Susan Hayes Culleton

speaker

3,424 appearances 24 recordings 2 series first heard Nov 2025 last heard 2d ago

Susan Hayes Culleton’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 — 24 in all, peaking in Jul 2026 with 5.

Appearances

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Taking Stock · Gen X working blues, Prediction Markets and Burnham's economic headaches · 24 Jul 2026 podcast

Now, a jump in yield happens because of a fall in price. matched

So this higher yield since the beginning of last year makes Japan the world's worst performing major bond market over that period. matched

Now, in a previous episode, we talked about Takeichi, the new Japanese prime minister. matched

And this is a really big problem that she's facing. matched

And it caught my eye this week since we're seeing the first time the JGB is up this high this century. matched

And I wanted to tell you about it. matched

So watch this space. matched

Now, he's only been in the job for less than a week, but the world is watching to see if Andy Burnham is going to face the UK's economic problems head on. matched

He has identified solving the cost of living crisis as his number one priority, as one might expect. matched

But can he do that alongside attempts to solve underlying structural problems with the economy? matched

I'm delighted to be joined by Chris Blackhurst, an economics commentator with the London Independent. matched

First off, Chris, Britain has not balanced its fiscal budget since the millennium. matched

There's been no real growth in 20 years. matched

And the economics facing Andy Burnham is the same that has faced the last several prime ministers. matched

Why this time do you think it'll be different? matched

Or do you? matched

OK, but if he raises public borrowing, already the interest bill in the UK is bigger than the education budget. matched

And if we were to look at the bond yield or the UK gilt for the next 10 years, that's 5%. matched

So raising public money then means that there's more interest to pay. matched

And sorry to be explaining to people how to suck an egg, but there is very little fiscal room to do that. matched

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