From Brexit’s impact on the pound to what’s keeping the FTSE up at record levels and some surprising figures from China - Chris Beauchamp from IG Index went through the day’s key economic stories with Share Radio’s senior analyst Ed Bowsher.
The Institute for Fiscal Studies says the UK could face a further 2 years of austerity measures if we vote to leave the EU. Economists in the Leave camp disagree and say economic growth would accelerate following an exit. Carl Emerson is the author of the IFS report, Deputy Director at the IFS, Carl Emerson. He joins Ed Mitchell for more discussion.
There are many aspects and huge ramifications associated with the Tata steel saga but at the heart of the matter is selling the right quality steel, at the right price, to the right customer in the right place. Given that the UK, or indeed other European producers, will never be able to compete with the giant producers of China. The Focus may have to be on niche, high end production. For his views, Ed Mitchell of Investment Perspectives is joined on the line by Dominic King, Head of Policy at UK steel, the trade association for the British steel industry.