Labour drags us further to the '70s and Burnham stokes the psychodrama
About this episode
The episode discusses the retro economic policies of Labour and the impact of leadership battles on the UK economy, featuring guest Andrew Lownie.
You can watch this episode on YouTube: https://youtu.be/wQSgb9En2k0 This week on Planet Normal, your co-pilots of sanity, Liam Halligan and Alison Pearson, take us back to the 1970s as they look at the retro economic policies dragging the country in reverse. With financial markets reacting to the Labour infighting with horror, sending the UK government's borrowing costs to a staggering 30-year high, the duo warns that the British economy is on a knife edge. Liam focuses on the unfolding fiscal emergency, explaining how sovereign bond markets are reeling from a protracted Labour leadership battle, where all the major contenders are looking to increase borrowing and spending even further. Meanwhile Allison shares her deep frustrations with the current state of the nation, highlighting the desperate struggles of local community hubs and family pubs fighting to survive under the weight of punishing economic changes. This week’s stowaway on the rocket is royal historian and biographer Andrew Lownie, who discusses the ongoing fallout surrounding the royal family and his investigations into institutional secrecy. Highlights Labour drags us further to the '70s and…
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