176. Trump’s Tax Cuts: America’s Liz Truss Moment

Why isn’t the government honouring its pledge to transfer more power to mayors? Why doesn’t the government do more to attract American talent to the UK? Should the London mayor set rent controls? Robert is joined by Sadiq Khan, the Mayor of London. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠ ⁠⁠⁠⁠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 ⁠https://⁠⁠⁠goalhanger.com⁠⁠⁠⁠ Visit: ⁠⁠⁠⁠https://monzo.com/therestismoney⁠⁠⁠/⁠ 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

Why is there an obesity epidemic? Are “fat jabs” the answer? How culpable are the food multinationals for making and marketing addictive “ultra-formulated” foods? Steph and Robert are joined by US public health expert ex-FDA commissioner, who rolled out COVID vaccines in America, Dr David Kessler. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠ ⁠⁠⁠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 https://⁠⁠⁠goalhanger.com⁠⁠⁠ Visit: ⁠⁠⁠https://monzo.com/therestismoney⁠⁠⁠/ 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

Are Trump’s unfunded tax cuts trashing America’s “exorbitant privilege”? Has Europe stopped being "goodie goodie" and is it at last going for growth? Do Reeves’s fiscal rules hurt her by ramping up damaging speculation? Steph and Robert speak with Karen Ward, Chief Market Strategist for EMEA at J.P. Morgan Asset Management. Visit: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney/⁠⁠ Email: [email protected] X: @TheRestIsMoney Instagram: @TheRestIsMoney TikTok: @RestIsMoney goalhanger.com Video Editor: Teo Ayodeji-Ansell Producers: India Dunkley & Ross Buchanan Head of Content: Tom Whiter Exec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

How do we swap out dirty power for clean power in the UK? Why aren’t politicians more ambitious with green energy policies when it’s cheaper than the fossil fuel alternative? Will China and the rest of the world step forward where America is stepping backwards? Robert and Steph speak to Lord Nick Stern, one of the leading voices on the economic impact of climate change. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠⁠ ⁠⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠⁠ to get more stories from the world of business and finance. Visit: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney/⁠⁠ Email: ⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠goalhanger.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

Why can’t the Bank of England’s rate setters agree on how to tackle inflation? What impact does this have on business? Should tax breaks for savers be scrapped? Steph and Robert discuss all this, plus why Trump’s ‘one big, beautiful’ tax bill is getting ugly. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠⁠ ⁠⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠⁠ to get more stories from the world of business and finance. Visit: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney/⁠⁠ Email: ⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠ X: ⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠goalhanger.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

How much richer will Starmer’s EU reset make us? Why didn’t he negotiate for goods what he agreed for food? And will his energy deal with Brussels help or hurt British manufacturers? Robert and Steph dissect whether Starmer’s EU deal really is a “win win”. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠⁠ ⁠⁠⁠⁠Sign up to our newsletter⁠⁠⁠⁠ to get more stories from the world of business and finance. Visit: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney/⁠ Email: ⁠⁠⁠⁠[email protected]⁠⁠⁠⁠ X: ⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠@TheRestIsMoney⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠@RestIsMoney⁠⁠⁠⁠ ⁠⁠⁠⁠goalhanger.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

Why is Rachel Reeves in a lose-lose situation with UK growth? How can the care sector survive without immigration? How are the world’s biggest retailers responding to Trump’s erratic economic policies? Robert and Steph discuss. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠ ⁠⁠⁠Sign up to our newsletter⁠⁠⁠ to get more stories from the world of business and finance. Visit: ⁠⁠⁠⁠⁠⁠⁠https://monzo.com/therestismoney/ Email: ⁠⁠⁠[email protected]⁠⁠⁠ X: ⁠⁠⁠@TheRestIsMoney⁠⁠⁠ Instagram: ⁠⁠⁠@TheRestIsMoney⁠⁠⁠ TikTok: ⁠⁠⁠@RestIsMoney⁠⁠⁠ ⁠⁠⁠goalhanger.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

Can US Treasury Secretary, Scott Bessent, stop Trump trashing the global economy? Do Starmer’s new immigration controls make any sense? And are we about to see an EU and UK revival? Robert chats this and more with Steph Flanders, Head of Economics and Politics at Bloomberg, and host of the Trumponomics podcast. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠ ⁠⁠⁠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 ⁠⁠⁠goalhanger.com⁠⁠⁠ Visit: https://monzo.com/therestismoney/ 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

Does Trump’s China capitulation mean the tariff war is over? Is the dollar’s safe haven status dead? What does Trump’s coercion of drug companies mean for the NHS? Robert and Steph discuss the latest Trump Turmoil including Qatar’s $400m airplane gift to him. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠ ⁠⁠⁠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 ⁠⁠⁠goalhanger.com⁠⁠⁠ Visit: ⁠⁠https://monzo.com/therestismoney/ 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

What does the Conservative Party have to do to be electable? Does it matter whether Reform has absurd economic plans? And why is so much of today’s politics about immigration? Robert and Steph talk with Rachel Wolf, co-author of Boris Johnson’s 2019 manifesto, about what the centre right needs to do economically to regain public trust. We appreciate your feedback on The Rest Is Money to help make the podcast and our partnerships better: ⁠https://opinion-v2.askattest.com/app/41f5060f-0f52-45bc-bf86-bf3c9793618e?language=ENG⁠ ⁠⁠⁠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 ⁠⁠⁠goalhanger.com⁠⁠⁠ Visit: https://monzo.com/therestismoney/ 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