Richard Saynor, CEO of Sandoz, shares insights on how U.S. tariffs are reshaping the pharmaceutical landscape, particularly in generic drug production. He discusses manufacturing decisions influenced by trade policies and the challenges faced in a competitive market. Frances Coppola, an independent economist, analyzes the recent interest rate cuts and their implications for UK households. The podcast also explores the booming trend of staycations and the evolving dynamics in both travel and manufacturing sectors, highlighting the broader economic landscape.