Can ANYONE fix our economic mess? | Former Sainsbury’s CEO Justin King on business, govt & prices

Описание: Former Sainsbury’s CEO Justin King joins Robert Peston to challenge the political narrative around the UK’s "cost of living crisis."

In a lively exchange, King argues that the data doesn't support the idea that people are materially worse off, while warning that government tax burdens are actively destroying job prospects for young people.

They also discuss the Labour government’s relationship with business, job creation for young people, the reality of supermarket profit margins, and why the "price cap" might be misleading consumers.

Key Moments:
00:00 - Introduction: Is business disillusioned with the government?
01:25- Justin King on why taxing jobs is hurting the young
02:30 - Andy Burnham’s "Greater Manchester Model"
04:15 - Has growth actually benefited the majority since 2008?
04:36 - “It’s simply not true”: King challenges the cost of living data
05:18 - Breaking down the household cost chart: Energy vs. Food
08:15 - Are supermarkets profiteering? King defends the UK retail sector
10:30 - The truth about price caps and the impact on inflation
11:58 - Renewables, fracking, and the energy consumption crisis

Peston is ITV’s flagship political programme, bringing you analysis, debates, and interview exclusives on the latest in current affairs.

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