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“Catalyst: one that precipitates a process or event, especially without being involved in or changed by the consequences.”
The American Heritage Dictionary
Robert Peston put his finger on the spot in his tweets about the Government announcing a 91,000 reduction in the Civil Service. Their suggestion was that this would help tackle the cost of living crisis, but he points out that it will only do so by holding back the transmission of price inflation into wage demands.
It is understandable that considerable care is being exercised to hold back the inflation surge: if it pushes higher or longer then the Bank of England expects, it will also result in a huge rise in the cost of servicing the national debt. Meanwhile if it also pushes hard into the mortgage servicing costs, it will, as discussed in This Is Money this week, seriously deflate house prices – just as the next general election approaches. In this context cutting VAT or other untargeted emergency stimulus could exacerbate an already difficult position.
However, it is essential that carefully targeted support is given for those most in need, and in order to break the cycle of deprivation by empowering young people from disadvantaged backgrounds – an essential part of levelling-up. The way to do this, without incurring significant levels of additional public expenditure, is by Government learning how to act as a catalyst in order to leverage the huge contribution which could be made by philanthropy through the voluntary sector.
So — please READ ON .. as we illustrate how this can be done.
We've published over 240 weekly commentaries covering a wide range of issues, and you can find links here to the full list over the past five years.
As the UK economy teeters on the edge of inflation and recession, The Bigger Picture looks at the Queen’s Speech and the cost of living while the Financial Outlook considers GDP dipping into negative territory in March; meanwhile This Is Money anticipates challenging times in the housing market. For those who want to learn more about the Metaverse, we have twin episodes on this topic from Motley Fool — as opposed to the Business of Film, which reviews the Multiverse of Madness amongst other new movies. Gadgets & Gizmos says farewell to the Apple iPod, and we have two Modern Mindsets for you. Finally, The Hypnotist invites listeners to re-visit childhood memories for a different perspective.
Please scroll down this home page for links to these programmes. Also, for those who prefer listening on Apple, Spotify or Amazon, try searching for our podcasts under ‘Hrkn’ – a quick way to find us!
When you just need some relaxing background music for reading, writing or entertaining, Share Music complements our speech programmes with a flow of instrumental folk music. However these speech programmes are always at hand via Share Sounds, where there's also an online slide display to highlight some of the best.
Information on tracks played is shown both on the 'Listen Live' tab and on our mobile app: but please note one of our latest additions: 'Resonant Futures' by The Imaginaries.
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In partnership with publishers Harriman House, Share Radio has produced the audiobook 'Superinvestors', written by Matthew Partridge and read by some of Share Radio's best known presenters: Simon Rose, Fenella Fudge, Glen Thompsett, Ed Bowsher and accomplished actor David Ricardo Pearce, whose ancestor is featured in the book.
Welcome to Gavin Oldham's full presentation describing his vision for egalitarian capitalism.
The main set of proposals are as follows:
Egalitarian Capitalism is an alternative to socialism which, while fostering and encouraging enterprise for all, acts to involve and empower people right across society and especially the young.