The UK economy has flatlined — with GDP showing no growth in July. After a small bounce in June, momentum has stalled again, raising serious questions about the health of Britain’s economy.
In this video we’ll break down:
Why GDP has stagnated
The latest data on exports, imports and the trade balance
The continuing fight against inflation and the cost of living squeeze
Weak business investment and its long-term impact
Rising bond yields and the pressure of servicing UK debt
With the Autumn Budget approaching, the government faces a huge challenge: how to get the economy moving without risking higher inflation or piling on more debt.
Chapters:
0:00 Intro
0:50 GDP
3:12 GDP SECTORS
6:20 GDP HISTORY
8:16 EXPORTS
8:57 IMPORTS
9:38 BOT
11:58 CURRENT ACCOUNT
12:43 INVESTMENT
13:55 INFLATION
15:32 BONDS
16:26 SUMMARY & CONCLUSION
Credit to : Joe Blogs