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BURGESS
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Date: 2024-08-16 Page is: DBtxt001.php txt00023259
UK ECONOMY
ECONOMIC ASSESSMENT ... SEPTEMBER 2022
JoeBlogs: UK in DEEP TROUBLE as Sterling Hits RECORD LOW & War Fuels INTEREST RATES & INFLATION Rises
Original article: https://www.youtube.com/watch?v=dCttQmJ5jSY
Peter Burgess COMMENTARY
The British Conservative Party seems to be stuck with the economics of four decades ago which has been something of a disaster for most people in the UK that work for a living.

The new Prime Minister Liz Truss together the the Finance Minister seem to have set off a firestorm of discontent.
Peter Burgess
UK in DEEP TROUBLE as Sterling Hits RECORD LOW & War Fuels INTEREST RATES & INFLATION Rises

Joe Blogs

Sep 28, 2022

149K subscribers ... 64,453 views ... 7.1K likes

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INFLATION in the UK is currently around 10% and INTEREST RATES have risen rapidly since the start of the UKRAINE WAR. The New PRIME MINISTER recently announced a $150 BILLION ENERGY PRICE CAP and $59 BILLION of TAX CUTS. The International Markets have reacted negatively to these Policies and the Value of the BRITISH POUND has fallen to RECORD LOW against the Dollar. In this video I look provide more details on recent events and discuss what is likely to happen in the UK and what impact this will have on the GLOBAL ECONOMY.

For specific details please check out the CHAPTER list below.

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Chapters:
  • 0:00 Intro
  • 2:24 UK
  • 4:53 ENERGY PRICE CAP
  • 6:46 TAX CUTS
  • 7:30 POUND
  • 10:16 INFLATION
  • 12:09 INTEREST RATES
  • 12:52 UK DEBT
  • 14:56 10 YEAR GILT
  • 17:00 IMPORTS
  • 19:12 EXPORTS
  • 20:29 SUMMARY & CONCLUSION
#ukraine #uk #russia #learnenglish #learnenglishspeaking #inflation #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3




























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