4.7 • 2.7K Ratings
🗓️ 20 February 2025
⏱️ 83 minutes
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There’s more woe on the horizon this week with the delivery of less than positive inflation figures.. But no fear, your co-pilots are at the helm to guide you through this economic morass.
Co-pilot Pearson has strong feelings about her new ‘boyfriend’ Vice President JD Vance’s speech at the security summit this week, whilst Liam takes a closer look at the latest economic figures. Spoiler alert; there is an ‘I told you so’ on the horizon.
Also stepping into the cockpit this week to discuss her recent documentary, ‘Heresies: Britain’s Silent Rape Explosion’, is broadcaster Alex Philips.
And your co-pilots have had a very exciting photoshoot….
Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |
Read more from Allison: https://www.telegraph.co.uk/authors/a/ak-ao/allison-pearson/ |
Read more from Alex: https://www.thatalexwoman.com/ |
Watch Alex’s documentary: https://www.youtube.com/watch?v=JJ58WG3hd2g |
Watch clip of Alex: https://www.youtube.com/watch?v=S3XaIYx2hII |
Read Allison: ‘JD Vance’s courageous lecture on migration has shamed our gutless elites’:
https://www.telegraph.co.uk/news/2025/02/18/jd-vances-hard-truths-migration-shamed-europe/ |
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0:00.0 | Five. All this censorship and treating people with contempt, far from protecting Europe from sliding towards extremes, is actually driving that embrace at the far right. |
0:15.0 | Four. I don't like being dismal, but I'd rather be dismal than wrong. And it strikes me that we're looking at |
0:21.0 | four percent inflation this autumn. If we were to record data on who the perpetrators of |
0:28.0 | rape, sexual assaults were in the United Kingdom, what we'd find would be so utterly astonishing, |
0:34.2 | so flabbergasting that it would always be unpublishable. |
0:39.2 | But we thought we'd have a new photo taken with our new spelt selves, didn't we? |
0:48.9 | Welcome once again to Planet Normal, the Telegraph podcast with Alison Pearson. |
0:56.3 | Hello. |
0:56.9 | And me, Liam Halligan. |
0:59.0 | UK inflation surged to 3% during the year to January, Alison, up from 2.5% in December. |
1:06.0 | That's the fastest pace of rising prices for 10 months and well above the Bank of England's 2% target. |
1:13.1 | This, I'm afraid, is bad economic news, an ongoing cost of living squeeze, which means we're |
1:18.2 | unlikely to see further interest rate cuts from our central bank anytime soon. That will stymie |
1:23.9 | consumer spending and investment, slowing down the housing market and casting yet |
1:28.3 | another shadow over the stalling UK economy. Chancellor Rachel Reeves claims this surge in CPI |
1:34.8 | or consumer price index inflation is due to rising food and energy costs. But the more technical |
1:40.8 | core inflation measure, which excludes food and energy, soared to 3.7% last month, |
1:47.6 | way more than the headline CPI measure, up from 3.2% in December. |
1:52.8 | An inflation across the service sector accounting for four-fifths of our economy hit 5% in January, |
1:59.6 | compared to 4.4% a month earlier. |
2:02.8 | This is what happens when you put up taxes on business, which in turn feed into firms' costs |
2:07.1 | and therefore consumer prices. |
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