Wealth tax vs tax cuts: how to fix the UK economy?

With the budget just days away, Rachel Reeves has to face another black hole in public finances; after scrapping plans to raise income tax, it is widely reported that the government will favor a “smorgasbord” of tax rises and spending cuts to plug the gap, but critics on the left and right say it will not address Britain's deeper structural economy. So in this episode of The Fourcast, Krishnan Guru-Murthy joins two economists with radically different visions of turning the country around. James Meadway, host of the Macrodose podcast and former economic adviser to John McDonnell, says inequality is stifling growth and that only a major reset of wealth, investment and a green industrial strategy can revive the UK. Catherine McBride served on the last government's Trade and Agriculture Committee and believes the real problem is over-regulation, high taxes and net zero. And Channel 4 News' economics correspondent Helia Ebrahimi also joined in to cut through the political noise, and test whether any of their ideas really resonate.

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What Are The Main Benefits Of Comparing Car Insurance Quotes Online

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