Podcasts about Exchequer

Today, the UK and EU have come to a deal that covers fishing, trade, defence, energy and more.Adam and Chris, in true Brexitcast style, go through the detail as the Prime Minister says it is time to move on from “political fights” about Brexit. Plus, Adam sits down with Rachel Reeves, Chancellor of the Exchequer, as she explains the benefits of the deal. They also discuss possible changes to ISAs, winter fuel and whether Elton John is off her music playlist. 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://discord.gg/m3YPUGv9New 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://bit.ly/3ENLcS1 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 Shiler Mahmoudi and Anna Harris. The technical producer was Mike Regaard. The assistant editor is Chris Gray. The editor is Sam Bonham.

rWotD Episode 2918: Austen Chamberlain Welcome to Random Wiki of the Day, your journey through Wikipedia's vast and varied content, one random article at a time.The random article for Wednesday, 30 April 2025, is Austen Chamberlain.Sir Joseph Austen Chamberlain (16 October 1863 – 16 March 1937) was a British statesman, son of Joseph Chamberlain and older half-brother of Prime Minister Neville Chamberlain. He served as a Member of Parliament (MP) for 45 years, as Chancellor of the Exchequer (twice) and was briefly Conservative Party leader before serving as Foreign Secretary.Brought up to be the political heir of his father, whom he physically resembled, he was elected to Parliament as a Liberal Unionist at a by-election in 1892. He held office in the Unionist coalition governments of 1895–1905, remaining in the Cabinet as Chancellor of the Exchequer (1903–05) after his father resigned in 1903 to campaign for Tariff Reform. After his father's disabling stroke in 1906, Austen became the leading tariff reformer in the House of Commons. Late in 1911 he and Walter Long were due to compete for the leadership of the Conservative Party (in succession to Arthur Balfour), but both withdrew in favour of Bonar Law rather than risk a party split on a close result.Chamberlain returned to office in H. H. Asquith's wartime coalition government in May 1915, as Secretary of State for India, but resigned to take responsibility for the disastrous Kut Campaign. He again returned to office in David Lloyd George's coalition government, once again serving as Chancellor of the Exchequer. He then served as Conservative Party leader in the Commons (1921–1922), before resigning after the Carlton Club meeting voted to end the Lloyd George Coalition.Like many leading coalitionists, he did not hold office in the Conservative governments of 1922–1924. By now regarded as an elder statesman, he served an important term as Foreign Secretary in Stanley Baldwin's second government (1924–1929). He negotiated the Locarno Treaties (1925), aimed at preventing war between France and Germany, for which he was awarded the Nobel Peace Prize. Chamberlain last held office as First Lord of the Admiralty in 1931. He was one of the few MPs supporting Winston Churchill's appeals for rearmament against the German threat in the 1930s and remained an active backbench MP until his death in 1937.This recording reflects the Wikipedia text as of 00:18 UTC on Wednesday, 30 April 2025.For the full current version of the article, see Austen Chamberlain on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm neural Amy.

The IRF is joined by Helen Thomas, the Founder & CEO of Blonde Money. ----more---- In this podcast Helen discusses the nature and extent of the various uncertainties that have been created by the Trump Administration and those policies designed to “Make America Great Again”. From a geopolitical perspective, Helen discusses President Trump's approach to the Sino-US relationship, the Russian war in Ukraine and the risks of a wider military conflict in the Middle East involving Iran, Israel and the USA. She assesses the potential impact of his tariff policies on the US economy and elsewhere, with particular reference to the volatile impact on the financial markets. Helen then discusses some of the key factors influencing the outlook for US monetary policy and the US bond market, before focusing on the prospects for the US stock market and the US dollar. In conclusion, Helen assesses the longer-term implications for the durability of the USA's leading role in the world. Helen Thomas has a long and distinguished career in both finance and politics. Helen was an adviser to the former Chancellor of the Exchequer, George Osborne. She also created the Financial Markets Reform Programme for the think tank, Policy Exchange. Previously, Helen has been a partner in the global macro hedge fund, ABD Investment Management, and a former Head of Currency Alpha for State Street Global Advisors. She is a CFA charter holder and serves on the UK board of the Chartered Financial Analyst Institute. Helen is also a Freeman of the City of London and has a degree in Philosophy, Politics and Economics from Oxford University. Blonde Money was stablished in 2014 as an independent consultancy firm that analyses and monitors mispriced risks in financial markets in the USA, UK and the EU. This ranges from political risks (such as those related to Brexit, the USA, China and Russia) to structural market instabilities (such as those created by bank failures or by the derivative markets).    

jQuery(document).ready(function(){ cab.clickify(); }); Original Podcast with clickable words https://tinyurl.com/26r9gjxz Contact: irishlingos@gmail.com The number of pharmaceutical products exported from Ireland is increasing. An líon táirgí cógaisíochta a easpórtáltar as Éirinn ag méadú. The value of pharmaceutical products exported from this country in February this year was €15.6 billion, compared with €9.2 billion in February last year, according to preliminary figures from the Central Statistics Office. Luach €15.6 billiún a bhí sna táirgí cógaisíochta a heaspórtáladh as an tír seo i mí Feabhra i mbliana, i gcomórtas le €9.2 billiún i mí Feabhra anuraidh, de réir réamhfhigiúirí ón bPríomh-Oifig Staidrimh. This was an increase of 145.7% over the year and a share of 63.2% of the total number of goods exported from Ireland in February 2025. B'in méadú de 145.7 faoin gcéad in imeacht bliana agus sciar 63.2 faoin gcéad den líon iomlán earraí a heaspórtáladh as Éirinn i mí Feabhra 2025. It is also a testament to the importance of the pharmaceutical sector in Ireland and the harm that tariffs would cause to that sector and the economy as a whole. Is solaoid é freisin ar thábhacht na hearnála cógaisíochta in Éirinn agus ar an dochar a dhéanfadh taraifí don earnáil sin agus don gheilleagar trí chéile. The preliminary figures also show that the value of goods purchased by the United States from this country in February this year was €12.9 billion, compared to €4.2 billion in February last year, an increase of 210.5% over the course of a year. Léiríonn na réamhfhigiúirí chomh maith go raibh luach €12.9 billiún sna hearraí a cheannaigh na Stáit Aontaithe ón tír seo i mí Feabhra i mbliana, i gcomórtas le €4.2 billiún i mí Feabhra anuraidh, ar méadú de 210.5 faoin gcéad é sin in imeacht bliana. It accounted for 52.5% of the total number of goods exported from Ireland in February 2025, compared to 26.1% in the same month last year. Ba sciar 52.5 faoin gcéad é den líon iomlán earraí a heaspórtáladh as Éirinn i mí Feabhra 2025, le hais 26.1 faoin gcéad sa mhí chéanna anuraidh. Economists have often said, however, that we in Ireland are overly reliant on corporate tax from multinational companies such as pharmaceutical companies. Is minic é ráite ag eacnamaithe, áfach, go bhfuilimidne in Éirinn ag brath an iomarca ar cháin chorparáideach ó chomhlachtaí ilnáisiúnta fearacht na gcomhlachtaí cógaisíochta. They say that there is always a risk that the Exchequer will be unexpectedly undermined because of this unequal dependence. Deir siad go bhfuil an baol ann i gcónaí go mbainfear an bonn den Státchiste gan choinne mar gheall ar an spleáchas éagothrom sin. With Trump's tariffs looming, there are now concerns that the prophecy will come true. Agus taraifí Trump os ár gcionn, táthar imníoch anois go dtiocfaidh an tuar faoin tairngreacht. RTÉ News and Current Affairs Nuacht agus Cúrsaí Reatha RTÉ

jQuery(document).ready(function(){ cab.clickify(); }); Original Podcast with clickable words https://tinyurl.com/2xrcctvg Contact: irishlingos@gmail.com The number of pharmaceutical products exported from Ireland is increasing. An líon táirgí cógaisíochta a easpórtáltar as Éirinn ag méadú. The value of pharmaceutical products exported from this country in February this year was €15.6 billion, compared with €9.2 billion in February last year, according to preliminary figures from the Central Statistics Office. Luach €15.6 billiún a bhí sna táirgí cógaisíochta a heaspórtáladh as an tír seo i mí Feabhra i mbliana, i gcomórtas le €9.2 billiún i mí Feabhra anuraidh, de réir réamhfhigiúirí ón bPríomh-Oifig Staidrimh. This was an increase of 145.7% over the year and a share of 63.2% of the total number of goods exported from Ireland in February 2025. B'in méadú de 145.7 faoin gcéad in imeacht bliana agus sciar 63.2 faoin gcéad den líon iomlán earraí a heaspórtáladh as Éirinn i mí Feabhra 2025. It is also a testament to the importance of the pharmaceutical sector in Ireland and the harm that tariffs would cause to that sector and the economy as a whole. Is solaoid é freisin ar thábhacht na hearnála cógaisíochta in Éirinn agus ar an dochar a dhéanfadh taraifí don earnáil sin agus don gheilleagar trí chéile. The preliminary figures also show that the value of goods purchased by the United States from this country in February this year was €12.9 billion, compared to €4.2 billion in February last year, an increase of 210.5% over the course of a year. Léiríonn na réamhfhigiúirí chomh maith go raibh luach €12.9 billiún sna hearraí a cheannaigh na Stáit Aontaithe ón tír seo i mí Feabhra i mbliana, i gcomórtas le €4.2 billiún i mí Feabhra anuraidh, ar méadú de 210.5 faoin gcéad é sin in imeacht bliana. It accounted for 52.5% of the total number of goods exported from Ireland in February 2025, compared to 26.1% in the same month last year. Ba sciar 52.5 faoin gcéad é den líon iomlán earraí a heaspórtáladh as Éirinn i mí Feabhra 2025, le hais 26.1 faoin gcéad sa mhí chéanna anuraidh. Economists have often said, however, that we in Ireland are overly reliant on corporate tax from multinational companies such as pharmaceutical companies. Is minic é ráite ag eacnamaithe, áfach, go bhfuilimidne in Éirinn ag brath an iomarca ar cháin chorparáideach ó chomhlachtaí ilnáisiúnta fearacht na gcomhlachtaí cógaisíochta. They say that there is always a risk that the Exchequer will be unexpectedly undermined because of this unequal dependence. Deir siad go bhfuil an baol ann i gcónaí go mbainfear an bonn den Státchiste gan choinne mar gheall ar an spleáchas éagothrom sin. With Trump's tariffs looming, there are now concerns that the prophecy will come true. Agus taraifí Trump os ár gcionn, táthar imníoch anois go dtiocfaidh an tuar faoin tairngreacht. RTÉ News and Current Affairs Nuacht agus Cúrsaí Reatha RTÉ

Circumstances seemed unfavourable for a Labour victory in a 1950 election but, when it was held, Attlee managed to lead his party to the second win in its history. It took a majority of the popular vote, and even a majority of parliamentary seats, though way down from its previous landslide to a mere five.With that small majority, it was poorly placed to deal with the continuing financial difficulties of the country. These were made worse by involvement in the Korean War, which meant rearming. The funds for the war had to be found somewhere, and the Chancellor of the Exchequer, a rising star of the Party, Hugh Gaitskell, decided that had to come in part from raiding the National Health Service and the Social Insurance Fund.In disgust, the architect of the health service, Nye Bevan, resigned from the government. With him went another young rising figure, Harold Wilson, who had become the youngest cabinet minister in Britain in the whole of the twentieth century. At that stage he stood with the left and with Bevan, though later he would turn on his mentor, taking a seat in the Shadow Cabinet when Labour was back in Opposition, a seat vacated precisely by another resignation on principle by Bevan.There were difficulties internationally too, with the Mossadegh government in Iran set to nationalise British oil industries there, and nationalist forces in Egypt putting pressure on the British garrison guarding the Suez Canal. Attlee's friend and loyal supporter, the long-time Foreign Secretary Ernest Bevin had died in April 1951, and his successor Herbert Morrison wasn't up to the job, adding these foreign crises to the burden on Attlee.With Bevan's left-wing group organising against him and making his parliamentary majority look decidedly fragile, the aging and tired Attlee called another election. Held on 28 October 1951, it saw Labour at last lose its majority and the Conservatives win one.Attlee was out. Churchill was back.Illustration: The Royal Festival Hall in London, souvenir of the 1951 Festival of Britain, itself marking the centenary of the Great Exhibition in Victorian times. Photo by a Wikipedia contributor. Public Domain.Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-No Derivatives (aka Music Sharing) 3.0 International License

Today, the Irish Government published its latest tax returns and spending outline for the month of March.These are more significant given the news of President Trump's 20% Tariffs last night for the EU…To discuss, Kieran is joined by Jack Chambers, Minister for Public Expenditure, Infrastructure, Reform & Digitalisation in the Government of Ireland and Fianna Fáil TD for Dublin West.

In this video, Gaunty dives into the explosive topic: Starmer must sack Rachel Reeves after her disastrous performance in the Spring Statement. As Chancellor of the Exchequer, Rachel Reeves has faced heavy criticism not just for her failure to deliver a solid budget, but for her involvement in multiple scandals that have eroded public trust. With the UK economy in dire straits and the public losing confidence, Keir Starmer is under increasing pressure to take action. This is a critical moment for Labour Party leadership, and Starmer must act swiftly to protect his own position and credibility. In this analysis, we examine the fallout from Reeves' failed budget and how her actions are harming the Labour Party's image. From her economic missteps to her role in freebie scandals, it's clear that Reeves' time as Chancellor may be running out. If Starmer is to have any hope of leading the UK out of economic turmoil, he must act decisively. Join us as we discuss the future of UK politics, free speech, and the growing calls for change within the Labour Party. UK politics debate, Keir Starmer, Rachel Reeves, Labour Party crisis, UK economy, and budget failure are all key issues we cover in this video. Tags: Starmer sack Rachel Reeves, UK politics, Keir Starmer, Rachel Reeves scandal, Labour Party, UK economy, failed budget, free speech, UK debate, budget analysis, political crisis, Spring Statement, Labour Party leadership, UK news, politics debate

UK Chancellor of the Exchequer Rachel Reeves discusses the state of the nation's economy following her spring statement in the House of Commons in London on Wednesday. She also talks about extra tariffs planned by US President Donald Trump and how the UK is holding "intensive" talks with the US. “We want to make sure that those trade flows between the UK and US continue to be strong," Reeves tells Bloomberg Television.See omnystudio.com/listener for privacy information.

The Chancellor of the Exchequer will deliver the 2025 Spring Statement in the House of Commons on Tuesday.Rachel Reeves' plan is to tell us all the things Labour has achieved so far, but British households and businesses are increasingly pessimistic about the state of the economy. Sluggish growth and ever higher borrowing costs mean cuts, cuts and more cuts are on the way.Kamal and Camilla speak to the owner of a hairdressing business who's already been affected by Rachel Reeves' autumn budget and is dreading the new rules that come into place next week.Plus, we'll be joined by The Telegraph's Janet Daley for her reaction to Donald Trump's inner circle accidentally adding a journalist to a group chat discussing top-secret war plans.Read: It's over. America has ceased to be leader of the free world, by Janet DaleyProducers: Georgia Coan and Lilian FawcettSenior Producer: John CadiganPlanning Editor: Venetia RaineySocial Media Producer: James SimmonsVideo Editor: Andy MackenzieStudio Director: Meghan SearleEditor: Camilla TomineyOriginal music by Goss StudioHosted on Acast. See acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.

Rachel Reeves Out of Her Depth and On the Freebie Take Again! In this video, Jon Gaunt dives deep into the latest political scandal involving Rachel Reeves, the Labour Chancellor of the Exchequer. As pressure mounts on the UK government to deliver a Spring Statement that satisfies both the markets and the Labour Party, Gaunty asks: Is Rachel Reeves really up to the task? Is she simply out of her depth in this high-stakes political environment? Jon also covers the breaking news that Rachel Reeves has been caught accepting freebies again — this time, tickets for Sabrina Carpenter. Why is she unable to buy her own tickets? It raises serious questions about her ability to lead and make tough decisions for the country. Looking back at last July, it's hard to believe that under Labour leadership, the government would be making decisions like cutting disability benefits, slashing overseas aid, reducing the civil service, tightening eligibility for the winter fuel allowance, and even raising National Insurance on employers. What's really going on in UK politics, and can Labour continue to be trusted with the nation's future? This video provides a sharp analysis of the UK political landscape, offering debate, free speech, and insights into the actions of Rachel Reeves. Don't forget to like, comment, and subscribe for more in-depth analysis on UK politics and breaking news. Keywords/Tags: Rachel Reeves, Jon Gaunt, UK politics, Labour Party, UK news, political scandal, Spring Statement, disability benefits, overseas aid, civil service cuts, National Insurance, free speech, Gaunty, political analysis, UK Chancellor, Labour government, Sarah Carpenter tickets, political debate, Labour leadership, UK economic policies, political pressure, freebie scandal, UK government news, March 2025 politics.

A jury sat solemnly in a gilded hall in central London, presided over by a bewigged representative of the crown in flowing black robes, but there were no criminals in the dock. Britain's coinage was on trial. In a ceremony that dates back to the 12th century, the jury filed into the Livery Hall of the Worshipful Company of Goldsmiths to begin the process of weighing and measuring hundreds of coins to ensure they meet stringent standards set by regulators. The tradition—known as the Trial of the Pyx—amounts to a very old type of consumer protection designed to safeguard the nation's coinage from counterfeiting or other forms of debasement. "It's a way of making sure that if you're in the UK, the coins that are in your pocket are real and reliable, that you know what they're made of, that they are up to the right standards," said Eleni Bide, the librarian for the Goldsmiths' Company. "Making really standardized perfect coins is really important part of preventing forgery." Like the many old ceremonies that the UK continues to observe, the annual assessment of coinage is replete with traditions that link modern Britain to its historic roots. That starts with its name, which comes from the ancient Greek word pyxis, or small box, which was later used in Latin, too. Coins are collected throughout the year and deposited in so-called Pyx boxes, from which jurors randomly select the coins to be tested. The coins selected will be weighed, measured, examined for their design and tested for metallic composition over the next three months before the jury reconvenes to give its verdict on whether they meet regulatory standards. In addition to "a mix of tradition and heritage and a bit of pageantry," Bide said the 770-year-old tradition still has a serious purpose behind it. "I think the important thing to remember that actually, the person who is on trial here is the Chancellor of the Exchequer of the UK," said Bide. This article was provided by The Associated Press.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Rachel Reeves has defended her fiscal rules and pledged to bring down government borrowing, as the UK Chancellor of the Exchequer faces dissent from Labour party colleagues opposed to cuts to welfare payments and government spending. (2) Israel launched a series of military strikes across Gaza, shattering a nearly two-month ceasefire, in response to Hamas's refusal to release hostages and rejection of proposals from the US and mediators. The escalation is the latest sign of renewed conflict in the Middle East. (3) President Donald Trump said the US and Russia are already talking about dividing “assets” as part of a push to end the fighting in Ukraine, the latest sign that he may be preparing to sacrifice Kyiv’s interests when he speaks with Vladimir Putin on Tuesday. (4) German lawmakers will vote on a bill today that would unlock hundreds of billions of euros in debt-financed defense and infrastructure spending and herald a pivot toward a substantially more expansive fiscal policy in Europe’s biggest economy. (5) Two NASA astronauts stuck in orbit for nine months finally departed the International Space Station aboard a SpaceX capsule on Tuesday, kicking off their long-awaited voyage home. Butch Wilmore and Suni Williams, seated inside a Dragon capsule with two other crew members, undocked from the ISS at 1:05 a.m. New York time on Tuesday. The capsule is expected to travel through space, plunge through the atmosphere and ultimately fall to Earth under parachutes before splashing down off the Florida coast around 6 p.m. New York time. See omnystudio.com/listener for privacy information.

A Scandalous Affair: A Daughter of Sherlock Holmes MysteryIn the latest Daughter of Sherlock Holmes novel, Joanna Holmes must confront a shocking case of blackmail that threatens the highest levels of His Majesty's government, as this USA Today bestselling mystery series continues.In the latest installment of this acclaimed series, Sherlock Holmes's daughter faces an elaborate mystery that threatens the second most powerful man in His Majesty's government. His position is such that he answers only to the king and the prime minister.During the height of the Great War, Joanna Holmes and the Watsons receive a late-night, clandestine visit from Sir William Radcliffe, the Chancellor of the Exchequer, who brings with him an agonizing tale of blackmail; a case so sensitive that it can only be spoken of in the confines of 221B Baker Street. Hosted on Acast. See acast.com/privacy for more information.

Some good & some frustrating on this week's Nature News. Nadia unpacks some rather silly words that the UK's Chancellor of the Exchequer, Racheal Reeves said about housing & bats & newts (what a combo). Ryan then gives a rundown on a recent win for the anti fossil fuel campaign with the courts ruling in favour of Rosebank & Jackdaw being unlawful! Find all the links to news here: Rosebank/Jackdaw & Rachel Reeves Comment If you'd like to say "cheers" to the Into The Wild team & help support the show, then you can do so on www.ko-fi.com/intothewildpod To follow the hosts of the show, Ryan & Nadia, follow them at @mrryanjdalton & @buteblackbird 

Dan Neidle – poacher turned gamekeeper (although not in his own estimation) – has gone from Head of Tax at Clifford Chance to the scourge of tax shy plutocrats. He joins this week's Law & Disorder to sit down with Nicholas Mostyn, Helena Kennedy and Charlie Falconer and discuss his successes in revealing the dodgy dealings of a former-Chancellor of the Exchequer, as well as a certain Italian jockey. In the process, he has changed the standards of modern lawyering and become one of Britain's most effective campaigners.If you have questions, criticisms, praise or other feedback, please do send your thoughts to us via lawanddisorderfeedback@gmail.com!Law and Disorder is a Podot podcast.Executive Producer and Editor: Nick Hilton.Associate Producer: Ewan Cameron.Music by Richard Strauss, arranged and performed by Anthony Willis & Brett Bailey.PR by Sally Jones. Hosted on Acast. See acast.com/privacy for more information.

Nadhim Zahawi is a former cabinet minister and Conservative Party chair. Before his parliamentary career, he founded YouGov, where he was CEO for a decade. Tune in to hear Nadhim's thoughts on: What have been your sliding doors moments in your journey into the boardroom? (1:58) How did you cut through bureaucracy with the Vaccine Task Force? (10:59) How do you deal with the court of public opinion as someone from a commercial background? (17:50) You brought in previous education secretaries as a pop-up board when you took on the role - was it effective? (24:37) Does government (and business) need a more agile means of accessing external expertise? (30:50) Should people with commercial backgrounds bother applying for government roles? (34:29)  Were there specific moments when board members created breakthroughs at YouGov? (36:56) How do you reflect on your decision to go public? (39:46)  And ⚡The Lightning Round ⚡(43:48) Host: Oliver CummingsProducer: Will Felton Music: Kate Mac Audio: Nick Kold Email: podcast@nurole.com Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Rachel Reeves will pledge to go “further and faster” to boost the UK economy by unblocking new infrastructure projects, as she seeks to lure investors and win back business support after a rocky start to her tenure as Chancellor of the Exchequer.(2) Microsoft and OpenAI are investigating whether data output from OpenAI’s technology was obtained in an unauthorized manner by a group linked to Chinese artificial intelligence startup DeepSeek, according to people familiar with the matter.(3) Apple has been secretly working with SpaceX and T-Mobile US Inc. to add support for the Starlink network in its latest iPhone software, providing an alternative to the company’s in-house satellite-communication service.The companies have been testing iPhones with the Starlink. (4) President Trump's surprise announcement to halt trillions of dollars in federal spending sparked panic in Washington and among local officials across the country.(5) Bernard Arnault said a wind of optimism is blowing through the US after Donald Trump’s inauguration as president, in contrast to his native France, where the government is seeking to raise corporate taxes and unemployment is increasing.See omnystudio.com/listener for privacy information.

FOLLOW UP: GOVERNMENT INTERVENES OVER FINANCE SCANDALThe Chancellor of the Exchequer has written to the Supreme Court to ask them to not penalise car dealers and finance companies too much, for breaking common law. To read more, click this AMOnline article link here. For more context on how we are at this point, click this link here, from The Conversation. FOLLOW UP: WESTERN AND CHINESE EV MAKERS TAKE EU TO COURTBMW and Tesla has joined with BYD, SAIC and Geely to challenge the tariffs imposed on EVs made in China that are brought to Europe. They are arguing that the rates imposed are unfair. If you wish to read further on this, click this AMOnline link here. FOLLOW UP: NHTSA BLUECRUISE INVESTIGATION SHOCKSThe investigation into Ford's hands-off eyes-on driving system, called BlueCruise, by the National Highway Traffic Safety Administration in the US, has found that the system does not detect stationary vehicles when the car is going over 62mph. This has been implemented to try and prevent false positives being sensed and thus “phantom braking”. Click this Autoevolution article link for more. FOLLOW UP: GOVERNMENT BACKS GREATER MANCHESTER PLANSThe UK Government has assessed and approved the proposed plans from Greater Manchester, to reduce the amount of nitrogen dioxide in the air. This will take place without the need to charge drivers for a Clean Air Zone, as so many other cities have chosen. If you would like to learn more, click this article link from BBC News, here. VW GROUP DITCHES AGENCY MODEL FOR EVSIn the UK, the Volkswagen Group will end its use of the agency model, where they sell directly to customers, for their electric vehicles. They are the latest in a number of companies to make this move. Click this Auto Retail Agenda article to read more. SUBARU HACKEDEthical hackers found a vulnerability in Subaru's StarLink connected service that allowed them to access incredible amounts of data and even control some functions of cars remotely. This has now been patched and we have only found out after the fix was deployed by Subaru. If you want to learn more, click this link to Sam Curry's post detailing what he did and found. WAYMO HACKEDJane Manchun Wong, a security researcher, found a hidden element of the Waymo app that allowed her to change what the top dome, on the roof of their vehicles, displayed. Waymo have now closed this off to ‘normal users'. If you want to learn more, click this TechCrunch article link here. MANY THINGS HACKEDPwn2Own Automotive 2025 took place over three days last week and found 49 unknown vulnerabilities in software for head units and EV chargers, including...

Rachel Reeves is a prominent British politician currently serving as the Chancellor of the Exchequer, a historic role she assumed in July 2023, marking her as the first woman to hold this position in the 800-year history of the office. Rachel has been a Member of Parliament for Leeds West since 2010 and has a background in economics and financial services. She has consistently been a strong advocate for the Labour Party, contributing significantly to its path back to power. Before entering politics, Rachel was an economist at the Bank of England and worked in financial services, bringing a wealth of experience to her political career.Episode Summary:In this engaging episode of the Shw Who Dares Wins podcast, host Michelle is joined by trailblazing political figure Rachel Reeves, the first female Chancellor of the Exchequer in the UK. Throughout the conversation, Rachel and Michelle discuss the challenges and triumphs that stem from navigating a male-dominated field, the importance of perseverance, and the impact Rachel hopes to achieve through her groundbreaking role. This episode serves as both an inspiration and a guide for listeners, especially young girls and women, aspiring to forge successful careers in politics or any field that has traditionally been less accessible to them.Rachel Reeves shares her journey from a young chess player to one of the most powerful women in British politics, emphasizing her dedication to the Labour Party even during challenging times. The episode is rich with insights into her motivations, drawing on her personal experiences of daring to believe in herself and others to change the course of history. With the 'Women in Finance Charter' initiative and firsthand experiences from years in politics and finance, Rachel sends a powerful message that highlights the importance of visible role models and seizing opportunities to inspire the next generation of female leaders.Key Takeaways:Sticking with your convictions, even during challenging times, can lead to historic successes and change.Seeing role models in action is crucial for inspiring young women to pursue ambitious careers.Opportunities should be seized whenever they arise; small steps can lead to significant outcomes in one's career journey.The changing landscape for women in traditionally male-dominated fields is significantly driven by initiatives like the 'Women in Finance Charter.'Economic stability and growth are central to improving living standards and ensuring everyone's better future, highlighting Rachel's commitment to her role as Chancellor.Notable Quotes:"In a way, that was a risk because it might have been for nothing, staying around and seeing your party drift further from power.""You can't be what you can't see. And if a woman has never done that job or you've never seen women doing the sort of thing that you want to do, then I think it is quite hard to aspire to do it.""For ordinary people to feel better off and to have a bit more confidence about their future.""I strongly believe that we should make the most of those. And that's what I would tell young boys and girls, but maybe particularly girls.""I've always, you know, sort of thrived in a way and done well in male-dominated environments."Check out our clothing range at www.shewhodareswins.com and sign up to our empowering newsletter: Use the code POD10 for 10% off site wide.Support us and get exclusive content over on our patreon account https://www.patreon.com/c/shewhodareswins/membershipFollow us on Instagram @shewhodareswins Hosted on Acast. See acast.com/privacy for more information.

Chinese President Xi Jinping says that there are no winners in a trade war as his country's November export growth slows and imports decline at their sharpest rate in 14 months. Nvidia shares drag Wall Street into the red as regulators in China begin an investigation into potential anti-monopoly violations by the chip giant. We are live in Brussels where Rachel Reeves becomes the first UK Chancellor of the Exchequer to attend a Eurogroup session post-Brexit. She has pledged to re-establish a stronger trade relationship with the bloc. And in tech news, German software developer Teamviewer strikes a deal with Carlyle Europe Technology Partners to acquire digital employee experience platform 1E.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Himachal Pradesh HC directed closure of the properties effective 25 November, noting that ongoing operations were financially unviable & HPTDC's financial health showed no improvement.----more----https://theprint.in/judiciary/18-govt-run-hotels-in-himachal-to-be-shut-for-being-burden-on-state-exchequer-what-hc-order-said/2364994/

The UK Chancellor of the Exchequer, Rachel Reeves, has delivered the Autumn Budget 2024. In the first Budget delivered by the Labour Party since 2010, Reeves announced an extensive array of tax reforms designed to 'stabilise' public finances and facilitate increased government spending.  Altogether, tax rises totalling £40 billion were announced - some expected, others less so. In our latest podcast Peter Clements, Sarah Bond, Rose Swaffield, Josh Critchlow and Chris Gotch from our London tax team discuss the tax measures they found the most noteworthy in the Autumn Budget 2024, including: Headline Budget announcements, including: increases in the capital gains tax (CGT) main rates and reforms to business asset disposal relief and investors' relief, accompanied by anti-forestalling measures; an increase in employer National Insurance contributions by 1.2% from April 2025; and an increase in the CGT rates for carried interest from April 2025, with more significant reforms expected to follow; Publication of the Corporate Tax Roadmap designed to provide stability for businesses and foster inward investment, including: capping the headline UK corporation tax rate at 25%; confirmation the permanent 'full expensing' capital allowance regime and existing R&D reliefs will be retained; and plans to provide increased tax certainty to investors in major projects; Measures designed to 'close the tax gap', including: an increase in the interest rate for unpaid tax; targeted anti-avoidance measures applying with immediate effect; and the recruitment of additional HMRC compliance and debt management staff; and Other changes to the UK's tax code, including: confirmation the UK will introduce the Pillar Two undertaxed profits rule (the 'UTPR') for accounting periods from January 2025, along with the related repeal of the offshore receipts in respect of intangible property (or 'ORIP') rules; the replacement of the remittance basis of taxation for non-UK domiciled individuals ('non-doms') with a new residence-based regime; and confirmation of increases to the rate and duration of the Energy Profits Levy and the removal of the associated investment allowance.

Rachel Reeves MP, Chancellor of the Exchequer, delivers the Budget Statement in the House of Commons. MPs will now debate the Budget for four days – Thursday 31 October, Monday 4, Tuesday 5 and Wednesday 6 November 2024.

Detective Chief Superintendent Seamus Boland , head of the Garda National Drugs and Organised Crime Bureau on the €3m in drug money handed back to the state on the conclusion of criminal proceedings.

Chancellor Rachel Reeves has announced £40billion of tax rises in Labour's first budget for nearly 15 years.In a 77-minute speech before a packed House of Commons, the UK's first female Chancellor of the Exchequer announced massive tax hikes to help “fix the foundations” of the economy.Reeves plans to raise £25 billion from employers' national insurance contributions plus increases to capital gains tax, while also making changes to inheritance tax and stamp duty.Billions of pounds in public funding was also pledged for the NHS, schools building, the national minimum wage, GB Energy, HMRC reform, cladding removal, defence and compensation for victims of the infected blood and Post Office Horizon scandals.In a boost for London, the Chancellor confirmed that HS2 would be extended via tunnelling to London Euston.It is all part of the government's plan to tackle the so-called “£22bn black hole” in the public finances.But the opposition Conservatives accused Labour of breaking manifesto pledges. We're joined by Parliament by The London Standard's political editor Nicholas Cecil. Hosted on Acast. See acast.com/privacy for more information.

In our first ever live episode, we're going to look at how Rachel Reeves can make her first Budget a success.It will have been 117 days since Labour took power before we finally hear what is in the Budget - in that time we've heard about £22bn 'black holes' and the difficult economic situation the UK faces. We're going to think a bit about some of the challenges facing the Chancellor, what she can learn from previous Budgets and how she can navigate these complexities.Paul is joined by colleague Helen Miller, Deputy Director at IFS, Lord Stewart Wood, a Labour peer and former member under Tony Blair's government of the Chancellor of the Exchequer's Council of Economic Advisers, and Stephen Bush, associate editor and columnist at the Financial Times.Become a member: https://ifs.org.uk/individual-membershipFind out more: https://ifs.org.uk/podcasts-explainers-and-calculators/podcasts Hosted on Acast. See acast.com/privacy for more information.

Andrew Marr sits down for an exclusive interview with the Chancellor of the Exchequer. And later on in the episode the team discuss what we might have missed from Labour's first 100 days in power.Sign up to the New Statesman's daily politics newsletter: Morning Call Submit a question for a future episode: You Ask Us Hosted on Acast. See acast.com/privacy for more information.

Robert and Steph are joined by former Shadow Chancellor of The Exchequer, John McDonnell, to discuss what he thinks Rachel Reeves should and shouldn't do in the upcoming budget, how child poverty should be Labour's number one priority, and how he feels about this Labour government in general. Sign up to our newsletter to get more stories from the world of business and finance. Email: restismoney@gmail.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: Becki Hills Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rob is joined by the former Chancellor of the Exchequer Kwasi Kwarteng for a candid discussion on UK politics, economics, and the future of money. Kwarteng talks to Rob about his brief but tumultuous tenure as Chancellor, the challenges facing the UK economy, and the potential disruptions in global finance. Kwasi Kwarteng REVEALS: The reasoning behind his controversial tax-cutting plans The challenges of managing public spending His thoughts on the welfare state The difficulties in balancing social needs with economic sustainability His concerns about the current Labour government's economic policies Why Prime Ministers have less power than ever The potential future shift from fiat money to cryptocurrencies The risks and challenges of being a public figure in politics His perspective on the importance of maintaining a life outside of politics and the value of self-awareness for successful individuals BEST MOMENTS "We remember, we have a memory of, we don't remember the seventies, but growing up in the eighties, the socialism, Arthur Scargill, all of this stuff. And we know a lot of young people don't know this, but a lot of people our age know what a socialist government, what socialist ideas mean." "I think disruption is really, you won't get progress without disruption because people would just stick around doing exactly what, you know, they've done for ages." "Countries that grow fast, be they in Southeast Asia, United States, across the world have generally lower taxes. The Baltic states, Estonia, places like that." "I'm an entrepreneur and virtually every entrepreneur I speak to is leaving or wanting to leave or planning to leave. Yeah. And I can see why they're doing that." VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team Episode Sponsor - AG1 Claim your exclusive offer of AG1 at the link below drinkag1.com/disruptors ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK's No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything”   CONTACT METHOD Rob's official website: https://robmoore.com/  Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979   See omnystudio.com/listener for privacy information.disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Still drowning in cash, the new Finance Minister is warned by IFAC, yet again, not to spend it. Are the fiscal giveaways of past budgets really costing each household €1000 a year? Amidst all the cries of 'they are windfall taxes' it's forgotten that capital investment is - or should be - very different to current spending. We used to argue about borrowing for investment purposes - economists have always pointed that that borrowing for investment is perfectly ok, provided the return on that investment is higher than the cost. Now, some seem to be arguing that spending money that we already have, windfall or otherwise, still shouldn't be spent, even on high return projects. There's crying wolf and then just being daft.GDP data is all over the place and has defeated us. Exchequer returns and other data point to an economy still growing although not one that is overheating. Tax revenues are booming and unemployment is down again. Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.

Globalization, as we once knew it, is dead ... well, that's according to the UK's new Chancellor of the Exchequer, Rachel Reeves. Chancellor Reeves has run the UK Treasury since July 2024. She's facing an economic backdrop familiar to many countries: hollowed-out industrial towns; climate change; global wars and conflicts. Today on the show: Our conversation with Chancellor Reeves on her visit this week to the US. What she thinks went wrong with globalization, and the new economic map she's coursing. Related Episodes:From Brexit to RegrexitFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

The Labour government was kicked out of office at the 1924 General Election, in a campaign marked by the Conservative-leaning Daily Mail engaging in some fake news. It published a forged letter claiming to be from the Soviet leader, Zinoviev, suggesting that re-electing Labour would prepare the ground for a Communist takeover. As it happens, Labour's popular vote went up by a million. But Tory votes were spread much more efficiently across constituencies, so they emerged with a solid majority in the Commons, while Labour lost seats. That result seemed to vindicate Baldwin's decision to call the previous election in 1923: though the Tories lost, because it rejected the notion of tariff protection, it removed the issue from the agenda and the divisions it produced within the Tory party. They therefore went into the 1924 election united and the effect was just what they wanted – a landslide victory. Baldwin's position was enormously reinforced. The 1924 election was also when Churchill returned to parliament, but no longer as a Liberal. He was back among the Conservatives in all but name, and to the amazement of many, Baldwin gave him what many see as the second most important position in government, that of Chancellor of the Exchequer. In that position, he took Britain back to the gold standard, against his own initial judgement. It was also against the view of Maynard Keynes, who thought it would damage industry, which it indeed did. The result was new unrest, particularly in the coal industry, with mine owners demanding longer hours and lower wages, which the miners were determined to resist. This time, they had solid support from other unions. The government bought a nine-month stay of execution by paying a subsidy to coal to protect wages and conditions but as the period for which the subsidy was paid drew to an end, tensions grew. Both the mine owners and the miners were adamant. It began to look as though a general strike was inevitable. Did that put Britain on the brink of revolution? Illustration: Baldwin, Tory leader and PM, with Churchill, Chancellor of the Exchequer, after re-ratting to the Tories. Public Domain Music: Bach Partita #2c by J Bu licensed under an Attribution-NonCommercial-No Derivatives (aka Music Sharing) 3.0 International License

UK Chancellor of the Exchequer Rachel Reeves discusses the fiscal lock and Budget Responsibility Bill with Bloomberg's Francine Lacqua.See omnystudio.com/listener for privacy information.

It's been quite a month for elections in Europe, but in this episode, Regulatory Intelligence's Lindsey Rogerson, Mike Cowan, and Rachel Wolcott pick out what financial services should be aware of after the Labour party's win in the UK election on July 5. The financial services sector certainly will play a part in Labour's growth plans. The party's financial services plan, published in January said: “We will unashamedly champion our financial services sector as one of the UK's greatest assets.”Rachel Reeves, the new Chancellor of the Exchequer and the first woman to hold the post in 800 years, has been warmly received by women working in Britain's finance sector. Her appointment as well as the increase in diversity in members of parliament across all parties was called a break-through moment at this week's Women in Finance summit held in London. Tulip Siddiq was appointed as City Minister as the podcast was going to press. She had been Labour's shadow City Minister since 2021. On July 8 Reeves told an audience of financial services and green industry leaders that economic growth is a national mission. She also announced Labour will go ahead with a national wealth fund with a remit to invest in and catalyse private sector investment in new and growing industries.This discussion was recorded on 8th July, things will change when the government gets going with its first King's Speech setting out its legislative agenda and announces its budget in the fall. There will be a wait to hear whether the new government prioritizes crypto and pushes forward with that regulatory workstream, where it lands on economic crime and how it will push forward the green finance agenda as well as changes to the car insurance market—to name but a few items in its bulging inbox. Perhaps the biggest question now, however, is whether the government will do something for financial services when it comes to doing business with the European Union. LinksLabour's financing growth plan: https://labour.org.uk/updates/stories/financing-growth-labours-plan-for-financial-services/ UK Finance publishes financial services manifesto: https://www.ukfinance.org.uk/news-and-insight/press-release/uk-finance-publishes-financial-services-manifesto Contact us:Rachel.Wolcott@thomsonreuters.com, Lindsey.Rogerson@thomsonreuters.com, mike.cowan@thomsonreuters.com. Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

France which is Europe's second largest economy - woke up to an unexpected result in the second round of its general election. Projections showed the far-right National Rally had failed to win a majority. It had been the largest party after first-round voting - but today, the left-wing coalition, the New Popular Front, has most seats, while President Macron's centre alliance came second. Sam Fenwick gets reaction from businesses and economists about what the result of a hung parliament in France could mean. So, from one election without a clear winner to another with a very clear outcome; UK Labours new Chancellor of the Exchequer, Rachel Reeves, outlines her plans for delivering economic growth. And Boeing has agreed to plead guilty to a criminal fraud conspiracy charge stemming from two crashes of 737 Max jetliners that killed three hundred and 46 people. As part of the plea deal, Boeing will pay a criminal fine of nearly $250 million.

Jack Chambers, Minister for Finance, discusses the release of the latest Exchequer figures.

Robert and Steph answer your questions including, how do we measure our productivity in the UK? Why didn't the Bank of England cut interest rates? How much of what we invest actually come back to the Exchequer? Sign up to our newsletter to get more stories from the world of business and finance. Email: restismoney@gmail.com X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: Fiona Douglas Producer: Ross Buchanan Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Neil Fearn, Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode, Rachel Reeves, Shadow Chancellor of the Exchequer, tells us about how her childhood and passion for chess have shaped her identity as a woman within male dominated environments. Producer: Florence de Schlichting Hosted on Acast. See acast.com/privacy for more information.

In this week's episode, we spotlight the beautiful Exchequer Leghorn and Fiona joins us for a round table discussion on chick development. We share our recipe for buckwheat pound cake with chocolate chips and find some retail therapy with Bright and Early Coffee.Grubbly Farms - click here for our affiliate link.https://www.anrdoezrs.net/click-100963304-15546963Pre and Probiotic and Vitamin and Electrolyte Powders!Bright and Early Coffee - use code CWTCL15 for 15% off of any bagged coffee. K Cups always ship free!https://brightandearlycoffee.com/Chicken Luv Box -  use CWTCL50 for 50% off your first box of any multi-month subscription!https://www.chickenluv.com/Nestera UShttps://nestera.us/cwtclUse our affiliate link above for 5% off your purchase!Breed Spotlight is sponsored by Murray McMurray Hatcheryhttps://www.mcmurrayhatchery.com/Metzer Farms Waterfowlhttps://www.metzerfarms.com/Roosty'shttps://amzn.to/3yMDJECONourish Calci Wormshttps://econourish.co.uk/Buckwheat Pound Cake with Chocolate Chipshttps://coffeewiththechickenladies.com/farm-fresh-egg-recipes/buckwheat-pound-cake-with-chocolate-chips/CWTCL Websitehttps://coffeewiththechickenladies.com/CWTCL Etsy Shophttps://www.etsy.com/shop/CoffeeWChickenLadiesAs Amazon Influencers, we may receive a small commission from the sale of some items at no additional cost to consumers.CWTCL Amazon Recommendationshttps://www.amazon.com/shop/coffeewiththechickenladies Support the Show.

A slightly-longer Sunday morning thought piece than usual today, but one that is well worth the effort I hope you'll discover.A reminder that:* This August I am going to the Edinburgh Fringe to do one of my “lectures with funny bits”. This one is all about the history of mining. As always, I shall be delivering it at Panmure House, where Adam Smith wrote Wealth of Nations. It's at 2pm most afternoons. Please come. Tickets here.* My first book and many readers' favourite, Life After the State - Why We Don't Need Government (2013), is now back in print - with the audiobook here: Audible UK, Audible US, Apple Books. I recommend the audiobook ;)Isaac Newton, who, along with William Shakespeare, Leonardo Da Vinci and Aristotle, must be one of the cleverest individuals to have ever lived, made groundbreaking contributions to physics, mathematics, optics, mechanics, philosophy and astronomy. The laws of motion, the theory of gravitation and the reflecting telescope were among his many contributions. He was also a brilliant alchemist, obsessed with theology and biblical prophecy. As if that isn't enough, he is credited with the design of the Gold Standard, the primary monetary system of the world for over two hundred years. Today we explore how this brilliant system was accidental.In 1695, counterfeit coins accounted for more than a tenth of all English money in circulation. Massive LOL: the English used the counterfeit coins, in particular, to pay their taxes. The Exchequer that year reported no more than ten good shillings for every hundred pounds of revenue. Coin clipping was also a major problem, especially of old coins, and silver coins were disappearing from circulation altogether. Silver was worth more on the continent as bullion than it was in the UK as tender, so arbitrageurs shipped coins abroad, melted them down, and sold them for gold. Everyone from the Jews to the French was blamed, but by 1695 it was almost impossible to find legal silver in circulation. It had all been melted down and sold.This all led to a scarcity of money, which inhibited trade. More damage was caused to the English nation in just one year by bad money than “by a quarter century of bad kings, bad Ministers, bad Parliaments and bad Judges”, said the historian Thomas Babington Macaulay.King William begged the House of Commons to respond to the crisis and, seeking help, Secretary of the Treasury, William Lowndes wrote letters to England's wisest men, asking their advice: among them, philosopher John Locke, architect Sir Christopher Wren, banker Sir Josiah Child, and scientist, Sir Isaac Newton.Newton was in his mid 40s and probably not far off the peak of his powers. He had published his most famous work, the Philosophiæ Naturalis Principia Mathematica, just eight years earlier in 1687, and it had established him as the smartest man in the country. He would now put his great mind to money.With the formation of the Bank of England the previous year, Newton had become aware of the possibilities of paper money. “If interest be not yet low enough for the advantage of trade,” he wrote, “the only proper way to lower it is more paper credit till by trading and business we can get more money.” He could see that token value and intrinsic value were not necessarily one and the same.It was also obvious to Newton that the currency criminals were rational actors. They would continue to clip, counterfeit, and sell abroad while there was profit in it. Bullion smuggling carried the death sentence, yet still it went on. Coercion alone would not be enough to stop it from happening. The market itself needed to be changed.He came up with two measures. First, to deal with the clipping, all coins minted prior to 1662 should be called in, melted down, and, using machines, re-made into coins that had a single consistent edge. With no more hand-hammered coins in circulation, clipping coins would become that much more difficult. Re-minting the entire country's coin, however, at a time of such primitive machinery, was no small undertaking. Second, to deal with the silver issue, the amount of silver in coins should be lowered so that the silver content and the face value of the coin were the same.The thought of such a devaluation went against the psyche. The idea that token value and intrinsic value might be different was alien and Newton's second proposal was not widely welcomed. There were 20 shillings to a pound, so a shilling should contain a concomitant amount of silver.  Newton may have thought that the token was more important than the silver content, but landowners and the government, which was largely made up of them, would lose 20% of their silver by Newton's proposal. In 1696 Parliament approved the recoinage, but stipulated the new coins maintain the old weights. Newton warned that the silver outflow would continue.The following year, nudged by John Locke, Charles Montague, the Chancellor of the Exchequer, sent Newton a letter notifying him that the King intended to make him Warden of the Mint. So began his new career. Perhaps the role was only intended as a sinecure, but Newton took it very seriously.Putting his chemical and mathematical knowledge to good use, Newton got the Mint's machines working and the coins minted at a speed that defied the predictions of even the boldest optimist and, as an industrial operation, Newton's recoinage was an enormous success. Newton would also have to learn the skills of a policeman—both investigator and interrogator—and he proved masterful. This ruthless enforcer of the law, oversaw numerous investigations, exposing frauds, and then prosecuting perpetrators. Poor counterfeiters had no idea what they were up against, and many were sent to the gallows for their crimes.So good at the job of Warden was Newton that, in 1699, he was promoted and made Master of the Royal Mint, and after the Union between England and Scotland in 1707, Newton directed a Scottish recoinage that would lead to a new currency for the new Kingdom of Great Britain.He had solved the clipping issue, the counterfeiting issue was vastly improved, but silver was still making its way across the Channel, just as Newton had said it would. As long as the silver content exceeded the face value of the coins, the trade would continue. By 1715, almost all of the coins that Newton had struck between 1696 and 1699 had left t he country.Newton's studies had moved on from tides, planetary motions, and pendulums to the gold markets. He drew up an extensive table of assays of foreign coins and in doing so realised that gold was cheaper in the new markets opening up in Asia than in Europe, and thus that silver was not just being sucked out of England, but out of Europe itself to India and China where it was traded for gold.Meanwhile, the world's next great gold rush had started.If you are interested in buying gold, check out my recent report. I have a feeling it is going to come in very handy in the not-too-distant future.My recommended bullion dealer is the Pure Gold Company.World gold output doublesSome time in 1694 Portuguese deserters had found alluvial gold two hundred miles inland from Rio De Janeiro in Minas Gerais in Brazil. Soon everyone was flocking there, “white, coloured, black, Amerindian, men and women; young and old; poor and rich; nobles and commoners; laymen and clergy,” said a Jesuit priest who lived in the area. By 1724, within just three decades of the discovery, world output had doubled. By 1750, 65% of global production was emanating from Brazil. The gold made its way to Lisbon, along with sugar, tobacco and other Brazilian products - similar amounts to that which the Conquistadors had sent back to Spain the previous century - and with it the Portuguese minted their moidores coins.The Portuguese used their gold to buy English cereal crops, beef and fish, woollen goods, manufactured articles, and luxuries. Portugal imported five times as much from England as it exported to it, and it used its gold to settle the difference. The moidores, which weighed slightly more than an English guinea, worth 28 shillings, actually became currency, especially in the west country, where there were more of them than local coins. “We hardly have any money,” wrote an Exeter man in 1713, “but Portugal gold.” In London, the Bank of England began buying vast amounts of gold, “to be coined as it comes in” and the Mint began minting guineas from the moidores. By 1715 the Bank had 800 kg/25,700 t.oz, a nascent central bank reserve, and this figure would rise would to 15.5 tonnes/500,000 t.oz by 1730. So much gold coin had never been minted before and London soon overtook Amsterdam as the foremost precious metals market. Gold was coming and staying. Silver was leaving for Asia. In 1717 Newton was called on to investigate.He came up with a new system and outlined it in a report to the Lords Commissioners of His Majesty's Treasury in September 1717. Less than three months later there was a Royal Proclamation that forbade the exchange of gold guineas for more than 21 silver shillings - even if they were clipped or underweight. Thus was a guinea just over a pound, which was 20 shillings, or 113 grains of gold. The ratio of gold to silver was effectively set at roughly 1:15.5.But silver coin clipping continued, and full-weight silver coins continued to be exported to the continent, where 21 shillings of silver could still get you more than a guinea's worth of gold (just over 7.6 grams/1/4 t.oz), and to Asia, especially India and China, often via the East India Company, where silver was even more valuable. The result was that silver was used for imports, and so left the country, while exports were traded for gold, which thus came into the country.All in all, some two-thirds of that Brazilian gold is thought to have ended up in England. Hundreds of tonnes in total.Britain had always been on a silver standard. A pound was a pound of sterling silver. “In all men's minds the only true money of the country was the silver coin,” said Sir John Craig, historian of the Mint. Although that Royal Proclamation suggested a bimetallic standard, in practice, with so much silver going abroad, it moved Britain from silver to its first gold standard. Gold was more dependable than clipped silver. The future would look back on Newton as the father of the gold standard. His system proved the bedrock of Britain's domestic and international trade through the 18th century, helping it to become such a formidable commercial power. But it was an accidental gold standard. Nobody—not the institutions nor the persons involved—had had the slightest intention of creating a new monetary system on gold. Most people wanted to sustain silver as the prime coinage of the land. Newton had tried to create a functioning bimetallic standard. But market forces had other ideas.In the 1770s there was another recoinage in Britain, which, in terms of sheer scale, was unprecedented. Some 155 tonnes/5 million t.oz of gold in total, perhaps 30 times greater than Newton's recoinage of 1696-9, greater than anything attempted by Spain or Venice, or even Rome. No attempt was made to recoin silver. It was a formal admission that Britain was now on a gold standard. Newton's accidental gold standard was formalised.Anno domini for goldThe second half of the 19th century proved the golden age of the gold rush. First California, then Australia, then New Zealand, then South Africa, then Western Australia, and finally the Klondike.Aside from taxation (see Daylight Robbery), it is difficult to think of anything more overlooked that has had a more profound influence on the course of human history than the gold rush. Nations, indeed civilisations, have been formed on the back of them. (The beneficial impact of gold discoveries in Northern Spain to the Roman Empire is dramatically understated, for example). The fifty years from January 24th, 1848, were perhaps the golden era of the gold rush. The date stands as a watershed moment, the dawn of a new golden age. You might say there are two histories of gold, one before and one after 1848, akin to a BC and AD moment in time. On that day a carpenter from New Jersey by the name of James Marshall saw something shiny at the bottom of a ditch while carrying out a routine inspection of a lumbar mill he was helping build on the western slopes of the Sierra Nevada in California. The scale of the gold business changed out of all proportion. The amount of metal available changed beyond all recognition. Annual production rose fivefold in five years. The Paris Mint coined 150 million Napoléons D'Or in eight years from 1850-57, compared to 65 million in the preceding 50 years. The US Mint's output of gold eagles rose fivefold.The gold price should surely fall with all the new supply, feared bankers and economists. “The price must fall,” said the Economist, wrong about everything even then. The Times agreed. French economist Michel Chevalier wrote an entire book, On the Probable Fall in the Value of Gold. But the gold price did not fall. It stayed constant. Surprisingly perhaps, the biggest casualty of the gold rush, and the dramatic increase in gold supply, was silver. Silver had been money for thousands of years. Not for much longer. Its price halved. In 1850 only Britain, Portugal, Brazil, and a handful of other nations were on the gold standard. Everyone else was on bi-metallic standards. Come 1900 China was the only major nation not on a pure gold standard. Scarcely had the discoveries in California been made when the US began minting $1 and $20 gold coins, in addition to the $10 eagle. Before the discovery, the US Mint struck $4 million worth; in 1851 it minted over $62 million worth. Gold is “virtually the only currency of the country,” said a Congressman proposing a $3 gold coin in a debate in 1853. 1853 would also prove the last time silver dollars were struck, though they still circulated. In practical terms, if not nominal, the US was moving to a gold standard. Then the Coinage Act of 1873 eliminated the standard silver dollar altogether. The act became known as the Crime of 1873. There was a rearguard action, a “silver crusade” to get silver reinstated, especially as silver supply was now increasing thanks to discoveries in Nevada, Colorado, and Mexico. There was, thought some, a “deep-laid plot” engineered by a foreign conspiracy to increase the national debt, which would have to be paid in gold. Bimetallism became a central issue of the election of 1896, when an ambitious young Democrat by the name of William Jennings Bryan won the nomination that he thought would carry him to the presidency with what is widely regarded as one of the greatest speeches in American political history. “Thou shalt not crucify mankind upon a cross of gold,” he bellowed. But no.Gold rather than silver was now in the pockets of millions of people around the world. The increased gold supply effectively sent both France and the US onto gold standards, even though nominally they remained bimetallic (the US until 1900). The move from silver to gold gathered pace in Europe from the 1870s. In 1872-3 Germany launched its new mark, followed by Denmark, Sweden, Norway, and the Netherlands. France, Belgium, Switzerland, and Italy had signed up to a Latin bimetallic monetary union in 1865, which was undermined by the tumbling silver price, and they largely abandoned the silver part of the equation after 1874. By the end of the century, every major nation bar China was on a gold standard, the classical gold standard which Isaac Newton is credited with having designed.But that classical gold standard, that golden age of sound money for which many hard money advocates of today, including yours truly, pine, was not designed and planned, it was accidental.As a the poet Robert Burns wrote:But Mousie, thou art no thy-lane,In proving foresight may be vain:The best laid schemes o' Mice an' MenGang aft agleyThe modern system of fiat money by which we operate today is also accidental, evolving from political expediency, political pressure, technological developments, deficit spending, suppressed interest rates, misguided obsession with GDP, and more. Many, especially the powerful, have exploited it for their own ends, but nobody designed a system in which 99% of money is digital, in which 99% of money is debt, in which loss of purchasing power and Cantillon Effect are built in, which robs the young, the salaried, and the saver, which makes an increase in the wealth gap inevitable and so on. The modern system is clearly in its endgame. Better systems are emerging. But endgames last a long time.Enjoy this article? Please consider becoming a paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Why did the Tory Party choose to make Liz Truss and Boris Johnson prime minister? How does it feel to be the second shortest-serving chancellor in post-war history? What was the true thinking behind the disastrous Truss-Kwarteng mini-budget? On today's episode of Leading, Rory and Alastair are joined for the second and final episode of their conversation with former Chancellor of the Exchequer, Kwasi Kwarteng. TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP ELECTION TOUR: To buy tickets for our October Election Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Podcast Editor: Nathan Copelin Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Assistant Producer: Fiona Douglas Producer: Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

"If I were 22 now, I probably wouldn't vote Conservative" - Kwasi Kwarteng In the first of two episodes with the former Chancellor of the Exchequer, Rory and Alastair speak to Kwasi about the future of the Tory Party, New Labour's conservatism, Rishi Sunak, Rwanda, Brexit, Liz Truss, diversity in politics, the British Empire, and much, much more. If you'd like to hear the second episode RIGHT NOW, it's already available to members of The Rest Is Politics Plus - sign up at therestispolitics.com. If you're not a member, it will be released next Monday (20th May) on the public feed. Podcast Editor: Nathan Copelin Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Assistant Producer: Fiona Douglas Producer: Nicole Maslen Senior Producer: Dom Johnson Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. TRIP ELECTION TOUR: To buy tickets for our October Election Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

I read from exchange to excitable.     The chess board thing makes sense! Exchequer "...refers to a cloth divided in squares that covered a table...and which reminded people of a chess board." https://www.etymonline.com/word/exchequer#etymonline_v_14027     The word of the episode is "excimer laser". https://en.wikipedia.org/wiki/Excimer_laser     Theme music from Tom Maslowski https://zestysol.com/     Merchandising! https://www.teepublic.com/user/spejampar     "The Dictionary - Letter A" on YouTube   "The Dictionary - Letter B" on YouTube   "The Dictionary - Letter C" on YouTube   "The Dictionary - Letter D" on YouTube   "The Dictionary - Letter E" on YouTube     Featured in a Top 10 Dictionary Podcasts list! https://blog.feedspot.com/dictionary_podcasts/     Backwards Talking on YouTube: https://www.youtube.com/playlist?list=PLmIujMwEDbgZUexyR90jaTEEVmAYcCzuq     https://linktr.ee/spejampar dictionarypod@gmail.com https://www.facebook.com/thedictionarypod/ https://www.threads.net/@dictionarypod https://twitter.com/dictionarypod https://www.instagram.com/dictionarypod/ https://www.patreon.com/spejampar https://www.tiktok.com/@spejampar 917-727-5757

David Lloyd George, the Chancellor of the Exchequer, introduced the People's Budget to address social inequality and poverty by redistributing wealth through taxation and welfare ...

GUEST OVERVIEW: Rupert Darwall is a senior fellow of the RealClearFoundation, where he conducts research on issues such as energy and environmental policy, as well as corporate governance. Prior to this role, he worked as an investment analyst and in corporate finance. Darwall also served as a special advisor to the UK's Chancellor of the Exchequer. An accomplished author, Darwall has written two books, "Green Tyranny" and "The Age of Global Warming," in addition to numerous think-tank reports. His writings have appeared in publications such as the Wall Street Journal, The Hill, and Daily Telegraph. About the RealClearFoundation: The RealClearFoundation is a non profit organization that collaborates with RealClearPolitics to develop journalistic and educational programs in the public interest.

Walpole was appointed First Lord of the Treasury, Chancellor of the Exchequer and Leader of the House of Commons. This made him the de facto Prime Minister and, while the title was not officially recognized at the time, Walpole wielded considerable power and ...

On this week's #NCFNewspeak, NCF Director Peter Whittle, Senior Fellow Rafe Heydel-Mankoo and SDP London Mayoral candidate Amy Gallagher discuss: * Chancellor of the Exchequer opens his budget speech with a gift of £1 million for a Muslim war memorial * Church of England wokery reaches new levels with a £1 Billion fund for slavery * Conservative Government's new definition of extremism threatens free speech of many small "c" conservative groups and individuals and is a free gift for Labour to exploit once it gets to power. --------------- SUBSCRIBE: If you are enjoying the show, please subscribe to our channel on YouTube (click the Subscribe Button underneath the video and then Click on the Bell icon next to it to make sure you Receive All Notifications) AUDIO: If you prefer Audio you can subscribe on iTunes or Soundcloud. Soundcloud: https://soundcloud.com/user-923838732 itunes: https://itunes.apple.com/gb/podcast/s... SUPPORT/DONATE: PAYPAL/ CARD PAYMENTS - ONE TIME & MONTHLY: You can donate in a variety of ways via our website: http://www.newcultureforum.org.uk/#do... It is set up to accept one time and monthly donations. JOIN US ON SOCIAL MEDIA: Web: http://www.newcultureforum.org.uk F: https://www.facebook.com/NCultureForum/ Y: http://www.youtube.com/c/NewCultureForum T: http://www.twitter.com/NewCultureForum (@NewCultureForum)

What is Sajid's biggest regret from his time in politics? What barriers did he come up against in the Shamima Begum case during his time as Home Secretary? Will the NHS survive? Rory and Alastair are joined by Sajid Javid, former Home Secretary, Chancellor of the Exchequer, Secretary of State for Health, and many more cabinet positions, to answer all these questions and more in part two of this two part interview. TRIP Plus:  Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes.  Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Producers: Dom Johnson + Nicole Maslen Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

How are politicians working to combat anti-muslim and antisemitic racism in the UK? How does Sajid maintain friendships across party lines? Was austerity the only option for the Conservatives following the financial crash? Rory and Alastair are joined by Sajid Javid, former Home Secretary, Chancellor of the Exchequer, Secretary of State for Health, and many more cabinet positions, to answer all these questions and more in part one of this two part interview. TRIP Plus: Become a member of The Rest Is Politics Plus to support the podcast, receive our exclusive newsletter, enjoy ad-free listening to both TRIP and Leading, benefit from discount book prices on titles mentioned on the pod, join our Discord chatroom, and receive early access to live show tickets and Question Time episodes. Just head to therestispolitics.com to sign up, or start a free trial today on Apple Podcasts: apple.co/therestispolitics. Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Producers: Dom Johnson + Nicole Maslen Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices