Chancellor Rachel Reeves says she will go ‘further and faster’ in the search for economic growth after a week of market turbulence that pushed up the cost of government borrowing.
Nick and Amol are joined by Today business presenter Sean Farrington to explain what bonds and gilts are and why they matter so much. They also talk to Paul Mason, former economics editor and Labour Party supporter, about what Rachel Reeves could do next.
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The 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.
This episode was made by Lewis Vickers with Izzy Rowley and Grace Reeve. Digital production was by David Kaplowitz. The technical producer was Dafydd Evans. The editor is Louisa Lewis. The executive producer is Owenna Griffiths.