Director Podcast

As geopolitical tensions continue to disrupt global energymarkets, UK businesses are facing persistently high energy costs and renewed uncertainty over supply. Against this backdrop, questions are growing about whether the UK’s energy system is fit for purpose - and why our industrial electricity prices remain among the highest in the G7.
In this episode, Alex Hall‑Chen (IoD Principal Policy Advisor for Energy and Sustainability) joins host Ben Walker to examine what the current energy crisis means for UK business.
Together, they explore why UK energy prices are so high, how exposed businesses are to future shocks, and why short‑term support measures like the British Industry Competitiveness Scheme fail to address the underlying problems in the energy market. They also discuss the case for structural reform - including decoupling electricity prices from gas - and what government must do to deliver a more affordable, secure and competitive energy system.

As the government continues to prioritise economic growth, questions are mounting over whether its strategy is delivering meaningful results. Against a backdrop of recent geopolitical shocks and domestic political pressures, the challenge of balancing long-term growth with short-term stability has become increasingly acute.
In this episode, Anna Leach (IoD Chief Economist) and Giles Wilkes (Institute for Government Senior Fellow) join host Ben Walker to assess whether the government’s growth plan is really working.
Together, they examine the government’s record against its own growth ambitions, and explore whether it can realistically deliver a stronger, more resilient economy in the current climate. They also consider the tension between building the foundations for long-term growth and the political imperative to maintain public support, asking whether these goals can truly be aligned.

In this snap reaction episode, Anna Leach (IoD Chief Economist) and host Ben Walker break down the Chancellor’s Spring Forecast and the latest outlook from the Office for Budget Responsibility. With no new tax announcements but higher public spending and shifting fiscal headroom, what does it mean for business confidence and competitiveness?
We explore downgraded growth projections, pressure on the labour market, rising employment costs, and why the UK’s economic outlook is becoming increasingly fragile.

As geopolitical tensions rise and protectionist policies re-emerge, the global trading environment is becoming increasingly fragmented. Against this backdrop, the UK government has maintained a globalist approach, seeking to balance its relationships with the US, EU and China. But how sustainable is that strategy in a more divided world?
In this episode, Emma Rowland (IoD Trade Policy Advisor) and Marco Forgione (Director General of The Chartered Institute of Export & International Trade) join host Ben Walker to assess the viability of balancing Britain’s major trading partners.
Together, they explore the opportunities and trade-offs across priority markets, the case for - and risks of - closer regulatory alignment with the EU, and whether ideas such as dynamic alignment or cooperation among middle powers offer a workable path forward. They also consider if retaliatory tariffs should ever be part of the UK’s toolkit, and what practical steps businesses should take to navigate a more uncertain global trading landscape.

“NEDs Reimagined: A post-Higgs review of the role and contribution of non-executive directors” is a landmark report from the IoD’s independent Commission chaired by The Rt Hon. Baroness Evans of Bowes Park.
The report calls for a fundamental rethink of what makesboards effective in today’s complex business environment – more than two decades after the influential 2003 Higgs Report first set the blueprint for non-executive leadership in the UK.
While the principles of the Higgs Review remain vital, the IoD Commission argues that the time has come for boards to evolve from a model of periodic oversight to one of active, informed, and adaptive stewardship.
In this episode, Jonathan Geldart (IoD Director General) andIrene-marie Esser (author of the report) take a look at what the Commission investigated, the key themes emerging from its work, and the implications for boards and non-executive directors in practice.