Podcast: Making sense of failing Tory Brexonomics


What on earth is happening to the British economy in the wake of the Brexit vote? Chancellor Philip Hammond’s revelation that Brexit may lead to additional costs of £60bn to the UK – and that’s just an early estimate by the Office of Budget Responsibility.

Prof Mike Danson
Prof Mike Danson

Tory promises to have wiped out public debt first by 2015 and later by 2020 have been shattered, and Hammond revealed that the country will need to borrow a further £122bn by the latter date just to stay afloat. So much for austerity.

What does all this mean for the economy, for Scotland’s relationship with Britain (and Europe), or for high-cost “prestige” spending such as the renewal of the Trident nuclear weapons system? Respected academic Prof Mike Danson visited the Newsnet studios to discuss with podcast host Derek Bateman, while journalist Maurice Smith joined them to chew over the broader issues facing the economy.

You can tune in by clicking on the audio file above, via your usual podcast channels including iTunes, or using our RSS feed: http://www.buzzsprout.com/57229.rss

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  1. Prof Samson can chew over the broader issues of Westminster Tory economic policies and their impact on Scotland. At the end of the day however the real issue of importance is that folks here in Scotland have no say in the policies being foisted upon Scotland. It may be pejorative to say so, but Billy Connoly was right when he described Hollyrood as a ” pretendy. Parliament”, It certainly ain’t no powerhouse Parliament with the strongest powers in the world. Powerless more like, but that was the plan to keep Jock in line.whilst fuel poverty and other such social niceties stalk our land with a parliament powerless to resist wholly unmanaged Westminster policies.


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