Understand: The Economy

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Adam Fleming unpicks some of the key elements of the UK election.

Adam Fleming, host of Newscast and AntiSocial, unpicks some of the key elements of the UK election.

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Understand: The Economy: The Economy: 14. Bankruptcy and insolvency

The Economy: 14. Bankruptcy and insolvency

BBC Radio 4 - Understand, The Economy, The Economy: 14. Bankruptcy and insolvency

How does going bankrupt affect us and the economy?

What does it mean to go bankrupt? Though painful, is it always bad for the economy?

The cost of living crisis is putting more pressure on more people - but what happens when that pressure becomes too much, and is bankruptcy always a bad thing? Professor Diane Coyle explains the processes and wider economic impact of bankruptcy, and Dr Victoria Bateman takes us back to the very beginning of the idea in the time of Henry VIII.  

Everything you need to know about the economy and what it means for you. This podcast will cut through the jargon to bring you clarity and ensure you finally understand all those complicated terms and phrases you hear on the news such as Inflation, GDP, National Debt, energy markets and more.  We’ll ensure you understand what’s going on today, why your shopping is getting more expensive or why your pay doesn’t cover your bills.


Guest: Professor Diane Coyle, the Bennett Professor of Public Policy at the University of Cambridge.
Producer: Louise Clarke-Rowbotham
Researcher: Beth Ashmead-Latham
Technical Producer: Nicky Edwards
Editor: Clare Fordham
Theme music: Don’t Fret, Beats Fresh Music

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Factual: Money

Tim Harford cuts through the jargon of the economic terms and ideas dominating the news.

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The Economy: 14. Bankruptcy and insolvency

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