Robert Peston

speaker

5,884 appearances 45 recordings 5 series first heard Nov 2025 last heard yesterday

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 — 45 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

So, you know, it's an enormous bill. matched

And I you know I am matched

Reminded the matched

Uh of a moment uh before Andy Burnham became Leader of the Laby and Prime Minister, a moment where matched

He actually came quite close to blowing up his chances. matched

Because do you remember when he said he was not going to be dictated to by the bond market? matched

Uh uh implied that he was n not as committed to fiscal to the fiscal rules um as the the then government of of Starmer and Reeves were. matched

Um and he came under a lot matched

Well, you know, it's not long into his time in office, and the th the the awful truth is he is being dictated to by the bond market, by lenders to the UK. matched

Yeah. matched

We've said that most of the problem of soaring interest rates stem matched

From the impetuous behavior of the American president Donald Trump. matched

And, you know, it is the the fundamental cause of the mess we're in now is Trump's decision to go to war in Iran. matched

But the Prime Minister, I hope, has taken on board that certainly in the early days of this four. matched

fall in government debt prices, the hit to the UK was worse. matched

than the hit to other uh th than the the debt of other countries. matched

I mean the government keeps saying almost implying it's unfair because they keep saying, well we've got plans, plans they actually inherited from Rachel Reeves to reduce borrowing faster than in other countries, what's called debt consolidation. matched

Well, yes, that is true. matched

But what the markets have matched

When uh the Prime Minister gave his first speech to Parliament, they heard him talking about big ambitions that will cost an enormous amount of money, whether it is you know more building of council houses, where w whether it's his obsession with taking control of water companies and energy companies. matched

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