Latest / Best of Business / Enda Brady: UK correspondent ahead of Chancellor John Healey presenting UK 2026 Budget
Transcript
- 0:09Speaker 1: You're listening to a podcast from Newstalk ZB.
- 0:12Speaker 2: Follow this and our wide range of podcasts now on iHeartRadio.
- 0:16Speaker 3: Enda Brady, UK Correspondence with us. Hello, Enda.
- 0:20Speaker 1: Hello, Heather. Thanks for having me again.
- 0:21Speaker 3: Right, so do you think the budget tomorrow is going
- 0:23Speaker 3: to be grim?
- 0:25Speaker 1: Yes, I think it's going to be a very difficult
- 0:28Speaker 1: budget because there's no money left here. He needs to
- 0:31Speaker 1: find savings. The only little kind of trinket or giveaway
- 0:35Speaker 1: that we've heard in the morning's papers is that the
- 0:37Speaker 1: minimum wage for young people apparently is going up by 4%.
- 0:42Speaker 1: So that's great news if you're a young worker. It
- 0:45Speaker 1: will rise to $ 26 an hour. Business won't be happy
- 0:49Speaker 1: about that because, of course, they've got to fund it.
- 0:52Speaker 1: And they are saying that we've got 1 million young
- 0:54Speaker 1: people not in education, employment or training. And this is
- 0:58Speaker 1: not really going to sway business into giving them jobs anymore.
- 1:01Speaker 1: So it's going to be a very, very difficult budget.
- 1:04Speaker 1: And we are in for a long, bleak, hard winter.
- 1:07Speaker 3: Yeah, it does sound very much like that.
- 1:09Speaker 2: Now, listen, what's going on with Oxford Street? So it's
- 1:12Speaker 2: supposed to be pedestrians only, isn't it, in a part?
- 1:15Speaker 3: Yes.
- 1:16Speaker 1: So one kilometre of Oxford Street is now pedestrian. And
- 1:21Speaker 1: this is the brainchild of Sadiq Khan, mayor of London.
- 1:24Speaker 1: He's looked at other cities that have done this, particularly Barcelona.
- 1:28Speaker 1: And the idea is that, you know, Oxford Street is
- 1:30Speaker 1: the best of the West End in London. All the
- 1:33Speaker 1: big name shops and bars and restaurants. And the experience
- 1:37Speaker 1: was being spoiled by buses and fumes and traffic and
- 1:41Speaker 1: all the belching congestion. So for one kilometre, it is
- 1:44Speaker 1: now pedestrian only. However, last night was the first night
- 1:48Speaker 1: of it. And predictably, the only people who did not
- 1:52Speaker 1: abide by the law, cyclists. Predictably so. predominantly male cyclists
- 1:58Speaker 1: who decided that they would just be allowed to ride
- 2:00Speaker 1: their bikes anyway. And the pedestrians just meant, oh, pedestrians
- 2:04Speaker 1: and cyclists.
- 2:05Speaker 3: It doesn't.
- 2:06Speaker 1: You are not special cyclists. Get off the bike and walk.
- 2:09Speaker 1: So cops out in force last night.
- 2:13Speaker 3: Yeah.
- 2:13Speaker 1: I mean, you could have predicted this, but there we are. Yeah.
- 2:16Speaker 3: Somehow they do not feel that they have wheels. It's
- 2:18Speaker 3: quite a strange thing.
- 2:19Speaker 2: Now, listen, I was quite alarmed on your behalf by
- 2:22Speaker 2: Streeting telling you guys you have a thousand days to
- 2:24Speaker 2: prepare for war.
- 2:25Speaker 3: How'd that go down with you?
- 2:27Speaker 1: So a lot of people panicked and the results this
- 2:30Speaker 1: morning in the newspapers, many supermarkets are running low on
- 2:34Speaker 1: bottled water, canned beans and batteries because a lot of
- 2:39Speaker 1: people didn't even listen to Streeting. And then others went
- 2:42Speaker 1: to the extreme and thought, oh, my God, we don't
- 2:44Speaker 1: have these items. Let's go buy them. My wife proudly
- 2:47Speaker 1: informed me yesterday that we are now going to receive
- 2:50Speaker 1: in the post tomorrow a wind-up radio.
- 2:53Speaker 3: Yes, good.
- 2:54Speaker 1: Which it's a very, very good thing to have. I
- 2:56Speaker 1: didn't know we would ever need one, but it's arriving
- 2:59Speaker 1: here tomorrow. I think a lot of families who listened
- 3:03Speaker 1: to Streeting thought, right, we need to be serious about this.
- 3:06Speaker 1: For anyone who didn't see the story, he is the
- 3:08Speaker 1: Defence Secretary and he said, get ready. And he spoke
- 3:12Speaker 1: about climate change, hybrid warfare, Russia... hacking attacks and basically said,
- 3:19Speaker 1: you know, have enough food in your house for three
- 3:21Speaker 1: full days, have liters and liters of water to drink,
- 3:25Speaker 1: to wash, to cook with, have battery supplies. And he
- 3:29Speaker 1: even went as far as saying, do you have written
- 3:32Speaker 1: down telephone numbers for your closest, nearest and dearest? And
- 3:37Speaker 1: I thought about this and I actually don't remember off
- 3:40Speaker 1: by heart my dad's mobile number in Ireland. So yeah,
- 3:43Speaker 1: he made very, very good points. A lot of people
- 3:47Speaker 1: didn't listen and others just went hell for leather and
- 3:49Speaker 1: started buying up tins and cans and bottles and batteries.
- 3:52Speaker 3: In a way, it's good that everybody didn't listen then.
- 3:54Speaker 2: And when they do listen, there'll be some supplies again.
- 3:56Speaker 3: Enda, thanks very much, mate. Enda Brady, UK correspondent.