Economist Podcasts Tax brakes: Britain’s PM contenders on the economy
Aug 18, 2022
Sumeya Keynes, The Economist's Britain economics editor, analyzes the economic policies of PM contenders Rishi Sunak and Liz Truss as they propose tax cuts amidst a looming crisis. Tom Gardner delves into the ambitious megaprojects in Addis Ababa, showcasing a facade of progress against a backdrop of civil conflict. Abby Bertix tackles the science behind mental fatigue, discussing how glutamate affects cognitive exhaustion and emphasizing the importance of sleep for recovery. This engaging dialogue offers a unique perspective on pressing global issues.
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PM Contenders' Economic Approaches
- Britain's PM contenders, Rishi Sunak and Liz Truss, differ on economic policy.
- Sunak is considered a technocrat, while Truss is seen as an economic maverick.
UK Economic Challenges
- The British economy faces a cost of living crisis, high inflation, and stagnant productivity growth.
- Other issues include problems with the NHS, net zero transition, and unresolved EU relations.
Sunak's Economic Platform
- Rishi Sunak proposes targeted cash support, VAT cuts on energy bills, and incentives for business investment.
- He also emphasizes skills development, deregulation, and long-term income tax cuts.