In this episode, Liam talks to John Penrose, the government’s competition Tsar. 

Penrose has been the Conservative MP for Weston-super-Mare since 2005, having previously worked for JP Morgan and McKinsey. He has also served as a minister in several government departments, including the Northern Ireland Office. 

In 2021, John wrote the “Power to the People”, a government-commissioned independent report on competition policy, designed to shape new laws to “make capitalism work for all” as the British economy develops outside the European Union. 

In this detailed interview, and ahead of the publication of an updated Penrose report later this year, John discusses his views on the Autumn statement, ways to improve consumer protection and the need to “reclaim supply-side economics”. 

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