Guy Hands on how he'd run the U.K. if it was a company

The transcript discusses the need for honesty in addressing economic and social issues, highlighting the responsibility of political leaders in the UK. It examines systemic problems and the necessity for political change, especially in light of Brexit. The discussion includes comparisons of different governance models and emphasizes the importance of adapting to modern challenges, such as multiculturalism and wealth inequality.

In what ways does the text suggest that the current political system is outdated?

What is the proposed approach for the political class to engage with the population?