How Rachel Reeves is bankrupting Britain
Summary
Economist Liam Halligan scrutinizes Rachel Reeves's autumn budget, revealing massive tax increases and unsustainable borrowing alongside stagnant growth. He highlights how Labour's policies, including a controversial employment rights bill and unaddressed public sector inefficiencies like gold-plated pensions and failing NHS, are throttling British enterprise. Halligan also warns of a potential wage-price spiral and the UK's vulnerability to external inflationary pressures, suggesting Downing Street lacks understanding of these critical economic threats.Episode description
Liam Halligan and Fraser Myers discuss the horrors in the autumn budget, why our sky-high taxes lead to dreadful public services, and where the next economic crisis could come from.
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