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Bloomberg Surveillance

Surveillance: U.K.'s Tories Vs. Labour With Cavendish

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 11 December 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

Roger Bootle, Capital Economics Founder & Chairman, says the U.K.'s Conservative Party has been inching toward the center of the political spectrum. Camilla Cavendish, Former Head of Policy for U.K. Prime Minister David Cameron, says the Tories are aspiring to be the voice of the working class. Lale Topcuoglu, JOHCM Senior Fund Manager, says Chairman Powell has been very clear he does not see us at QE. Wendy J. Schiller, Brown University Chair of Political Science, discusses the history of impeachment in the House and Senate. And David Blanchflower, Author & Dartmouth Professor of Economics, says employment rates are still below where they were a decade ago.

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Transcript

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0:00.0

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0:07.0

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0:11.0

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0:16.2

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0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg

0:24.6

dot com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

0:43.3

Daily, we bring you insight from the best in economics, finance,

0:47.1

investment, and international relations.

0:49.7

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com and of course

0:56.2

on the Bloomberg.

0:57.2

Pleased to say that joining us in London to continue the conversation ahead of tomorrow's

1:00.5

general election, Roger Boodle joins us now, Capital Economics, Founder and Chairman.

1:05.2

Good day to you, Roger. Great to see you.

1:07.2

Hello. Just walk me through what's at stake in the next 24 hours.

1:10.9

Well, it's difficult to exaggerate how important this election is. I think on

1:14.1

the whole elections don't make much difference by the way at least UK ones don't because

1:18.0

in the end the politicians do much the same thing. This election is not like that and And on the left and the Labour Party, the lead of the Labour Party, is effectively a sort of Marxist. His right-hand man is a Marxist. If they were to form a government we would have policies in this

1:35.7

country more left-wing than anything we've ever seen before. Now on the other

1:39.2

side the Conservatives is going to be much the same as we've had over the last five years.

1:43.2

To be very clear here, Roger, that's not an accusation.

1:45.2

They are very open about being socialists.

1:47.4

They're very open about being extremely left-wing.

...

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