Was The Recession Inevitable?
Newscast
BBC
4.3 • 6.6K Ratings
🗓️ 15 February 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
Today, we look at whether the UK could have been prevented from falling into a recession?
Official figures show people spending less, doctors' strikes and a fall in school attendance dragged the UK into recession at the end of last year. The figures raise questions over whether Rishi Sunak has met his pledge made last January to grow the economy. Adam and Chris speak to BBC Chief Economics Correspondent Dharshini David and Chief Executive of the Resolution Foundation Torsten Bell.
Plus, after taking centre stage at the Superbowl (kind of) is Taylor Swift the most influential person on the planet? Adam and Chris are joined by Vice Editor in chief Zing Tsjeng and Conservative MP & Swiftie Dehenna Davison.
You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Jack Maclaren with Gemma Roper. The assistant editor is Chris Gray and the senior news editor is Jonathan Aspinwall.
Transcript
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| 0:00.0 | BBC Sounds, music radio podcasts. |
| 0:04.7 | Hello, I'm currently sitting in the newscast studio all alone because Chris Mason has |
| 0:09.9 | been on holiday for half term, but he has assured me he will make it here in the |
| 0:15.0 | nick of time for us recording this episode and this episode is going to be a |
| 0:19.8 | cracker because it's going to combine two of my passions. Politics and Taylor Swift. |
| 0:27.5 | Newscast. |
| 0:28.5 | Newscast from the BBC. |
| 0:30.1 | Why can't people buy a house? Look at their wages. |
| 0:33.0 | Do you have any questions on things that are not related to math? |
| 0:35.0 | People who say that we were partying simply do not know what they are talking about. |
| 0:39.0 | The era of global warming has ended. The era of global boiling has arrived. |
| 0:44.3 | It's the first time ever, I've been able to say, well done, Kia. |
| 0:48.1 | I'll end by tempting her to update newscast and update this house. |
| 0:52.1 | The Prime Minister is not under a desk. |
| 0:55.0 | Hello, it's Adam in the studio. |
| 0:57.0 | And it's Chris in the studio. |
| 0:58.0 | Right, let's dive straight into today's big news, which came at 7 a.m. |
| 1:02.0 | which gives you a hint about what it was because that's when big economic statistics come out and we learned from the O and S that the economy shrank by 0.3% in the final three months of last year. Now if you add that to the 0.1% |
| 1:15.4 | shrinkage in the three months before we're now technically in a recession. |
| 1:18.6 | Yeah, in an election year and that our word and we'll kick around you know the extent to which it's a |
| 1:25.0 | recession comparable with others and what it actually means and the extent to which |
| 1:28.7 | people will feel any different given that it's a sort of rearview mirror |
... |
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