Why The UK’s Post-Coronavirus Economic Recovery Will Not Be As Quick As Expected (Lord Skidelsky)

Firstly we speak to Lord Skidelsky who discusses why Rishi Sunak’s budget may cause the Bank of England to raise interest rate, why accusations have been levied that the budget hurts small businesses, why the Universal Credit uplift should be permanent, why he is sceptical of Boris Johnson’s government predictions of a quick post-COVID recovery, the prospect of the UK becoming a tax haven and much, and much more!

#RishiSunak #Budget2021 #Coronavirus

We contacted the Hong Kong Economic & Trade Office about allegations in this show and they said: “Lord Skidelsky's comment on 'oppressive regulations' is wrong. Hong Kong has a proud tradition of the rule of law. Like any other jurisdiction in the world, Hong Kong has the obligation to safeguard national security, as well as to maintain law and order. The National Security Law targets universally unacceptable acts that undermine sovereignty and national security. It also contains specific provisions that uphold Hong Kong residents' rights and freedom under our constitution and relevant provisions of international covenants on human rights. With its implementation, Hong Kong has become a safer and more stable city.”