It’s been another bruising week for the British economy. New GDP figures reveal that growth has almost flatlined, inching up by just 0.1 per cent between July and August – a sign, many fear, that the UK is drifting into deeper malaise. With the budget less than a fortnight away, can the Chancellor square the circle of sluggish growth, tax pressures and a restless Labour party?
James Heale speaks to Tim Shipman and Paul Johnson about the mounting economic uncertainties, the Treasury’s lack of a clear tax strategy, and the political doom loop the government now finds itself in. Are Labour’s early missteps catching up with them – and will the coming budget steady the ship or spark a fresh crisis?
Produced by Oscar Edmondson and Megan McElroy.
Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.
For more Spectator podcasts, go to spectator.co.uk/podcasts.
Contact us: podcast@spectator.co.uk
Hosted on Acast. See acast.com/privacy for more information.
