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The Guardian - UK
The Guardian - UK
Business
Presented by Aditya Chakrabortty and produced by Phil Maynard

The Business: Labour's economic legacy

As Labour embarks on a summer of internal debate to elect a successor to Gordon Brown, we devote this week's podcast to a look back at the former prime minister's stewardship of Britain's economy – and how his party can move on from it.

In the studio are Larry Elliott, the Guardian's economics editor (and author of The Gods that Failed: How Blind Faith in Markets has Cost us Our Future), columnist Julian Glover, and Maurice Glasman from London Metropolitan University's politics department.

We discuss the evolution of Labour's economic policy from opposition in 1994 to the present day that took in the dotcom bubble, the years of growth and finally the crash.

And as the Republic of Ireland has its credit rating downgraded once again, Henry McDonald assesses the current round of cuts in Dublin – and what Britain can learn from their effect.

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