The City View: Lord Barker on the ‘compelling case’ to extend the furlough scheme
Subscribe to The City View Podcast: Apple / Google / Spotify / RSS
In this episode Christian talks to former energy and climate change minister Greg (now Lord) Barker, who currently sits as executive chairman of Russian energy and metals giant EN+ Group. Lord Barker begins by assessing the current economic conditions and says there is a compelling case to extend the multi-billion-pound furlough scheme. He also calls for more targeted financial support for businesses. Turning to infrastructure, he makes the case for a greater market value for low-carbon aluminium (as opposed to heavy carbon Chinese aluminium) and talks about his work rolling out electric vehicle fast-charging points. Finally, he answers questions about the debate surrounding members of the House of Lords with links to Russian businesses and, mindful of the controversy around his own current role, says there is a case for greater transparency and reform.
Also in this episode, Christian discusses the latest economic data and what can be done to aid the recovery; Natwest’s job cuts; and Doc Martens’ decision to return the furlough money they called upon during the lockdown.
In association with ETX Capital
ETX Capital is one of the UK’s leading spread betting and CFD trading providers, offering services to retail, institutional, professional and high net worth customers via an award-winning trading platform. With over 50 years of experience in the financial markets, customers and service are always put first at ETX, and the company prides itself in offering a tailor-made trading experience to every customer. The multi-device TraderPro platform delivers a fully customisable, award-winning trading technology with customisable charts, instant execution and over 5,000 markets to trade.
Disclaimer: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when spread betting or trading CFDs with ETX. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721. ETX Capital provides an execution-only service and therefore any market analysis, opinion, commentary or other information provided during this webinar is for educational purposes only and is not intended to be a personal recommendation or construed as advice. ETX Capital and the presenter are not financial or investment advisors and do not recommend any instrument of any kind. Any instruments that are mentioned throughout are cited only for illustrative and educational purposes.