How can Keir Starmer - or whoever leads the country next - help to turn the UK’s around? Simon French, Managing Director, Chief Economist and Head of Research at Panmure Liberum joins John Stepek to discuss former UK Prime Minister Tony Blair’s 5000 word prescription for the UK economy, the growing backlash towards Net-Zero policies and why the UK is at risk of sliding towards another "Liz Truss Moment." 00:00 Introduction: The Political and Economic Battle to Shape Britain’s Future 01:30: The impact of the UK’s energy price cap on inflation and the wider economy 06:06: How might the Bank of England respond in regards to interest rates 11:30: Gilt market response to Labour’s internal battles and Tony Blair’s intervention 24:00: The response of financial markets to a left-leaning Labour leader 27:00: A key policy idea that may help Britain out of economic crisis Sign up for the Merryn Talks Money newsletter: https://www.bloomberg.com/account/newsletters/merryn-talks-money Sign up for the Money Distilled newsletter https://www.bloomberg.com/account/newsletters/money-distilled Watch Bloomberg Vodcasts: https://www.youtube.com/playlist?list=PLe4PRejZgr0MS0Tqk_zQl1LVVTdWuH2Di Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit us: https://www.bloomberg.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg For coverage on news, markets and more: http://www.bloomberg.com/video