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Merryn Somerset Webb

👤 Speaker
1239 total appearances

Appearances Over Time

Podcast Appearances

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

The money is there.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

The money is there, right?

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

But the plumbing to get that money into our businesses, which is the same thing as saying growth tomorrow, isn't there.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

So that's a re-plumbing problem.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

We can solve plumbing problems.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

With a political will.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

With a political will, we can solve plumbing problems.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

If the money wasn't there, I'd be far less optimistic.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

But the money is there.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

It's even here at home.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

It's actually here at home as well.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

We have the businesses.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

We have the money to finance the businesses.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

We replund the system.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

And hey, presto, you get business-led growth, which, of course, is the only source of growth you can have that's sustainable over the years.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

So these are the reasons, if you peer in the balance sheet fundamentals, we have the businesses to enable the growth.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

We have the money to enable the businesses to grow.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

This is a plumbing problem that's eminently tractable, Merrin.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

And if we did that, we could be smashing the lights out, not just at a startup at Scala, but at GDP per head and all the rest.

Merryn Talks Money
Andy Haldane on Britain’s Fiscal Squeeze and Growth Problem

So this is my frustration, but also my excitement about what's possible.