Want to create an interactive transcript for this episode?
Podcast: Beyond Currency
Episode: 18 August 2023 - Bring back the World Cup and also boost the economy
Description: England’s qualification for the women’s world cup final which will take place in Sydney on Sunday is expected to provide a £185 million boost to the economy. At the current time when the economy is teetering between positive and negative GDP results, such an event could further disguise the underlying weakness in the economy.
To see significant growth in the coming months, the government and Bank of England will need to come together to provide the stimulus to see GDP return to trend.
There are two actions which may trigger this. The first would be when Andrew Bailey announces when...