Robert Peston

speaker

5,697 appearances 44 recordings 5 series first heard Nov 2025 last heard 3d 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.

Appearances

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The Rest Is Money · 311. Why is the US debt crisis a big problem for Burnham? · 6 Sep 2026 podcast

He also, like many economists, matched

believe that the rising bill for disability payments uh and incapacity payments uh to people that that is rising too fast and there also has to be reform there and he's all he's also been saying both on our podcast and since subsequently that he's disappointed with how little the matched

Prime Minister was embracing any of this. matched

I do think there's a really matched

big economic and political point here. matched

Um the thing that I wonder whether Andy Burnham is focusing on is matched

What the extraordinary economic benefits that would flow to him or flow to the UK and the extraordinary political benefits that would flow to him as Prime Minister if he could persuade lenders to the UK that he has a credible path to reduce government borrowing um and get the debt under control. matched

Control. matched

And as a symbolic gesture, the most important thing he could do I I think I get the feeling he's too frightened of doing this at the moment, but we'll see whether that changes. matched

The most important thing he could do would be to on to announce that they were going to reform the triple lock. matched

Just to remind people what triple lock is, it means that in any given year uh the state pension goes up by the minimum of two and a half percent, either CP matched

And if he came up matched

with a plan, maybe just to link it to either inflation or earnings. matched

I mean there are different views around about how you could limit the growth, right? matched

Um but if you could come up with a proposal that limited the growth and there are perfectly good reasons for doing this given that pensioners have done so much better than working people over the last fifteen years, I think this is a story you could tell to the nation. matched

The political benefit matched

That he would be seen to be taking on a powerful vested interest. matched

People would think, oh, he's he's a bit some people would hate it, he'd get a lot of he'd be attacked, but nonetheless, you know, he would look like a stronger, more confident prime minister. matched

Um and secondly, markets would love it, interest rates would come down, and then it would be much easier for him to fund all the things he wants to fund, you know, investment in transport, investment in council housing, all the growth friendly things. matched

So the thing that's on my mind about the triple lock is is this, right? matched

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