The Rest Is Money

What makes the UK’s new tariff deal with the US so contentious? Robert and Steph dissect the thorny negotiations and their potential fallout, especially for iconic brands like Jaguar Land Rover. They also share a comical tale of a political reporting misadventure that involved a botched taxi ride. Plus, the discussions touch on the digital services tax and its implications for tech giants and public health. With insights on interest rate changes, there's a mix of finance, humor, and international intrigue that keeps things lively!

The hosts dive into the impact of Indian workers' national insurance contributions and what it means for labor rights. They share a light-hearted anecdote before tackling the serious complexities of the UK-India trade deal, focusing on tariff reductions for whiskey and cars. Concerns about public services amid the regulatory challenges are discussed, alongside the misconceptions surrounding Indian workers. Voter concerns about economic policies and trust in political parties are also scrutinized, alongside the ongoing challenges in UK-US trade negotiations.

In this discussion, Greg Jackson, Founder and CEO of Octopus Energy, shares insights from the forefront of the renewable energy movement. He explores whether the transition to green power should be accelerated or slowed down and debates the viability of local power through zonal pricing. Jackson addresses the risks of system crashes related to renewables, delves into the challenges of electric vehicle adoption, and highlights the vulnerabilities of centralized energy systems to cyber attacks. His expertise sheds light on the pressing need for systemic reforms in energy pricing.

Discover how Trump's chaotic start to his second term is causing economic ripples and market volatility. The discussion dives into the ramifications of his trade policies, leading to a record U.S. trade deficit and potential recession. Explore the chilling impact of recent cyber attacks, including a major incident involving Marks & Spencer, and the dark tactics employed by cybercriminals. The conversation also touches on the promising role of AI in healthcare and inspiring WWII stories amid ongoing challenges.

Jonathan Brearley, CEO of OFGEM and former climate strategy leader, dives into the UK’s energy crisis. He discusses why energy costs are soaring and whether the wealthy should pay more. The conversation highlights the push for renewable energy, pricing strategies, and the crucial role of nuclear power. Brearley also addresses the impact on small businesses and emphasizes the need for technological innovation to tackle affordability issues. The focus on energy self-sufficiency and customer support systems provides a glimpse into a resilient energy future.

The podcast dives into Trump's surprising pivot on China trade tariffs and his newfound restraint regarding the Federal Reserve. The discussion highlights the tangled relationship between politics and monetary policy, revealing how market reactions ripple from these shifts. They also tackle the UK's economy, discussing gloomy growth forecasts and rising borrowing costs. With potential tax increases looming, the conversation showcases the resilience of entrepreneurs navigating these challenges.

Why do poor people in the South live longer than Northerners in similar deprivation? How do we fix health inequality? What can businesses do to help? Steph is joined by Sir Michael Marmot, professor of Epidemiology, to discuss why all policy decisions need to focus on health equity.Sign up to our newsletter to get more stories from the world of business and finance.Email: restismoney@gmail.comX: @TheRestIsMoneyInstagram: @TheRestIsMoneyTikTok: @RestIsMoneygoalhangerpodcasts.comVisit: monzo.com/therestismoneyAssistant Producer: India DunkleyProducer: Ross BuchananHead of Content: Tom WhiterExec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode, Jim O’Neill, an influential economist and former chief economist at Goldman Sachs, shares his insights on the UK's trade priorities. He argues that securing a deal with the EU is crucial, overshadowing negotiations with the U.S. O'Neill also warns against severing ties with China, seeing collaboration as vital for global growth. Additionally, he discusses the need for ambitious investments in the UK to address regional disparities and bolster economic resilience in a changing global landscape.

The hosts delve into Trump's latest trade moves, including tariffs on rare earth minerals and restrictions on Nvidia chips, raising concerns about self-harm to the U.S. economy. They explore the UK's challenging path to net zero and its impacts on local industries, questioning government investment strategies. The conversation also highlights the importance of supporting British innovation and investment, particularly in growing tech sectors, amid fears that outdated policies could hinder progress and competitiveness.

The podcast dives into the chaotic world of Trump’s administration, exploring how his policies might actually be helping China and Europe while harming the U.S. Listeners will learn about the economic implications of tariff policies that initially create a spending boost but risk undermining confidence in the long run. With the looming threat of rising national debt and potential financial crises, the discussion also highlights surprising potential benefits of Trump's policies for global entrepreneurship and economic competitiveness.