

#068 - Catherine McBride - Is Labour Wrecking the Economy?
7 snips Apr 22, 2025
Catherine McBride, an economist and former member of the UK’s Trade and Agriculture Commission, shares her critical insights on Britain’s struggling economy. She argues that overregulation and misguided energy policies are stifling growth. Discussions cover the impact of high taxes on homeownership and the steel industry’s decline amid global competition. McBride emphasizes the disconnect between Labour's promises and economic realities, calling for radical reforms to revive business and restore sanity to the UK economy.
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UK Steel Industry's Structural Issues
- UK steel struggles due to low domestic demand and no raw material supply.
- Government actions contradict: blocking coal mining while trying to save steel industry.
Political Failure on Growth
- Both major UK parties fail on economic growth strategies.
- Excessive regulation and taxation choke business and employment growth.
Trump's Strategic Trade Tariffs
- Trump's tariffs strategically target China to rewrite trade rules.
- US tariffs aim to lower global trade barriers to US levels, benefiting America.