Naomi and Alex, go over every aspect of the Budget, including the undercurrent of misogyny in much of the commentary, with very special guest prominent ecocomist, professor, and former joint head of the Government's Economic Service, Vicky Pryce. As well as Wokey Dokey and Grin And Share It.

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Vicky: “In reality you can redefine [debt] any way you want, as long as the capital markets believe it is sustainable and you convince them it makes sense. How do you get markets to lend this to you? The good thing is that we are now talking about longer term assessments of what benefits to the economy particular spending might bring.” 

Alex: “The last few weeks have been a parade of people saying: we need to invest much more in the country, but please not from my money. The chance [the gov’t is] taking is that people won’t mind paying more tax, provided they see an improvement in the public services they use.”

Naomi: "Is the Labour gov’t missing a trick by not going further and faster in liberalising our trade relationship with the EU?" Vicky: “Completely and utterly. The cost of bringing in the skilled people we need on complicated, costly visas, the extra bureaucracy, has been calculated by the Home Office to be nearly £40bn. Which is huge. It’s what Reeves just raised in taxes.”

LINKS:

On how the US avoided a recession in 2023, read here.

On how Germany just avoided a recession, read here.

Find us on Facebook and Twitter as @quietriotpod and on Bluesky. Click here for your Quiet Riot Bluesky Starter Pack. Email us at quietriotpod@gmail.com. Or visit our website www.quietriotpod.com.

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With Naomi Smith, Alex Andreou and Kenny Campbell – in cahoots with Sandstone Global.

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