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the journalism right around this story, but there are also ways of getting the journalism wrong. we re going to look at that. we re also going to hearfrom a man behind a whole raft of scoops. gabriel pogrom from the sunday times will tell us how he lands his stories, and we re going to hear the story of fi glover and jane garvey leaving the bbc for times radio. we ll hear the story according to their agent. but let s begin with the situation with the uk economy. here with me in the media studio is stephanie flanders, head of bloomberg economics, and we re alsojoined by paul lewis, the presenter of radio 4 s money box. both of you, you re very welcome. stephanie, even forsomeone like you who s covered these matters for some time, this is a particularly challenging story to get across. yeah, and i think there s sort of a double challenge. i think the british people have always, through history, kind of struggled to understand the importance of the pound changing value if they r ....
thousands of properties have been destroyed. causeways linking many islands to the mainland have been damaged, cutting off entire communities. now on bbc news, the media show. hello and welcome to the media show. well, as i m sure you ve seen, these are tumultuous times for the uk economy, and this is a story that is as complex as it is important. and there are ways of getting the journalism right around this story, but there are also ways of getting the journalism wrong. we re going to look at that. we re also going to hearfrom a man behind a whole raft of scoops. gabriel pogrom from the sunday times will tell us how he lands his stories, and we re going to hear the story of fi glover and jane garvey leaving the bbc for times radio. we ll hear the story according to their agent. but let s begin with the situation with the uk economy. here with me in the media studio is stephanie flanders, head of bloomberg economics, and we re alsojoined by paul lewis, the presenter of radio ....
hello and welcome to the media show. well, as i m sure you ve seen, these are tumultuous times for the uk economy, and this is a story that is as complex as it is important. and there are ways of getting the journalism right around this story, but there are also ways of getting the journalism wrong. we re going to look at that. we re also going to hearfrom a man behind a whole raft of scoops. gabriel pogrom from the sunday times will tell us how he lands his stories, and we re going to hear the story of fi glover and jane garvey leaving the bbc for times radio. we ll hear the story according to their agent. but let s begin with the situation with the uk economy. here with me in the media studio is stephanie flanders, head of bloomberg economics, and we re alsojoined by paul lewis, the presenter of radio 4 s money box. both of you, you re very welcome. stephanie, even forsomeone like you who s covered these matters for some time, this is a particularly challenging story to get ....
You ve got faisal islam rocking up on the ten o clock news, the six o clock news, world at one, today programme, talking people through and explaining people again and again what a bond is. but it also means doing the arithmetic. i mean, the macro stuff in the budget and indeed in the statement the other day, it goes over most people s heads. they don t really understand why it s important. but if you tell them, you know, you re going to save some tax but it s only going to be around 150 quid a year, then they start listening. if you tell them that, oh, great, stamp duty has been cut if you want to buy a house, then you say, but it s only £2,500 for most people, then they realise that these interventions of the government and maybe not quite so major. and then of course you have people coming on saying, 0h, yeah, but the tax cut at the highest rate that will save somebody on {1,000,000 a year £55,000! and then people start taking notice of that. and i think the arithmetic is ....
And suddenly a story of this complexity and importance lands on them and they re the ones responsible for explaining it? stephanie? i mean, if i go back to my sort of past life as bbc economics editor, i mean, there are those moments during the global financial crisis and other times where, you know. or the bank of england decides. you know, quantitative easing was also pretty difficult to explain, but that is why you have those specialistjobs and you try and do as many explainers as you can, both publicly and indeed internally. you know, we used to as you know we have seminars before the budget to say this is what to look out for , here are the key numbers that you need to look at . i think that is why, you know not to be too kind to the bbc but that is the importance of having those kind of specialist jobs. you ve got faisal islam rocking up on the ten o clock news, the six o clock news, world at one, today programme, talking people through and explaining people again and ....