Is Britain Serious About Economic Growth?
From The Call by the Global Intelligence Desk · 17:30
Show by The U.S. Chamber of Commerce Global Intelligence Desk
Britain faces a difficult economic reckoning. Taxes are at their highest levels since World War II, public debt is approaching 100% of GDP, and economic growth remains stubbornly weak. With the government unveiling its latest budget, can Britain find a way to revive growth without making its fiscal problems worse?On this episode of The Call, Jay Sapsford speaks with Lord Karan Bilimoria, founder of Cobra Beer, former president of the Confederation of British Industry (CBI), and member of the House of Lords, about the hard choices facing Britain's economy.Bilimoria argues that Britain cannot tax its way to prosperity. Instead, it must rein in government spending, restore business confidence, and invest in the innovation and skills needed to unlock stronger growth.But Britain's challenges extend well beyond its borders. From France to Japan to the United States, advanced economies face the same dilemma: raise taxes, cut spending, or borrow more. Each comes with a price.Can Britain chart a path back to prosperity—and offer lessons for other economies facing the same pressures?-The Call is a series of live video conversations featuring expert guests from the U.S. Chamber's Global Intelligence Desk. Live access to The Call is a benefit to the Chamber’s members; however, we are pleased to provide recordings of the calls for wider listening thereafter.Learn more about the Global Intelligence Desk: https://globalintelligencedesk.com/Join the conversation on LinkedIn: / global-intelligence-desk
More episodes of The Call by the Global Intelligence Desk
More episodes
- Can Business Thrive in a Fractured World?
- Globalization Isn't Dead. So Why Isn't Trade Booming?
- Can This Uranium Company Beat China at Its Own Game?
- WTO Chief Warns: An AI Bust Could Shake Global Trade
- Janet Yellen on Debt, China and the Future of American Power
- What Does it Take to Win at Trade?
- Is America Ready for China Shock 2.0?
- Can the U.S. Grow Its Way Out of Debt?
- U.S. Dockside Dispute Looms Over Global Supply Chains (9/12/24)
- Morena's Dominance and Mexico's Constitutional Reforms (9/18/24)
PodSearch is a free, independent podcast search engine. Read about PodSearch, the privacy policy or contact us.