The Barber Boom and Bust
Gripped by sluggish growth and low investment, the UK decides to solve its problems by embarking on a "dash for growth" - spending big and cutting taxes. We talk to economic historian Duncan Weldon about the Heath government's disastrous 1972 "Barber Boom" (named for the chancellor Tony Barber) and what lessons it holds for Boris Johnson's wayward administration.Presented by Jonathan Ford and Neil Collins.With Duncan Weldon.Produced and edited by Nick Hilton for Podot.Sponsored by Briefcase.News Hosted on Acast. See acast.com/privacy for more information.