How to Make Britain Prosperous Again with Sam Bowman | Merryn Talks Money

Sam Bowman, founding editor of the online magazine Works in Progress, now part of payment processing platform Stripe, joins to discuss why he thinks Britain has stagnated and the main problems hindering growth. He also offers what he considers simple solutions for tackling those problems.
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Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work - and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices. From Bloomberg Podcasts.
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[@eIectrostatic]

Britain: Building nuclear power plants and high-speed rail costs too much money, we can't afford it!
Also Britain: We don't want Chinese companies building cheap nuclear power plants and cheap high-speed rail in Britain!

[@BogdanRotman]

I have always thought the British pound was overvalued by 50%. Devalue it as such and there will be a ton of investment. Increase exports and cut imports. After 5 yrs you will see a difference.

[@davidlai399]

Export what?

[@advocate1563]

This paper has caused a great deal of interest. Yet it talks to basic economic truths which we have simply abandoned. Energy density, the overweaning burden of regulation, the dominance of the state squeezing out the private sector, etc. And we have an Energy Sec who's busy tipping us into blackouts with the world's highest energy costs. It's bonkers and Labour making it much worse.

[@davidlai399]

Britain returned Hong Kong, its last colony, to China in 1997. Perhaps history tells us that Britain thrived in the past only by extracting from its colonies.

[@minionmememindset7889]

Great discussion, this should be 90% of what the media is talking about. Very good!

[@ralffig3297]

Lower taxes. It is as simple as that.