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Simon Rose

The Bigger Picture: The impact of the Iran war, UK defence & the Hungarian election

Simon Rose

Original Broadcast: The Financial Outlook for Personal Investors

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Political commentator Mike Indian says that the Iran war will have a profound and lasting effect upon the UK government. In the short term, it has strengthened the Prime Minister's position, with his "Steady Eddie" persona. But the cost of living will come to the fore, with energy, food, CO2 and fertiliser costs all rising and the possibility of food shortages. The PM has come under attack for delays in defence spending. It is one thing to announce an increase in investment but it is important how the money will be spent. We don't appear to have learnt from the Ukraine invasion about the importance of shortening supply chains. Mike discusses the extraordinary intervention by J D Vance in the Hungarian election. Many European leaders will breathe a sigh of relief at Orban's outing but it is not clear what Magyar is for and how he will use his power.

Guests: Mike Indian

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