Mid-term budget: revenue vs expenditure, a delicate balance
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Investec Treasury Economist Tertia Jacobs discusses the urgent need to reduce expenditure when we have a revenue shortfall.
Other recent episodes
S04 Ep31 Energy Market Update: Strait uncertainty fuels volatility in energy markets
Oil prices continue climbing amid stalled US–Iran negotiations, sustaining geopolitical risk premiums critical for UK commodities markets. Uncertainty around the Strait of Hormuz remains unresolved, with no clear timeline for reopening. Please note: this podcast is provided for information purposes only and should not be construed as an offer, or…
S04 Ep30 Energy Market Update: Volatility returns as markets are caught between diplomacy and disruption
Oil markets are volatile as mixed signals from US–Iran diplomacy unsettle sentiment. Prices fell sharply on Friday, with Brent dropping from near $100/bbl to ~$85, after apparent progress on reopening the Strait of Hormuz, but conflicting statements and a tanker attack suggest it remains closed. Please note: this podcast is…
S04 Ep29 Energy Market Update: Fragile calm - Failed Iran talks push oil higher despite ceasefire
US–Iran talks stalled over the weekend, with Washington demanding firm guarantees that Tehran won’t pursue nuclear weapons. While Iran signalled more negotiations may follow, tensions rose after Trump threatened a targeted blockade of the Strait of Hormuz. Oil prices opened higher, though the move reflects fading optimism from last week…
S04 Ep28 Energy Market Update: Calm before the storm? Markets hold steady as Iran deadline looms
Tensions are rising as yet another Trump-imposed deadline on Iran looms, with the Strait of Hormuz at the center of a high-stakes geopolitical standoff. Despite escalating rhetoric and fragile backchannel diplomacy, markets have remained surprisingly calm, even as oil and refined product prices quietly surge beneath the surface. Please note:…
Iran conflict: Economic shock or sustained disruption?
War in the Middle East continues to cost a long shadow over the global economy. Investec experts Callum McPherson, Head of Commodities; Philip Shaw, Chief Economist; and Clive Murray, Head of Equities, share the key updates.