Skip to main content
Chris Hare

Chris Hare

Senior European Economist at HSBC and Sussex historian, writer, and community educator.

Aug 19, 2026

5:07
Tell us about how you're getting the raw material and what you're doing with kind of the product and where is your main challenge at the moment.
5:14
Yeah, certainly.
5:15
Let's start with the good stuff.
5:16
The good stuff is there are approximately three hundred and thirty million passenger car and light truck tires that are discarded every year in the US alone.
5:24
That number translates to about one and a half to maybe even two billion tires a year globally.
5:30
So there's not exactly a shortage of waste tires.
5:34
Having said that, the challenge would be if we were going door to door.

17 MINS LATER

22:27
Uh, tell me a little bit about how you went from kind of managing some, some, some big initiative at Sony Ericsson to, to that startup business and, uh-
11:42
So how did people respond? What did they say?
11:44
Yeah, so I didn't get anybody saying, I disagree with you.
11:48
I think this is a good idea.
11:50
Honestly, not one person.
11:52
So the responses I got were twofold.
11:55
I got people who broadly agreed with me and then other people whose attitude was, well, I don't know why you're bothering, it's going to happen anyway, which unfortunately is a symptom of the cynical times that we live in.
12:09
My perception is that people are so jaded with politics and politicians that whenever they hear them speak, they assume that it's lies or nonsense and you know this is a very serious situation to get into because democracy depends one on people being informed and two on people being engaged and if people are neither you have to start asking yourself is this really a democracy And in terms of these proposals, not just the devolution proposals, but also the local government reorganisation proposals, I come back to the point, who wants this? Why has it been done? And if it does happen, and it looks like it will happen, will people engage with it? My interest in history is what it tells us about the present.
15:50
So is this not an opportunity to fundamentally change that root and branch rather than just changing the facial or rearranging the deck chair?
AndyHOST
13:09
They already think they know what they're talking about, but really, nutrition must play a massive part in it when you're on the golf course.
13:17
Oh, yeah.
13:17
Because everyone's, and again, that's what we try and teach.
13:21
Everyone's different.
13:21
So we're trying, again, at the foundation, we're trying to teach them all to almost find their own way.
13:26
With the guidance you're trying to give them.
13:27
I mean, some of the tour events will be four, four and a half hours long.
AndyHOST
18:30
can do from there Can you give us a wee insight for that kind of group of people there if they only have let's say they've only got maybe 20-30 minutes maybe 2-3 times a week is there anything that from a golf perspective that you would you know try and sort of educate them this is what you should be doing 2-3 times a week let's do some more jumping or would you try and get them to do more core work or would it be weights is it all dependent again on that individual then oh
4:08
OK, so the big question is where next? And you said that policymakers surprised you with their guidance or their hints about what might come next.
4:17
I would say a couple of modest surprises.
4:19
For example, the inflation forecast or the core inflation forecast, excluding food and energy in 2028, it was raised a little bit to 2.2%.
4:29
That doesn't sound massive in the grand scheme of things, but maybe it's a slight signal.
4:33
of a view of some persistence in inflation, there was something there.
4:37
Christine Lagarde said that the rate rise today was unanimous and there was no alternative option like a rate hold.
4:43
That wasn't even considered.
6:33
So what do we think the Bank of England is going to do at its next meeting?
3:03
When it comes to the labor market and economic activity, how did the data look there?
3:08
A bit of a mixed bag, to be honest.
3:10
If you look at the Eurozone unemployment rate, it's at 6.3%.
3:15
That's very close to a record ever low.
3:18
Uh, but at the same time, maybe a lot of that is a kind of more structural story delivered as part of a success story for, uh, Southern Europe in, in particular.
3:27
But actually, if you look at other indicators in terms of job vacancies, they've come down very sharply or, or very appreciably from very high levels from three, four years ago.
3:36
Indicators of labor demand in the business surveys appear to be softening.
6:33
So what do we think the Bank of England is going to do at its next meeting?

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click “Accept All” to consent, or “Decline non-essential” to opt out of non-essential cookies. Read our Privacy Policy.