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Britain is probably already in a recession after soaring interest rates and rising unemployment turned households more cautious about spending, according to an analysis by Bloomberg Economics. What could this mean for Prime Minster Rishi Sunak and the opposition Labour Party? We discuss the economic outlook and the political aftermath of the King's Speech with Bloomberg's Dan Hanson and Joe Mayes. Political Economist at abrdn, Lizzy Galbraith, also gives her opinion. "Bloomberg UK" focuses on the biggest economic, financial and political issues facing Britain. The program goes beyond the market moves with expert analysis and top interviews from the heart of London. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: 🤍 Connect with us on... Twitter: 🤍 Facebook: 🤍 Instagram: 🤍
Inflation: the enemy which Rishi Sunak pledged to “face down” by the end of year - looks to be going nowhere fast, according to data released today, risking growth in the UK economy and sparking fears of recession. (Subscribe: 🤍 8.7% in the year to May - no change from April's figure - represents more pain for struggling households. And with the Bank of England expected to hike borrowing costs again tomorrow to try and curb inflation, there are warnings mortgage holders could be facing an even bleaker outlook. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
The UK economy shrank at the fastest pace in seven months in July as strikes and wet weather hit activity harder than expected, reviving fears that a recession may be under way. Mark Cudmore reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: 🤍 Connect with us on... Twitter: 🤍 Facebook: 🤍 Instagram: 🤍
There is no alternative. That was the message today from the Chancellor, saying the government gave complete backing to the Bank of England in its bid to bring down inflation by raising interest rates. (Subscribe: 🤍 Jeremy Hunt was speaking after new figures showed the economy is growing - but that's before we've seen the full impact of the recent rate rises. Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
Two CEOs give their views on the outlook for the UK economy. Standard Chartered UK CEO, Saif Malik, explains why and when he thinks the UK will be in recession. Meanwhile Pret CEO, Pano Christou, says his company's sales in business districts will never again reach pre-pandemic heights and hybrid working is here to stay. Hosted by Francine Lacqua, the program goes beyond the market moves with expert analysis and top interviews from the heart of London. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: 🤍 Connect with us on... Twitter: 🤍 Facebook: 🤍 Instagram: 🤍 Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: 🤍 Connect with us on... Twitter: 🤍 Facebook: 🤍 Instagram: 🤍
Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at: 🤍 Despite defying economists' expectations, there appears to be a recession looming over the UK. In this video, we take a look into the factors that have prevented an economic downturn so far and how, with the stubborn inflation rate and higher-than-expected interest rate hikes, the future remains uncertain. 💬 Twitter: 🤍 📸 Instagram: 🤍 🎞 TikTok: 🤍 🗣 Discord: 🤍 💡 Got a Topic Suggestion? - 🤍 Support TLDR on Patreon: 🤍 Donate by PayPal: 🤍 TLDR Store: 🤍 TLDR TeeSpring Store: 🤍 Learn About Our Funding: 🤍 TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks! ///////////////////////////////////// 1 - 🤍 2 - 🤍 3 - 🤍 4 - 🤍 5 - 🤍 6 - 🤍 7 - 🤍 8 - 🤍 9 - 🤍 10 - 🤍 11 - 🤍 12 - 🤍 13 - 🤍 14 - 🤍 15 - 🤍 16 - 🤍 17 - 🤍 18 - 🤍 19 - 🤍 20 - 🤍 21 - 🤍 00:00 - Introduction 00:59 - Why the UK Has Avoided a Recession So Far 03:36 - Can This Last? 08:07 - Sponsored Content
We were told to prepare for a “Winter of Discontent”, of strikes, rising prices, a coming recession with our economy set this year to shrink unlike all the rest. Even Russia was going to fare better than the UK. (Subscribe: 🤍 But it has not been as bad as once feared - so what is going on? In today’s episode, Business Reporter Neil Macdonald discusses the state of our economy ahead of next week’s budget and whether a slightly improved outlook means energy prices can remain low and strikes could even come to an end. Producer: Freya Pickford - Watch more of our explainer series here - 🤍 Get more news at our site - 🤍 Follow us: Facebook - 🤍 Twitter - 🤍
The Bank of England has predicted that the country is heading for a recession that could last two years. (Subscribe: 🤍 The latest GDP figures seemed to confirm those fears. The UK's total economic production in September fell by 0.6% - partly due to the widespread closures for the Queen's funeral. - Follow us on Instagram - 🤍
The UK’s third quarter GDP figures were better than expected, registering year-over-year growth of +1.3%, yet that remains far from what most economists would regard as strong data. With inflation still hovering above 6.3%, how can the Bank of England prevent the UK’s economy from slipping into stagflation? Presented by 🤍cmegroup: 🤍 Subscribe to our YouTube channel: 🤍 Subscribe to Bloomberg Originals: 🤍 Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: 🤍 Breaking News on YouTube: 🤍 Twitter: 🤍 Facebook: 🤍 Instagram: 🤍
Owning a home is getting more expensive as lenders begin putting up mortgage rates, spooked by stubbornly high inflation figures. (Subscribe: 🤍 The Bank of England is under even more pressure to raise interest rates again in response, possibly as high as five-and-a-half per cent. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
Britain's economy contracted by less than expected in May despite the impact of strikes and an extra bank holiday to mark the coronation of King Charles, putting it on track to avoid a decline for the second quarter as a whole. Read the story here: 🤍 Keep up with the latest news from around the world: 🤍 #News #Reuters #newsfeed #uk #economy #recession #inflation Subscribe: 🤍 Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: 🤍 Follow Reuters on Facebook: 🤍 Follow Reuters on Twitter: 🤍 Follow Reuters on Instagram: 🤍
Gary explains why it doesn't really matter whether or not the UK is deemed to be in Recession in light of the recent IMF report (International Monetary Fund) UNDERSTAND, SHARE & PUSH BACK WEBSITE - 🤍 TWITTER - 🤍 FACEBOOK - 🤍 INSTAGRAM - 🤍 TIKTOK - 🤍 YOUTUBE - 🤍 PATREON - 🤍 DISCORD - 🤍 SUBSCRIBE, SHARE & START A CONVERSATION Performed by Gary Stevenson 🤍garyseconomics Produced by Simran Mohan 🤍mohanmedia
The Bank of England halted its long run of interest rate increases on Thursday. One day after a surprise slowing in Britain's fast pace of price growth, the BoE's Monetary Policy Committee decided by a narrow margin to keep the key lending rate at 5.25%. However, economists believe the country’s economy is plagued by serious underlying issues which the government must address. DW correspondent Birgit Maass speaks to economist Kay Neufeld to find out more. Subscribe: 🤍 For more news go to: 🤍 Follow DW on social media: ►Facebook: 🤍 ►Twitter: 🤍 ►Instagram: 🤍 ►Twitch: 🤍 Für Videos in deutscher Sprache besuchen Sie: 🤍 #Britain #Economy #Brexit
The United Kingdom is currently experiencing a significant rise in inflation, impacting its already struggling economy. Inflation rates there have reached unprecedented levels. In this report, we delve deep into the cost-of-living crisis in the UK. #uk #inflation #latestnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
After narrowly avoiding recession in Q1 2023, the UK economy faces turmoil from rising interest rates, falling house prices and weak long-term economic growth. Why interest rates could push economy into recession. Text version of video 🤍 ► Please subscribe! 🤍 About ► 🤍 was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Cracking Economics. 🤍 ► What Would Keynes Do? Amazon 🤍
Colleen McHugh, CIO at Wealthify, says a recession in the U.K. seems inevitable as inflation remains sticky, discusses the BoE's latest rate hike and weighs in on what this means for investing in U.K. equity markets.
Britain's stagnating economy failed to grow in the July-to-September period but at least managed to avoid the start of a recession, figures from the Office for National Statistics showed. Read the full story here: 🤍 Keep up with the latest news from around the world: 🤍 #unitedkingdom #economy #recession #bankofengland #News #Reuters #newsfeed Subscribe: 🤍 Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: 🤍 Follow Reuters on Facebook: 🤍 Follow Reuters on Twitter: 🤍 Follow Reuters on Instagram: 🤍
The Bank of England is poised to lift UK interest rates to fresh 15-year highs as its long-running fight to control the rising cost-of-living continues. But signs that inflation has turned a corner have fuelled hopes that policymakers could soon take their foot off the gas over rate rises. Most economists expect the Bank’s Monetary Policy Committee (MPC) to lift the base rate by 0.25 percentage points on Thursday, taking it to 5.25%. The last time it stood at 5.25% was in March 2008. Economist Justin Urquhart-Stewart tells TalkTV’s Julia Hartley-Brewer that the UK is “heading for a recession” as interest rates are expected to rise for the 14th time in a row. “It's diametrically the wrong thing! It’s the given answer for anything, inflation so you put up interest rates? No!” #talktv #talkradio #economy
The U.K. economy suffered more than any major European nation during the coronavirus lockdowns, piling pressure on the government to ensure the withdrawal of its support programs doesn’t derail the nascent recovery. Gross domestic product plunged 20.4% in the second quarter, the most since records began in 1955 and roughly double that of Germany and the U.S. It also pushed Britain into its first recession since 2009. The report followed massive job losses since the start of the pandemic, and Chancellor of the Exchequer Rishi Sunak acknowledged that more pain is to come. “I’ve said before that hard times were ahead, and today’s figures confirm that hard times are here,” he said following the release. “Hundreds of thousands of people have already lost their jobs, and sadly in the coming months many more will.” That casts a light on the risks of winding down government support for companies and workers too soon. Almost 10 million jobs have been put on furlough programs under which the government pays the wages. Sunak, who has borrowed tens of billions of pounds to finance spending, insists the time has come to start phasing the plan out, although his critics say it should be extended. “Sunak has got a tricky job,” said James Smith, developed markets economist at ING. “There’s no easy answer to the Job Retention Scheme and that’s the main risk at the moment as that is unwound. There’s a real chance that the recovery stalls if unemployment broadens out.” A rebound is under way U.K. output jumped a record 8.7% in June, beating forecasts but high frequency data such as credit card spending and electricity use are still well below pre-pandemic levels. They’ve more or less recovered in other major European economies, according to Bloomberg Economics. The finance minister blamed the composition of the U.K. economy, for the “outsize” scale of the hit the U.K. has suffered, compared to other countries. “Social activities, for example, going out for a meal, going to the cinema, shopping, those kinds of things comprise a much larger share of our economy than they do for most of our European comparison countries,” Sunak told Sky News. Still, there are other worrying signs that the upturn could soon run out of steam. Localized jumps in infections have heightened concerns over more shutdowns, government wage support is being phased out, and companies face higher tariffs should Britain fail to agree a trade deal with the European Union by the end of the year. Economists and investors expect the Bank of England to boost its monetary stimulus later this year by increasing bond purchases. The central bank has already pumped billions of pounds into the finan Subscribe to our YouTube channel: 🤍 QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: 🤍 Email us at quicktakenews🤍gmail.com QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.
Inflation is down, falling just over 1% last month, but prices are continuing to rise - just more slowly than they were before. (Subscribe: 🤍 It all adds up to predictions of a further hike in interest rates. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
Subscribe: YouTube.com/Uptin | The UK is the only major economy expected to shrink this year. It's dealing with a cost of living crisis. Everyone here is complaining. Here's why. Up Your Knowledge! ► Subscribe: Youtube.com/uptin ► Facebook: 🤍 ► Instagram: 🤍 ► Shorts: 🤍 Watch some more of my videos! This country is ditching its currency for US Dollar: 🤍 South Korea's facing a crisis: 🤍
“The government seems to have given up on a strategy for any kind of economic growth.” It’s “worrying” that some think the pay-off for economic growth is a recession when it’s “working people” who will suffer the consequences, says Kate Bell, assistant general secretary of the TUC. 📻 Listen to Times Radio - 🤍 📍 Subscribe to our channel - 🤍 🗞 Subscribe to The Times Times.Radio/Subscribe 📲 Get the free Times Radio app 🤍
TLDR Daily: 🤍 Recent headlines suggest that the UK is in a constant state of economic crisis, but why is this? In this video, we explain why Britain's productivity problems, the ongoing housing crisis and Brexit have kept the country locked in an economic perma-crisis. 🎞 TikTok: 🤍 🗣 Discord: 🤍 💡 Got a Topic Suggestion? - 🤍 Support TLDR on Patreon: 🤍 Donate by PayPal: 🤍 Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! 1 - 🤍 2 - 🤍 3 - 🤍 4 - 🤍 5 - 🤍 6 - 🤍 7 - 🤍 00:00 Introduction 00:44 Two Disclaimers 01:33 Productivity 03:11 Housing 06:24 Brexit 07:49 Daily Briefing
Other than the covid-induced downturn in 2020, the last time the U.K. was in recession was during the 2008 global financial crisis but how bad will 2023 for the size of the world’s sixth largest economy? #shorts #ukeconomy #recession #wages #tutor2ueconomics #macroeconomics #downturn #economicsexplained #economics
The UK is expected to avoid a technical recession in 2023, according to the Office for Budget Responsibility, Jeremy Hunt has announced. "In the face of enormous challenges, I report today on a British economy which is proving the doubters wrong," the Chancellor told the Commons. #skynews #budget2023 #politics Read more on the budget here: 🤍 SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
#youtube #yahoofinance #recession Yahoo Finance Live’s Rachelle Akuffo discusses the IMF outlook for Britain’s economy and global economic growth. Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: 🤍 Subscribe to Yahoo Finance: 🤍 About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: 🤍 Connect with Yahoo Finance: Get the latest news: 🤍 Find Yahoo Finance on Facebook: 🤍 Follow Yahoo Finance on Twitter: 🤍 Follow Yahoo Finance on Instagram: 🤍 Follow Yahoo Finance Premium on Twitter: 🤍
A new study says that the cost-of-living crisis in the UK is leading to premature deaths. Meanwhile, the city of Birmingham has declared itself bankrupt. Priyanka Sharma tells you about the UK’s cocktail of crises. #uk #costoflivingcrisis #birmingham About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Join our WhatsApp Channel: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
As of now as countries battle global and inflation post the covid-19 pandemic the UK is facing a particularly tough time scrambling through a cost of living and housing crisis. #uk #inflation #brexit About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at 🤍 Check out our website: 🤍 Connect with us on our social media handles: Facebook: 🤍 Twitter: 🤍 Follow us on Google News for the latest updates Zee News:- 🤍 Zee Business:- 🤍 DNA India:- 🤍 WION: 🤍 Zee News Apps: 🤍
GB Economics and Business Editor, Liam Halligan, explains GDP growing by 0.2% and how this will influence British economic growth. #economy #GDP #growth #recession Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
The UK economy contracted by 0.5% in July - with early official figures suggesting that strikes and the summer washout had an impact. ONS director of economic statistics told Sky News industrial action and wet weather were among the negative factors facing growth in July. Read more on the story here: 🤍 #ukeconomy #gdp #skynews SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
On Business Live with Ian King, join Emma Crosby as the UK faces warnings it is at risk of recession as business activities continue declining. Elsewhere, the UK's unemployment rate stays low - at 4.2% - as job vacancies fall. Plus, Leading figures from across the property sector call for radical reforms to kick-start the UK's housebuilding. Guests on Business Live include Chris Williamson, Chief Business Economist at S&P Global Market Intelligence and James Boulter, Senior Investment Director at Investec Wealth & Investment (UK) Latest business stories | 🤍 #SkyNews #Economy #Tax #CostofLiving #InterestRates #Business #Markets #UK #News #Trade #School #Jobs SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
‘If they keep raising interest rates I think they will drive the UK into recession.’ GB News Economics & Business Editor, Liam Halligan, reacts to GDP showing no growth in the three months up to May. #ukeconomy #economy #interestrates #uknews Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
Will soaring wages and a stalling economy pose a problem for the UK? (Subscribe: 🤍 Wages are going up at the fastest rate on record, finally outstripping inflation. But at the same time, unemployment is moving up and employment is falling as higher interest rates squeeze activity. The boom in wages will create a dilemma for the government: pensions are due to go up in line with them - almost certainly outstripping the increase in benefits for working age people - and boosting the argument over which generation benefits the most from public spending. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
Here comes recession! News today that the UK economy shrank between July and September. GDP in the UK fell by 0.6% in September. This was affected by the state funeral for the Queen. The UK has seen an actual drop in GDP (of 0.2%) in the 3rd quarter of 2022. Indeed, the UK is the only country in the G7 where the economy is shrinking. #shorts #ukeconomy #recession #gdp #tutor2ueconomics #macroeconomics
Britain's economy contracted by less than expected in May despite the impact of strikes and an extra bank holiday to mark the coronation of King Charles, putting it on track to avoid a decline for the second quarter as a whole. The Sun newspaper brings you the latest breaking news videos and explainers from the UK and around the world Become a Sun Subscriber and hit the bell to be the first to know Read The Sun: 🤍 Like The Sun on Facebook: 🤍 Follow The Sun on Twitter: 🤍 Subscribe to The Sun on Snapchat: 🤍 #uknews #economy #finance
Revised figures have confirmed that the UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter. #recession #economy #skynews SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
The crisis in renting in the UK right now means bidding wars, living with mould and damp, personality contests and skyrocketing rent. But why is the rental market so bad in Britain and is this the worst time ever to rent? [Watch the second episode in this series here: 🤍 [Subscribe: 🤍 For the millions of people who rent privately in the UK, you may have noticed it feels harder than ever right now. Or as one renter we spoke to told us - “It’s basically like the Wild West.” We put a message out online and were inundated with replies about rent hikes, mouldy homes and impossible flat hunts. Demand for rental properties is rising, but the supply of homes for rent is shrinking and the cost of monthly rent has increased by the highest rate on record. We look at all of these issues and explain why they’re happening in the UK right now. Produced, filmed and edited: Frances Rankin Produced and presented: Milena Dambelli Executive Producer: Kieron Bryan - Follow us: Facebook - 🤍 Twitter - 🤍
Sky's Ed Conway says the headwinds for the UK's economy are not as bleak as they were, but cautions that anything is possible. #skynews #costofliving #inflation SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple: 🤍 Android 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
The Chancellor Jeremy Hunt has warned that the UK economy faces a "tough road ahead" even though GDP figures released today showed a slight rebound in October. (Subscribe: 🤍 Economists have warned the bigger picture is still one of a shrinking economy amid a cost-of-living crisis that will lead this week to a series of high-profile strikes. - Follow us on Instagram - 🤍
The UK avoided a recession last year by the narrowest of margins after the cost-of-living crisis and industrial action hit the economy during December. Gross domestic product was unchanged in the fourth quarter following a revised 0.2% decline in the previous three months, the Office for National Statistics said Friday. Lizzy Burden reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: 🤍 Connect with us on... Twitter: 🤍 Facebook: 🤍 Instagram: 🤍