James Cook

It was really interesting to hear your take on it all, as always, on Newscast.

Now, yesterday, Faisal...

We had cake in this... Well, I didn't have any cake because I was hundreds of miles from the cake.

But today we have... Do you know what this is?

This is a Forfer Bridey.

Have you heard of a Forfer Bridey?

OK.

in the east of Scotland, and it's basically a sort of pastry-type thing.

Are we sweet or savoury?

No, no, no, it's savoury.

It has mince, and if you wish, and I do wish, onion in it.

Anyway, I'll tell you what, the price of these four for Fridays, and this is genuinely true, I genuinely thought this today, irrespective of what we're talking about, have gone up a lot over the years, and UK inflation has gone up up to 3.3%.

Yeah.

Why?

Why?

Yes, and some of that, a lot of that's within the control of President Trump, but not all of it, because there's an antagonist on the other side in Iran who have their own way of looking at things.

And indeed, we've had sort of mixed news today because the ceasefire is extended...

But at the same time, Iran has seized, I think, three tankers, Faisal.

So it must be very difficult for economists day to day to try to figure out what's going to happen next.

Is this going to continue to push up inflation?