Can the new UK government stabilise the economy?

Finance minister broadcasts tax hikes and spending cuts to curb inflation.

The British authorities says it's making tough selections to manage a spiralling value of residing disaster.

Hundreds of thousands of persons are already struggling to pay their meals and vitality payments earlier than winter.

Inflation has hit 11.1 %, the very best stage in 41 years.

Charities say extra persons are asking for assist.

The earlier prime minister, Liz Truss, resigned in September after her finance minister introduced $53bn in unfunded tax cuts.

The present authorities, beneath Prime Minister Rishi Sunak, is elevating taxes and slicing public spending as an alternative.

However will the funds plan be sufficient to ease the financial ache?

Presenter: Hashem Ahelbarra

Visitors:

Patrick Diamond – Professor in public coverage, Queen Mary College of London

Alfie Stirling – Director of analysis, New Economics Basis

Max Lawson – Head of inequality coverage, Oxfam Worldwide

Post a Comment

Previous Post Next Post