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Julian Harris
Editor in charge of covering Britain's government and economy at Bloomberg. Provides insights on political and economic developments in the UK.
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Mar 14, 2025
• 19min
Labour’s Economic Report Card: Slow Growth, Tough Choices, and What’s Next
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Dan Hanson, Chief UK Economist at Bloomberg, and Julian Harris, Editor focusing on Britain's government and economy, dive into Labour's economic report card. They discuss the unexpected contraction of the UK economy and its implications for Labour's fiscal strategies. The duo highlights internal discord over welfare cuts and the government’s struggle with productivity issues. Despite rising costs and tax challenges, they find a silver lining in significant wage increases for low-wage workers, sparking hope amidst economic turmoil.
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