AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Newscast
No Interest to Cut Rates…(Yet)
May 9, 2024
Former chief economist at the Bank of England, Andy Haldane and BBC's chief economics correspondent, Darshini David discuss the UK economy's direction and interest rates staying the same. They explore when mortgage rates may drop and the need for more evidence on price rises. Plus, insights on political shifts and surprising defections within parties.
32:52
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Bank of England maintains interest rates to observe further price rises before considering cuts.
- Embracing risk-taking is crucial for economic growth, urging a shift towards investments and innovation.
Deep dives
Resignation of Nadim Zahawi
Nadim Zahawi's resignation as a Tory MP and his decision not to contest the next election was discussed on the podcast. The letter he wrote announcing his resignation was critiqued for its use of language and reference to Shakespeare. Zahawi's political journey from his difficult early life to becoming the Chancellor was highlighted, including his appointment and subsequent resignation in a short span of time.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode