Falling pound, the Queen’s funeral and is 0.5 on the Richter scale a big number?
How much are our taxes really being cut after the ‘mini-budget’ – and how worried should we be about the steep falls in the pound?
The value of the pound against other currencies has been incredibly volatile ever since the Chancellor’s ‘mini-budget’. We ask how much we should worry and look at how much taxes will really fall. Also did 4.1 billion people really watch the Queen’s funeral? Gas prices are falling – so why aren’t energy bills? There are early signs that new covid variants could cause another spike in cases over the winter. And with the government lifting a moratorium on fracking, we ask how seismic a number the current limit of 0.5 on the Richter scale actually is.
Presenter: Tim Harford
Series Producer: Jon Bithrey
Reporters: Charlotte McDonald, Nathan Gower
Production Coordinator: Jacqui Johnson
Sound Engineer: James Beard
Podcast
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More or Less: Behind the Stats
Tim Harford investigates numbers in the news: are they always reliable?