The Rest Is Money

If household debt as a percentage of GDP is at its lowest since 2002, why are debt charities seeing record levels of demand? Is this a temporary problem because of the cost of living crisis or about much bigger structural problems in the UK economy? Plus, what is ‘co-erced debt’ and why is it a growing problem?



Steph talks to Vikki Brownridge the CEO of the debt advisory charity StepChange about what’s really going on for the increasing number of people struggling with money. They discuss the challenges of the ‘working poor’ and whether policy changes like the lifting of the two child benefits cap will make any difference.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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How much did Brexit cost the UK? Would rejoining make us much richer? And if US managers are PSG players, are British ones more like Aston Villa’s?

Robert talks to Stanford Professor Nick Bloom about his influential forecast, recently adopted by Rachel Reeves, that quitting the EU made Britain 8% or £240bn poorer than it would otherwise have been.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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How long will Starmer cling on for? Will politicians sucking up to Northerners make any difference to the North South divide? What’s the latest with the Strait of Hormuz and how is it impacting global prices? How is that feeding through to inflation here? Is Miliband right to stop more oil being drilled in the North Sea and what’s his plan to bring down energy bills?

After another week of Mandelson drama, Robert takes us behind the scenes and Steph looks at examples in business where bad vetting has had disastrous consequences. Plus all the latest on the markets.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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Is it fair that only some businesses have access to Anthropic’s super-powerful Mythos AI, given its ability to pierce cyber defences? Will OpenAI go bust? Will Demis Hassabis win the AI wars?

Robert Peston talks to Sebastian Mallaby about his biography of British AI genius Demis Hassabis, The Infinity Machine.

Note: We contacted OpenAI for comment, who told us that 'the article revisits old, widely reported episodes and frames them through selective anecdotes, anonymous claims, and incomplete context. They also said that OpenAI today is a very different company: larger, more mature, more rigorously governed, and operating at global scale.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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Why are one million young people not in education, employment or training? Is the benefits system part of the problem? Are schools out of date? What’s the alternative?  

Steph talks to former health minister Alan Milburn – who is leading a review into NEETS -about the systemic health and structural barriers to work. They discuss the cost to the economy and the alarming stat that if a young person doesn’t get a job by the time they’re 24 they’re unlikely ever to. Fortunately Alan thinks he has the solution.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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