Welcome to our podcast series where we'll be exploring the outlook for the UK and global economy. Throughout the year, our economists will be sharing their insights and perspectives on key economic events and the implications for business, in short episodes lasting between 5-10 minutes.
New episodes will be regularly added on a range of topics from identifying pockets of opportunity in the global economy, to the benefits of female economic empowerment and the potential impact of technology on jobs. Sign up to listen to the podcasts on your desktop or mobile device, using one of the options below.
Building back greener is now an urgent imperative, but how can policymakers ensure that the green transition works for all countries and all people? In this episode, Hannah Audino talks to Zlatina Loudjeva and Jack Steenson from PwC's International Development team about the benefits and challenges of the green skills agenda and what policymakers can do to prevent widening global inequalities.
After a year of low inflation across the UK, US and the eurozone, economists are now turning to the question of whether inflation might make a comeback this year, as economies recover from the pandemic. In this bonus episode, Hannah Audino and Barret Kupelian, economists at PwC, explore the outlook for inflation this year, focusing on the US and considering the implications for the UK.
In this episode, Freddie Martin discusses the results of PwC's latest Good Growth for Cities index with George Mason, an economist at PwC, and James Bowman, a South-East and London PwC Consulting partner specialising in local government transformation. Ten years after its launch, and as we recover from another global crisis, we reflect on what economic wellbeing really means, and how policymakers can support levelling up for the recovery across the UK's regions.
You can listen to the Business in Focus podcast on Good Growth for Cities and local recovery strategies on the PwC site, iTunes or Spotify.
Projecting what the future holds is an important exercise for businesses and governments looking to plan ahead. In this podcast, Hannah Audino speaks to Barret Kupelian and Rob Clarry from PwC's Economics team to discuss the key trends we expect to come to the fore in the global economy in the year to come. You can read more in our latest Global Economy Watch.
In this episode our co-host Freddie Martin is joined by Steve Davies, PwC's Global Blockchain leader, and Jonathan Gillham, who leads PwC UK's Economics team, to discuss blockchain, the technology that is revolutionising how we share and store data, with the potential to add an estimated $1.76 trillion to the global economy by 2030.
To find out more, please visit PwC's blockchain page, where you can download a copy of our 'Time for Trust' report and explore the results of the analysis mentioned in this episode.
Virtual and Augmented reality were once seen as the domain of the entertainment industry, used mainly in gaming and social media. However, as these technologies have developed and the number of use cases have grown, an increasing number of sectors, from health services to product development, are beginning to harness the potential of VR and AR. Jeremy Dalton, a VR and AR specialist, and Ryan Hamilton, a PwC economist, join Freddie Martin in the studio to discuss the impact that VR and AR will have on the UK economy and give advice for businesses looking to adopt these technologies.
To find out more, please visit PwC's virtual reality page, where you can download a copy of our 'Seeing is Believing' report and explore the results of the analysis mentioned in this episode.
If you’d like more information on the solutions VR and AR are providing throughout the COVID-19 crisis, you can listen to ‘PwC’s Business in Focus podcast’ episode with Jeremy.
In this episode, we talk to our outgoing Chief Economist John Hawksworth, to mark his retirement after 34 years with the firm. John reflects on the development of the UK economy over the past four decades - the key trends, challenges and lessons learnt. We discuss the opportunities facing the UK economy and also touch upon the ongoing COVID-19 pandemic.
Governments and other public sector bodies are under increasing scrutiny from taxpayers to demonstrate that investment of government resources represents good value for money for society. This means that it is no longer enough to look at the traditionally monetised economic benefits but it is also important to capture wider impacts on society. In this podcast, Hannah Audino talks to Ioanna Sikiaridi and Alisha Kapoor, strategy consultants at PwC, to understand how they use economics and strategy to help public sector organisations integrate wider impacts - economic, environmental, social - when developing their strategy and making investment decisions. Find out more
Values in society are being reassessed, external stakeholders are gaining more influence and Government policy and regulation are changing. We are now seeing customers and employees wanting to engage with companies that share their values and are increasingly demanding companies to demonstrate their positive contribution to society. In this podcast, Hannah Audino talks to Ioanna Sikiaridi and Priya Ravidran, strategy consultants at PwC, to understand how they use economics and strategy to help companies understand their impact on consumers and wider society, communicate to their stakeholders and integrate impact within their strategy to sustain long-term growth. Find out more
In this podcast, we discuss the potential impact of drones on the UK economy, drawing on findings from PwC's "Skies without limits" report. We discuss the benefits and the risks of increasing drone uptake across industries, and how governments and businesses can best utilise drones to increase productivity and realise net cost savings of a potential £16bn to the UK by 2030.
In April of this year PwC published a groundbreaking report, "How AI can enable a sustainable future", commissioned by Microsoft, which estimated the potential economic and environmental benefits of using AI technology to address climate change and promote sustainability. The report found that using AI applications across four sectors (agriculture, water, energy and transport) could reduce greenhouse gas emissions by 4% in 2030 and contribute up to $5.2 trillion to the global economy. In this episode we are joined by two of the economists behind this analysis, Saloni Goel and Edmond Lee, to discuss these results in more detail and the implications they have for businesses and policymakers globally.
UK employment levels are at record highs, but is there more that we can do to encourage further participation in the workforce and what are the potential gains to be made? In this episode we talk to John Hawksworth, chief economist at PwC, about the UK's current labour market performance and what lessons we can learn from other OECD countries about harnessing the potential of three key demographic groups - women, under 25s and over 55s. For more information, please see our July 2019 UK Economic Outlook Report.
What's ahead for the future of the UK economy? Looking in particular at GDP and debt, we consider historical and current trends to take a long-term view on the outlook for the UK economy.
Listen on: iTunes
After the financial crisis, banks were subjected to a global overhaul of the entire regulatory system. 10 years down the line, Nick Forrest, head of our Financial Economics team explains how this has actually affected banks, and the banking sector as a whole. Read more in our report with AFME
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Labour markets in most advanced economies have (almost) never been better - but wages haven't really picked up. Our Senior Economist, Barret Kupelian, explains what's driving this disparity and what it could mean for businesses.
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Organisations are increasingly using Behavioural Economics (BE) to improve the way they interact with customers by better understanding their behaviour. Suresh Natarajan, who leads our BE practice, shares his experiences of using BE to help clients, and his views on where the field may be headed.
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In an era of geopolitical transformation, what do financial markets tell us about country risk premia? Economist Rob Vaughan shares the latest trends from our country risk premium model, and how this insight can help companies manage country risk.
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Nick Forrest, our Head of Financial Services in Economic Consulting, explains how he and his team used economic principles and methods to help The CityUK develop a strategy for the Financial Services Sector.
Listen on: iTunes