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Episode details

World Service,27 Oct 2021,26 mins

The winners and losers in the UK budget

World Business Report

Available for over a year

The UK economy was hit incredibly hard by the pandemic and its recovery is not yet complete. The government has said the economy should return to its pre-Covid level at the turn of the year - earlier than previously thought. But it's still several months after the US reached the same point. In the annual budget announced today, the UK finance minister said that economic growth will be be back to pre-pandemic levels by the end of 2022 and for the public to expect inflation to hit 4%. We get analysis from economist Roger Bootle on how the UK is faring relative to other countries in Europe and beyond. Also in the programme, we look at why has the iconic French fashion house Jean Paul Gaultier - known for cone-shaped corsets worn by Madonna for example - decided to allow people to rent some of its most iconic pieces? And Fergus Nicoll investigates what efforts are some cities making to combat climate change. Picture description: London's skyline

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