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The Week: The Price Of The Iran War

4/30/202632 min

Today, after a week of warning’s from the government over the financial impact of the war in Iran - is the reality starting to hit home?

Adam, Chris and Faisal are joined by Ailbhe Rea Political Editor of the New Statesman to discuss how the financial effects could be felt all over the country? It comes after the Bank of England warns interest rates could rise this year following a “significant energy price shock”.

And, with economic uncertainty looking set to continue - could this put off Labour MPs from launching a challenge to Keir Starmer?

You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://bbc.in/newscastdiscord

Get in touch with Newscast by emailing newscast@bbc.co.uk or send us a WhatsApp on +44 0330 123 9480.

New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bbc.in/4guXgXd Newscast brings you daily analysis of the latest political news stories from the BBC. The presenter was Adam Fleming. It was made by Jack Maclaren with Jem Westgate. The social producer was Gabriel Purcell-Davis . The technical producer was . The assistant editor is Chris Gray. The senior news editor is Sam Bonham.

Clips

Transcript preview

First 90 seconds
  1. Adam Fleming· Host0:00

    Hello. I've just got home after recording our regular Thursday night Newscast, which is broadcast on BBC One after Question Time, where me and Chris look back at the week that was and work out what we've learned with friends of the podcast. But it's just hit me that it wasn't really a look back at what's happened this week, it's more a look forward to what's gonna happen next week and the week after that in politics and the economy. And yeah, it just hit me that it wasn't really [laughs] what we normally do. So let me know what you think when you listen to this episode of Newscast.

  2. Chris Mason· Host0:29

    Newscast.

  3. Keir Starmer· Soundbite0:31

    Newscast from the BBC. Humanity's next great voyage begins.

  4. Adam Fleming· Host0:35

    We are in the midst of a rupture. Nostalgia will not bring back the old order.

  5. Faisal Islam0:40

    6-7.

  6. Keir Starmer· Soundbite0:40

    6-7.

  7. Faisal Islam0:41

    Yeah.

  8. Keir Starmer· Soundbite0:42

    It's supposed to be me as a doctor.

  9. Faisal Islam0:43

    That he has, has also a special connotation.

  10. Speaker 40:46

    Ooh la la.

  11. Adam Fleming· Host0:46

    Thinking about it like a panto helped.

  12. Keir Starmer· Soundbite0:49

    [laughs] Do we play music now or what do we do?

  13. Adam Fleming· Host0:50

    Hello, it's Adam in the Newscast studio.

  14. Chris Mason· Host0:52

    What's up, Dark Adam? Uh, it's Chris in the Newscast studio.

  15. Faisal Islam0:55

    And it's Farsal in the Newscast studio.

  16. Adam Fleming· Host0:57

    And we're joined by Alva Rey, who's political editor of the New Statesman. Hello, Alva.

  17. Ailbhe Rea· Guest1:01

    Hello. Thanks for having me.

  18. Adam Fleming· Host1:02

    And we sh- well, thanks for coming. And I should just explain, Chris's reference there to Bugs Bunny is that he and I were on a quiz on Radio 2 with Paddy McGuinness on Sunday morning, and one of the questions to me, which I did not get right, was, what was Bugs Bunny's catchphrase?

  19. Chris Mason· Host1:14

    And the reason I feel that I can tease Adam is that Adam won and I lost, actually. [laughs] So therefore- Yeah, but only on a tie. It was on a tie, where we had to guess whether Paddy had his left or his right hand up, and I managed to get that wrong twice.

  20. Adam Fleming· Host1:27

    Okay. Anyway, this is not a Paddy McGuinness Radio 2

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