UK Economy Is A ‘Slow Moving Car Crash’ | Sir Howard Davies
By Times News
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“My bet is on muddling through, but muddling through in an increasingly unsatisfactory way.” The UK’s debt has been increasing more than that of other countries for over a decade, and an “inability to make decisive moves in one direction or another” will lead to us “muddling through”, says former deputy governor of the Bank of England Sir Howard Davies. Sir Howard Davies was speaking to Kate McCann and Stig Abell on Times Radio. Listen live every Monday-Thursday from 6-10am. Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_center?add_user=timesonlinevideo Find us on Facebook: https://www.facebook.com/timesandsundaytimes/ Find us on X: https://x.com/thetimes Find us on Instagram: https://www.instagram.com/thetimes/
Tags: the times, the sunday times, UK economy, Sir Howard Davies, John Healey budget, Times Radio, UK debt crisis, G7 borrowing costs, Bank of England interest rates, welfare bill cuts, VAT increase UK, triple lock review, Rachel Reeves budget, UK fiscal rules, gilt yields, UK inflation, Kate McCann, Stig Abell, UK national debt, public spending UK
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