Macrodose - Inflation, austerity and the wage-price spiral

On the first episode of Macrodose James Meadway breaks down the the
OECD warning that the UK’s growth prospects are the worst of all
the G7 countries (1:06); the austerity 2.0 measures of Rishi
Sunak’s government (6:05); and the new IMF report on inflation,
which debunks the idea that advanced economies, like the UK, are
experience rising prices due to an increase in worker pay (13:05).