Coffee House Shots Mel Stride: 'what I would do differently'
Jul 16, 2025
Mel Stride, Shadow Chancellor of the Exchequer, shares his insights on Britain's economic state amidst rising inflation. He critiques the government's communication strategy and suggests a more compelling narrative for business investments. Stride discusses the need for a cohesive economic strategy to stimulate growth and re-evaluate taxation. He emphasizes the importance of adapting policies to modern challenges, including an ageing population and technological advancements. His approach is forward-thinking, aiming for transformative changes in economic policy.
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Economy Drives Share Ownership
- A booming, growing economy with lots of investable propositions is key to driving share ownership.
- Managing taxation, productivity, and welfare differently could have led to a healthier economic picture.
Support Economy Through Policy
- Avoid policies that talk down the economy and impose heavy taxes on businesses.
- Prioritize controlling inflation to prevent rising interest rates and financial burdens.
Economic Sentiment Is Low
- Businesses feel "animal spirits" have been extinguished by government taxation and borrowing.
- Inflation remains high, leading to even higher interest rates and costly debt servicing.