Merryn Talks Money
How to Make Britain Prosperous Again with Sam Bowman
Nov 22, 2024
Sam Bowman, founding editor of Works in Progress and expert in competition policy, delves into the roots of Britain's economic stagnation. He points out the role of high energy costs and outdated infrastructure, advocating for urgent reforms in planning systems. The discussion highlights the challenges of renewable energy, suggesting nuclear power as a more reliable alternative. Bowman emphasizes the need for regulatory changes to boost efficiency and lower electricity prices, offering insights on navigating bureaucratic obstacles in infrastructure projects.
45:18
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Quick takeaways
- Britain's economic stagnation is largely attributed to high energy costs and an outdated planning system hampering productivity and growth.
- Reforming planning regulations and investing in nuclear energy could significantly lower costs and stimulate economic recovery in the UK.
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