Political Thinking with Nick Robinson
Mar 13, 2026 · 40 min · 22 segments
Andrew Griffith on why government sometimes has to say 'no' and why Rupert Murdoch was the "best boss". The Shadow Business Secretary was once the youngest Chief Financial Officer of any major…
Nick RobinsonHost
Do you feel we're at a moment when businesses, households are beginning to say, "Wow, this, this war's about to hit us"?
Yeah, I do think that, that that is the motion that people have this, uh, week.
Um, I mean, look, they felt fragile for a while, in fairness, and, and I'm not gonna say everything was about the 5th of July, 2024, but clearly, you know, that has made things, from a business perspective, quite a lot worse.
For those who don't memorize the date of a general election, the 5th of July is, is of course the general election.
How much is the war now making people, because of that list of reasons I gave in the introduction, nervy, and how nervy are you?
Uh, well, it's look, it's making that cacophony of different headwinds for business even louder, Nick.
It's can you get hold of raw materials, and of course raw materials themselves have a lot of embedded energy costs, uh, within them.
It hasn't balanced the books for actually a very long time in, in government.
So you throw any extra shocks into that, it happened with COVID, it happened with Ukraine, it's happening again now.
That's just not good for ordinary folks sitting at home, you know, thinking, "Am I gonna get better off over the next year?"
And does this feel to you like a moment comparable with COVID, comparable with the invasion of Ukraine, when government has to do big things to intervene to protect households, to protect businesses?
Do you feel we're at a moment when businesses, households are beginning to say, "Wow, this, this war's about to hit us"?
Yeah, I do think that, that that is the motion that people have this, uh, week.
Um, I mean, look, they felt fragile for a while, in fairness, and, and I'm not gonna say everything was about the 5th of July, 2024, but clearly, you know, that has made things, from a business perspective, quite a lot worse.
For those who don't memorize the date of a general election, the 5th of July is, is of course the general election.
How much is the war now making people, because of that list of reasons I gave in the introduction, nervy, and how nervy are you?
Uh, well, it's look, it's making that cacophony of different headwinds for business even louder, Nick.
It's can you get hold of raw materials, and of course raw materials themselves have a lot of embedded energy costs, uh, within them.
It hasn't balanced the books for actually a very long time in, in government.
So you throw any extra shocks into that, it happened with COVID, it happened with Ukraine, it's happening again now.
That's just not good for ordinary folks sitting at home, you know, thinking, "Am I gonna get better off over the next year?"
And does this feel to you like a moment comparable with COVID, comparable with the invasion of Ukraine, when government has to do big things to intervene to protect households, to protect businesses?
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