Steph McGovern
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Appearances Over Time
Podcast Appearances
Majidal Futam, which is one of the biggest entertainment leisure hotel businesses there.
They own a ton of shopping malls, huge leisure outlets across the Middle East.
And they were essentially at this big retail congress in Berlin, trying to convince everyone that everything was going back to normal.
They're like,
Things are okay.
Come back to the United Arab Emirates.
Come back to the Middle East.
Keep investing in us.
We've been through volatile things before.
And then at the same time, you've got friends who I've got who live out in the UAE saying they were about to send their kids back to school, but the schools are not open again because there's been more missile alerts and everything's kicked off.
So it just feels like it is...
so volatile it would be impossible for anyone to predict it never mind the Bank of England trying to work out what it means in two years time there's just no sense of any any settling down yet and that's what makes this really difficult is it impacts us so much but it's impossible to work out when how this will all end
Hmm.
Yeah.
And I say this next bit without any political views in terms of, you know,
any bias in any way.
But for example, the Greens obviously are expected to do well in these elections.
And the view is because the Green Party want to increase taxes and public spending, then of course, as you say, the bond markets will be like, well, hang on a minute.
How are they going to pay for all this?
How are they going to do all this?