Robert Peston

There is a

They're all social constructs.

That's the point.

Absolutely gripping conversation.

And it's goodbye from me.

Somehow the supermarkets would limit those prices in return for the government waiving certain restrictions.

Having talked to the supermarket bosses, they almost all say this is completely and utterly barking mad.

Andy Burnham is the messiah.

He's going to solve everything.

And this has been a problem with water privatisations, why it should never have been privatised in the first place.

And with me, Robert Peston.

I mean, there's some very interesting ideas that are floating around about what a Burnham...

if that comes to pass, would mean for how you manage the economy.

So I'm going to look at one particular bit of it, which is when he talks about controlling energy, water, our most important public services, utilities.

What does he actually mean by that?

Are we talking about old-fashioned nationalisation and an enormous burden

Bill, you know, billions and billions, well, hundreds, you know, potentially well over a hundred billion of taxpayers' money being used to buy these businesses, or are we talking about something else?

So that's what I'm going to look at.

Yeah, I mean, I don't know if you remember, but...

We talked on this podcast when we saw the astonishing price shock from Putin's war in Ukraine about how other governments around the place were panicking