Can the UK economy bounce back from the COVID-19 pandemic? | A 5 News Podcast
Play • 31 min
Boris Johnson has declared his plan for the UK to 'build back better and bolder' after the COVID pandemic to help the economy recover. The Prime Minister pledged an initial £5 billion as part of a 'new deal' to be used to accelerate infrastructure projects as he promised to 'build, build, build'. But can the Government emerge from the crisis without having to levy the cost on the public who are already experiencing financial struggles from the crisis? Economist Miatta Fahnbulleh is the Chief Executive of the New Economics Foundation, a British think-tank promoting "social, economic and environmental justice". She has worked in government under Tony Blair, Gordon Brown and David Cameron. Miatta tells Andy Bell that the economic forecast for the UK is "looking pretty grim", with high levels of unemployment. The pair discuss what the government's role will be in the recovery, whether we should pay more taxes and whether or not this creates an opportunity to build a greener economy for Britain in the future. How did we get here? Explaining the news is a podcast from 5 News. Join Andy Bell as he explains the world's biggest news stories through interviews with politicians, experts, and analysts.
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