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July 21, 2022

Taxing times for Tory leadership

Taxing times for Tory leadership

The Tory party leadership challenge is down to two players – Rishi Sunak and Liz Truss. Sunak wants to keep taxes where they are, preaching fiscal conservatism, and fearing releasing more money into people’s pockets will only add to inflation, which is already at 9.4 percent. Truss wants to help people navigate the cost-of-living crisis, by reversing the recent hikes in national insurance. So which approach is right in the current economic climate? It’s a question Phil and Roger put to Simon French, Chief Economist at Panmure Gordon & Co. He’s no stranger to the workings of government, after a dozen years at the Department of Work and Pensions and The Cabinet Office. Is he prepared to tell us who he’d like to see inside Number 10? 


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Simon French Profile Photo

Simon French

Simon is Chief Economist at investment bank Panmure Gordon & Co., where he leads the bank’s research in Economics and Equity Strategy. He has previously held a series of high-profile roles within the U.K. Civil Service - initially at the Department for Work and Pensions and subsequently at the Cabinet Office. These days he is a frequent guest on BBC, Sky and Bloomberg business and economics programs, as well as a regular contributor to the Times newspaper.