Robert Peston

So my current view remains what it has been recently, which is interest rates are just going to stay where they are for quite some time rather than being increased or lowered because the picture is just so uncertain.

And it also means that people will not have the negotiating power to demand higher wages, right?

And we've seen a little bit of softening in wage settlements in the latest figure.

So, as I say, it's a very confusing and mixed picture.

Well, that was the point.

In February, before Trump bombed

Iran, the presumption was that interest rates were falling.

This is just another manifestation of how much damage Trump has done to us, right?

A war that we've stayed out of.

But don't fear anyone out there because it turns out that Andy Burnham is Brian.

Or what do I mean?

When I say Brian, I mean the Messiah.

He's going to solve everything.

Maybe after the break, we could explore...

One of the most interesting and intriguing slogans I've ever heard from a politician.

He put out what was, I thought, actually quite a compelling initial campaign video a couple of days ago.

But the punchline is Manchesterism is the end of neoliberalism.

I mean, my God, they're going to be talking about that in the pubs of the Red Wall every night.

from now till the by-election actually takes place.

But we might want to examine after the break what we mean, what he means, certainly by Manchesterism and whether Manchesterism is the solution to all the UK's problems.