The Bottom Line

How the oil industry works

The Bottom Line

Show Notes

What does it take to drill oil out of the ground and then refine it into petrol, jet fuel or other petrochemical products? The world currently uses about a hundred million barrels of oil a day. However, the daily flow has been affected by the closure of the Strait of Hormuz. A fifth of the global supply normally passes through the waterway in tanker ships, but it's been blocked since the end of February 2026. How has the industry adapted? Guests: Nick Bone, Fuels Industry UK Luke Johnson, Director of OPC Edward Hayden-Briffet from Onyx Capital Presenter: Evan Davis Producers: Sally Abrahams & Nick Holland Sound: Dave O'Neill & James Piper Production Coordinator: Katie Morrisson Editor: Sam Bonham

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Oct 23, 2026

'Good economic growth in every postcode' is the ambitious slogan being used by the prime minister, Andy Burnham. His big idea is to devolve decision making and spending powers away from Westminster so towns and cities can, in his words “do more, and in doing more build a new economy.” He’s also talked of re-industrialisation. Previous governments have talked of northern powerhouses, and levelling-up. There has been some success notably in Greater Manchester, but when it comes to the imbalanced economic geography of the UK, despite all that talk, little has changed. Overall productivity across the North of England is still lower than in London and the South East. It’s argued that for too long there’s been underinvestment, regional inequality and a lack of opportunity for many communities. If Andy Burnham marks a renaissance for regeneration, then what’s the plan? How do you get good growth in every postcode in the North of England? Evan Davis looks for answers by speaking to business leaders representing less well-connected parts of the region. Guests: Susan Hinchcliffe: Former Labour leader of Bradford Council Finbarr Dowling: Chairman of The Humber Freeport Henri Murison: Chief Executive at The Northern Powerhouse Partnership Dave Fishwick: Entrepreneur and Founder of Burnley Savings and Loans Presenter: Evan Davis Producers: Nick Holland & Sally Abrahams Sound: Dave O'Neill & James Beard Production Coordinator: Kate Morrison Editor: Matt Willis

Oct 15, 2026

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Oct 8, 2026

What is going wrong with the largest economy in Europe? It accounts for roughly one-third of the continent's total manufacturing output but since 2020 there's been very little growth. Some people suggest the problems facing the country have been brewing for decades. It's argued Germany has been slow to adapt to modern ways of doing business and hasn't kept up with industrial competition from abroad. Evan Davis is joined by a panel of experts to understand how much trouble the German economy is in, why it's struggling and what it can do to revive itself. Guests: Verena Pausder: Chair of the German Start-Up Association Nicola Pinder: Business expansion consultant for the German state of Baden-Wurttemberg Marcel Fratzscher: President of the German Institute for Economic Research Wolfgang Munchau: Journalist and Author of Kaput, The End of the German Miracle Presenter: Evan Davis Producers: Nick Holland & Sally Abrahams Sound: Dave O'Neill & Donald MacDonald Production Coordinator: Katie Morrison Editor: Matt Willis

Oct 1, 2026

If there’s one business that’s ingrained in popular culture, you could argue it's the buying and selling of antiques. You only have to count the number of TV shows where people find and flog something hoping for a profit to recognise the appeal. But how does the business really operate? Is it accurately portrayed on television and how do antiques come up for sale in the first place? Evan Davis is joined by a panel of experts to get some answers and asks whether anything we manufacture today will last long enough to be auctioned off in a hundred years-time. Guests: Catherine Southon: Catherine Southon Auctioneers and Valuers, TV expert on Flog It!, Bargain Hunt and Antiques Road Trip Mark Hill: Dealer, Author, Lecturer and TV expert on Antiques Road Show and Antiques Road Trip Conor Hannah: Founder of SellingAntiques.co.uk Presenter: Evan Davis Producers: Nick Holland & Sally Abrahams Sound: Dave O'Neill & Neil Churchill Production Coordinator: Katie Morrison Editor Matt Willis

Sep 24, 2026

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