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Oil Blocked, Jobs Cut, Costs Up!

Oil Blocked, Jobs Cut, Costs Up!

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Air Date: March 8th, 2026

Hosts: Lord Willie Haughey and Sir Tom Hunter

This is a catch-up version of the weekly, Go Radio Business Show, Sundays from 11am.

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Willie and Tom tackle a week dominated by global upheaval, economic uncertainty, political drama, and major business shake‑ups!

From the escalating crisis in the Strait of Hormuz and its seismic impact on global energy prices, to the UK’s first fiscal statement under Rachel Reeves, the duo dissect what all of this means for growth, jobs, and the future of Scotland’s economy.

The conversation heats up with:

Energy Chaos & the North Sea Debate: The closure of the Strait of Hormuz threatens 20 million barrels of daily oil trade, exposing the UK’s vulnerability. Willie and Tom question why the UK is shutting down North Sea jobs while still importing the same oil elsewhere.

Economic Fallout: A 10% rise in oil prices could spike inflation significantly — and the new fiscal statement may already be outdated. Is UK economic planning now meaningless?

Housing Crisis Reality Check: Ahead of a major housing summit, Willie and Tom call for real solutions — not moans — to unlock growth and address Scotland’s deepening housing emergency.

AI Shockwaves: Jack Dorsey’s company shedding 4,000 jobs and Amazon cutting tens of thousands more prompts urgent discussion about AI’s looming global impact on employment.

Scottish Business News: BrewDog job losses, senior leadership changes at Maven Capital and Robertson Group, and the collapse of long‑standing retailer Pagazzi signal a turbulent landscape for Scottish enterprise.

NHS Rant of the Week: Willie unloads about triage systems, GP access, and why rising NI contributions don’t match lived reality.

The Rise of the Greens: A frank — and fiery — challenge to the Scottish Green Party: where is the plan for growth?

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