The Economy: 14. Bankruptcy and insolvency
What does it mean to go bankrupt? Though painful, is it always bad for the economy?
The cost of living crisis is putting more pressure on more people - but what happens when that pressure becomes too much, and is bankruptcy always a bad thing? Professor Diane Coyle explains the processes and wider economic impact of bankruptcy, and Dr Victoria Bateman takes us back to the very beginning of the idea in the time of Henry VIII.
Everything you need to know about the economy and what it means for you. This podcast will cut through the jargon to bring you clarity and ensure you finally understand all those complicated terms and phrases you hear on the news such as Inflation, GDP, National Debt, energy markets and more. We鈥檒l ensure you understand what鈥檚 going on today, why your shopping is getting more expensive or why your pay doesn鈥檛 cover your bills.
Guest: Professor Diane Coyle, the Bennett Professor of Public Policy at the University of Cambridge.
Producer: Louise Clarke-Rowbotham
Researcher: Beth Ashmead-Latham
Technical Producer: Nicky Edwards
Editor: Clare Fordham
Theme music: Don鈥檛 Fret, Beats Fresh Music
A 大象传媒 Long Form Audio Production for 大象传媒 Radio 4
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