Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
UK Cash Crisis - Joe Blogs
In this video I discuss the ongoing crisis in the UK. The GDP figures for Q4 2024 reveal that the Economy achieved fractional growth of 0.1%. Whilst this means that the UK has avoided a technical recession, actual growth is lower than originally forecast by the OBR. As a result UK tax receipts will be lower than forecast in the October Budget leaving the UK with a cash crisis meaning that the UK faces the prospect of either increasing taxes or cutting spending.
Chapters:
0:00 Intro
1:17 GDP
3:11 OUTLOOK
5:23 FISCAL MARGIN
6:55 OPINION POLLS
9:46 SUMMARY & CONCLUSION