Mills: Airport Indecision Has Been Damaging to U.K.

The transcript discusses the role of government in foreign exchange markets, particularly in the context of Brexit, and the need for an exchange rate target. It highlights the impact of foreign investments on the UK's industrialization. The conversation shifts to the debate over expanding airport capacity, focusing on the political challenges and the need for a decision between Heathrow and Gatwick. The discussion emphasizes the importance of overcoming local opposition to achieve a bipartisan policy on infrastructure development.

What are the arguments for having a more active government in FX markets?

How does the influx of money into the country affect the exchange rate?

What is the significance of the decision between Heathrow and Gatwick for the business community?

What are the potential consequences of the indecision regarding airport capacity?

What challenges exist in achieving bipartisan policy on airport expansion?