The Edition: home truths
Best of the Spectator
The Spectator
4.4 • 785 Ratings
🗓️ 22 June 2023
⏱️ 38 minutes
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Summary
First up: for the cover piece, The Spectator’s economics editor Kate Andrews has written about Britain’s mortgage timebomb, as the UK faces the sharpest interest rate hike since the 80s. In the year leading up to the general election, can the Conservatives come back from this? Kate joins us along with Liam Halligan, economics editor of GB News, Telegraph columnist and author of Home Truths - the UK's chronic housing shortage.
Next: Spectator journalist Toby Young has written about 'furries' – children identifying as animals at school. He joins us now, along with Miriam Cates MP who sits on the education select committee. (17:11)
Finally: in the arts leader this week, Robert Jackman has written about wrestling. From WWE to amateur fights, there's a whole world out there – and it is growing in popularity. Robert joins the show along with Anthony Sinfield, a professional wrestler, also known as 'Tony Sin'. (28:32)
Produced by Natasha Feroze.
Transcript
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| 0:00.0 | This episode is sponsored by Canicord Genuity Wealth Management, |
| 0:03.7 | experience wealth managers who go above and beyond to guide and support you. |
| 0:08.2 | Kandu is more than just an attitude. |
| 0:10.0 | It's navigating today for a brighter tomorrow. |
| 0:13.3 | Visit kanduwealth.com. |
| 0:19.7 | Hello and welcome to the edition podcast from The Spectator. |
| 0:27.6 | Each week we look at three pieces from the magazine with the writers behind them. |
| 0:32.3 | I'm William Moore, the Spectator's Features Editor. |
| 0:34.9 | And I'm Laura Prendergast, the Spectator's executive editor. |
| 0:38.5 | On this week's episode, we'll be talking about the crushing reality of Britain's mortgage crisis, self-ID in schools, and the weird and wonderful world of wrestling. |
| 0:49.7 | First up, for her cover piece this week, the Spectator's economics editor, Kate Andrews, has written about Britain's mortgage time bomb, as the UK faces the sharpest interest rate rise since the 1980s. |
| 1:03.2 | So, in the year leading up to the general election, can the Conservatives come back from this? |
| 1:08.5 | Kate joins us now, along with Liam Halligan, economics editor of G.B. News, |
| 1:13.3 | telegraph columnist and author of Home Truths, the UK's chronic housing shortage. Kate, |
| 1:19.1 | you in your piece this week talk about this crisis, which is just hit. Can you explain how we got to |
| 1:24.5 | this stage and who is to blame? Who's to blame is a big question. How did we get, |
| 1:31.6 | and I'll come back to it, but how we got to this point? Well, we had lockdowns. We had a lot of |
| 1:37.8 | external shocks. We had supply chain problems. We then came out of lockdown, having printed more |
| 1:43.3 | money in one year than we had in the 10 years leading up to it. |
| 1:46.0 | In addition to this, Russia launches its illegal war against Ukraine, and you have all these factors coming together, which create quite serious inflation. |
| 1:54.0 | And in order to tackle inflation, the bank has had to raise interest rates, albeit quite slowly, and I think started doing so long past the point where they could be their most effective. |
| 2:05.3 | So people are now not only feeling the pain of higher prices, that's eating into real wages, but they're also feeling the pain of higher interest rates. |
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