In this insightful discussion, Sam Fleming, FT economics editor, analyzes the UK's new budget, revealing a significant £26bn tax increase and its implications for public finances. He explores how the budget is positioned to appeal to Labour MPs and the potential impact on households. Meanwhile, Chris Kaye, FT Mumbai Bureau Chief, delves into India's booming steel production, highlighting its economic benefits versus environmental costs and trade tensions, while addressing the urgent need for sustainable practices amidst rising pollution.
