About this episode

This episode explores the dynamics of the UK economy, focusing on wages, consumer demand, and productivity challenges.

Hosted by Simon Oates, Leader of Economics at PwC UK, this episode of Economics in Business brings you a data-driven exploration of the UK economy’s brightest levers and its toughest hurdles. Join Simon as he challenges: Barret Kupelian, PwC’s Chief Economist UK, on why real wages are rising faster than wallets feel—and what it means for consumer demand. Andy Haldane, PwC Special Advisor and former Bank of England Chief Economist, on the sharp contrast between sluggish goods exports and booming services—and the policy choices ahead. Together, they dissect: Rising pay packets vs. muted spending The goods vs. services export boom Britain’s decade long productivity puzzle

People in this episode

Host: Simon Oates

Guests: Barret Kupelian, Andy Haldane

Topics covered

• UK economy
• real wages
• consumer demand
• goods exports
• services exports
• productivity

Keywords

• UK growth
• wages
• productivity
• consumer demand
• exports
• economic policy

Mentioned in this episode

Organizations: PwC UK, Bank of England

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