How UK committed Suicide with its Economy?: UK economic crisis Explained in simple words
Think SchoolOctober 04, 202200:18:34

How UK committed Suicide with its Economy?: UK economic crisis Explained in simple words

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VIDEO INTRODUCTION: The united kingdom is witnessing one of the worst economic crises in its history!! and the Russian gas cuts have triggered such a catastrophe for the UK economy that now inflation has touched a 40-year high at 9.9%, energy bills have shot up by almost 100% in spite of capping and most importantly, the pound has become one of the worst performing currencies, with its value dropping by 24 % against the dollar!! On top of that, the newly elected prime minister has come up with something called the Mini budget that further triggered a disaster such that, its now snowballing from an energy crisis, into a debt crisis, into a housing crisis, into a currency crisis and may be even a banking crisis!! 
The question, is what is so terribly wrong about the Uk that its economy has turned into such a disaster?
How is this mini-budget triggering an economic catastrophe?
and most importantly, as students of business what are the study materials to help you understand this economic crisis in the united kingdom?

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✅Study Materials:

https://twitter.com/anshgupta64/status/1576044254375251968?s=21&t=toAiuoGA7AsIbzEhQ5BEeA

https://www.youtube.com/watch?v=IBbz8sjVz6I&t=743s

https://www.niesr.ac.uk/wp-content/uploads/2022/09/A-Variable-Energy-Price-Cap.pdf

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1105989/CCS207_CCS0822746402-001_SECURE_HMT_Autumn_Statement_2022_BOOK_Web_Accessible.pdf

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#indiaovertakesUNITEDKINGDOM #uk #recession
#thinkschool #businesscasestudy Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.