How angry are business leaders with the government?
4/26/202653 min
How long will Starmer cling on for? Will politicians sucking up to Northerners make any difference to the North South divide? What’s the latest with the Strait of Hormuz and how is it impacting global prices? How is that feeding through to inflation here? Is Miliband right to stop more oil being drilled in the North Sea and what’s his plan to bring down energy bills?
After another week of Mandelson drama, Robert takes us behind the scenes and Steph looks at examples in business where bad vetting has had disastrous consequences. Plus...
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Transcript preview
First 90 secondsSteph McGovern· Host0:01
Fundamentally, whether the vetting was passed or not, Mandelson had a shady past. We all knew that. We talked about it when he got appointed as US ambassador I mean, we knew it was gonna end in tears, so why didn't the prime minister?
Robert Peston· Host0:15
We are running out of fuel for airplanes. Diesel could go on for weeks and months. Markets are behaving as they are literally putting everything on red at the moment.
Steph McGovern· Host0:28
So the question everyone's asking is, is Starmer gonna survive it? What, what's your take on it?
Robert Peston· Host0:32
That it's a question of when he goes, not if he goes.
Steph McGovern· Host0:37
Hello and welcome to The Rest is Money with me, Steph McGovern.
Robert Peston· Host0:50
And with me, Robert Peston.
Steph McGovern· Host0:51
Now, after more vetting scandal drama in the government, Robert's gonna be telling us what's been going on behind the scenes. Plus, we'll be looking at the high-profile cases in business when vetting has gone wrong with disastrous consequences. Uh, we'll obviously bring you up to speed as well on what's happening globally, economically, in terms of the US and oil prices and all the drama with the Straits of Hormuz and how that's feeding through into, uh, inflation here. Plus, Miliband is adamant he doesn't want us to open up the North Sea to get more oil, but he has a plan instead to tax his way to cheaper energy. So Robert, let's start with the madness of