The day before the election, James Butler is joined by William Davies to talk about something everyone seems to agree on: the very poor state of the UK’s public finances. The past fourteen years of Conservative rule began with the technocratic austerity of George Osborne and ended with the return of the ‘grown-ups’, Jeremy Hunt and Rishi Sunak, to inflict more pain. In between came the chaos of Brexit and the Truss-Kwarteng ‘mini-budget’. What will a likely Labour government pick up from this? Are we still stuck in the age of Osborne, or will something resembling the public investment strategy of Bidenomics emerge through initiatives such as the National Wealth Fund and Great British Energy, as Rachel Reeves has promised?
Read Will's latest LRB piece: https://lrb.me/davieselectionpod
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