This week, host Merryn Somerset Webb and senior reporter John Stepek examine the policy signals coming out of the Labour Party conference—and what they could mean for your finances. They break down why a standalone wealth tax looks unlikely, the risks of lowering the VAT threshold for small businesses, and the political realities shaping pension reform. Plus, they consider whether proposals to tackle youth unemployment could shift the debate on work and welfare.

This week, host Merryn Somerset Webb and senior reporter John Stepek examine the policy signals coming out of the Labour Party conference&mdash;and what they could mean for your finances. They break down why a standalone wealth tax looks unlikely, the risks of lowering the VAT threshold for small businesses, and the political realities shaping pension reform. Plus, they consider whether proposals to tackle youth unemployment could shift the debate on work and welfare.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money

What Labour’s Tax Talk Really Means for Your Money

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f6dd760f-a4ba-44b8-b3bb-b369008893be/transcript

Merryn Somerset Webb talks to Daniel Doll-Steinberg, Co-Founder & Partner at EdenBase, an investment firm that invests in quantum computing, about why the next great technological leap may arrive sooner than investors expect. They explore how quantum could transform drug discovery, finance and encryption. They also look at how investors can get meaningful exposure to the quantum boom, what “Q-Day” really means for Bitcoin, and why understanding philosophy goes hand-in-hand with understanding quantum. 

Merryn Somerset Webb talks to Daniel Doll-Steinberg, Co-Founder &amp; Partner at EdenBase, an investment firm that invests in quantum computing, about why the next great technological leap may arrive sooner than investors expect. They explore how quantum could transform drug discovery, finance and encryption. They also look at how investors can get meaningful exposure to the quantum boom, what &ldquo;Q-Day&rdquo; really means for Bitcoin, and why understanding philosophy goes hand-in-hand with understanding quantum.&nbsp;

What Happens When Quantum Computing Actually Works?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cc2a6e70-e468-4bae-90f0-b4ae008d34be/transcript

Hosts Merryn Somerset Webb and John Stepek are both back from their holidays and this week unpack the surge in global bond yields and how governments might respond. They also look at a study which suggested that Small Language Models (SLM) could make today’s vast AI data-centre buildout unnecessary, posing a substantial risk to hyperscalers and investors.

https://arxiv.org/abs/2511.07885

Hosts Merryn Somerset Webb and John Stepek are both back from their holidays and this week unpack the surge in global bond yields and how governments might respond. They also look at a study which suggested that Small Language Models (SLM) could make today&rsquo;s vast AI data-centre buildout unnecessary, posing a substantial risk to hyperscalers and investors. <a href="https://arxiv.org/abs/2511.07885">https://arxiv.org/abs/2511.07885</a>

Markets Wrap: Higher Yields, Higher Gold

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cdfaba7a-8242-45fe-9914-b4ad009e16a4/transcript

Joining Merryn Somerset Webb for this week's episode is Duncan Lamont, Head of Strategic Research at Schroders. Lamont explains how investors can protect their portfolios against stagflation, and how to avoid being too exposed to the AI trade. He also explains why all-time highs might not actually be a sell signal for investors - and how AI-driven job losses might affect US stocks.

https://www.schroders.com/en-us/us/institutional/insights/adapting-asset-allocation-to-the-risk-of-stagflation/ 

Joining Merryn Somerset Webb for this week's episode is Duncan Lamont, Head of Strategic Research at Schroders. Lamont explains how investors can protect their portfolios against stagflation, and how to avoid being too exposed to the AI trade. He also explains why all-time highs might not actually be a sell signal for investors - and how AI-driven job losses might affect US stocks. <a href="https://www.schroders.com/en-us/us/institutional/insights/adapting-asset-allocation-to-the-risk-of-stagflation/">https://www.schroders.com/en-us/us/institutional/insights/adapting-asset-allocation-to-the-risk-of-stagflation/</a>&nbsp;

What it Takes to Build a Stagflation-proof Portfolio

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/626638a0-a9d2-4f6b-a884-b4a600e389bf/transcript

What Labour’s Tax Talk Really Means for Your Money

In 1 playlist(s)

Merryn Talks Money

Social links

Follow podcast

Recent clips