Will Keir Starmer replace his Chancellor?
The News Agents
Global
4.2 • 4.3K Ratings
🗓️ 6 February 2025
⏱️ 29 minutes
🧾️ Download transcript
Summary
In one fell swoop the Bank of England cut interest rates today and worse, their forecast for growth. They now believe the economy will grow at HALF the rate originally predicted. And the bank is pointing the finger at the Chancellors tax rises in the last budget as the problem. Is Rachel Reeves in trouble? Is the country? And will the Prime Minister stick by her as Chancellor?
Later, Kemi Badenoch has a new test for immigrants coming to Britain. Can they prove that they will give more back to the country financially than they take out ?
Tickets to The News Agents Live On Stage with HSBC UK are now on sale! You can get your tickets for Birmingham, Manchester and Edinburgh here: https://articles.globalplayer.com/7giHoMavXLgdrd6gaC3GxWG7T8
Editor: Tom Hughes
Executive Producer: Louis Degenhardt
Producer: Natalie Indge
Digital Editor: Michaela Walters
Social Media Editor: Georgia Foxwell
Video Production: Rory Symon, Shane Fennelly & Arvind Badewal
Digital Journalist: Michael Baggs
Don’t forget you can also subscribe to our other News Agents podcasts via the link below:
https://linktr.ee/thenewsagents
The News Agents USA now have merch! Click here to buy yours now: https://store.global.com/collections/the-news-agents
The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/
EXCLUSIVE NordVPN Deal https://nordvpn.com/thenewsagents Try it risk-free now with a 30-day money-back guarantee
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity. |
| 0:09.3 | This is a global player original podcast. |
| 0:12.9 | We live in an uncertain world and the road ahead will have bump size. |
| 0:18.2 | We expect inflation to increase this year to a peak of about. I think one of the key |
| 0:22.8 | criteria, if you are going to be governor of the Bank of England, is to sound as unexciting and |
| 0:30.1 | unexcitable as it is possible to be. And let's face it, Andrew Bailey sounds pretty downbeat there. |
| 0:38.0 | But boy, did he have a downbeat message to deliver. |
| 0:42.1 | Yeah. The Bank of England has cut interest rates to 4.5%. |
| 0:47.1 | But in the same breath, it has also halved the forecast for growth for this country for the whole of the year. |
| 0:56.2 | Is the Chancellor running out of road? |
| 0:59.0 | Welcome to the newsagents. |
| 1:03.1 | The Newsagents. |
| 1:04.7 | It's John. |
| 1:05.7 | It's Emily. |
| 1:06.4 | It's Lewis. |
| 1:07.1 | And if you're Rachel Reeves, you're not going to be cracking open a bottle of bubbly or Prosecco this lunchtime. |
| 1:12.7 | Cheers, Andrew. |
| 1:13.8 | Yeah, cheers Andrew. |
| 1:14.1 | Thank you. |
| 1:14.2 | Thank you. |
| 1:15.2 | Andrew delivered a real Debbie Downer of a speech full of kind of messages about the economy, not really being as good as we thought. |
| 1:26.0 | Growth not being as vibrant. It was all pretty |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Global, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Global and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.