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Daily Politics from the New Statesman
Horror in the City at the Tories' mini-Budget, with the economist and former trader Gary Stevenson
Emma Haslett, The New Statesman’s associate business editor, speaks to Gary Stevenson, an economist and former trader for Citibank, a job he initially won in a card game. In 2011 he became the bank’s most profitable trader globally by correctly predicting the economy would not recover from the 2008 financial crash. In 2014 Stevenson quit his job, and he now campaigns against wealth inequality and educates people on economics via his YouTube channel, GarysEconomics.
They discuss the fallout from the Tories' disastrous mini-Budget and No 10’s attachment to trickle-down economics, as well as the reaction among Stevenson’s former colleagues in the City. Emma and Gary also offer their predictions for the economy this time next year.
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