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Money Talks from The Economist

Money talks: Getting bizzy

Money Talks from The Economist

The Economist

Finance & Economics, Business News, Economy, News, Business

4.41.2K Ratings

🗓️ 19 November 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Ahead of the UK’s general election, party leaders courted businesses at the annual conference of the Confederation of British Industry. We ask the CBI’s chief economist Rain Newton-Smith what attendees made of their proposals. Also, Scott Kupor of Andreessen Horowitz reveals the secrets of success in the world of venture capitalism. And, why the future of gaming is in the cloud. Rachana Shanbhogue hosts

 

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Transcript

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0:00.0

They're not authors, but they help you shape your financial story.

0:04.0

They're not an airline, but they connect global businesses across nearly 160 local markets.

0:10.0

They're not interpreters that they listen to and understand their client's needs.

0:14.8

With global expertise and over two centuries of experience, Citi provides tools, insights and

0:20.8

guidance that helps clients thrive.

0:23.0

They're not just any bank, they are city.

0:26.0

Learn more at city.com slash we are city. City. You're listening to Money Talks on Economist Radio. I'm Rachshan Bog. Coming up on today's show,

0:47.2

how do you stand out in the high stakes world of venture capitalism?

0:51.0

Capital is no longer a scarce resource.

0:53.0

It's quite frankly a commodity now in this business.

0:55.0

And I think success or failure for all of us in this industry will be a function of whether we bring something else to the table.

1:01.0

And... Game company's plans to take it to the next level.

1:07.0

It's a bit like Netflix or Spotify for video games. But first on the 18th of November, Boris Johnson, Jeremy Corbyn and Joe Swinson, the leaders of three British political parties,

1:25.5

addressed the annual conference of the Confederation of British Industry, or CBI.

1:30.9

Each of them made their case for why they would secure the brightest future for British

1:35.8

businesses. The Conservative Prime Minister Boris Johnson made the case for his Brexit

1:41.4

deal. What this deal does is it gives business complete stability and certainty.

1:48.0

Labour leader Jeremy Corbyn refuted claims that he was anti-business. This is nonsense. It's not anti-business to be

1:57.5

against poverty pay. And it's not anti-business to want prosperity in every part of our country.

2:05.0

And Joe Swinson of the Liberal Democrats, champion small business.

2:09.0

Liberal Democrats are committed to helping small businesses who are the engine of our economy.

2:16.2

That's why Liberal Democrats would scrap business rates and replace them with a commercial

...

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