When The Facts Change – with Liam Halligan – Episode 12 скачать в хорошем качестве

When The Facts Change – with Liam Halligan – Episode 12

The Bank of England's latest rate cut, Labour's net-zero rules and the latest from Javier Milei's Argentina In this latest episode of the When The Facts Change Show, Liam Halligan talks to Dr Gerard Lyons, Chief Economist at Netwealth and a former Chief Economist at Standard Chartered – one of the world’s leading investment banks. Liam and Gerard hold a detailed discussion about the Bank of England's latest decision to cut UK policy rates from 4pc to 3.75pc in December – after a knife-edge 5-4 vote by members of the Monetary Policy Committee. With UK inflation still up at 3.2pc, way above the Bank’s 2pc target and significantly higher than other G7 nations, Liam opposed that rate cut. But Gerard – himself a previous candidate for Bank of England governor – argues that inflation is falling and this sixth rate cut since August 2024 is warranted given sluggish GDP growth. Beyond the Bank of England, this WTFC show discusses the future of Labour’s upcoming ban on the sale of new petrol and diesel cars – due to bite in 2030. But the European Union has lately made major changes to its net-zero rules, pushing its ban on the sale of new petrol and diesel cars from 2035 to 2040 at the earliest. The EU’s latest move leave’s the UK’s Labour government isolated, given Energy Secretary Ed Miliband’s ongoing insistence on a 2030 target. Liam chats with Robert Forrester, co-founder and CEO of Vertu Motors, the UK’s third-largest car retailing chain and a major voice in the automotive sector, in Britain and across the world. And finally, Liam talks to investment analyst Robert Marstrand, who writes the OfWealth Substack, who joins the show from Buenos Aires, Argentina Liam and Robert discuss the leadership of Argentina's President Javier Milei, who some dub an anarcho-capitalist, has been in power for two years now – and seems to be making huge progress. While there have been protests, Milei’s popularity has been rising, as he’s slashed back the civil service, reined in a kleptocratic state and brought inflation down from well over 200pc to less than 30pc – with Argentina now being cited by some Western politicians as an inspiration for our own much needed reforms This show was first broadcast on Liam Halligan's "When The Facts Change" Substack on December 19th 2025. For early access to the show and all Liam Halligan's interviews, subscribe to his Substack: https://liamhalligan.substack.com/sub... Follow him on X: @liamhalligan 00:00 Bank of England's Rate Cut Analysis with Dr Gerard Lyons 03:44 Debate on Economic Policy and Inflation 11:42 Global Economic Influences and Future Predictions 19:53 The Automotive Industry's Transition Challenges with Robert Forrester 33:58 The Impact of the UK’s Zero Emissions Vehicle Mandate 42:09 Argentina’s Economic Revolution Under Javier Milei with Robert Marstrand 59:10 Lessons from Argentina for the Western World 01:06:53 The Future of Economic Policy in the UK with Dr Gerard Lyons