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Viewsroom: Basket-case Britain; Gambling in Macau

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 30 September 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

Trucker shortages, partly thanks to Brexit, have been blamed for all manner of UK economic hardships, from toilet paper scarcities to long queues at petrol stations. Ed Cropley and Peter Thal Larsen explain. And our columnists in Hong Kong discuss casinos and investment banking.  See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The views expressed on this podcast are those of the participants, not of Rojorders' news.

0:08.7

Trucker shortages have been blamed for all manner of economic hardships in the UK, from

0:12.9

toilet paper scarcities to long petrol station queues, our columnists discuss basket case

0:18.1

Britain, as well as Asian casinos and investment banks.

0:21.6

Tune in.

0:23.6

Welcome to the Views from. I'm Rob Cox, the editor of Breaking Views, financial commentary

0:27.6

arm of Reuters News, coming to you this week from Milan.

0:30.6

Britain looks like a bit of a basket case, as a shortage of truck drivers has been blamed for a variety of economic ills. These include

0:38.1

long queues at petrol stations and even empty shells that should be filled with, among other

0:43.4

things, toilet paper. A lot of this can be blamed on the UK's decision to leave the European

0:48.1

Union and the country's tightening of immigration rules, but there are other factors at work too,

0:52.2

as Ed Crawley and Putathle Larson in London explained.

0:55.9

After that, I chat with Jen Hughes and Katrina Hamlin in Hong Kong about gambling and investment banking.

1:00.7

For the avoidance of doubt, we are not calling investment banks casinos,

1:04.4

rather discussing the latest from the renewal of gambling licenses in Macau, the Chinese territory,

1:09.7

and the retirement of one of China's best-known ray makers.

1:13.1

Give a listen.

1:16.7

So Britain looks to be a bit of a basket case.

1:19.1

Electricity is in short supply, petrol stations,

1:23.5

there's huge queues, and even toilet paper

1:27.0

seems to be hard to find. Ed Cropley, you've written

1:30.4

about some of these issues. Try to pull it all together. What's what kind of basket case is

...

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