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PODCAST

The Rest Is Money

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

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All Episodes

52:43

253. The truth about immigration - who is coming and...

The Rest Is Money ·

2026/02/19

What impact does migration have on the UK economy? Are we heading for net-zero migration and does it matter? Is the so called ‘brain drain’ a real thing? And why do politicians love talking about immigration so much? Madeline Sumption MBE - Director of Oxford University’s Migration Observatory - talks to Steph about the complex reality behind the numbers. And as they delve into the stats they also look at the politicisation of immigration and discuss what immigration policy is really for. The

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47:03

252. The £1 trillion war chest: why the UK is...

The Rest Is Money ·

2026/02/16

Why can’t the UK shake its "confidence rut" despite having a £1 trillion savings buffer? How are global "populist" spending trends forcing the bond market to act as a fiscal referee? And is the UK actually poised to become an AI superpower?In this episode, Robert and Steph welcome back Karen Ward, Chief Market Strategist for EMEA at J.P. Morgan Asset Management and former advisor to the Chancellor. The discussion dives deep into the 'split personality' of the UK economy, where high financial

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46:52

251. The man who rumbled Mandelson: Dan Neidle's...

The Rest Is Money ·

2026/02/12

How did friend of the show, tax lawyer Dan Neidle, manage to discover the true extent of Peter Mandelson’s connections to Jeffrey Epstein? What crucial information has Dan pieced together using Blackberry signatures and time zones that reveal what some redacted elements tried to cover up? Has Dan discovered the real reason why Mandelson was prepared to forward sensitive emails almost immediately to the disgraced financier and sex offender?Robert, Steph and Dan discuss how some diligent

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50:44

Business Secretary Peter Kyle: being let down by...

The Rest Is Money ·

2026/02/09

Why does Peter Kyle think Mandelson was as brilliant as he was flawed? What impact will the new China deals have on UK growth? And does he care what Trump thinks about them? Plus Kyle’s plans to get the UK’s first trillion dollar company. Steph and Robert interview the Business Secretary fresh from his visit to China. Plus find out what happened when the interview was interrupted by an evacuation…….it involves Ian Wright and a former German Chancellor. The Rest is Money is brought to you by

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43:14

249. ⁠Epstein, Mandelson & the system that failed...

The Rest Is Money ·

2026/02/05

How far does Jeffrey Epstein’s dark web extend into the global financial system? How much damage might Peter Mandelson have done by sharing confidential market sensitive details with Epstein? And why, despite decades of being dogged by scandals, has Mandelson kept being let back into senior political roles - and where does this leave Keir Starmer? Robert and Steph discuss the latest fallout from the new Epstein files release and the implications across the financial and political world. Not

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53:34

248. How Iran’s uprising has been driven by economic...

The Rest Is Money ·

2026/02/02

How is the mass civil unrest in Iran, and the brutal killing of protestors, linked to the collapse of living standards? Why have Western sanctions been a blunt tool? And how rife is corruption in the Tehran regime? In this episode, Steph and Robert examine whether there is a route back to freedom and prosperity for Iran. Esfandyar Batmanghelidj, Founder and CEO of the Bourse & Bazaar Foundation offers a deep analysis of the economic grievances that have destroyed social cohesion, and examines

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58:14

247. Sir Keir in China & will there be aftershocks...

The Rest Is Money ·

2026/01/29

What links Japan’s new prime minister with Liz Truss and Margaret Thatcher? Can Keir Starmer balance relations with Beijing without jeopardising ties to Washington? And why are Steph and Robert so worried about the future of hairdressing?Steph and Robert assess the $7 trillion upheaval in Japan’s bond market and discuss the risks and rewards of Starmer’s visit to China. They also examine the UK’s most overtaxed high-street industry, asking why hairdressers are being hit harder than anyone

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43:21

246. Why we need more businesses to go bust

The Rest Is Money ·

2026/01/27

Why have US productivity and living standards outstripped the UK’s? Why is it good news that more British businesses are failing? And why is the challenge now to make sure younger, more productive businesses get the capital they need?Steph and Robert talk to Ruth Curtice, Chief Executive of the Resolution Foundation, about the report card the Resolution Foundation has written on whether the government is meeting its central ambition to promote growth - and draw back the veil on Reeves’s income tax

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46:36

245. The TACO president - Why Trump Always Chickens Out

The Rest Is Money ·

2026/01/22

What is it that makes Trump back down? Why is Mark Carney, a former governor of the Bank of England, one of the only ones standing up to him? How strong is the EU’s hand in all of this? And why is the UK’s dependency on the US about more than trade? Steph and Robert look at what the latest Trump chaos means for the global economy and why “Britain is America’s lunch” right

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41:49

244. Why Lord Frost wants a Thatcher revival

The Rest Is Money ·

2026/01/19

Does the negotiator of Britain’s exit from the EU accept Brexit has failed? What in Liz Truss’s disastrous mini budget does he still endorse? What are his plans to revive the think tank that gave us Thatcherism? In this episode, Steph and Robert sit down with Lord David Frost - the Brexit negotiator turned head of the Institute of Economic Affairs. They examine whether his climate “realism” is in fact climate denialism and his arguments that the British state has grown too big, too intrusive,

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56:19

243. Identity crisis: why the government can't make...

The Rest Is Money ·

2026/01/15

Are the u-turns on ID cards and business rates bad for the economy? Can the Northern Powerhouse Rail deliver what it’s promising? And why is Donald Trump strong-arming banks and oil companies in a way that looks more like old-fashioned state socialism than free-market capitalism? Steph and Robert examine Labour’s modernisation agenda and ask whether Donald Trump has swapped free-market economics for a “Banana Republic” style

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48:19

242. Ignore the doomsayers - the UK is innovating

The Rest Is Money ·

2026/01/12

Why is Britain’s innovation economy is the strongest in Europe? What can the government do to strengthen it further? And can the UK outperform even America and China?Steph and Robert sit down with 'professional optimist' Saul Klein, Co-Founder & Executive Chair of Phoenix Court and venture capital investor, who explains why the foundations of new UK enterprise are stronger than at any time since the late 19th

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44:00

241. Greenland’s magnetic attraction: why Trump wants...

The Rest Is Money ·

2026/01/08

Why is the Trump land grab is as much about the economic war with China as it is about defence? How is his obsession with Greenland linked to magnets vital to energy, missiles and communication? And why are the PayPal mafia in lead roles?Steph and Robert assess Trump’s empire building and whether Kier Starmer has finally discovered how to be cheerful about the

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40:13

240. Levelling Up 2.0: What Actually Works for...

The Rest Is Money ·

2026/01/05

Why is Slough twice as productive as Mansfield? What’s the secret to reviving the economy in the North? Can we save the high street in 2026?Steph and Robert speak to Andrew Carter, CEO of Centre For Cities, a leading think tank focussed on how to improve the performance of our towns and

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43:49

239. 2026 Predictions: a bubble bursts, Starmer’s...

The Rest Is Money ·

2026/01/01

Will Starmer survive? Who will win the economic war between China and America? Is 2026 when hope returns to Britain?Robert and Steph weigh up 2025 economic results and make some predictions for the year

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42:09

238. How to prepare the UK workforce when 3 million...

The Rest Is Money ·

2025/12/29

How much should school education be about workplace skills and how much about knowledge? Should businesses be more involved in education? Is the assessment of education all wrong? And should learning and qualifications be encouraged at all ages? With up to 3 million UK jobs at risk over the next decade according to the National Foundation for Educational Research, Steph talks to their CEO Carole Willis, alongside Will Bridgman MD of engineering firm Warren Services who have built a skills

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56:07

237. The extraordinary story of Britain’s first tech...

The Rest Is Money ·

2025/12/25

Who was Mike Lynch and how did his tech companies make him a billionaire? How did he avoid prison in an American fraud trial when he’d only given himself a 0.4% chance of winning the case? Why did his tragic death spark conspiracy theories around the world?Katie Prescott, technology business editor at The Times, joins Robert and Steph to discuss the extraordinary life and death of a British tech billionaire, on whom she’s based her latest book: The Curious Case of Mike

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35:06

236. What M&S can teach Starmer (Part 2)

The Rest Is Money ·

2025/12/22

How Chairman Archie Norman and CEO Stuart Machin are turning round one of the UK’s oldest and most iconic businesses, and how the government should watch and learn from it. If M&S can be great again, so can

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46:35

235. How M&S saw off the cyber criminals and its plan...

The Rest Is Money ·

2025/12/18

Is there any worse trauma for a business than a cyber attack? What should you do if it happens? Plus how do M&S decide when to close a store and, if it does, is that the final nail in the coffin for that town centre? Steph and Robert talk with M&S chairman Archie Norman, about not just any cyber attack, but an M&S cyber attack. Plus what the barometer of British retail is planning to do

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50:35

234. Is GB Energy Starmer’s missing growth plan?

The Rest Is Money ·

2025/12/15

How is GB Energy building a third of Britain's daily energy requirements? Can it hit the government’s clean energy target? And how is it creating high skilled jobs and new cutting edge businesses?Steph and Robert find out from the chair of Great British Energy, Jürgen Maier - the former government advisor and CEO of Siemens

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257 results

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