The Rest Is Money 208. Have We Just Surrendered Our Economic Independence To The US?
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Sep 17, 2025 
Andy Haldane, former Chief Economist at the Bank of England and chair of the East Midlands Inclusive Growth Commission, discusses the urgent need for hyper-local economic strategies. He highlights the importance of empowering mayors and aligning education with local job markets. The conversation touches on the potential risks of US dominance in AI infrastructure and how it impacts the UK’s economic independence. Haldane also explores gaps in careers advice, the significance of lifelong learning, and innovative vocational pathways for skill development.
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Start Careers Advice In Primary School
- Implement universal careers advice and work experience from primary school onwards through schemes like 'Youth Ambition'.
- Give children early, repeated exposure to workplace options to create seamless progression into employment.
AI's Adoption Timeline Has Collapsed
- AI adoption is happening at near‑instant speed, shrinking the lag between technology and economic impact.
- This rapid diffusion increases the risk of disruption and requires foresight in retraining and policy.
Scale Degree Apprenticeships Now
- Expand degree apprenticeships to combine work and learning and redeploy the apprentice levy to support universities.
- Use employer‑linked pathways to make transitions smoother for learners and firms.