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

And ever pretty much every economist you talk if you if you want to get a unanimous view from economists, they will say the triple lock is unaffordable. matched

But because it's about it's perceived to be about matched

You know, uh decreasing the rate of increase of earnings of pensioners and pensioners vote. matched

No politician is prepared to stand up uh and publicly commit to reforming the triple lock. matched

Uh he said on our podcast that was vital. matched

He repeated it just a few days ago. matched

That sounded to most people like he was criticizing Andy Burnham, and I think that is indeed what he was doing. matched

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

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