130. The Brutal Truth Behind Britain's AI Gamble

Steph and Robert speak to Sir Paul Nurse - Nobel Prize winning biochemist and Director of the Francis Crick Institute - about how science funding needs to change, why the UK is failing to lure global talent, how we scrub up against the other OECD countries in terms of research and development and how - despite being a geneticist - it took him 55 years to discover who his biological parents were. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Alice Horrell, Evan Green Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

The founder of the OBR and now boss of all official statistics Robert Chote explains to Steph and Robert why the UK’s unemployment numbers are so unreliable and why the chancellor should be braver and not obsessively try to meet her fiscal rules at all times. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: https://opinion.askattest.com/EWJ34 Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Robert and Steph are joined by Peter Kyle, the Science and Tech Secretary of State, to evaluate whether the prime minister’s plan to turn the UK into an AI world leader, while simultaneously modernising public services and making us richer, has any chance of succeeding. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: https://opinion.askattest.com/EWJ34 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Steph and Robert are joined by Dr Gerard Lyons, an influential economist and Bank of China board member, to discuss whether Rachel Reeves is wise to ask China to invest in the UK, whether the Chancellor will need to come back for more tax rises later this year and what he really advised Liz Truss to do. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Robert gives us his take on 'Starmer vs Musk' and Steph tells us why she thinks business rates are going to be a big problem this year. There’s also a discussion about misunderstood concepts in economics, first up: GDP. Plus we catch-up on the exciting post Steph and Robert received over Christmas. A clue: it involves a Clinton and a Truss. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Karen Ward, Chief Market Strategist for one of the leading financial institutions in the world, JP Morgan Asset Management, talks to Robert and Steph about how Starmer can restore investors’ confidence, why she worries that the surge in the Magnificent 7 huge tech stocks is over, how AI can make most of us better off and whether Trump will be less radical than his rhetoric. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Hannah Rashbass, Alice Horrell Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Steph and Robert explain why 2025 will be the most important year of our lives, and assess whether it will be a terrible or great year.  It is all about the unraveling of globalization and the proliferation of wars. One word nutshells the world on a fulcrum: Trump. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Becki Hills Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why are so many low income families living in the kind of slum conditions that would have shamed the Victorians? And why are so many of these slums in social and council properties? Robert and Steph look for explanations and solutions, and ask whether Labour’s promise to build 1.5m homes will help, in a conversation with ITV’s award-winning investigations editor Dan Hewitt. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Hannah Rashbass Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Steph and Robert reflect on some of The Rest Is Money’s big insights from 2024, including why governments should focus on improving our happiness rather than our incomes and why Labour’s biggest mistake was to ignore the black hole in the public finances before the election. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Hannah Rashbass Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Robert and Steph answer your questions including whether we are heading inexorably towards another financial crisis and whether the UK might be more prosperous if the National Health Service were privatised. Sign up to our newsletter to get more stories from the world of business and finance. Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhangerpodcasts.com Assistant Producer: India Dunkley, Hannah Rashbass Producer: Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices