Wake Up to Money WAR READY
6 snips
Jun 3, 2025 Nasima Adam is the founder of Sabuni Skincare and a self-care entrepreneur, while Jane Foley is the Head of FX Strategy at Rabobank, focusing on market trends. The conversation dives into the impact of the U.K.'s defense spending overhaul on local jobs, particularly in engineering, and examines the challenges NHS agency staff cuts pose for healthcare. They also discuss the shifting dynamics in luxury fashion with Jonathan Anderson's new role at Dior, blending creativity and market strategies amidst economic challenges.
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Engineering Talent Moves Abroad
- Nasima's brother, an engineer, struggled to get a job at BAE Systems locally and moved abroad.
- Skills often migrate overseas if local opportunities are limited, impacting local industry.
Urgent Defence Spending Shift
- Defence spending is rising due to geopolitical threats and uncertainty about US support.
- Europe and allied nations accelerate investments amid concerns about Russia and China's military capabilities.
NHS Agency Spending Realities
- Cutting NHS agency spending often shifts costs to more expensive overtime and bank staff.
- Without a cohesive workforce plan, reductions in agency use may harm patient care and increase stress.