UK’s Economic Strategy Under Scrutiny: Growth, Optimism, and Challenges
Explore the UK's economic landscape as Prime Minister Keir Starmer seeks regulatory input for growth, businesses express optimism for 2025, and Hawai'i faces slow expansion. Delve into the complexities of economic governance, business confidence, and the impact of national policies on local economies. This episode offers insights into the strategic decisions shaping the future of the UK's financial landscape and the delicate balance of growth and sustainability in Hawai'i.Sources:https://www.telegraph.co.uk/opinion/2024/12/30/keir-starmer-asks-regulators-economic-growth/https://www.thetimes.com/business-money/economics/article/businesses-optimistic-about-revenues-and-hiring-in-2025-0wp53d58rhttps://mauinow.com/2024/12/29/uhero-hawai%CA%BBis-economic-expansion-continues-but-slowly/https://www.theguardian.com/business/2024/dec/29/people-have-been-saving-more-thanks-to-pay-growth-and-cooling-inflation-but-they-will-need-to-feel-the-benefitsOutline:(00:00:00) Introduction(00:00:43) Asking regulators how to create growth betrays a poor grounding in economics(00:03:00) Businesses optimistic about revenues and hiring in 2025(00:05:58) UHERO: Hawaiʻi’s economic expansion continues, but slowly(00:09:03) People have been saving more, thanks to pay growth and cooling inflation, but they will need to feel the benefits