Kwasi Kwarteng

Kwasi Kwarteng, former UK Chancellor of the Exchequer, dives into the pressing issues surrounding UK fiscal policy and taxation. He argues that high taxes drive entrepreneurs away, harming the economy. Kwarteng critiques the failed tax cuts of 2022 and discusses the political challenges of cutting spending. He warns that rising taxes could lead to a cycle of stagnation while highlighting the attractiveness of emerging markets in Africa. His insights extend to global trends, including the need for investor visas to foster entrepreneurship.

Madeline Grant, Assistant Editor at The Spectator, passionately defends marriage as a crucial social institution threatened by modern culture. Political editor Tim Shipman and former Chancellor Kwasi Kwarteng join her in questioning the impact of political leak strategies on public perception and budgeting. They explore the reluctance of politicians to embrace pro-family policies and analyze the implications of Britain's Industrial Revolution on contemporary societal issues. The trio also discusses the recent OBR Budget leak's potential motivations and its consequences.

Kwasi Kwarteng, former UK Chancellor and economic commentator, discusses the UK's financial turmoil compared to the 1970s. He reveals the implications of a £70 billion tax increase, highlighting the burden on the middle class. Kwasi warns that higher taxes could drive wealth abroad and criticizes institutional biases in government spending. He advocates for a stable environment to attract entrepreneurs and suggests reforms like cutting corporation tax. His candid fears about future tax policies underline the urgent need for fiscal discipline.