Welsh Recession Worries

Bloomberg UK Politics

Vaughan Gething, Welsh Economy Minister and Labour Senedd member, says he's concerned about the prospect of a recession amid the cost of living crisis. He tells Bloomberg's Yuan Potts and Stephen Carroll he would like Cardiff to have more budgetary and borrowing powers, and see a more 'pragmatic' approach from the government to tackling labour shortages. Also in the show, Tony Wilson from the Institute for Employment Studies discusses the wave of strikes in the UK, and the capacity employers have to raise wages in the face of high inflation.

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