0:00
is it possible at all for this to become
0:01
a country again that enjoys a 2.5%
0:04
growth rate yes how can it be done yes
0:07
look I think you didn't hand over a
0:08
country enjoying a 2.5% grce rate no and
0:11
as I say I mean we handed over a country
0:13
that was growing not shrinking we're now
0:14
in a per capita recession but but I
0:17
don't disagree with your basic premise
0:19
that the the big issue is how do you get
0:21
good proper growth how do we get our
0:23
mojo back if you like I think that's
0:25
particularly true of the city of London
0:28
a financial center you're not bluntly
0:29
going grow the UK economy anyway unless
0:32
you've got that big engine of growth uh
0:34
here in London doing its job and
0:36
allocating Capital to businesses um and
0:39
I think it's on a number of levels I
0:41
think you do need that real sea change
0:44
amongst Regulators don't want to go too
0:46
back in the past but the the the
0:48
blairite revolution did some good things
0:50
it brought people into sort of The Wider
0:54
orbit of government with arms length
0:55
Regulators who had experience
