4.4 • 2.1K Ratings
🗓️ 4 June 2021
⏱️ 13 minutes
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0:00.0 | This podcast is sponsored by Canacord Genuity Wealth Management, award-winning wealth managers who go above and beyond to support and guide you. |
0:09.3 | Visit can-dowealth.com to start building your wealth with confidence. |
0:20.8 | Hello and welcome to Coffee House Shots, the Spectator's Daily Politics Podcast. |
0:25.1 | I'm Cindy U and I'm joined by Katie Balls and James Forsy. |
0:28.7 | So as we get underway for G7 preparations, this weekend ministers are meeting their counterparts for some preliminary meetings. |
0:36.9 | Katie, what are the things on the government's |
0:39.4 | agenda ahead of the G7? So there's a series of meetings with Secretary of States, the head of |
0:44.4 | world leaders meeting next weekend in Cornwall. And I think there's two main stories. The first of which is |
0:50.1 | what Rishi Sunak is trying to do, which is ultimately looking at potential tech tax agreement. |
0:57.0 | And this is some form of online tax. And there's been a lot in the news about this in the past. |
1:02.0 | One of the problems is if a country were to do this by itself, there's lots of loopholes. |
1:06.0 | A global tech company could avoid it. So therefore it has much more impact if you can have an agreement between |
1:11.6 | the leading economies in the world. And now, finance ministers met yesterday at Lancaster House, |
1:18.6 | and there are further discussions today, and I think there's some optimism that they might be able to |
1:22.6 | fresh out an agreement. When it comes to the dynamics in this, I think it's something Rishi Sunax been pushing very hard for, but the US has been quite resistance to. |
1:31.3 | And I think it's been quite a lot of work going on behind the scenes from the Treasury meeting, I think EU leaders even just before Christmas, to try and set in motion and win support to the proposals. |
1:42.3 | So I think that's one thing to look at for. I mean, |
1:45.6 | might get some white smoke later today, but it could take a bit longer. But if you can get that |
1:49.9 | over the line, I think that's the chance there's number one priority. And then the other thing |
1:54.5 | in terms of what Matt Hancock is going to be looking at is pandemic preparedness. And I think |
2:00.5 | this inevitably is also going to lead to a |
2:02.6 | conversation over, yes, how do you respond to future pandemics, but also let's talk about the one |
... |
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