Creative destruction: why some firms must fail

Why have US productivity and living standards outstripped the UK’s? Why is it good news that more British businesses are failing? And why is the challenge now to make sure younger, more productive businesses get the capital they need?

Steph and Robert talk to Ruth Curtice, Chief Executive of the Resolution Foundation, about the report card the Resolution Foundation has written on whether the government is meeting its central ambition to promote growth - and draw back the veil on Reeves’s income tax U-turn.

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