Intelligence Squared

The Economy in 2023: Where Do We Go From Here?

Jan 9, 2023

Jonathan Portes, an economist and professor at King's College London, and Victoria Scholar, Head of Investment at Interactive Investor, delve into the UK economy's outlook for 2023. They discuss the lasting effects of Russia's war on Ukraine and the implications of inflation and Brexit. Their conversation covers public sector pay dynamics, the impact of interest rate hikes, and how geopolitical tensions could hinder economic growth. They also explore potential opportunities in sectors like AI and green technology amidst these challenges.

58:19

Episode guests

Victoria Scholar

Jonathan Portes

AI Chapters

Episode notes

Intro

2min

UK Economic Outlook 2023

10min

Inflation, Strike Actions, and Public Sector Pay Dynamics

2min

Navigating Interest Rates and Economic Growth in the UK

18min

Brexit's Economic Impact and Future Opportunities

16min

Analyzing Labour's Economic Strategy Against Current Policies

2min

China's Economic Challenges and Geopolitical Tensions

4min

Geopolitical Challenges and Economic Implications in 2023

3min

Russia's war on Ukraine, Liz Truss's mini budget and soaring inflation have all hammered the UK in recent months. But as the country begins a new year with a new Prime Minister – how much drama and uncertainty should we expect in 2023? In this episode we bring together an expert panel to debate and discuss the big questions facing the British economy. Will inflation be brought under control? Can the country cope without closer ties to the EU? And how prepared is Europe for more geopolitical tension with Russia and China? Our chair Manveen Rana is joined by Jonathan Portes, economist and Professor of Economics and Public Policy at King's College, London; Victoria Scholar, Head of Investment at Interactive Investor, and Gerard Lyons, Chief Economic Strategist at the wealth manager Netwealth.

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