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Trading Up
The Irish News
71 episodes
4 days ago
Trading Up hosted by Jim Fitzpatrick and produced in association with EY, delves into the real businesses, personal stories, and remarkable journeys of entrepreneurs. Discover insights on risk, resilience, and business growth from diverse founders and leaders in businesses big and small across various industries. Tune in weekly for inspiring entrepreneurial learnings.

Hosted on Acast. See acast.com/privacy for more information.

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Entrepreneurship
Business,
Management
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All content for Trading Up is the property of The Irish News and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Trading Up hosted by Jim Fitzpatrick and produced in association with EY, delves into the real businesses, personal stories, and remarkable journeys of entrepreneurs. Discover insights on risk, resilience, and business growth from diverse founders and leaders in businesses big and small across various industries. Tune in weekly for inspiring entrepreneurial learnings.

Hosted on Acast. See acast.com/privacy for more information.

Show more...
Entrepreneurship
Business,
Management
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Rupert Soames: the CBI Chair and Churchill's Grandson on rebuilding economic ambition
Trading Up
55 minutes 43 seconds
1 week ago
Rupert Soames: the CBI Chair and Churchill's Grandson on rebuilding economic ambition

Dive into the massive challenges facing the UK economy with Rupert Soames, Chair of the CBI. Known for running difficult and massive companies like Serco and Aggreko, he describes his "horrible habit of walking towards gunfire" when it comes to choosing which jobs to take. He recounts his bold turnaround strategy: telling employees to “bring out your dead” to fix underlying issues and win back trust. His plucky attitude to such challenges may be reflective of his family background, as a grandson of Winston Churchill. But even this distinguished heritage comes without its own issues to navigate.

With the discussion examining the big economic picture, he's mindful that the UK’s GDP per capita has effectively flatlined since 2010, lagging far behind the US. He addresses the staggering national debt accrued since COVID, noting that interest payments on government debt have dramatically soared. He suggests that the growing maturity of AI could be the key to unlocking improved quality and reduced costs in public services. He also weighs in on tax burdens on businesses and celebrates the resilience of ambitious small and medium-sized enterprises in Northern Ireland. He emphasises that the UK needs "a bit of bloody ambition" to secure the kind of growth that would transform the economy, public services and the general mood.


Brought to you in association with EY.


The views and opinions expressed by guests on this podcast are their own and do not reflect the views or positions of EY or its other member Firms. EY proudly sponsors the Trading Up podcast but does not endorse or take responsibility for any statements made by individual guests. The Trading Up podcast is for informational and entertainment purposes only and does not constitute professional advice.


Hosted on Acast. See acast.com/privacy for more information.

Trading Up
Trading Up hosted by Jim Fitzpatrick and produced in association with EY, delves into the real businesses, personal stories, and remarkable journeys of entrepreneurs. Discover insights on risk, resilience, and business growth from diverse founders and leaders in businesses big and small across various industries. Tune in weekly for inspiring entrepreneurial learnings.

Hosted on Acast. See acast.com/privacy for more information.