Naomi and Alex look at the week's news, focussing on the market turmoil and pressure on Reeves, Trump's felony conviction, and Farage under increasing pressure from his own members for - WAIT FOR IT! - being too moderate.
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“Trump did this before his 2017 inauguration. He is manipulating markets. Causing a volatile period with negative movement. He threatens lots of stuff. He then gets sworn in and tones it down. Everything resets and he comes out and claims: Look at Wall Street. Even in my first week everything is going gangbusters.”
"An enormous number of [Reform voters] are aspirationally wealthy, golf-playing, what I would call 'red corduroy trouser guy'. They do not like the working classness of a man like Stephen Yaxley-Lennon. They don't want him invading their club. And I think that's true of Farage.”
“The government needs to pursue a policy of dynamic beneficial alignment with the EU. Most of us do not work for a large corporation that can box and cox around regulatory changes in our largest trading market. Lots of SMEd and sole traders just can't do it.”
“There are unilateral things that gov’t could be doing right now to boost the economy and the reason it’s not is because it’s chicken. They are letting the perceived political price, of being seen to get closer to the EU, dictate policy choice. It is a discredit to them. These lost months, you ain’t getting them back.”
Reform UK trying to introduce a bill - the video is here.
CALL TO ACTION:
Tell your MP to attend the debate on Youth Mobility.
Click here for your Quiet Riot Bluesky Starter Pack. Email us at [email protected]. Or visit our website www.quietriotpod.com.
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With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global.
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43:46
EMERGENCY RIOT: Why are markets jittery?
Alex Andreou talks to top economist Vicky Pryce, to get to the bottom of what is behind market volatility and high gov't borrowing rates, how much of it is inherited, how much of it international, how much down to the gov't, what can be done to fix it, and why it isn't being done.
Much of it not as you might expect.
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“The US Federal Reserve and the Bank of England missed a trick. The confidence of central banks was impacted quite badly when they were seen to be too slow in moving rates up, so now they’re being a little bit too cautious about moving rates down.”
“There is a serious issue. Right now in most countries there’s fiscal retrenchment [gov’t measures to reduce debt]. With tight monetary policy too, you’re almost stuck with low growth.”
USEFUL READING
Vicky Pryce's blog on inflation is here.
The FT's round-up of analyst views is here.
Find us on Facebook and Twitter as @quietriotpod and on Bluesky. Click here for your Quiet Riot Bluesky Starter Pack. Email us at [email protected]. Or visit our website www.quietriotpod.com.
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With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global.
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30:25
Musk is grooming Europe for Trump 2.0
Alex Andreou, Naomi Smith with special guest Dame Emily Thornberry try to decipher the incoherent tweets of Musk, the incoherent strategy of Badenoch, and the incoherent ramblings of Trump. Plus 'Wokey Dokey' and 'Grin and Share It'.
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"The idea that they can just play political games on the bodies of these girls, whose lives would have been turned upside down by what happened, to have it all raked over again and again for petty point scoring. The stakes for the victims are very high.”
“The next few years is going to be all about realignment on the right. Who's going to eat whom? In our current system there's only really space for two big political parties.”
“I don't really know what's happened to the leadership of the Tory Party. They have so profoundly lost their way.”
"The one thing we should take very seriously about Donald Trump is that he is completely unpredictable. It's like the whole table has been thrown over and we're picking up the pieces trying to see how to put it back together."
"The way forward is essentially to work out what are his interests and how to align what's in our interest with it. On Ukraine, Trump doesn't want to be seen as a loser. He wants to win the Nobel Peace prize. We can be there saying, here is a way to do that, just sign your name and have your photo taken."
GRIN AND SHARE IT
You can read the story of Bear, the hero dog, on the BBC website.
CALLS TO ACTION LINKS:
Find out how to write to your MP here.
Details of how to contribute to the Foreign Affairs Committee inquiry on Soft Power.
Find us on Facebook and Twitter as @quietriotpod and on Bluesky. Click here for your Quiet Riot Bluesky Starter Pack. Email us at [email protected]. Or visit our website www.quietriotpod.com.
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With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global.
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56:13
Midnight Mass: A Line Has Been Crossed
Naomi and Alex give their instant reaction to the rapidly spiralling Musk breakdown, Starmer's strong response, the Tory Party's weak response - and Justin Trudeau's resignation.
"One thing that UK gov't could do straight away, is to move all of its departments and ministries off X. What are they still doing there? What are official gov't accounts still doing on X, while the PM is saying that it is now a site dedicated to disinformation?"
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Stephen Bush's FT article on calls for an inquiry into grooming gangs.
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With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global.
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28:23
Sunday School - Musk hearts Tommy; Nigel, not so much.
In the words of Jon Snow, "winter is coming". Naomi and Alex look at the cold winds blowing in from the East, as Ukraine cuts Europe off its Putin habit, from the West, as Musk goes too far right even for Farage's taste, and from the South, where Suella Braverman can be found admiring the Italy-Turkey border.
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Statista's monthly figures on boat crossings.
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With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global.
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South Africa