Rishi Sunak counts the costs

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6 • 252 Ratings

🗓️ 23 June 2023

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The prime minister has been trying to fend off a barrage of bad economic news - but what can he actually do about stubbornly high inflation, rising interest rates, and a predicted surge in mortgage payments? The Guardian’s City Editor Anna Isaac joins the podcast team to see what options - if any - Sunak has available. Whatever the cause might be for the UK’s economic woes, don’t mention the ‘B’ word. Ok, whisper it: is Brexit to blame? As the seventh anniversary of the 2016 referendum result passes, the podcast team check in on how leaving the EU has worked out for the UK PLUS: Is there a way out of the political stalemate in Northern Ireland? Hannah White presents. With Jess Sargeant and Giles Wilkes. Produced by Milo Hynes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Hello and welcome to this episode of Inside Briefing, the podcast from the Institute for Government.
0:14.0	I'm Hannah White. For the first time in what feels like a long time, Boris Johnson is not making headlines.
0:20.0	So can Rishi Sunak breathe a sigh time, Boris Johnson is not making headlines. So can Rishi
0:21.4	Sunak breathe a sigh of relief? Well, not really. Instead, this week has brought a barrage of
0:26.9	bad economic news for the Prime Minister to fend off. But what can he actually do about
0:31.7	suddenly high inflation, rising interest rates and a predicted surge in mortgage payments?
0:37.0	We'll look at the options if any SUNAC has available to him.
0:39.3	Whatever the cause might be for the UK's economic woes, don't mention the B word, well actually less.
0:45.3	Is Brexit to blame?
0:47.3	Well, this Friday marks the seventh anniversary of the 2016 referendum result.
0:51.3	We'll take a deep breath and take stock of how that has worked out.
0:56.0	We'll then take a closer look at Northern Ireland, the part of the UK perhaps most impacted
0:59.9	by the decision to leave the EU. It's not been an easy seven years and we'll explore what's going
1:04.6	on. It's Glastonbury Festival this weekend and I'm sure we're all very excited about Elton
1:10.3	John's farewell gig but the
1:11.6	headline acts you really want are here on the IFG podcast. IFG Associate Director and Brexit
1:17.2	expert Jess Sargent and our senior fellow and one-time government advisor, Charles Wilkes. Hi Jess, hi Jess.
1:22.6	Hiya. Hi, Heather. And I'm delighted to be joined by the Guardian City editor Anna Isaac. Hi, Anna.
1:28.6	Hello, hi. So, let's start with the economy and very grateful to you, Anna, for joining us on a day,
1:34.6	which is quite a big one for you with the Bank of England's interest rate announcement.
1:40.2	Giles, it's been a week of rather bad news. For any non-economists listening, can you explain to us what's been going on, please?
1:46.0	Yeah, it's terrible news, and it is quite difficult to explain because it sounds like the difference between one or two small percentage points on a figure that people don't directly experience.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Institute for Government, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Institute for Government and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.