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The British Economy in Crisis ?

There is no nice way to say this, but the British economy is not in the best place right now and looks to be in the midst of a major financial crisis. The UK is witnessing one of the worst economic crises in its history. Inflation reached a 40-year high, and the Russia-Ukraine war and Russian gas cuts have added more turmoil to the UK economy as the energy bills soared to almost 100%. On top of that, the newly introduced government policies pushed the Pound to become one of the worst-performing currency and the bond market became chaotic. The Bank of England had to start buying up government bonds to stop pension funds from collapsing. Along with all these issues, the interest rate hikes by the central bank to control inflation might ignite housing and banking crises as well. Please do like and subscribe!    / @datablog   00:00 Intro 01:18 Energy Crisis 04:01 Inflation & Housing Crisis 06:50 Government Policies 09:07 Wrap Up #uk #british #britisheconomycrisis #britain #unitedkingdom #britisheconomy #ukeconomy #britaineconomy #britishcollapse #britaineconomycrisis #ukcrisis #energycrisis #wintercrisis #economy #economic #economiccrisis #economiccollapse #ukenergycrisis #ukpolitics #britishpolitics #britishpound #britainpm #pound #gbpusd #greatbritain #russiaukrainewar #gas #housing #housingmarket #housingcrisis #realestate #realestatecrash #marketcrash #economycrash #centralbank #bondmarket #usa #canada #india #europe #germany #russia #ukraine #england #englandeconomy #boe #bankofengland #europewinter #europeenergycrisis #englisheconomy #london #liz #liztruss #britishpolitics #britishprimeminister #ukprime #ukprimeminister #primeminister #rishisunak