Use BBC.com or the new BBC App to listen to BBC podcasts, Radio 4 and the World Service outside the UK.

Find out how to listen to other BBC stations

Episode details

Radio Scotland,29 Sep 2022,31 mins

Pound, Pounded

Podlitical

Available for over a year

Financial markets remain rattled nearly a week after the Chancellor's 'mini-budget', but Prime Minister Liz Truss and Chancellor Kwasi Kwarteng are sticking to their guns on their economic announcements, saying international pressures have had an impact on its reception. As the Bank of England intervenes by buying bonds, what does the current economic turmoil mean for pensions and mortgages, and what are the knock-on effects for Scotland? As Labour come off a conference high, what does this weekend's Tory conference have in store for the Prime Minister? Mairi Spowage, Director of the Fraser of Allander Institute at the University of Strathclyde joins the team to explain some of the mechanisms behind what's happening.

Programme Website
More episodes