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

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

2022/8/18
logo of podcast Bloomberg Daybreak: Europe Edition

Bloomberg Daybreak: Europe Edition

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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.