The Briefing Room

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David Aaronovitch presents in-depth explainers on big issues in the news.

David Aaronovitch and a panel of experts and insiders present in-depth explainers on big issues in the news.

David Aaronovitch and a panel of experts and insiders present in-depth explainers on big issues in the news

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The Briefing Room: Turmoil on the markets

29/09/2022

Turmoil on the markets

BBC Radio 4 - The Briefing Room, Turmoil on the markets

What's just happened to the British economy, and what might come next?

The financial markets have been in turmoil since the chancellor, Kwasi Kwarteng, unveiled a big package of economic measures last Friday. Traders responded to the prospect of major tax cuts by selling the pound. The Bank of England then had to intervene to protect the UK's pension system.

What exactly is causing the financial instability and what might that mean for the British economy over the next few years?

Joining David Aaronovitch in The Briefing Room are:
Dharshini David, BBC Economics Correspondent.
Toby Nangle, Economics commentator and former asset fund manager.
Martin Weale, Professor of Economics at King’s College, London.
Chris Giles, Economics Editor of the Financial Times.
Stephanie Flanders, Senior Executive Editor for Economics at Bloomberg.

Producers: Octavia Woodward, Daniel Gordon and Simon Watts
Editor: Richard Vadon
Sound Engineer: Neil Churchill
Production Co-ordinators: Siobhan Reed and Helena Warwick-Cross 

PHOTO:  The Bank of England (Getty Images)

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