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Newscast

The Week: The Price Of The Iran War

Newscast

BBC

Politics, Daily News, News

4.36.6K Ratings

🗓️ 30 April 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

Today, after a week of warning’s from the government over the financial impact of the war in Iran - is the reality starting to hit home?

Adam, Chris and Faisal are joined by Ailbhe Rea Political Editor of the New Statesman to discuss how the financial effects could be felt all over the country? It comes after the Bank of England warns interest rates could rise this year following a “significant energy price shock”.

And, with economic uncertainty looking set to continue - could this put off Labour MPs from launching a challenge to Keir Starmer?

You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscord

Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.

New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Jack Maclaren with Jem Westgate. The social producer was Gabriel Purcell-Davis . The technical producer was . The assistant editor is Chris Gray. The senior news editor is Sam Bonham.

Transcript

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0:00.0

BBC Sounds, Music, Radio, podcasts.

0:05.0

Hello, I've just got home after recording our regular Thursday night newscast, which is broadcast on BBC One after question time, where me and Chris look back at the week that was and work out what we've learned with friends of the podcast.

0:19.3

But it's just hit me that it wasn't really a look

0:21.4

back at what's happened this week. It's more I look forward to what's going to happen next week and

0:25.5

the week after that in politics and the economy. And yeah, it just hit me that it wasn't really

0:30.2

what we normally do. So let me know what you think when you listen to this episode of Newscast.

0:36.7

Newscast from the BBC. Humanity's next great voyage begins. We are in the midst of a rupture. Nostalgia will not bring back the old order. Six-seven. Yeah. It's supposed to be me as a doctor. There he has also a special connotation. Ooh-l-la, la. Thinking about it like a panto helped.

0:55.5

Do we play music now, or what do we do?

0:57.2

Hello, it's Adam in the newscast studio.

0:58.9

What's up, Doc, Adam?

1:00.0

It's Chris in the newscast studio.

1:02.1

And it's Faisal in the newscast studio.

1:03.6

And we're joined by Alva Ray, who's political editor of the new statesman.

1:06.5

Hello, Alva.

1:07.2

Hello, thanks for having me. Well, thanks for coming. And I should just explain. Chris's reference there to Bugs Bunny is that he and I were on a quiz on Radio 2 with Paddy McGuinness on Sunday morning. And one of the questions to me, which I did not get right, was what was Bugs Bunny's catchphrase? And the reason I feel that I can tease Adam is that Adam won and I lost, actually. So therefore. Yeah, but only on a tie. It was on a tie where we had to guess whether Paddy had his left or his right hand up.

1:31.3

And... and I lost, actually. So therefore... Yeah, but only on a tie. It was on a tie where we had to guess whether Paddy had his left or his right hand up. And I managed to get that wrong twice. Anyway, this is not a Paddy McGuinness Radio 2 podcast companion show. We're here to talk about some of the big things that have been happening in the news this week. Obviously, one of those big things that happened in the UK was the Golders Green attack. And just a couple of hours before we recorded this episode of newscast

1:47.5

on Thursday evening, Kirstarmer, did a statement in Downing Street, and here's a bit of it.

1:51.8

I met some of the first responders today. And on behalf of the country, I thank them for their

1:59.7

bravery. We will strengthen the visible police presence in our Jewish communities.

2:06.6

We will increase our investment in those Jewish security services.

2:11.6

We will introduce much stronger powers to shut down charities that promote anti-Semitic extremism.

2:19.3

We will prevent hate preachers from entering our country, bar them from our campuses, our

...

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