The Rest Is Money
Goalhanger
Robert Peston and Steph McGovern bring you insightful business and finance stories.Join Robert Peston and Steph McGovern as they delve into the key challenges and opportunities facing today’s business world. From the complexities of tech investments to the impact of political decisions on global markets, this podcast offers valuable perspectives on current financial topics. Whether discussing business funding, economic policies, or corporate strategies, they provide listeners with the tools to understand today’s fast-evolving market.Each episode brings expert analysis on important issues, including market regulations, economic recovery, and the forces shaping the future of work. Robert and Steph bring you the latest insights from influential leaders and top entrepreneurs, making this podcast a must-listen for anyone interested in business growth, financial trends, and the evolving economic landscape.For more Goalhanger Podcasts, head to www.goalhanger.com.
Episodes
Mentioned books
Nov 20, 2025 • 40min
226. Will Labour’s Mansion Tax Backfire?
The hosts tackle the potential consequences of the new mansion tax, discussing its impact on the housing market and long-term homeowners. They highlight the challenges of revaluing properties and the political risks for Labour’s young supporters. The conversation shifts to the implications of proposed salary sacrifice pension changes and how they might discourage savings. Finally, they explore the logistics and fairness concerns around a mileage tax for electric vehicles, weighing the pros and cons of replacing traditional fuel duties.
26 snips
Nov 17, 2025 • 33min
225. How Damaged Is Reeves By Budget Chaos?
Market chaos surrounds Reeves and Starmer, raising concerns among investors. The abrupt U-turn on the income tax rise sparks debate over economic strategy and political credibility. As public trust wavers with broken manifesto pledges, new data reveals unexpected wage growth helping to ease the fiscal gap. Investors react by selling gilts, fearing instability within Labour's leadership. The hosts speculate on possible budget measures, including a gambling tax and EV road pricing, as they navigate the turbulent financial landscape.
25 snips
Nov 13, 2025 • 42min
224. Would Ousting Starmer Risk Economic Meltdown?
Political instability looms as Labour faces leadership challenges, raising concerns about investor confidence. The hosts dissect how government messaging can either stall or spur business investment. They examine the dire state of deprivation across England, drawing links between poverty and political support for alternative parties. Retail crime enters the conversation with alarming statistics, prompting discussions about possible deterrents. Can innovative strategies, like facial recognition and local guards, effectively combat the rising tide of shoplifting?
39 snips
Nov 10, 2025 • 36min
223. Is The AI Boom Like 1929 Or The Dot Com Bubble?
Andrew Ross Sorkin, a New York Times columnist and author of '1929', dives into the parallels between the AI boom and past financial crises. He explores how the leveraged speculations of the 1920s mirror today's excitement about AI. Andrew warns about hidden risks in vendor financing and current economic weaknesses masked by AI spending. The conversation also covers potential government interventions and the societal impacts of AI, including job displacement and inequality, raising questions about a sustainable future.
23 snips
Nov 6, 2025 • 34min
222. The Four Budget Priorities For Rachel Reeves
Jim O'Neill, a seasoned economist and former Treasury adviser, dives into the UK's fiscal landscape. He critiques the Chancellor’s pre-budget speech and discusses essential reforms like the pension triple lock. O'Neill proposes four key priorities for growth: pension reform, property taxation, welfare devolution, and enhancing NHS productivity through technology. He emphasizes the importance of credible actions to tackle debt and argues that merely raising taxes isn't a long-term solution for growth.
30 snips
Nov 3, 2025 • 44min
221. Why Reeves Should Put Up Income Tax
In this discussion, Mohamed El-Erian, a Professor at the Wharton School and seasoned economist, dives into pressing global issues. He analyzes the fragility of the recent Trump-Xi truce and outlines the strategic flaws behind AI adoption in the UK. El-Erian warns about AI's societal risks, comparing its market surge to past bubbles. He advocates for a growth-oriented UK budget paired with tax increases to stimulate the economy, arguing that managing debt through growth is essential in today’s fiscal landscape.
21 snips
Oct 30, 2025 • 37min
220. How Do We Make Big Business Behave?
Catherine Howarth, Chief Executive of ShareAction, discusses how investors can encourage companies to adopt the real living wage and promote healthier food options. She shares insights on leveraging both small shareholders and large pension funds to influence corporate behavior effectively. The conversation reveals the significant impact of workplace health on productivity and the tensions political pressures create for responsible investment. Howarth also explores how individual pension savers can drive change and the need for more domestic investment in the UK.
42 snips
Oct 27, 2025 • 36min
219. When Do Tax Cuts Pay For Themselves?
Renowned economist Art Laffer, famous for the Laffer curve, shares his insights on taxation and economic growth. He argues that cutting top income tax rates can spur both revenue and growth, ultimately benefiting the less fortunate. Laffer critiques Liz Truss's mini-budget for lacking funded reforms and discusses Trump's trade stance, supporting free trade while acknowledging the strategic use of tariffs. They also touch on the potential of AI-driven growth and its risks, hinting at deeper explorations in the future.
40 snips
Oct 22, 2025 • 42min
218. How Do We Get Off The Escalator Of Ever Rising Taxes?
In this discussion, Karen Ward, Chief Market Strategist at J.P. Morgan Asset Management Europe, dives into the complexities of UK fiscal policy. She analyzes the implications of removing employer national insurance exemptions for high earners and the likelihood of a Bank of England rate cut amid fluctuating inflation. Karen highlights the challenges of filling a substantial fiscal gap without overwhelming taxpayers and the potential risks associated with private credit, all while suggesting pathways to restore investor confidence post-Brexit.
34 snips
Oct 19, 2025 • 59min
217. Is Reeves To Blame For The Budget Hole?
Helen Miller, Director of the Institute for Fiscal Studies and an expert in public finance, shares insights on the UK's challenging budget landscape. She discusses the need for rational tax reform and how Rachel Reeves can avoid raising taxes next year. Helen highlights the importance of a solid fiscal buffer and suggests reforming capital gains to incentivize investment. Additionally, she argues for a fairer council tax system and revaluation. Their conversation touches on how better long-term planning can reassure markets without cutting vital benefits.
