Can the British government avert a financial crisis? | Counting the Cost

The British prime minister is betting big on a fiscal policy that includes the biggest tax cuts in the United Kingdom in half a century – funded by borrowing.

Liz Truss says the plan will kick-start the economy. But her critics say it is a reckless gamble. And the plans seem to have backfired already. The pound has fallen to record lows, and financial markets have gone into turmoil.

In rare public criticism of a leading global economy, the International Monetary Fund has warned the plan could increase inequality in the UK.

Elsewhere, Bollywood and Nollywood movies fight to stay in the spotlight.

Subscribe to our channel
Follow us on Twitter
Find us on Facebook
Check our website:
Check out our Instagram page:


You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *