How do we get back to growth?

Should the British government change direction? And will the euro break up and inflation take off? UBS's George Magnus talks to Merryn Somerset Webb on what he sees in store for Britain.

Last week UBS held a conference in Edinburgh. They didn't invite me. I was as shocked as I imagine you are. So I went anyway and hung around until the girls handing out name badges agreed to go and get George Magnus for me.

I've been meaning to interview him for ages, and this seemed like a good way to do it without having to spend ages fiddling around with diaries. Luckily, Magnus said he wanted to talk to me too (what grace!) and that he didn't mind in the least being door-stopped at the Balmoral Hotel.

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Merryn Somerset Webb

Merryn Somerset Webb started her career in Tokyo at public broadcaster NHK before becoming a Japanese equity broker at what was then Warburgs. She went on to work at SBC and UBS without moving from her desk in Kamiyacho (it was the age of mergers).

After five years in Japan she returned to work in the UK at Paribas. This soon became BNP Paribas. Again, no desk move was required. On leaving the City, Merryn helped The Week magazine with its City pages before becoming the launch editor of MoneyWeek in 2000 and taking on columns first in the Sunday Times and then in 2009 in the Financial Times

Twenty years on, MoneyWeek is the best-selling financial magazine in the UK. Merryn was its Editor in Chief until 2022. She is now a senior columnist at Bloomberg and host of the Merryn Talks Money podcast -  but still writes for Moneyweek monthly. 

Merryn is also is a non executive director of two investment trusts – BlackRock Throgmorton, and the Murray Income Investment Trust.