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The Bottom Line

Factual: Money

Evan Davis hosts the business conversation show with insights from the people at the top.

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The Bottom Line: 04/06/2009

04/06/2009

BBC Radio 4 - The Bottom Line, 04/06/2009

Evan Davis and guests consider whether we have entered a new era of austerity.

Evan Davis and guests Shumeet Banerji, Rita Clifton and Hugh Hendry consider whether we have entered a new era of austerity. Is there light at the end of the economic tunnel?

Evan Davis and guests consider whether we have entered a new era of austerity. Are we growing vegetables in our gardens at home, instead of dining out at expensive restaurants? Are we turning up our noses at gas-guzzling cars, not just because we can't afford them, but because they offend our new sensibilities of prudence and caution? 

Evan talks to Dr Shumeet Banerji, chief executive of management consultants Booz and Co, Rita Clifton, chairman of Interbrand London, and hedge fund manager Hugh Hendry, founder of Eclectica Asset Management, about whether they believe we are in for a long, hard slog or if they can see light at the end of the economic tunnel. 

They also discuss the subject of consultants; with two of them on the panel, Evan quizzes them about why they have such a bad name. Is there really any justification for highly-paid senior executives to pay someone else to help them make their decisions?

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The Bottom Line

04/06/2009

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