About this episode
Soaring interest rates are alarming mortgage holders and could derail the UK government’s strategy for re-election. This week Lucy Fisher is joined by regular FT panellists Stephen Bush and George Parker to assess the political fallout from the latest rate rise. Plus the FT’s economics editor Chris Giles considers whether the Bank of England deserves criticism, while consumer editor Claer Barrett assesses the damage to Britons’ finances.
Follow Lucy on Twitter @LOS_Fisher
Read a transcript of this episode on FT.com
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Central banks’ battle with inflation enters new phase of ‘pain’
Ever tougher for Tories and Bank of England to avoid public blame in meme age
The Bank of England’s credibility is still on the line
Sign up for 90 free days of Stephen Bush's Inside Politics newsletter, winner of the World Association of News Publishers 2023 ‘Best Newsletter’ award:
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Listen to Claer Barrett’s Money Clinic podcast, out on June 27:
Money Clinic with Claer Barrett | Financial Times
Claer Barrett’s book: What they don’t teach you about money
Presented by Lucy Fisher. Produced by Anna Dedhar and Audrey Tinline. The executive producer is Manuela Saragosa. Audio mix and original music by Breen Turner. The FT’s head of audio is Cheryl Brumley.
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