Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

From Merryn Talks Money by Bloomberg

April 27, 2026 · 39 min

About this episode

Andy Haldane discusses the UK's economic challenges and potential solutions with Merryn Somerset Webb.

Former Bank of England Chief Economist Andy Haldane joins Merryn Somerset Webb to unpack why the UK may feel poorer, more fragile and seemingly out of options—despite sitting on untapped wealth and world-class innovation. From tough fiscal trade-offs and rising taxes to the surprising strength of private balance sheets, he argues the UK’s problems may be serious—but they’re far from unsolvable. The big question: can policymakers unlock growth before patience and confidence runs out? See omnystudio.com/listener for privacy information.

People in this episode

Host: Merryn Somerset Webb

Guest: Andy Haldane

Topics covered

  • fiscal policy
  • economic growth
  • taxation
  • private balance sheets
  • UK economy

Keywords

  • UK economy
  • fiscal squeeze
  • economic growth
  • taxes
  • private balance sheets

Mentioned in this episode

Organizations: Bank of England

Places: UK

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