The Intelligence from The Economist Growth negligence: Britain’s budget
22 snips
Nov 27, 2025 
In this engaging discussion, Tom Carter, Britain economics correspondent for The Economist, analyzes the UK’s stagnant growth, highlighting failures in the recent budget that may compound political risks. Robert, the Delhi bureau chief, shares insights from his interview with Yogi Adityanath, detailing his dual role in Uttar Pradesh's governance and the implications of rising religious nationalism. The conversation also touches on unconventional job interview questions that reveal personal insights, ensuring a mix of serious analysis and lighthearted exploration.
AI Snips
Chapters
Transcript
Episode notes
Britain’s Stuck Productivity Problem
- Britain suffers from persistently low growth driven by flatlined productivity since 2008.
- The independent forecaster sees little recovery, making tax rises and high spending especially damaging.
Spend Windfalls To Protect Growth
- Use windfalls to blunt tax rises and avoid weighing on private investment.
- Invest in reforms and fix perverse tax incentives to support longer-term growth.
Now Spending, Taxes Later
- The budget raises spending now while many tax increases are delayed until after the next election.
- That creates higher borrowing today with uncertain future tax receipts.