Prime Minister of the United Kingdom from 2007 to 2010
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Fun fact: the only countries that own more bitcoin than the UK are the US (which own 207,000) and China (194,000). The UK has 61,000 bitcoin - worth almost $6 billion.They are mostly seized bitcoin, a lucky legacy from the early days when the UK was at the heart of bitcoin's evolution. (Remember Satoshi Nakamoto wrote in British English, the Times was referenced in the Genesis block, and many of the early conferences and meet-ups happened here). The FCA, in its wisdom, put a stop to all that, and so we fell behind.The stupidest thing our Chancellor can do, even with the parlous state of the national finances, is to sell those bitcoin. History would look back on her as an even greater fool than Gordon Brown for selling the national gold.This legacy has given the UK an extraordinary advantage in the global arms race that is bitcoin adoption. We would be mad to spurn it.Meanwhile, something extraordinary is taking place in the corporate world of bitcoin adoption, and I think it is going to accelerate rapidly very soon.It is being spearheaded by Michael Saylor, Chairman and Founder of Strategy (NASDAQ:MSTR).I recommended MicroStrategy, as it used to be called, to readers back in August 2023, largely because it was a means to get bitcoin exposure via your broker. You wouldn't have to jump through all the hoops of buying bitcoin through exchanges, which the FCA has made so difficult.It has been a big win for readers, having more than 12x'd since we tipped it, outperforming bitcoin by a considerable margin. (Bear in mind it has undergone a 10-for-1 stock split since that article.)You really should upgrade your subscription :)Strategy now has some 555,450 bitcoin, meaning it has more bitcoin than any other publicly traded company in the world (excluding the ETFs, which now hold 1.35 million). Note again: there will only ever be 21 million bitcoins - rather less if you discount the 2.5 million that have likely been lost, and the 1.3 million that Satoshi never touched and probably never will).Saylor is also the world's most articulate and charismatic proponent of bitcoin. The man is a genius, and I do not use that word lightly. He has turned Strategy from a quiet, business intelligence software firm, which traded sideways for 20 years with a market cap less than $2 billion, into one of the most talked-about and traded stocks in North America with a market cap north of $100 billion. Options traders love it.His method for doing so - extraordinarily bold at the time, though now it looks easy - was brilliantly simple. He bought bitcoin. He was worried about the erosion of the value of the corporate treasury due to inflation and currency debasement. he started slowly. Then, in buying bitcoin and using it, as tends to happen, he caught the bitcoin bug. He started issuing paper - stock, debt, convertible notes - and bought more bitcoin. Just last week he bought another 1,895 bitcoin, funding the purchase with sales of common and preferred stock.In effect, he is creating money out of (almost) nothing and using it to buy the hardest money in the history of mankind. (Sorry, goldbugs - and you know I'm on your team - but bitcoin is harder money, because the supply is more finite).In doing so, he has enabled many of his investors to retire early.But he has also set in motion something quite extraordinary.Other companies are starting to follow his model. I'm surprised more haven't, but it takes extraordinary courage and vision to do what he did, as demonstrated by the fact that more companies haven't copied him. They're too cautious. Even with him having blazed the trail and shown the way.I think there's a very good chance Strategy becomes a trillion dollar company, while Michael Saylor becomes the world's richest man.To call the pre-bitcoin Strategy a zombie company is harsh, but it was not really going anywhere. Interestingly, it is zombie or near-zombie companies with large treasuries that are most likely to follow the Saylor model. Their need for a new direction is greater.Microsoft (NASDAQ: MSFT) recently gave Saylor 5 minutes - 5 minutes! - to pitch his model to them, and duly ignored it. It is their loss. But Microsoft is Microsoft. At the moment, it doesn't need bitcoin, and it doesn't need to take the risk.GameStop (NYSE: GME), on the other hand, is a different matter. Remember GameStop from 2021 and all those memes during lockdown? The video game retailer had more than 3,000 outlets, and its business model was considered defunct. People buy games online now. But some private investors noted that the short position exceeded 100% of the issued shares of the company, and started buying. The ensuing short squeeze sent the stock from $17 to north of $500, and, it is said, almost broke Wall Street. (Not quite, but you get the point).The problem is GameStop's business model is somewhat defunct. This year, it closed over 400 stores. This week, it sold its Canadian outlets.But the company has about $4.7 billion in cash, low debt, and just raised another $1.5 billion, it announced.What does it do now?Bitcoin is the answer.We don't yet know how much it has bought, but its earnings call is on June 6, so perhaps we can expect an announcement then.The Japanese company Metaplanet (3350:TYO) is doing something similar. Formerly a zombie hotel company, now known as the “Asian MicroStrategy,” it has bought some 5,555 bitcoin. It bought another 555 this week after it issued its 13th set of bonds. The stock rose 40% on the news. Since spring 2024, when the company began its strategy, the stock has gone from below ¥20 to north of ¥600.The same thing is happening as happened to Saylor. Initially, the company bought it as a hedge against currency debasement. It discovered it was onto something. Now it is doing all it can to issue paper - bonds, warrants, stock, you name it - and use the proceeds to buy bitcoin.Perhaps GameStop will make a similar discovery.A year ago, Semler Scientific (NYSE: SMLR), which provides technology products and services for healthcare providers, made its first purchase of bitcoin: 581. It couldn't stop accumulating. Now it has 3,467 bitcoin.Sol Strategies (CA:HODL), my old company, is doing something similar for Solana, having just announced a $500 million convertible note. This company had a market cap of barely C$20 million a few months ago.What started as a trickle is starting to flow. The more companies that do this, the bigger the rush is going to get. Corporations are changing they way they store capital. They are changing the capital they store.The implications for how corporates hold their treasuries are one thing. The implications for fiat money are extraordinary. Issue debt - ie create money - and buy hard digital assets with it. This is going to be a big, big theme in the next few years.If you enjoyed this article, please like it, share it, all that stuff :) 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
To Snap or Not to Snap?... As we turn to October 2007, election fever has taken over the UK - everyone from journalists to the opposition to Ed Balls himself is expecting Gordon Brown to call a snap general election. But with the polls lurching back towards the Tories, Brown gets cold feet. In the final episode of this series, Deborah Mattinson rejoins the series to recall those final war room discussions with Gordon Brown himself and his closest advisors, discussions that end up with the election… aborted. Brown chooses to make this public in a blockbuster Downing Street interview with Andrew Marr, who joins us in the studio for the second half of the show to take us behind the scenes at that momentous juncture. How did he end up with the scoop, what was Gordon Brown's demeanor in the room, and why did he decide to break the news as soon as he walked out the door of number 10? To listen our bonus 'The Inquiry' episode, where Ed and George reflect on this series, sign up to Political Currency Gold or our Kitchen Cabinet. Head to Apple Podcasts or www.patreon.com/PoliticalCurrency to find out more. Producers: John Rogers and Miriam HallTechnical Producer: Danny PapeExecutive Producers: Ellie Clifford and Dino SofosPolitical Currency is a Persephonica Production and is part of the Acast Creator Network Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.
Election Speculation... Labour had a substantial lead in the polls in 2007, fuelling talk of a snap general election to cement Gordon Brown's place in Number 10. And things only got better as the party arrived in Bournemouth for their party conference. By the end of it, election fever was well and truly in the air.To listen to episode 3 straight away, sign up to Political Currency Gold or our Kitchen Cabinet. Head to Apple Podcasts or www.patreon.com/PoliticalCurrency to find out more. Subscribers will also get exclusive access to 'The Inquiry' - our bonus episode where Ed and George give their reflections on the series.EPISODE 2: Labour's rivals had to follow the show, and shadow chancellor George Osborne had an ace up his sleeve to unveil at their own conference in Blackpool: a hugely popular cut on inheritance tax. David Cameron followed it up with his own surprise move, a ‘no-notes' speech that was well received. Suddenly, the polls swung back, erasing the Labour lead in less than a week. Deborah Mattinson - a key pollster for Gordon Brown - continues in the studio with George and Ed to relive these tumultuous couple of weeks.Producers: John Rogers and Miriam HallTechnical Producer: Danny PapeExecutive Producers: Ellie Clifford and Dino SofosPolitical Currency is a Persephonica Production and is part of the Acast Creator Network Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.
Hvad vil det sige at tage sundhed alvorligt som et samfundsmål? Og hvad kræver det at indføre omsorg som et organiserende princip i økonomien? Det er nogle af de spørgsmål, den britiske økonom og forfatter Tim Jackson tager op i sin nye bog The Care Economy, der netop er udkommet på engelsk. For nylig gæstede han Borups Højskole, og denne uges udgave af Langsomme samtaler er derfor en live-version optaget i højskolens fyldte foredragssal. Tim Jackson er professor ved University of Sussex og direktør for Centre for the Understanding of Sustainable Prosperity, CUSP. Og så er han en nøgleperson i det internationale forskermiljø, der søger veje til en økonomi, der ikke undergraver sit eget naturgrundlag. I 2009 stod han bag Prosperity without Growth, et meget berømmet bestillingsarbejde til den daværende britiske Labour-regering med Gordon Brown i spidsen. Siden har Jackson udgivet adskillige bøger med mere eller mindre samme tema, herunder Post Growth fra 2021, der bærer den lovende undertitel: Life After Capitalism. Tim Jackson nye bog The Care Economy fra 2025 blev til ved lidt af et uheld. Da han brækkede sin tå, blev han nemlig ad omveje opmærksom på de økonomiske principper, der styrer vores samfund. De er ikke bygget på omsorg, bemærkede han, men funderet i jagten på vækst og en grundlæggende ubalance. Ifølge Jackson har vi til eksempel skabt en sundhedsindustri, der gavner medicinalindustrien mere end os selv, og som fokuserer på symptomerne frem for årsagerne, der ofte er langt mere komplekse end et nyt diabetesprodukt kan håndtere, fordi de handler om måden, vi har indrettet vores samfund på – måden, vi spiser på, lever på og den stress, vi udsættes for. I løbet af samtalen foretager Rune Lykkeberg og Tim Jackson et dybt dyk ned i årsagerne til, at vi har fået skabt en mere eller mindre hensynsløs økonomi, der systematisk ødelægger grundlaget for den omsorg, vi alle trænger til. Det handler om, hvordan vi forstår sygdom, og hvordan vi forstår vores kroppe. Og det handler om vores tilgang til helbredelse, vores omgang med medicin, og om hvad der skal til for at skabe en økonomi, der kerer sig om andet om mere end vækst: En omsorgsøkonomi.
Deborah Mattinson joined the House of Lords as a Labour peer in February. Her involvement in politics began when she worked alongside Peter Mandelson and Philip Gould to create Labour's Shadow Communications Agency for Neil Kinnock. In 1992 she co-founded Opinion Leader Research, and she went on to advise Tony Blair ahead of the 1997 election and later became Gordon Brown's chief pollster. In 2021 she was appointed Director of Strategy for Keir Starmer, a position she held until stepping down following last year's landslide victory. On the podcast, Deborah tells Katy Balls about growing up as a Labour supporter with a father active in local Tory politics, the work hard/play hard culture of advertising in the 1980s and how to decipher what voters really think during focus groups. They also talk about the differences between the 1987, ‘92, and ‘97 campaigns, the ‘Hero voters' that were key to Labour's electoral success in 2024 and how Labour can best tackle the threat from Reform today. With experience working with Labour spanning four decades, they touch on the Labour giants she worked with, including Alf (now Lord) Dubs, Peter (now Ambassador – also Lord) Mandelson and, more recently, the Prime Minister Keir Starmer. Produced by Patrick Gibbons.
Gordon Brown Takes the Crown... Ed Balls and George Osborne relive the sliding doors moment that could have changed the course of British history - the 2007 election that never was.To listen to episodes 2 and 3 straight away, sign up to Political Currency Gold or our Kitchen Cabinet. Head to Apple Podcasts or www.patreon.com/PoliticalCurrency to find out more. Subscribers will also get exclusive access to 'The Inquiry' - our bonus episode where Ed and George give their reflections on the series.EPISODE 1: Gordon Brown had sat in Tony Blair's shadow for over a decade. But suddenly, in the summer of 2007, he had his chance. As Blair stepped back, Brown stepped up - from Number 11 to Number 10 - without a single vote being cast. On the 27th June, he visited Buckingham Palace, and accepted the invitation from Queen Elizabeth II to form a government.His first three months were somewhat chaotic. Before his first PMQs, he was dealing with terrorism attacks in London and Glasgow. An outbreak of foot and mouth disease came soon after, as did flooding across the country. And then came the runs on Northern Rock, the canary in the coal mine of the impending financial crash.George and Ed go 'Inside The Room' with Deborah Mattinson, Gordon Brown's chief pollster. Deborah and Ed were inside many of the same Labour war rooms together, as trusted lieutenants of the former Iron Chancellor, and they recall these positive early days of the Brown premiership. George, meanwhile, takes us inside the Tory camp of that era and David Cameron's struggle to land effective blows against Brown. We also hear from Andy Coulson, the Tory head of communications during that period.Producers: John Rogers and Miriam HallTechnical Producer: Danny PapeExecutive Producers: Ellie Clifford and Dino SofosPolitical Currency is a Persephonica Production and is part of the Acast Creator Network Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.
JEREMY VINE chats to Paul Burke about his new murder mystery Murder on Line One, regional radio, celebrity, Agatha Christie and washing our clothes.MURDER ON LINE ONE There's a killer on the airwaves … and they're calling for you. Darkness looms over sunny Sidmouth, when an unsolved murder comes to the attention of late-night radio talk show host Edward Temmis. Recently sacked from his beloved job after a devastating tragedy, Edward is cast adrift – until he meets Stevie, whose grandmother, a devoted listener, died in a suspicious fire last year. Well, nobody hurts his listeners and helping Stevie might just give him the purpose he needs. Joined by his old fling, Kim, they discover Stevie's grandmother wasn't the only one of his listeners targeted – this is just the tip of the iceberg. But who is pursuing his ageing audience and why? And can Edward, Stevie and Kim get to the bottom of this mystery before it's too late?JEREMY VINE is a well-known British broadcaster who presents a daily show on BBC Radio 2 called The Jeremy Vine Show — and also a self-titled daily news and chat programme on Channel 5. This is why he likes strong coffee. He has been Sony Speech Broadcaster of the Year, and won Interview of the Year for the seminal moment when Gordon Brown put his head in his hands during the 2010 election campaign. Jeremy also does the BBC election graphics and rides a penny farthing, although not at the same time. 'The Diver and The Lover' is his first serious novel. It came out of a chance encounter with a painting. Born in 1965, he of course loves the music of Joy Division, The Cure and Elvis Costello. He is married to Rachel and they have two teenage daughters.Recommendations Dean Koontz The Watcher, Terry Hayes I Am Pilgrim. Jane Casey, CL Taylor, Lucy Foley. Jodi Picault, Suk Pannu, Vaseem Khan.Paul Burke writes for Monocle Magazine, Crime Time, Crime Fiction Lover and the European Literature Network, Punk Noir Magazine (fiction contribution). He is also a CWA Historical Dagger Judge 2025. His first book An Encyclopedia of Spy Fiction will be out early 2026.Produced by Junkyard DogCrime TimeCrime Time FM is the official podcast ofGwyl Crime Cymru Festival 2023 & 2025CrimeFest 2023CWA Daggers 2023 & 2024 & National Crime Reading Month& Newcastle Noir 2023 and 20242024 Slaughterfest,
Deborah Mattinson joined the House of Lords as a Labour peer in February. Her involvement in politics began when she worked alongside Peter Mandelson and Philip Gould to create Labour's Shadow Communications Agency for Neil Kinnock. In 1992 she co-founded Opinion Leader Research, and she went on to advise Tony Blair ahead of the 1997 election and later became Gordon Brown's chief pollster. In 2021 she was appointed Director of Strategy for Keir Starmer, a position she held until stepping down following last year's landslide victory. On the podcast, Deborah tells Katy Balls about growing up as a Labour supporter with a father active in local Tory politics, the work hard/play hard culture of advertising in the 1980s and how to decipher what voters really think during focus groups. They also talk about the differences between the 1987, ‘92, and ‘97 campaigns, the ‘Hero voters' that were key to Labour's electoral success in 2024 and how Labour can best tackle the threat from Reform today. With experience working with Labour spanning four decades, they touch on the Labour giants she worked with, including Alf (now Lord) Dubs, Peter (now Ambassador – also Lord) Mandelson and, more recently, the Prime Minister Keir Starmer. Produced by Patrick Gibbons.
Gordon Brown tells BH that the full effects of the world's economic shock are yet to be felt. He says immediate multinational cooperation is needed.
Tom in for Nick and joined by Jane Mangan who argues the UK Trainers' Championship is no forgone conclusion! The voice of Scottish racing Gordon Brown tells us why the Coral Scottish National meeting is so special. Macdermott is back in the race to defend his crown this year and we hear from his owner Pat Gallagher about his chances this year. Sadly no Apple Away in the race but the man who bought her (and Whistle Stop Tour who lines up on the card), Paul McIvor, tells us what he'll be looking for at next week's Tattersalls Cheltenham sale. With news that Inothewayurthinkin will not run again this season we hear from trainer Gavin Cromwell who also takes us through his Irish National hopefuls. William Haggas is along to talk Dubai Honour ahead of a bid for more Australian silverware in the Queen Elizabeth Stakes on Saturday and Christophe Lemaire also joins ahead of his first ever ride in Sydney. And Sporting Life's Dave Ord is with us providing something for the weekend.
Loose Ends this week is all about finding the light. Poet, performer and broadcaster Michael Rosen is touring a one man show making sense of some of the darker moments of his life. Dylan Jones was the editor of era-defining magazines like i-D, Arena and British GQ in the 1990s and noughties. Now his memoir, These Foolish Things - tells how he left behind a difficult childhood to embrace a career that encompasses hobnobbing with celebrities from Elton John to Tracey Emin, taking phone calls from David Bowie and recommending a tailor to Gordon Brown. There's dark themes too to the Texan comedian Kemah Bob's new show Miss Fortunate which tells the story of a disastrous solo trip to Thailand. It was hailed as "chest-achingly funny" and "charismatic" by the critics and won her a Best Newcomer nomination at Edinburgh Festival Last year. The actress Barbara Flynn knows how to pick her projects, appearing in Cracker, Cranford and now the BBC's hit drama Beyond Paradise where cosy crime meets health concerns, heated relationships and family niggles. With music by the winner of Channel 4's talent show The Piano Brad Kella, who is about to tour with Take That's Gary Barlow and the folk singer and protest song writer Grace Petrie.Presented by Stuart Maconie Produced in Salford by Olive Clancy
Spring has nearly sprung, but the fiscal forecasts made for a rather gloomy spring statement for Rachel Reeves. Stewart Wood, a Labour peer and former adviser to Gordon Brown, joins the podcast team to assess the state of the economy - and Reeves's attempts to turn it around. How much will welfare cuts upset Labour backbenchers? What could Donald Trump's tariffs mean for Reeves's plans? And just how difficult are the choices awaiting the chancellor as the spending review approaches? Plus: New IfG research focuses on left behind groups - and sets out some of the tensions in how the government is approaching one of its missions and milestones. Presented by Alex Thomas. With Jill Rutter, Gemma Tetlow and Sophie Metcalfe. Produced by Candice McKenzie. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Joining Iain Dale on Cross Question this evening are Labour MP Stella Creasy, Conservative MP and former net zero minister Graham Stuart, Theo Bertram of the Social Market Foundation think tank (who also used to work for TikTok and Gordon Brown) and LBC's political editori Natasha Clark.
Gyles really enjoyed meeting this week's guest, Ed Balls, because he enjoyed bonding over their shared experience of Westminster. And the political gossip and insight in this chat is fascinating - from a very funny behind-the-scenes account of the famous dinner at Granita in Islington at which Tony Blair and Gordon Brown thrashed out their leadership in 1997; to a description of what it's like to lose a seat as an MP (like being at your own funeral, apparently). But there's much more than politics, here. This is also the fascinating story of Ed himself, his humble Norfolk beginnings, his academic success, his early journalistic career, his marriage to fellow Labour Party high-flier, Yvette Cooper, and why it's best to lean in to a mid-life crisis. We hope you enjoy this week's brilliant edition, and thank you very much to Ed for your time, warmth and fabulous company. Learn more about your ad choices. Visit podcastchoices.com/adchoices
They may have both been leading Brexiteers but Dominic Cummings and Nigel Farage were once fierce rivals, vying to be the top campaign of the referendum. As recently as last year Cummings accused Farage of ‘surrounding himself with useless characters' – so why are we now hearing of a secret meeting between the two before Christmas? Ed Balls and George Osborne pick apart the significance of this rendezvous at a time when Reform are contending with a senior bust up, as well as an imminent by-election in Runcorn where polling has them out in front. In a week where Diane Abbott and Andy Burnham backed Ed's criticisms of the government's welfare reform, Liz Kendall has been in the Commons to announce further detail of Labour's plan. And they reflect on what options Chancellor Rachel Reeves will have in her Spring Statement (or mini-budget) next week. Can she create a reset moment?Plus, in London this week was the new Canadian Prime Minister Mark Carney. With rumours swirling about an imminent Canadian election, George and Ed debate the merits of calling a vote early into your premiership, reminiscing about the examples of Gordon Brown's ‘the election that never was' and Theresa May's disastrous loss of a majority in 2017. You could have been listening to this episode of EMQs early and ad-free with a Political Currency Gold subscription! And not only that… you could have been in the room asking a question as a member of Political Currency's KITCHEN CABINET, along with early and ad-free listening, and exclusive Political Currency merchSubscribe now: patreon.com/politicalcurrency or on Apple Podcasts: apple.co/politicalcurrency. Please note Kitchen Cabinet subscriptions are only available through Patreon.Technical Producer: Daniel PapeProducer: Miriam Hall and Jarek ŻabaExecutive Producers: Ellie Clifford Political Currency is a Persephonica Production and is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information. Subscribe now on Patreon Hosted on Acast. See acast.com/privacy for more information.
As Keir Starmer meets with Donald Trump for the first time since the latter's re-election, international order appears to be fragmenting around us. George Osborne and Ed Balls ask, are European leaders having to face up to a painful truth that their security is now at the whim of Trump's? Could other countries even come close to providing the kinds of military forcepower the Americans can provide?All the same, Starmer made a big splash this week ahead of his momentous trip to the White House by announcing increased defence spending - and a slashing of the aid budget. The pair consider how this massive strategic shift will recast Britain's role on the world stage. And what does it say about Starmer's grip on his Cabinet? Plus, pure podcast gold as George and Ed take a look at the latest Elon Musk amplified conspiracy: that the US's reserves in Fort Knox might be missing. Why is gold of such political and economic importance, and how do the optics of Musk and Trump's pronouncements remind us of Gordon Brown's sale of reserves - or even the ‘Pasty Tax'? This episode is brought to you by British Airways. British Airways will take care of you over a lifetime of journeys. Book your next flight at britishairways.com Become a member of POLITICAL CURRENCY GOLD
John McTernan - the ultimate Labour insider - talks Tories & ReformNick Cohen talks to John McTernan - , the political strategist and commentator, and a former senior advisor to the Labour Party. John was Tony Blair's Director of Political Operations from 2005-2007 before acting as special advisor to two cabinet ministers under Blair's Number 10 successor - Gordon Brown. Other roles since then has been as a columnist at The Scotsman and as Director of Communications for Australia's Labor party prime minister Julia Gillard.Reform emerges Labour's main threat as Tories continue to crumbleThe Conservative Party appears to be crumbling before our very eyes: poorly led, tanking in the polls way behind Reform, myopically fixated on failed crank ideologies like Brexit & its preposterous Rwanda migrant scheme - while Nigel Farage surges ahead of them in the polls with his latest political vehicle - Reform. The first step to seeing off the populist right embodied by Farage, argues John, is to understand his appeal , adding "Farage sees the demand for change in the public, names his party Reform, another word for change, and is going quite successfully, just simply stating "The country voted for change. Where's the change?"Labour needs traditional working class & metropolitan graduate wings to winJohn says that Labour has to be aware of the coalition support. - the two wings of different supporters the party needs to balance out on a wide range of issues and win round, saying "they elected us this time around, and that was a coalition of two halves. It was absolutely liberal minded, guardian reading, graduate London and South East voters, as well as, working class, Northern voters... if Labour moves too far in either direction towards the liberal green minded green agenda, or towards, the right wing agenda, it will lose."It's got to maintain both of those wings. You know, a plane flies on two wings. This government needs two wings of support. So I would be, my advice into combating Farage us is take him seriously. This is real, you can't ignore it. Understand the dynamics that are working out on the right of politics everywhere in Europe."Read all about itNick Cohen's @NickCohen4 latest Substack column Writing from London on politics and culture from the UK and beyond.. Hosted on Acast. See acast.com/privacy for more information.
What a return! The Chancellor is exceptional form as she discusses Trump, tariffs, the threat of Reform and the inside story of when her hair turned ginger. This interview has it all. The realities of life in government plus invaluable advice for creating the perfect Yorkshire Pudding. Oh and a brilliant story about Gordon Brown's tribute to John Prescott... The next guests at The Duchess Theatre are: 10 March: Alastair Campbell31 March: Anthony Scaramucci12 May: Wes Streeting9 June: Kemi Badenoch14 July: Michael Gove Get tickets for all shows here: https://nimaxtheatres.com/shows/the-political-party-with-matt-forde/ SEE Matt at on tour until April 2025, including his extra date at The Bloomsbury Theatre: https://www.mattforde.com/live-shows12 February: Bath, Komedia13 February: Southend, Palace Theatre16 February: Cambridge, The Junction20 February: Nottingham, Lakeside Arts23 February: Brighton, Komedia25 February: Cardiff, Glee Club26 February: Bury St Edmunds, Theatre Royal28 February: Chelmsford Theatre 2 March: Bristol, Hen and Chickens (Matinee)2 March: Bristol, Tobacco Factory4 March: Colchester Arts Centre 6 March: Birmingham, Glee Club7 March: Maidenhead, Norden Farm11 March: Aberdeen, Lemon Tree12 March: Glasgow, Glee Club27 March: Oxford, Glee Club28 March: Nottingham, Lakeside Arts Centre4 April: London, Bloomsbury Theatre Hosted on Acast. See acast.com/privacy for more information.
This week the political masterminds (and Hugo) are joined by Theo Bertram, who worked in Downing Street for Tony Blair and Gordon Brown.After a new book by Times journalists Patrick Maguire and Gabriel Pogrund sheds light on the inner workings of Keir Starmer's government, is chief of staff Morgan McSweeney actually in charge? And should a new YouGov/Times poll showing Reform UK ahead of Labour for the first time cause everyone to panic? Hosted on Acast. See acast.com/privacy for more information.
Like a patient on the operating table with no pulse, the UK economy is barely growing. Prime Minister, Keir Starmer and Rachel Reeves are desperately banging on the chest of the patient trying to revive it, but they don’t know how to bring it back to life. December figures show that the economy barely grew by just 0.1%. They talk of growth, but where is it going to come from? 10,000 millionaires have quit the UK in the last six months! China’s economy grew by 5% last year. Watch video version - https://youtu.be/FgXuoDMFE3c Retail sales were down in December! I’ve never heard of retail sales falling over Christmas. More inflation is expected as UK borrowing costs and bond yields have risen sharply. The country’s additional borrowing costs will run to £12 billion per annum. Paid by us, taxpayers of course. Governments screw up, we foot the bill. This could mean higher interest rates and higher mortgage costs for all of us at a time, and the Bank of England should be cutting rates. The market has lost confidence in the UK chancellor Rachel Reeves. She is out of her depth and reminds me the person that talks a good game and job interview but in reality hasn’t got a clue when they’ve got the job. Labour have got off to the worst start and any government I’ve never known. They want to give away the Chagos islands to Mauritius, and then lease it back at a cost of £9 billion! I’ve heard of sale and leaseback, but not “give” and leaseback. This will surely be remembered as the Prime Minister’s “Gordon Brown” moment. Gordon Brown was the Labour chancellor who sold off the U.K.’s gold reserves to China at rock bottom prices. Gold has risen by at least 10 times since the ill-fated sell-off. They inexplicably cut the small winter fuel allowance for millions of pensioners, taxed private school fees, and raised national insurance costs for employers, taxed our farmers and borrowed an additional £145 billion, all of which have made them hugely unpopular. And yet, the FT 100 index, reached a record level today! Apparently they expect interest rates to be cut by 0.25% when the Bank of England meet next month Will the Bank of England hold or cut rates next month? The implications are huge for the country and for the 700,000 borrowers who will come off fixed interest rates this year, as well as the first-time buyers who want to go on the property ladder. Buy to let property investment has become almost unviable, unless you have a large deposit or buying cheap properties up in the north-east. Some good news could be on the horizon for first time buyers as regulators are expected to relax lending rules. However, could this lead to another boom and bust? The massive building firm Taylor Wimpey has reported good profits of over £400 million last year and they built almost 10,000 new homes. Perhaps labours plan to relax planning rules will bring more homes onto the housing market. China What is going on between Labour and China? Why did Rachel Reeves desert her post at the time of the bond crisis last week? What are they given away for China to buy UK bonds? The Chinese government does not give anything without expecting something in return, and they normally bargain very hard. Foreign Secretary, David Lammy is expected to approve a new super embassy for China on the site of the old Royal Mint. Why does any country need a super embassy with hundreds of “diplomats”? Donald Trump could turn the US economy around, but will we get a decent trade deal after labour have alienating themselves from the new president elect? David Lammy, with his personal attacks, labour sending 100 people to America to canvas for Joe Biden during the US elections and now rushing to sign a deal with Mauritius before the presidential inauguration on January 20. Now it appears Labour are getting closer to China. The previous government cooled relations with China over Chinese technology, tensions over Hong Kong and Taiwan, the South China Sea, cyber security and allegations of spying. In summary, the lunatics have taken over the asylum! What does this mean for you? What can we do to cope on a personal level? If you believe we are entering choppy waters and stormy weather, now is the time to batten down the hatches and tighten your belts. This is not the time to purchase an £80,000 car on a lease or buy a fast-food franchise and open up yet another burger bar on the High Street. I’ve seen at least two or three new fast-food outlets or restaurants popping up on the High Street in the last couple of months. They are occupying premises that previous owners of similar businesses who went bust. I’ve talked to some of the business owners, and they are struggling. I walk past their restaurants and see the empty tables. I talk to a lady who opened up to bubble tea outlets and lost all her savings within six months. Her sign is still above the empty shop, which means the landlord has not been able to let the property again. Manage your money and control your spending. Invest wisely. If you’re nearing retirement, I would check with your financial advisor as to where your pension funds are invested. If you are young, I would learn more about AI. AI will kill 300 million jobs worldwide according to a recent report. People already been laid off in the City of London and Wall Street due to the impact of AI. A massive rise in employer national insurance contributions will hardly encourage employers to take on more staff. Worse still, it could lead to redundancies. Could be an easier time for homebuyers, if interest rates fall and the regulators ease the stringent restrictions on mortgage lending. Expect the best but prepare for the worst. Join me for my free webinar, Three. Steps to money, management and financial freedom, Wednesday 7 pm. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH See also: Is Great Britain Finished? As the UK faces mounting economic challenges, many are asking, "Is Great Britain finished?" The debt crisis in the bond market, combined with political and economic turmoil, paints a grim picture. Watch full video - https://youtu.be/smyXgIM0lWg Section 24 Landlord Tax Hike Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email charles@charleskelly.net for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s Make 2025 the year you take control of your financial future. By setting clear goals, budgeting wisely, paying yourself first, reducing debt, and investing strategically, you’ll be well on your way to building wealth and achieving financial freedom. Remember, every small step you take today can lead to significant financial growth tomorrow. For more tips and insights, watch the latest episode of the Charles Kelly Money Tips Podcast on YouTube and start your journey to financial success today! 3 Steps To Unlocking Financial Freedom! I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. Join me online on my free live money management training Wednesday at 7.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #FinancialFreedom #WealthBuilding #SaveMoney #InvestWisely #CharlesKellyMoneyTips #PersonalFinance #finance #moneytraining #moneymanagement #wealth #money #debt #financialplanning #moneymanagement #financialfreedom #section24tax #debtcrisis #rachelreeves #money #businessnews #bondcrisis #china #rachelreeves #kierstarmer
This week the political masterminds (and Hugo) are joined by Theo Bertram, who worked in Downing Street for Tony Blair and Gordon Brown.After a new book by Times journalists Patrick Maguire and Gabriel Pogrund sheds light on the inner workings of Keir Starmer's government, is chief of staff Morgan McSweeney actually in charge? And should a new YouGov/Times poll showing Reform UK ahead of Labour for the first time cause everyone to panic?Send your questions, voicenotes or comments to howtowin@thetimes.co.uk. Hosted on Acast. See acast.com/privacy for more information.
Labour heavyweight John Prescott's funeral took place yesterday with former Prime Ministers Tony Blair and Gordon Brown leading the tributes. What is Prescott's legacy? And does the current Labour Party have politicians that emulate his appeal? Lucy Dunn speaks to James Heale and former Blair adviser John McTernan about how Prescott was the glue that held Labour together during the Blair-Brown years. Also on the podcast, they discuss the borders and migration bill which Labour published this week. The bill sees the government adopt many measures that they voted against when in opposition. Does this show that Labour have what it takes to tackle immigration? Meanwhile the Conservatives still haven't come to terms with their own legacy on migration, as shown by shadow Foreign Secretary Priti Patel's comments to Talk TV... Produced by Patrick Gibbons.
The latest episode of Never Mind The Bar Charts saw Paula Surridge return to the show, talking about the impact of political values and of perceived competence on recent general elections. We got into some surprising similarities between Tony Blair and Nigel Farage, as well as ways in which Boris Johnson and Gordon Brown were the same. Take a listen to find out how on earth we ended up there. Show notes "Values in the Valence Election: Fragmentation and the 2024 General Election" by Paula Surridge. Also in blog form here. Why we made a joke about cease and desist letters. The graph which we mentioned. Paula Surridge on Bluesky and Substack. Theme tune by Hugo Lee. New to listening to podcasts? Here are some tips on how to listen to podcasts. Check out some of this show's most popular previous episodes.
The r*pe gangs scandal is vast and multifaceted. I sat down with broadcaster and journalist Patrick Christys to unpack the media failures over the years and continued failures this month.We discuss Keir Starmer's complicity, Labour's shameful history, Gordon Brown, and the vilification of those who have spoken out.Why would Labour not want a national inquiry? Are the Tories much better? What next for the victims?-----------------------------------------------------------------------------------------------------------------------To see more exclusive content and interviews consider subscribing to my substack here: https://www.winstonmarshall.co.uk/-----------------------------------------------------------------------------------------------------------------------FOLLOW ME ON SOCIAL MEDIA:Substack: https://www.winstonmarshall.co.uk/X: https://twitter.com/mrwinmarshallInsta: https://www.instagram.com/winstonmarshallLinktree: https://linktr.ee/winstonmarshall----------------------------------------------------------------------------------------------------------------------Chapters 00:00 - Introduction 4:14 Media's Role in the R*pe Gang Scandal8:12 Ideologies and Systemic Failures 14:27 Media Bias and Political Complicity15:02 Elon Musk's Impact and Media Reactions18:20 Political Parties and Historical Context 22:37 Jess Phillips and Media Interviews42:26 Keir Starmer's Complicity and Inquiry 57:50 Deportation and Community Cohesion 1:02:49 Integration and Community Responsibility 1:06:28 Final Thoughts and Future Conversations Hosted on Acast. See acast.com/privacy for more information.
Tricky poll ratings, gloomy economic news, and Elon Musk's online onslaught have made for a tricky start to 2025 for Keir Starmer, but how much should No10 be worrying? Theo Bertram, a former adviser to Tony Blair and Gordon Brown joins the pod team to give his verdict. Musk's X attacks have placed the child grooming scandal on the front pages, but are the Conservatives right to call for a new inquiry? The government would rather we were talking about its announcements on NHS and social care reform: our resident IfG health expert plans all? Plus: What will Mark Zuckerberg's Meta's fact-checking shift really mean? Hannah White presents. With Emma Norris and Stuart Hoddinott. Produced by Candice McKenzie. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Gavin Newsom smiles and claps as California burns… The British PM responded to Elon Musk's posts about the sexual exploitation gangs in prison. And here is a pastor who demonstrated how one can make people hate everything to do with Jesus.Episode Links:"This is like a third-world country, there is no water coming out of the fire hydrants. LA Mayor Karen Bass is on a foreign trip to Ghana." Los Angeles Mayor Karen Bass should resign now!Look at @GavinNewsom clapping and smiling when dementia joe accounces he is a grandpa while SoCal burns. This pathetic man needs to resign.LAFD Chief is being hailed as the first female and LGBTQ fire chief in Los Angeles. She says her priority is DEI. There's no water to fight the wildfire in Los Angeles! Resign Now! California deserves better!This county worker and ‘environmentalist' harasses these homeowners for their grill smoke. He claims that BBQ smoke is illegal! What would you say to this guy?This reporter just sat here and showered the mayor of Los Angeles with scathing questions for being MIA during the fires.Ex-police officer Dionne Miller. "The British Labour Government ( Gordon Brown and Jacqui Smith ) wilfully allowed British children to become prey to Pakistani rape gangs. They issued a BLANKET BAN on investigations." Gordon Brown and Jacqui Smith should be in Prison!He did it. Starmer did the meme. I hope you face the wrath of the fathers whose daughters were brutalized by the Islamis, @Keir_Starmer. You bloody coward."Why don't you lengthen that dress baby? Then you wonder why so many men are raping so many women." -'Pastor' John Koletas of Grace Baptist Church rages against 'Jezebel' women who wear makeup and paint their toenails, blaming them for being assaulted.Wisdom Nutrition https://trywisdomnow.com/toddStock up on Wisdom for 33% off plus free shipping. Visit trywisdomnow.com/toddAlan's Soaps ttps://www.alansartisansoaps.comUse coupon code ‘TODD' to save an additional 10% off the bundle price.Bonefrog https://bonefrogcoffee.com/toddMake Bonefrog Cold Brew at home! Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.Bulwark Capital Bulwark Capital Management (bulwarkcapitalmgmt.com)Get a second opinion on the health of your retirement portfolio today. Schedule your free Know Your Risk Portfolio review go to KnowYourRiskRadio.com today.My Pillow https://mypillow.com/toddUse promo code TODD to save big on the entire MyPillow classic Collection with the Standard starting at only $14.88. Renue Healthcare https://renue.healthcare/toddYour journey to a better life starts at Renue Healthcare. Visit renue.healthcare/Todd
We're pleased to welcome back Paul into the guest spot this week as he chats with Dustin about utilizing intentional conversations as a simple, effective tool to create supportive environments for residents. They explore how to integrate intentional conversations, ways to overcome challenges, and resources to learn more.
In the year 2000 there were barely any food banks in the UK but today there are nearly three thousand. So what's behind the sharp rise and how did it get to a point where the government says we have "a mass dependence" on food banks? In this episode Jaega Wise tells the story of the food bank. She hears from those using the Bristol North West food bank. They talk openly about how the food bank helped turn their lives around. She also visits a "social supermarket" in south London where people on benefits are able to shop from donated stock cheaply. Dr Andy Williams from Cardiff University discusses how the food bank model was imported from the United States where it had its roots in the Great Depression and Emma Revie of the Trussell Trust gives her view on why there has been such a surge in food bank usage.Jaega also visits Middlesbrough where the former Prime Minister Gordon Brown is opening a "Multibank" - these are warehouses full of donated stock that includes food and other household goods. Gordon Brown talks about his ambition to open Multibanks all over the country to tackle the growing problem of food insecurity.Presented by Jaega Wise Produced for BBC Audio in Bristol by Robin Markwell
In the first episode of our 'What If' series, Emily, Jon and Lewis look back at some of the big sliding doors moments of our recent history and examine how much our politics has been shaped by these pivotal events. Grappling with some of your submissions, The News Agents ask - what if Scottish independence had won out in the 2014 referendum? What if Rupert Murdoch had never bought The Sun newspaper? And, what if Gordon Brown hadn't been caught on hot mic making disparaging remarks against a Rochdale voter in the 2010 election campaign?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/7giHoMavXLgdrd6gaC3GxWG7T8Editor: Tom HughesExecutive Producer: Louis DegenhardtProducer: Natalie Indge Digital Editor: Michaela WaltersSocial Media Editor: Georgia FoxwellVideo Production: Rory Symon, Shane Fennelly & Arvind BadewalDigital Journalists: Michael BaggsYou can watch Lewis's special report on the abortion crisis in Florida here: https://www.youtube.com/watch?v=df5BCL0ocFEDon'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-usaYou can listen to this episode on Alexa - just say "Alexa, ask Global Player to play The News Agents"The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/
Kirsty McNeill is a new Labour MP but certainly not new to the Labour movement. She is perhaps best known for hr time working as an advisor to the Browns; firstly in Number 10 during Gordon Brown's time as Prime Minister, and later for both Gordon and Sarah Brown on their charity projects. Following her experience working on a number of non-executive board, including at the IPPR and Our Scottish Future, she unseated the SNP in the seat of Midlothian. Currently serving in the Scotland Office, she was one of the first MPs of the new intake to be awarded roles in government. On the podcast, Kirsty talks to Katy Balls about growing up in an SNP-supporting family, her training as a debater and how activism and advocacy led her into politics. She also provides her reflections on 2014 Scottish referendum having worked on the campaign, how Scottish and Labour politics have changed over the past few years, and her priorities for the new Labour government. Produced by Patrick Gibbons and Cindy Yu.
A decade ago, the Scottish people went to the polls for a referendum vote to make a choice: should the country break free of the United Kingdom? Ultimately, they voted to stay by a resounding margin – crushing the hopes of the Scottish National Party and soothing the fears of the British government of the day. But the issue of Independence continues to divide, and in this special miniseries, George Osborne and Ed Balls are joined by the former First Minister of Scotland Nicola Sturgeon to take a fresh, forensic look at the forces, decisions and party politics that drove the independence movement. In this first of three episodes, Nicola, Ed and George walk through the key moments leading up to David Cameron's decision to grant Holyrood the referendum vote. What was the focus of the conversations in Downing Street? George explains why he wanted to call the nationalists' bluff and catch them off guard. And what advice did Gordon Brown provide – that Nicola says was ignored – to keep the United Kingdom intact? Parts 2 and 3 of 'Inside The Room: The Scottish Independence Referendum' are available to listen to NOW for subscribers to Political Currency Gold.POLITICAL CURRENCY GOLD
Today, we look at a major intervention into the debate on the assisted dying bill from former Prime Minister Gordon Brown.Writing in the Guardian, Brown says the death of his first daughter Jennifer aged only 11 days strengthened his belief that "this is not the right time to make such a profound decision". Laura and Paddy discuss whether this could impact how MPs vote, as well as looking at new polling into how the public feel about the legislation.Plus, the French Foreign Minister has spoken exclusively to Laura about the war in Ukraine, and suggests that they will allow their long-range missiles to be fired into Russia. 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://tinyurl.com/newscastcommunityhere Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Laura Kuenssberg and Paddy O'Connell. It was made by Jack Maclaren with Adam Chowdhury. The technical producer was Jonny Hall. The assistant editor is Chris Gray. The editor is Sam Bonham.
The former Prime Minister Gordon Brown has said he opposes new legislation to legalise assisted dying in England and Wales but is calling for a commission to improve end-of-life care. Could he change the minds of some MPs?Also on the programme:Why was Donald Trump talking about cage fighting on the night he won the presidency? We look at the role mixed martial arts played in his campaign.And Scotland's oldest cello has been played in public this evening for the first time in more than 200 years. We have the cellist's verdict.
In this special episode two former Labour prime ministers, Tony Blair and Gordon Brown, reflect on the life of the former deputy prime minister who has died at the age of 86. Plus, Amol and Nick discuss their recollections of John Prescott and assess the impact he had on British politics.You can listen to John Prescott on Desert Island Discs here, in an episode first broadcast in 2012: https://www.bbc.co.uk/sounds/play/b01c6trmThe Today Podcast is hosted by Amol Rajan and Nick Robinson who are both presenters of BBC Radio 4's Today programme. Amol was the BBC's media editor for six years and is the former editor of the Independent, he's also the current presenter of University Challenge. Nick has presented the Today programme since 2015, he was the BBC's political editor for ten years before that and also previously worked as ITV's political editor.To get Amol and Nick's take on the biggest stories and insights from behind the scenes at the UK's most influential radio news programme make sure you subscribe on BBC Sounds. That way you'll get an alert every time we release a new episode, and you won't miss our extra bonus episodes either.The Today Podcast was made by Lewis Vickers with Nadia Gyane. The technical producer was Nathan Chamberlain. The editor is Louisa Lewis. The executive producer is Owenna Griffiths.
On Nick Ferrari at Breakfast,John Prescott has died at the age of 86 following a battle with Alzheimer's. Gordon Brown joins live to pay tribute to the former Deputy Prime Minister. Ukraine has launched UK-supplied storm shadow missiles into Russia for the first time, reports suggest. Nick speaks to former Defence Secretary Ben Wallace. The border security minister has said more hotels for asylum seekers have opened since Labour came into government. All of this and more on Nick Ferrari - The Whole Show Podcast.
This week on Westminster Insider, host Sascha O'Sullivan lifts on the curtain on the best political lunches — who to invite, where to go, and what to talk about. She speaks to Vivek Singh, owner of the Cinnamon Club, a SW1 culinary institution, about the two decades of drama and intrigue he's witnessed over his famous lamb shanks. Singh tells Sascha about the best tables — where you can see everyone but no one can see you — and how Gordon Brown was partial to a spot of grouse. Former Labour MP and member of Tony Blair's government Siôn Simon explains why the classic lobby lunch between journalists and politicians is actually "underlyingly stressful" and Sun on Sunday Political Editor Kate Ferguson tells Sascha how to warm up an MP to get them to spill the beans. Sascha speaks with Freddie Sayers, CEO of Unherd, which owns the Old Queen Street Cafe — a new favorite haunt of politicos of all stripes. Former political correspondent turned restaurant critic Charlotte Ivers tells Sascha why politicians have terrible taste in food. And the FT's Henry Mance recalls settling in for a port or three after lunch with Nigel Farage. Learn more about your ad choices. Visit megaphone.fm/adchoices
Inside the Exclusive World of Executive Jet Travel: Captain Nick GloverIn this episode of Undercurrent Stories, host Bob Wells sits down with Nick Glover, a former executive jet captain with an impressive career in business aviation and instructor at Aerobility, a unique charity offering people with disabilities the opportunity to fly. Together, they explore the fascinating life of an executive jet pilot and the exclusive world of VIP and celebrity air travel. From handling pre-flight checks and last-minute trips to flying royalty and high-profile public figures, Nick's journey offers an insider's perspective filled with thrilling stories and memorable experiences.Nick also discusses his work with Aerobility, sharing how the organisation empowers people with disabilities by giving them a chance to experience the joy of flight. His inspiring career advice, insights on aviation, and anecdotes about encounters with iconic figures make this a truly uplifting episode.Highlights- Nick's journey to becoming an executive jet captain and the challenges he overcame- The unique experiences of flying celebrities, royalty, and government officials- Memorable stories, including his interactions with Gordon Brown and President Jimmy Carter- The transformative power of Aerobility's work and the positive impact on disabled individuals- Advice for aspiring pilots and those interested in a career in aviationResources- Learn more about Aerobility https://www.aerobility.com/ and how you can support their mission- Follow Undercurrent Stories on social media for updates on upcoming episodesEnjoyed this episode? Don't forget to subscribe, rate, and leave a review. Share this episode with friends and family who are aviation enthusiasts or would be inspired by Nick's story. Connect with Undercurrent Stories: - Website: https://www.undercurrentstories.com/- Instagram: https://www.instagram.com/undercurrentstories/- Facebook: https://www.facebook.com/undercurrentstoriesIntro and outro music, 'Time for a Coffee' Bob Wells © 2020Question or comment? Send us a text message.www.undercurrentstories.com
Ben Riley Smith of The Daily Telegraph looks back on the week in Westminster. In the week of the election of Donald Trump as the next US President, Ben discusses the implications of the result with Stewart Woods, Labour peer and former adviser to Gordon Brown and Sir Liam Fox, the former Conservative Defence Secretary - and International Trade Secretary during Donald Trump's first presidency.To discuss the impact of the changes to inheritance tax on farms Ben is joined by Liberal Democrat MP Sarah Dyke and the Deputy Director of the Institute for Fiscal Studies, Helen Miller.The former Universities Minister and Conservative peer, Jo Johnson, discusses the government's announcement, earlier this week, that tuition fees for students in England would rise next year.And, as the new Conservative party leader, Kemi Badenoch, faced Sir Keir Starmer for the first time at Prime Minister's Questions, Quentin Letts, political sketchwriter for the Daily Mail and Jessica Elgot, Deputy Political Editor of the Guardian give us their verdict.
Rachel Reeves' first budget has caused quite the stir. But what aspects were really surprising – and important? What was risky? And what issues didn't it address? Ros Taylor discusses all this and more with Giles Wilkes, senior fellow at the Institute for Government. • “It was very much an old Labour budget.” • “It was the first honest attempt at saying, ‘If you want this, it's got to be paid for,' since Gordon Brown.” • “They missed any opportunity to make the tax system less bonkers.” We are sponsored by Indeed. Go to Indeed.com/bunker for £100 sponsored credit. www.patreon.com/bunkercast Written and presented by Ros Taylor. Audio production by Simon Williams. Managing Editor: Jacob Jarvis. Group Editor: Andrew Harrison. Art by James Parrett. Music by Kenny Dickinson. THE BUNKER is a Podmasters Production www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices
Budget day is over and Halloween is here - and Rachel Reeves certainly came up with some pretty scary numbers. Stewart Wood, a former adviser to Gordon Brown at the Treasury and No10, joins the podcast team to make sense of the chancellor's statement. Will her plans - this is one of the biggest tax raising budgets in modern history - come back to haunt her? Will her new rules for borrowing spook the markets? Or will her announcements begin the process of bringing economic growth back from the near-dead? Hannah White presents. Produced by Candice McKenzie. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Pop Idol star Gareth Gates and former Labour politician-turned-TV star, Ed Balls drop by the Access All studio to chat to Emma Tracey about living with a stammer. More than 20 years after he shot to fame on Pop Idol in 2002 Gareth talks about the new musical he is penning which is all about stammering. He has an overt or exteriorised stammer which causes him to get stuck at the start of a word and repeat the initial letter. Former politician, Ed, didn't realise he had a stammer until he was already serving in Gordon Brown's government. He has a covert stammer and describes it as a “block” which means the right words don't always come. He reveals the impact it had on political life when his rivals used it to rock the public's confidence in him and the moment he knew he had to go public. Presenter: Emma Tracey Producer: Alex Collins Editor: Beth Rose Sound: Dave O'Neill and Daniel Gordon
The government has announced that Defra should be a 'key economic growth department' and has ordered a review into its regulations and regulators. That's been welcomed by some, like the Country Land and Business Association, which says ministers need 'a laser like focus on identifying and removing the barriers to economic growth in the countryside'. The National Farmers' Union told us it wants a 'proportionate and predictable' regulatory environment for farmers. But others are more wary: campaigners have described the move as 'dispiriting', fearing that it could mean less regulation to stimulate economic growth at the cost of environmental protections. The internal review will be led by an economist, Dan Corry, who was head of the Number 10 Policy Unit under Gordon Brown.The size of England's beef herd has continued its fall. It's come down by 5% in the last year and now stands at 595000. In the ten years before that, the number of cattle bred for meat fell by 13%. The National Beef Association is calling on the Government to introduce new payments to farmers to halt what it calls an alarming trend. UK winemakers' harvest is underway. It too has fallen victim to the weather which has made the cereal harvest in England one of the worst since the 1980s. For grapes, the wet cold weather prevented or delayed pollination, with some yields are down 90%.Presented by Charlotte Smith and produced by Beatrice Fenton.
This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comFor the first time in history, gold went above £2,000/oz yesterday.This is a huge landmark in the decline of sterling.Of course, nobody in the UK echelons of power is talking about it.We are, however, because it matters. Who is buying it so much gold that price keeps going up? Why are they buying? There are hugely significant developments taking place in Asia that have the potential to reshape the global financial order.This bull market is not like previous bull markets. It's not driven by retail buying. What's driving it is far more significant than that.Clowns to the left, cretins to the rightHere is gold in pounds since Gordon Brown sold ours in 1999. It's quite something—over ten times higher! What a clown.Meanwhile, in other currencies, gold continues its march. Here it is in dollars, the preferred benchmark, over the past three years. This is proper bull market stuff.I know I have said this a million times, but I really urge you, if you haven't already, to diversify out of sterling—indeed any form of fiat money—and use gold as your savings vehicle.The gold price action is telling us something.The way this government is going—it's proving almost as rudderless as the Tories were, and in record time—sterling could have real problems, and soon.To my knowledge, not one influencer in the Labour Party, over the course of its conference this week, mentioned stewarding the currency, protecting its value, or any of that stuff. Just as every government before it has, they will use sterling devaluation to compensate for their deficit spending.The pound is only holding up in the forex markets because the Bank of England did not cut rates last week, when the Federal Reserve and the ECB have gone into a rate-cutting cycle.Perhaps, more significantly, no one in the Labour Party is discussing what is happening in Asia. Central banks are buying gold in huge quantities. They are no longer waiting for the price to pull back before making their purchases. Perhaps most significantly of all—they are not reporting all their gold purchases. It is happening on the quiet.If you want to buy gold to protect yourself in these uncertain times, let me recommend The Pure Gold Company. Pricing is competitive, quality of service is high. They deliver to the UK, US, Canada and Europe or you can store your gold with them.De-dollarisation is happening in front of our very eyesThe implications for the West are huge. But, despite the geopolitical significance, this issue is nowhere close to the Labour radar.This goes back to early 2022 and the Russian invasion of Ukraine when the US confiscated Russia's US$300 billion. Most of the rest of Asia looked at that and thought, “we need to de-dollarize.”China, as we know, has quietly been reducing its holdings of US Treasuries. It now holds $777 billion in US Treasuries, which is about 10% of the US national debt held by foreign entities. This compares to 22% in November 2013. That is quite the reduction.China has also, as we know, been accumulating vast amounts of gold.Analyst Jan Nieuwenhuijs calculates that China has bought 1,600 tonnes of gold since Covid. I think the number is higher. That is on top of the 370 tonnes it mines annually—and most of that mining is state-owned. I was having dinner with a VIP Chinese investment banker last night. I asked him about the Chinese mentality and de-dollarisation. “It is a matter of pride,” he said. China does not want to be beholden to the US. Global reserve currency status is a goal. There has never been a global reserve currency that did not start out backed by gold.For now, it continues operating by its doctrine, “we must not shine too brightly,” but all the while it is accumulating gold and reducing its dollar dependency.But it is by no means the only country doing this.Saudi Arabia was “caught” a fortnight ago secretly buying 160 tonnes of gold in Switzerland—kudos to Jan Nieuwenhuijs for the scoop. “One thing is for certain,” says Jan. “Saudi Arabia owns much more gold than it wants the world to believe.”This is significant because Saudi Arabia was such a key player in establishing the petrodollar in the early 1970s after the US came off the gold standard, enabling the dollar to retain its status as the global reserve currency.Saudi Arabia could be quietly repositioning itself as an ally of the next global superpower. It could also, as we shall see, be at the heart of a new global payments system.The new international payments system which bypasses the US dollar
Education is always the first public spending to be cut in a crisis and the last to be restored, according to the UN Special Envoy for Global Education Gordon Brown.But on Thursday he announced a new $1.5 billion commitment to invest in education for those children and youth most in need, powered by the game-changing International Finance Facility for Education.The former British Prime Minister told UN News's Ben Malor the cash injection would help get tens of thousands of students back to school – part of a wider, innovative plan to prevent whole generations of children from losing out.
What was the rivalry between Tony Blair and Gordon Brown really about? How easy is it to find work as an ex-politician? What can the Labour Party do going forward to strengthen the UK's relationship with the EU? Rory and Alastair are joined by Labour minister, Douglas Alexander, to answer all these questions and more. 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 TOUR: To buy tickets for our October Tour, just head to www.therestispolitics.com Instagram: @restispolitics Twitter: @RestIsPolitics Email: restispolitics@gmail.com Assistant Producer: India Dunkley Video Editor: Teo Ayodeji-Ansell Social Producer: Jess Kidson Producer: Nicole Maslen and Fiona Douglas 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
Last week, there was a surprise visitor to the Treasury: Gordon Brown. The former prime minister and chancellor secretly returned to his old digs for the first time since he left office 14 years ago. According to onlookers, Brown visited his old office as he caught up with the new chancellor – and his friend – Rachel Reeves. What was discussed? Many have speculated that among the topics on the agenda was the winter fuel allowance, a policy ushered in by Brown and now amended by Reeves. Elsewhere, Tony Blair has been doing the media rounds promoting his new book and giving his thoughts on leadership. Should Keir be listening? Are interjections from former prime ministers ever helpful? James Heale speaks to Katy Balls and Patrick Maguire. Produced by Oscar Edmondson.
Keir Starmer's biographer Tom Baldwin has revealed that the PM has removed a portrait of Margaret Thatcher from No 10. The portrait was originally commissioned by Gordon Brown. Why has he bothered to get rid of it? Elsewhere, the government has more plans for health, and select committees have some surprising new candidates. Megan McElroy speaks to Isabel Hardman and Katy Balls.
This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comIMPORTANT: somebody has been impersonating me on Substack, on Instagram and on YouTube. Please don't engage. Report and block. And please DON'T send any money.Thanks to all who came to see Shaping The Earth up in Edinburgh. The show got incredible feedback. I am doing it in London October 9th and 10th at the Museum of Comedy. Please come if you fancy a bit of “learning and laughter”. House prices have to come down some time. But when exactly? That's what we all want to know. So here's your answer.The declines start in the US and Canada in 2025, followed by the UK, Europe and Australia in 2026.That's what the 18-year property cycle says, at least.Today we explore that cycle and what it says about house prices.18 Years of Boom and BustEconomist Fred Harrison, who first covered the theory in his 1983 book, The Power in the Land, is very much the Godfather of the idea that real estate follows a predictable pattern over an 18-year period. I first stumbled across Harrison in 2005, when so many were sure house prices had to come down (needless to say they didn't), on reading his brilliantly prophetic article for MoneyWeek, arguing that we were two or three years from the top. Wasn't he right. Today, by most accounts, property should have already crashed. Real estate prices bear little resemblance to earnings. With the rise in interest rates that followed Covid, mortgage-holders found themselves with higher costs. Some were forced to sell, while prospective buyers could no longer afford to borrow as much as before. Increased taxes - I'm looking at you, Stamp Duty in the UK - have only added to the unaffordability.And yet, while the market may be slow and stagnant in many parts of the country and indeed the world, it is not exactly crashing.There was one school of thought that was steadfast in all the house-price bearishness which followed Covid, saying property's time to crash had not yet come. They were the acolytes of the 18-year cycle in real estate. Yet again they've been proved right. Real estate peaks in 2026, they said. After that we get four years of decline.You know my views on cycles. We have the seasons, days and nights, the moons, menstruation, the cycle of life - cycles are turning all around us. There are economic and investment cycles too: bull markets and bear markets, commodities super-cycles, Gordon Brown was always blathering on about the economic cycle, mining is cyclical. New technology goes through a clear cycle as it evolves and is adopted. On the other hand, it's easy to look back at the past, find some random pattern and declare it a cycle. Actually trading them in real time is a very different matter. In fact, the human need for narrative and the fact that cycles make for good copy mean it's very easy to get wedded to the idea of a cycle, when a very different reality is staring you in the face. After 2008 many got it stuck in their heads that this was Kondratiev Winter and the next Great Depression, and, as a result, missed one of the most rip-roaring bull markets in history. With all that said, the 18-year cycle in real estate has proved remarkably reliable, and, says Akhil Patel, author of The Secret Wealth Advantage, and one of Harrison's great disciples, it goes all the way back to the turn of the 19th century. (I'll show you that data in just a sec).Looking to buy gold in these uncertain times? Check out my recent report, and look no further than my recommended bullion dealer, the Pure Gold Company. Premiums are low, quality of service is high, and you get to deal with a human being who knows their stuff.Broadly speaking, there are four phases to the cycle - and it actually lasts about 18 and a half years.* Years one to seven. A silent rally followed by …* A mid-cycle slowdown or dip at around the seven year mark.* The explosive phase. That's when house prices really get on the map. Think 1983 to 1989 or 2002 to 2007. In the last couple of years you get a classic blow-off top - the winners' curse.* Finally, the correction which lasts around four years. Think 1989 to 1993 or 2008-2011. Then the cycle starts again.I have drawn this chart for you here, so you can see it illustrated.
Owen Blackhurst, Seb White and Tommy Stewart are back again to talk Tommy's outfit, Seb's anniversary, Mrs White, hot curries on hot days, fish and chips, Kentish Town, Keir Starmer, the Spice Girls, 1996, Three Lions, Gary Barlow, Fugees, Oasis, Spaceman, Niko Kranjčar, Joe Rogan, Miley Cyrus, The Undertaker, The Rock, South Park, Christmas Day for football fans, Test cricket, Fabrizio Ravanelli, Reading Festival, Juventus, adidas, acid, Middlesbrough, Spice Boys Liverpool, Reebok, Juninho, Food of the Cods, David Beckham, Match of the Day, Raith Rovers, Gordon Brown, the Bayern Munich scoreboard, East Anglia, King Charles the Cnut, Norwich, Paul Lambert, 3–0 down back to town, The Dam Busters, World War II in Colour, Nigeria's Olympic immortals, King Nwankwo Kanu, Portsmouth, Paul Merson, the FA Cup, the UEFA Cup, AC Milan, Ronaldo & Rooney, Theirry Henry, heat maps, Celestine Babayaro, sex before kick off, Tommy's bucket list, Owen's birthday, Reservoir Logs, Viz, WrestleMania in London, Wembley, Sadiq Khan, Crocs, Birkenstocks, Harry Potter, Steve Coogan as Mick McCarthy, Roy Keane, broken cars, SEAT Ibizas, Van Life UK, The Goosemobile, Pep Guardiola, cutting the sole of your foot, Tenerife 2008, My Little Pony plasters, water polo, The Inbetweeners, the little general, and somehow so much more. Get the latest issue of MUNDIAL Mag hereFollow MUNDIAL on Twitter - @mundialmagFollow MUNDIAL on Instagram - @mundialmag Hosted on Acast. See acast.com/privacy for more information.
Hugo Rifkind, Susie McCabe, Ashley Storrie and Stuart Mitchell join Andy Zaltzman to quiz the week's news from Aberdeen.This week the panel discuss Gordon Brown's vision for a second renaissance in Aberdeen, why Lee Anderson has lost the Tory whip, and the difference between Mob Rule and Ja Rule.Written by Andy ZaltzmanWith additional material by: Cody Dahler, Rebecca Bain, Alex Garrick-Wright, Krystal Evans, Peter Tellouche and Christina Riggs.Producer: Georgia Keating Executive Producer: James Robinson Production Coordinators: Sarah Nicholls & Jodie Charman Sound Editor: Marc Willcox Recorded by Sean KerwinA BBC Studios Production for Radio 4