The Rest Is Money

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245. The TACO president - Why Trump Always Chickens Out Jan 22, 2026

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What is it that makes Trump back down? Why is Mark Carney, a former governor of the Bank of England, one of the only ones standing up to him? How strong is the EU’s hand in all of this? And why is the UK’s dependency on the US about more than trade?

Steph and Robert look at what the latest Trump chaos means for the global economy and why “Britain is America’s lunch” right now.

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244. Why Lord Frost wants a Thatcher revival Jan 19, 2026

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Does the negotiator of Britain’s exit from the EU accept Brexit has failed? What in Liz Truss’s disastrous mini budget does he still endorse? What are his plans to revive the think tank that gave us Thatcherism?

In this episode, Steph and Robert sit down with Lord David Frost - the Brexit negotiator turned head of the Institute of Economic Affairs. They examine whether his climate “realism” is in fact climate denialism and his arguments that the British state has grown too big, too intrusive, and too expensive

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243. Identity crisis: why the government can't make up its mind about Digital IDs Jan 15, 2026

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Are the u-turns on ID cards and business rates bad for the economy? Can the Northern Powerhouse Rail deliver what it’s promising? And why is Donald Trump strong-arming banks and oil companies in a way that looks more like old-fashioned state socialism than free-market capitalism?

Steph and Robert examine Labour’s modernisation agenda and ask whether Donald Trump has swapped free-market economics for a “Banana Republic” style economy.

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242. Ignore the doomsayers - the UK is innovating Jan 12, 2026

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Why is Britain’s innovation economy is the strongest in Europe? What can the government do to strengthen it further? And can the UK outperform even America and China?

Steph and Robert sit down with 'professional optimist' Saul Klein, Co-Founder & Executive Chair of Phoenix Court and venture capital investor, who explains why the foundations of new UK enterprise are stronger than at any time since the late 19th century

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241. Greenland’s magnetic attraction: why Trump wants it all for himself Jan 08, 2026

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Why is the Trump land grab as much about the economic war with China as it is about defence? How is his obsession with Greenland linked to magnets vital to energy, missiles and communication? And why are the PayPal mafia in lead roles?

Steph and Robert assess Trump’s empire building and whether Kier Starmer has finally discovered how to be cheerful about the economy

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240. Levelling Up 2.0: What Actually Works for Regional Growth? Jan 05, 2026

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Why is Slough twice as productive as Mansfield? What’s the secret to reviving the economy in the North? Can we save the high street in 2026?

Steph and Robert speak to Andrew Carter, CEO of Centre For Cities, a leading think tank focussed on how to improve the performance of our towns and cities.

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239. 2026 Predictions: a bubble bursts, Starmer’s only hope & Trump’s vulnerability Jan 01, 2026

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Will Starmer survive? Who will win the economic war between China and America? Is 2026 when hope returns to Britain?

Robert and Steph weigh up 2025 economic results and make some predictions for the year ahead.

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238. How to prepare the UK workforce when 3 million jobs are at risk Dec 29, 2025

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How much should school education be about workplace skills and how much about knowledge? Should businesses be more involved in education? Is the assessment of education all wrong? And should learning and qualifications be encouraged at all ages?

With up to 3 million UK jobs at risk over the next decade according to the National Foundation for Educational Research, Steph talks to their CEO Carole Willis, alongside Will Bridgman MD of engineering firm Warren Services who have built a skills pipeline in their local community and Amjad Ali who helps run 21 schools as part of Chiltern Learning Trust.

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237. The extraordinary story of Britain’s first tech titan Dec 25, 2025

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Who was Mike Lynch and how did his tech companies make him a billionaire? How did he avoid prison in an American fraud trial when he’d only given himself a 0.4% chance of winning the case? Why did his tragic death spark conspiracy theories around the world?

Katie Prescott, technology business editor at The Times, joins Robert and Steph to discuss the extraordinary life and death of a British tech billionaire, on whom she’s based her latest book: The Curious Case of Mike Lynch.

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236. What M&S can teach Starmer (Part 2) Dec 22, 2025

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How Chairman Archie Norman and CEO Stuart Machin are turning round one of the UK’s oldest and most iconic businesses, and how the government should watch and learn from it. If M&S can be great again, so can Britain.

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