Rishi Sunak: We need a cultural change to make people invest, not a policy change

In a recent episode of MoneyWeek Talks, Rishi Sunak discussed the pressing need for a cultural shift to encourage investment among the public. He argued that simply changing policies is insufficient; instead, a transformation in mindset is essential. Sunak pointed out that improving numeracy skills is vital for enhancing financial literacy, which in turn can significantly boost the economy. This perspective aligns with ongoing discussions about the importance of education in financial matters, suggesting that a well-informed populace is more likely to engage in investment activities. By focusing on cultural change, Sunak aims to create an environment where individuals feel empowered to invest, ultimately contributing to economic growth.