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The Intelligence Squared Economic Outlook 2026, with Martin Wolf

2026 is set to be another test of resilience for the global economy

2025 has been an unprecedented year. Donald Trump’s tariff war, conflicts in the Middle East, Sudan and Ukraine, and breakneck innovation in AI have put enormous pressure on the existing world order. Now 2026 is set to be another test of resilience for the global economy.

All eyes are on Rachel Reeves to deliver growth; how will the new Budget, anticipated to contain cuts and tax raises, shape the nation for the year to come? What does the rising wave of populism from left and right mean for the economic policies of incumbent parties in the UK, Europe, US and beyond? And how will the United States and China’s battle for supremacy continue to impact us all?

In February 2026, Chief Economics Commentator for the Financial Times Martin Wolf joined us to explore how these tensions will shape the world economy in the year ahead, and what new threats and opportunities could be on the horizon.

Widely regarded as one of the world’s most influential writers on the global economy and a multi-award-winning financial journalist, Wolf has been chronicling and analysing geopolitical and economic upheaval for nearly 40 years. He has written five bestselling books. His latest, The Crisis of Democratic Capitalism, maps out the implications of globalisation, technological development and the impact of democratic decline on the global economy.

In partnership with Guinness Global Investors.


Speakers

Speaker

Martin Wolf

Chief Economics Commentator at the Financial Times and author The Crisis of Democratic Capitalism


Chief Economics Commentator at the Financial Times. He was a member of the UK's Vickers Commission on Banking, which reported in 2011. He holds an honorary doctorate at the London School of Economics and is an honorary Fellow of Nuffield College, Oxford.He is a member of the International Media Council of the World Economic Forum. In 2000, he was awarded the CBE for services to financial journalism and in 2019 won the Lifetime Achievement Award at the Gerald Loeb Awards. His books include The Shifts and the Shocks; Why Globalization Works; and the upcoming The Crisis of Democratic Capitalism.
Chair

Jonny Dymond

BBC journalist


BBC journalist who presents shows across Radio 4 and the World Service radio, including Today and the World at One.