Robert Walpole rescued Britain’s economy – and pulled himself up with it
FT Podcast The Story of Money
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The financial crash that created Britain’s first prime minister
The rise and fall of the South Sea Company
Our podcast on markets, the economy and business. This week, Britain’s new prime minister and chancellor have a mountain to climb
Plus: Can ‘Brand Burnham’ survive contact with No 10?
Successive governments have failed to rebuild fiscal buffers between increasingly frequent global crises
The U.K. keeps swapping leaders. Its real problem is a state that promises far more than it can pay for.
A credible government could borrow more without spooking the market if it also crossed political red lines to make genuine…
