Wake Up to Money Government transfers
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Sep 2, 2025 In this discussion, Damini Sharma, Chief Executive of OM Group, shares insights on the impact of government childcare initiatives on the construction workforce amidst rising nursery costs. Anna McDonald highlights the financial implications for both nursery providers and families facing operational challenges. Joey Jones discusses the recent government reshuffle and its potential effects on economic strategies. They also contrast the financial dynamics of the childcare sector with the staggering spending in the Premier League, raising questions about priorities in funding.
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Football As A Global Asset Class
- Premier League spending exceeded £3bn this transfer window, concentrating huge flows at the top of football's pyramid.
- That money circulates through clubs, agents, lawyers and media rights, reshaping football into a major global asset class.
Reshuffle Signals Economic Focus
- Labour's Downing Street reshuffle signals recognition they didn't 'hit the ground running' and seeks more economic expertise at number 10.
- Markets remain concerned as UK bond yields have risen, so cohesion between number 10 and the Treasury is crucial ahead of the budget.
Number 10 And Treasury Closer Together
- Moving Treasury-linked advisers into number 10 ties the Prime Minister closer to the Chancellor's tough budget choices.
- This shared accountability may make difficult fiscal decisions politically bearable but won't remove structural constraints.