EVERYTHING in the UK economy is going wrong at the same time | Economics | New Statesman
November 10, 2022
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28:36Now PlayingEVERYTHING in the UK economy is going wrong at the same time | Economics | New Statesman
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as posted by the channelLow interest rates were the only thing keeping the Conservative coalition together – Duncan Weldon
Will Dunn interviews economist Duncan Weldon on his recent New Statesman cover piece, Britain’s big squeeze, A new era of higher interest rates and lower wages threatens another lost decade for living standards.
Read Duncan's article, "Britain's big squeeze" here
Together they discuss why “everything in the UK economy is going wrong at the same time,” including issues such as rising inflation, increased interest rates and lower wages combining to create a cost of living crisis and a UK economy where its hard to see who the “winners are.”
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