This discussion dives into the far-reaching impacts of Trump's trade tariffs, spotlighting winners and losers within the global economy. Are consumers sacrificing under an 'America-first' policy? The dialogue also critiques the Bank of England's cautious approach to interest rate cuts amidst rising inflation. Personal anecdotes from a Costa Rican press tour add a fun twist, while the analysis highlights the intricate link between political decisions and economic consequences, including a look at Trump's influence on US-Mexico trade dynamics.

Praful Nargund, founder of the Good Growth Foundation, and Chris Curtis, MP for Milton Keynes North, dive into the meaning of economic growth for everyday people. They discuss the disconnect between political goals and public sentiment, emphasizing the frustrations of the working poor. The conversation highlights the importance of redefining 'good growth' to ensure it benefits a broader segment of society. They also explore the role of skills and training in fostering inclusive growth, urging the need for tangible economic changes that resonate with local communities.

Steph and Gordon Corera, host of The Rest Is Classified and the BBC’s Security Correspondent, discuss the security risks posed to the UK by Rachel Reeves’ new ploy to secure Chinese investment. Also, how Huawei was replaced by Tik Tok, and then DeepSeek, as the latest digital threat to the West and why an era of subtle ‘cognitive warfare’ has been ushered in by social media.Sign up to our newsletter to get more stories from the world of business and finance.Email: restismoney@gmail.comX: @TheRestIsMoneyInstagram: @TheRestIsMoneyTikTok: @RestIsMoneygoalhangerpodcasts.comAssistant Producer: India DunkleyProducer: Ross BuchananHead of Content: Tom WhiterExec Producers: Tony Pastor + Jack Davenport Learn more about your ad choices. Visit podcastchoices.com/adchoices

Robert and Steph dive into Rachel Reeves' ambitious growth plan that aims to bolster the UK's economy. They discuss the controversial third runway at Heathrow, weighing economic perks against environmental impacts. Insights from a UK manufacturing visit reveal a hopeful outlook, contrasting stark disparities between the South and North. The complexities of Northern identity are highlighted through the BBC's relocation to Manchester. Overall, the conversation underscores the urgent need for equitable infrastructure development and clear government strategy.

A humorous personal injury tale kicks off the discussion, blending healthcare anecdotes with political musings. The conversation shifts to Trump's presidency, focusing on deregulation's mixed implications for workplace diversity and market stability. Immigration policies and automation's unrealistic promises are critiqued, revealing labor market challenges. Economic stagnation in the UK is examined, alongside proposed recovery strategies. Lastly, the contentious expansion of Heathrow Airport is dissected, highlighting financial hurdles and regional investment disparities.

In a compelling discussion, Sir Paul Nurse, a Nobel Prize-winning biochemist and director of the Francis Crick Institute, unpacks the UK’s scientific landscape. He critiques the country’s struggles to attract talent, hindered by high visa costs and poor funding support. Nurse contrasts the UK's pure discovery strengths with its failures in commercial application, while advocating for systemic reforms. He also shares a heartfelt personal journey about discovering his biological roots and reflects on the interplay between AI and human creativity in advancing science.

Robert Chote, former director of the Office for Budget Responsibility and the current chair of the UK Statistics Authority, discusses the unreliability of the UK's unemployment statistics. He argues for a more courageous fiscal approach rather than strict adherence to rules. Chote dives into the significance of accurate economic data in shaping policy, the challenges of using traditional survey methods versus AI for better insights, and the need for a broader understanding of economic health that transcends mere GDP figures.

Peter Kyle, the UK’s Science and Tech Secretary of State, dives into the government's ambitious plan to become a global AI leader. He discusses the urgent need for enhanced computing power and regional competitiveness in tech. Kyle also addresses public skepticism about AI, emphasizing the importance of transparent communication. The conversation shifts to AI's role in healthcare, balancing innovation with ethics, and the necessity of training the workforce for emerging job markets. Exciting yet challenging times lie ahead for the UK's AI journey!

Dr. Gerard Lyons, an influential economist and Bank of China board member, joins Steph and Robert to dissect the UK's pressing economic dilemmas. They explore the implications of asking China for investments and the future of UK tax strategies. Lyons sheds light on rising borrowing costs tied to inflation and the necessity for structural reforms to bolster confidence. The conversation further navigates the shifting UK-China relationship amidst geopolitical tensions and the urgent need for public spending reforms in a stagnant economic landscape.

The hosts dive into the intriguing clash of Starmer and Musk, exploring the impact of billionaires on politics. They discuss the alarming rise in retail store closures and the resilience of small businesses. A fascinating breakdown of GDP reveals common misconceptions and its importance for public services. The conversation also touches on the ripple effects of misinformation in politics, highlighting the need for accountability. Plus, they reflect on enjoyable listener interactions and the value of personal development.