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Wake Up to Money
Make Mine a Single
Jan 31, 2025
Carleen Jackson, CEO of Cloud9 Insight, shares how cloud technology can reshape SMEs. Simon French, Chief Economist at Panmure Liberum, discusses the economic implications of new alcohol duties and consumer behavior during 'dry January.' Ben Nabarro from Citigroup elaborates on the effects of AI ethics on tech stocks and recent infrastructure proposals, like Heathrow's third runway. The trio dives into crucial topics such as the UK job market post-Brexit, evolving consumer trends, and the challenges for the hospitality industry amid inflation and regulatory changes.
52:42
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Quick takeaways
- New UK alcohol pricing regulations aim to support struggling pubs, reducing draft drink duties while increasing wine prices.
- The launch of DeepSeek, a competitive generative AI from China, has triggered significant declines in U.S. tech stocks like NVIDIA.
Deep dives
Changes in Alcohol Duty
New regulations coming into effect this weekend will alter the landscape of alcohol pricing in the UK. A reduction in duty on draft drinks like beer and cider will result in a price drop of roughly a penny per pint, an effort by the Treasury to support struggling pubs and the hospitality sector. Conversely, the freeze on wine duty that was implemented in August 2023 will expire, leading to higher prices for that category of alcohol. This shift reflects broader trends in consumer spending habits and the financial pressures faced by the hospitality industry.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode