Society & Culture

3.7650 Ratings

🗓️ 26 September 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

On tonight's episode of Piers Morgan Uncensored, Piers responds to the Government's handling of the economy as the pound tanks to a record low against the dollar. After HRH Queen Elizabeth II's funeral, Piers questions the future for Harry and Meghan. Greg Norman joins Piers in an exclusive discussing criticism from the PGA Tour and the Saudi golf tour row. Watch Piers Morgan Uncensored at 8pm on TalkTV on Sky 526, Virgin Media 627, Freeview 237 and Freesat 217. Listen on DAB+ and app.  Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Tonight, our Peers Morgan uncensored, market mayhem, as the pound tanks against the dollar,

0:06.0

as Britain's big tax cat gamble failed.

0:09.0

After their momentary truce for mourning, another weekend of revelations on the Royal Rift,

0:14.0

is there any road to redemption for Harry and Megan?

0:19.0

Engulfing legend Greg Norman opens up exclusively on the biggest rift in world sport.

0:28.5

Live from London, this is Piers Morgan Uncensored.

0:33.8

Well, good evening from London. Welcome to Piers Morgan Uncensored.

0:36.2

The Conservative Party used to be seen as a safe pair of hands for the British economy. Right now, those hands are throwing down cash at a roulette table. And it's not their money. It's yours. With their massive tax cuts, mostly for the rich, Prime Minister Liz Trust and Chancellor Kwazzi Quarteng have taken a reckless gamble with our economy,

0:55.6

and so far that gamble is failing. The pound tanked to an all-time record low against the dollar

1:01.1

today. That's not just some kind of psychological blow for the nation, or an inconvenience for tourists.

1:06.4

Put simply, it means you will get poorer. It means the things Britain sells get cheaper, the things

1:11.8

we buy get more expensive, including energy, in the middle of an energy crisis. It means the cost

1:16.9

to borrowing rockets, too. At exactly the moment that Liz Trust plans to spend more and less tax,

1:22.1

and tax less, all by piling up billions in debt, well, you haven't got to be an economist

1:26.7

to find all this pretty

1:27.9

terrifying. But plenty of economists do find it terrifying. What's happening today is nothing less

1:33.1

than a massive vote of no confidence in the new prime minister from the markets. So,

1:38.1

wonder, there are already rumors swirling among Tories writing letters of no confidence in it.

1:43.4

It's all smacks of casino politics.

1:46.3

And his trust is rolling the dice with our entire British finances. Meanwhile, the Bank of England

1:51.6

Governor Andrew Bailey sent out to put out the fire, managed to inflame it by telling us he won't

1:57.2

hesitate to raise interest rates in a statement in which he said he was hesitating

...

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