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Host Stephanie Flanders talks with Bloomberg Economist Alexander Isakov, who estimates that Ukraine's economy would lose $20 billion a year, or about 10% of its pre-war GDP, should none of them return. (Bloomberg) -- Subscribe to Stephanomics on Apple PodcastsSubscribe to Stephanomics on Spotify Seventeen months after Russia invaded Ukraine, millions of Ukrainians remain scattered around the world, with no end to the war in sight. [Extracted from the article]

Host Stephanie Flanders talks with Bloomberg Economist Alexander Isakov, who estimates that Ukraine's economy would lose $20 billion a year, or about 10% of its pre-war GDP, should none of them return. (Bloomberg) -- Subscribe to Stephanomics on Apple PodcastsSubscribe to Stephanomics on Spotify Seventeen months after Russia invaded Ukraine, millions of Ukrainians remain scattered around the world, with no end to the war in sight. [Extracted from the article]

Transcript: Mervyn King Says the Bank of England Is Making a "Big Mistake" And therefore we could see it over the rest of this year, you know, a significant fall in inflation, which might change people's perceptions about whether or not the Bank of England can regain control of inflation. The idea that you can, you can always create inflation if you print enough money and you can always get rid of inflation if you come down on it hard enough, which brings us to the next bit, which was because of that original mistake, the Bank of England, like other central banks, failed to take action soon enough. Well, if you have a central bank saying we assume that inflation will always come back to 2%, what you've done is to replace Milton Friedman's maxim that inflation is always and everywhere a monetary phenomenon by a new maxim that says inflation is always and everywhere a transitory phenomenon. [Extracted from the article]

Aldrick joins hosts Francine Lacqua and David Merritt to discuss what attendees of this year's Davos conference are saying about the UK. (Bloomberg) -- Subscribe to In The City on Apple podcastsSubscribe to In The City on Spotify The Labour leader Sir Keir Starmer and his chancellor Rachel Reeves arrived in Davos on Wednesday as they step up their business-charm offensive. [Extracted from the article]

A string of high-profile flops and snubs has dented investor confidence, the most recent being SoftBank reconsidering whether to bring back UK chip designer Arm to the London market with a partial listing, in light of political upheaval. (Bloomberg) -- Subscribe to In The City on Apple podcastsSubscribe to In The City on Spotify London's stock market is facing the quietest period for listings since the financial crisis. [Extracted from the article]

(Bloomberg) -- Since the start of Russia's war on Ukraine, the UK government has sanctioned more than 1,000 people and 120 businesses. Knowles says that growing divide has led London to become "an experiment in the coexistence of wealth and want.". [Extracted from the article]