Robert Peston

speaker

5,697 appearances 44 recordings 5 series first heard Nov 2025 last heard 2d ago

Robert Peston’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 44 in all, peaking in Jun 2026 with 9.

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The Rest Is Money · 312. What's missing from Healey's growth plan? · 9 Sep 2026 podcast

where they've got a controversial decision to make. matched

they so long as they've got a a sort of credible legal case for what they're doing, matched

They don't have to essentially be convinced that the decision that they're making, let's say it's on a on, you know, some planning decision, that it's 100% legally watertight. matched

You know, because there is, you know, there it has been a problem in the UK that, you know, too many ministers have delayed making decisions because they were fearful that they might lose in the courts. matched

And, you know, allegedly the Attorney General. matched

general has just said to ministers you don't have to worry about losing in the courts if the project is one that is gonna make Britain more prosperous. matched

Well that's a great ambition. matched

Let's see whether actually ministers and their officials have the guts to do that. matched

Actually matched

No, neither ministers or officials, in particular officials, uh, you know, uh have enough of a risk appetite. matched

That is certainly true. matched

Uh look, there and and and look, there was something else which is definitely important, which is when it comes to expensive uh government capital projects, they have reduced what's called the discount rate. matched

For assessing whether or not that project represents value for money and should go ahead. matched

They've reduced it from three and a half percent to three percent. matched

Now, the practical impact of that matched

Is that it means that more projects whose returns only come in the long term will be uh will pass the threshold. matched

For being approved. matched

And it is thought that this means, for example, that projects in the north of England, for example, where because of the absence of current infrastructure or enough businesses, all the rest of it, the returns from many projects in the north are regarded as more long-term, and up to now, because of the discount rate, have not been approved. matched

It is thought matched

That this will allow more approval of big investments, you know, in the North Midlands and in the Northeast and North West, and it'll, in a sense, reduce the privileged advantage position of London and the South East, which is great, right? matched

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