The rising cost of living really brought home how those big, global economic shocks can mean some pretty bad bumps for our individual finances. Probably the most obvious, immediate and, painful way that global economic events hit our household budgets is through the price of energy. In 2022 we saw our bills almost double - causing the government to step in and guarantee energy prices, with the Treasury picking up the rest of the tab. Even with that support, many people are struggling and we’re all paying a bit more attention to our bills. How does the market for energy work? Exactly what are we paying for, who sets the prices and why are our bills so much higher? And where did it all begin: economic historian Dr Victoria Bateman gives us a brief history of the National Grid.
Everything you need to know about the economy and what it means for you. This podcast will cut through the jargon to bring you clarity and ensure you finally understand all those complicated terms and phrases you hear on the news such as Inflation, GDP, National Debt, energy markets and more. We’ll ensure you understand what’s going on today, why your shopping is getting more expensive or why your pay doesn’t cover your bills.
Guest: Mike Waterson, Emeritus Professor of Economics at the University of Warwick Producer: Louise Clarke-Rowbotham Researcher: Beth Ashmead-Latham Technical Producer: Nicky Edwards Editor: Clare Fordham Theme music: Don’t Fret, Beats Fresh Music
A BBC Long Form Audio Production for BBC Radio 4
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The UK Election: 8. What’s the media’s role in an election?
The UK Election: 7. What can polling predict?
The UK Election: 6. How important are marginal seats?
The UK Election: 5. How do you make sure voting runs smoothly?
The UK Election: 4. Why do people vote the way they do?
The UK Election: 3. What difference does a manifesto make?
The UK Election: 2. How are candidates selected?
The UK Election: 1. How do you get the campaign right?
The US Election: 5. Becoming President
The US Election: 4. The General Election
The US Election: 3. The TV Debates
The US Election: 2. The Campaign Trail
The US Election: 1. Primaries, Caucuses and the National Conventions
Israel and the Palestinians: 5. The USA and Iran
Israel and the Palestinians: 4. The neighbours
Israel and the Palestinians: 3. Hamas
Israel and the Palestinians: 2. Israel
Israel and the Palestinians: 1. The Palestinians
Tech and AI: 10. Can we control AI?
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