What Is 'Manchesterism'— And Will It Boost Britain's Economy?

What Is 'Manchesterism'— And Will It Boost Britain's Economy?

July 3, 2026 · 30 min

About this episode

The episode discusses the concept of 'Manchesterism' and its potential impact on the UK economy and markets.

Merryn Somerset Webb and John Stepek are joined by Cavendish's Roger Lee to unpack Andy Burnham's North Star of "Manchesterism" and what it could mean for the UK economy, markets, and investors. They debate whether devolving more power to the regions represents genuine economic reform or simply another version of heavy-handed state intervention, while exploring the implications for growth, government spending, fiscal policy, and the UK's increasingly fragile bond market. See omnystudio.com/listener for privacy information.

People in this episode

Host: Merryn Somerset Webb

Guests: John Stepek, Roger Lee

Topics covered

Keywords

Mentioned in this episode

Organizations: Cavendish

Places: Britain, UK, Manchester

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