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Blanchflower: Recession Will Force Next PM Into More Aid (Audio)

Blanchflower: Recession Will Force Next PM Into More Aid (Audio)

FromBloomberg Daybreak: Europe Edition


Blanchflower: Recession Will Force Next PM Into More Aid (Audio)

FromBloomberg Daybreak: Europe Edition

ratings:
Length:
17 minutes
Released:
Aug 18, 2022
Format:
Podcast episode

Description

The Former Bank of England policymaker, Danny Blanchflower, says a looming UK recession will force the next Prime minister to scrap proposed tax cuts and deliver more help to the less well-off. The Dartmouth economics professor tells Bloomberg's Lizzy Burden and Stephen Carroll that the government should be protecting people from the current cost of living crisis, and not the BOE. Commenting on the Tory leadership candidates' current proposals, Blanchflower said, “Nothing they’ve said goes anywhere close to dealing with the problem that’s coming."See omnystudio.com/listener for privacy information.
Released:
Aug 18, 2022
Format:
Podcast episode

Titles in the series (100)

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.