Inflation, Employment, and the Impact of AI Innovation

Air Date: November 2nd, 2025
Special Guest: Ross McNairn, founder of Wordsmith AI.
Hosts: Lord Willie Haughey and Sir Tom Hunter

This is a catch-up version of the weekly, Go Radio Business Show, Sundays between 11am-12pm with WYRE (www.trywyre.com)

Don’t miss it – PLAY and HIT SUBSCRIBE, and NEVER miss an episode!

01:13
Economic Indicators Explained
The hosts break down key economic watchpoints—unemployment, inflation, and deficit—and why they matter to everyday people.

01:58
Interest Rate Predictions & Goldman Sachs Forecast
A look at the Bank of England’s potential rate cut, Goldman Sachs’ betting-style forecast, and comparisons with the US and EU central banks.

03:54
UK vs EU Interest Rates: What’s the Difference?
Why is the UK’s rate higher than Europe’s? The hosts question economic strategy and policy divergence.

04:33
Petrofac’s Collapse & Job Risk
Discussion on Petrofac’s financial troubles, mismanagement, and the potential loss of 2,000 jobs in the North Sea.

06:02
Service Industry Vulnerability & Contract Losses
Willie reflects on the risks of relying on large contracts and the broader implications for service-based businesses.

06:54
Engineers’ vs Executives: Who Pays the Price?
Tom and Willie express concern for frontline workers affected by poor leadership and corporate scandals.

07:14
UK’s Decline in R&D Investment
Willie highlights the UK’s drop in research and development spending compared to global leaders like Korea and Spain.

08:52
Nvidia’s Meteoric Rise & AI’s Economic Impact
Tom shares insights on Nvidia’s $5 trillion valuation, its role in AI, and the broader implications for global markets.

11:57
AI in Business: Benefits, Risks & Hallucinations
Willie discusses using AI in his energy business, the efficiency gains, and the strange phenomenon of AI “hallucinations.”

13:25
AI Bubble Concerns & Robotic Warehousing
Tom describes futuristic warehouses with 98% automation and the societal impact of AI replacing human jobs.

15:00
Driverless Taxis & Union Challenges
The rise of autonomous vehicles and what it means for workers and unions in the transport sector.

16:30
Michael Burry’s Retail Bubble Warning
A look at the famed investor’s prediction of a consumer spending crash and what it could mean for retail.

17:17
Housing Crisis & Planning Delays in Scotland
Willie warns that housing targets won’t be met, and planning delays are worsening the crisis.

19:00
Centralised Planning Authority Proposal
Willie proposes a national planning body to streamline large developments and reduce delays.

20:11
Scottish Government’s £1B Underspend
Audit Scotland reveals a billion-pound underspend, sparking debate on resource allocation and poverty.

20:58
Ofgem’s Energy Debt Relief
Willie discusses Ofgem’s messaging around energy debt, arguing it’s misleading and unfair to struggling households.

22:07
Energy Anxiety & Mental Health Impact
A powerful segment on how energy poverty is affecting people’s wellbeing, based on Willie’s personal visits.

23:09
Meet Ross McNairn
Introduction to Ross, founder of Wordsmith AI, beaming in from Edinburgh. From Law to Tech: Ross’s Early Journey Ross shares how he left law 45 minutes after qualifying to pursue tech entrepreneurship.

43:35
Meet Davie Sneddon
Davy joins the “Board You Can’t Afford” to share his journey from engineering to sales leadership.

44:08
Sales Geek’s Mission & Franchise Model
How Sales Geek supports businesses with part-time sales directors and training.

Join the Conversation

What did you think of this episode? Email: goradiobusiness@go.co.uk
Follow us @thisisgoradio on Instagram, Facebook, LinkedIn and Tik Tok

For more Go Creative Podcasts, head to: https://thisisgo.co.uk/podcasts/
Facebook: https://www.facebook.com/share/1ATeQD...