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Why Is The British Economy In Crisis?

The value of the pound has tanked, markets are in crisis and there is worldwide panic as economists ponder Britain's position.

lundi 17 oct. Il y a 3 mois
Why Is The British Economy In Crisis?
Difficile
+30
5 min

Markets are unhappy with the UK's new mini-budget which includes tax cuts for the well off and caps on energy prices.

The mini-budget drove the pound down to an unprecendentedly low value against the US dollar.

While the UK's crisis may look like an endemic problem, it is symptomatic of a wider set of problems facing Europe.

The Economist takes a look at the crisis.

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