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The economy: Why the recession is worse than you think 

Sky News
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As the UK officially entered recession, Chancellor Jeremy Hunt was keen to talk up the country's economic prospects, insisting things are looking up with inflation coming down.
But is he right to be so positive?
GDP per head - a better measure of living standards - suggest the economy might be in a weaker position than official figures show.
Read more: news.sky.com/story/uk-economy...
#recession #chancellor #economy
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14 фев 2024

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Комментарии : 824   
@Cappellano
@Cappellano 3 месяца назад
Not to worry, our PM is a multi-millionaire. He will be fine.
@George-wk1ww
@George-wk1ww 3 месяца назад
Billionaire basically with his wife’s wealth actually
@RogerMellie-yk3gw
@RogerMellie-yk3gw 3 месяца назад
Phew. I can rest easy now
@lw1zfog
@lw1zfog 3 месяца назад
the boy from Goldman Sachs ? fiscally involved with the likes of modeRNA & INFOSYS .... what could plausibly go wrong !??!?!
@muhammadfezanamjad9836
@muhammadfezanamjad9836 3 месяца назад
Yes. Its always poor and middle class suffer
@crypto_chef9612
@crypto_chef9612 3 месяца назад
UK should just change the definition of a recession like the US. Problem solved
@johnben9
@johnben9 3 месяца назад
I believe I should watch a video on "How to survive the current recession" given the state of things. Actually, it's a complete failure. The fact that some people could still earn more than $400k in a short period of time astounded me. If that's still the case, please explain how.
@ritalorrigan
@ritalorrigan 3 месяца назад
This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
@KevinClarke9
@KevinClarke9 3 месяца назад
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@ScottArmstrong12
@ScottArmstrong12 3 месяца назад
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
@KevinClarke9
@KevinClarke9 3 месяца назад
My CFA Carol Vivian Constable, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@ScottArmstrong12
@ScottArmstrong12 3 месяца назад
Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.
@jameshealey6535
@jameshealey6535 3 месяца назад
The usual BS from Hunt - so when inflation went up it was because of Ukraine and therefore nothing to do with the Govt. but when it's falling it's "Our plan is working". Maybe one way of keeping costs (and inflation) down would be better control over the likes of British Gas who announced today profits up from £72m to a whopping £751m
@ghosthdel3098
@ghosthdel3098 3 месяца назад
My parents are Conservative supporters and we own small businesses and all of them are currently making record profits. Under Labour we were okay but under conservative we make more money so we will continue to support them in 2024. I dont lnow why people hate them so much
@jhonnydiamond
@jhonnydiamond 3 месяца назад
Europe and UK are american colonies
@edwardbernthal160
@edwardbernthal160 3 месяца назад
@@ghosthdel3098 why do people hate them so much, could it be because they are blind to the fact that so many of the population are not making fantastic profits.
@ItsBigJC
@ItsBigJC 3 месяца назад
@@ghosthdel3098recessions happened under labour too.
@peterburnett1661
@peterburnett1661 3 месяца назад
Undertakers always do better under Tories.
@47PANADERO
@47PANADERO 3 месяца назад
In the 1960s, there were 8 million UK manufacturing jobs and half that number in the public sector. Today that situation is reversed. I am 76 years old and I have never met anyone in my adult life who actually makes anything. Plus the fact that UK productivity is poor. This country has been in gradual decline for decades and God help the next generation.
@jean-pierresteenberg
@jean-pierresteenberg 3 месяца назад
Aisha may Allah be pleased with her used to host parties where the imams used to compete how much "liquid" they could put on her. The one who covered the most white liquid got the most hasanat. Subhanallah! 😂
@PollieBrooon-cz5yg
@PollieBrooon-cz5yg 3 месяца назад
UK industry destroyed by 1979 thanks to socialism and anarchy, mafia unions.
@tamrielspirit3285
@tamrielspirit3285 3 месяца назад
Thatcher started it killing industry in favour of finance
@scottyfive4319
@scottyfive4319 3 месяца назад
It all started with Thatcher and her Dogma, also her hate for anyone who worked for a living.
@roywatson8133
@roywatson8133 3 месяца назад
the only thing we make now are nuts and bolts
@b1uerogue
@b1uerogue 3 месяца назад
Feels like the UK is finished
@slider799
@slider799 3 месяца назад
Its not UK. It all the western world countries. Something missing is each group is only looking inside their own country currently. Take a step back and look at CA, US, EU, NZ, AU and they all having much the same problems. All have a housing crisis. All have an immigration criris, All have a retail problem.... a few of the symptoms are a little different in each country. But the underlying problems exist in all western world countires.
@ArchnaKapur
@ArchnaKapur 3 месяца назад
Corruption and greed.
@Corneliusclewsbury
@Corneliusclewsbury 3 месяца назад
The US economy is hitting record highs@@slider799
@Willburys
@Willburys 3 месяца назад
​@@slider799The EU killed the rest of the Economy!
@Willburys
@Willburys 3 месяца назад
​@@slider799Thats a Fact all included China are worse Economy at the same Time! I hope we became not 29 !
@Piecenotwar
@Piecenotwar 3 месяца назад
It’s been coming for years, the reason I left 10 years ago was because I couldn’t see much of a future for my family or myself there.
@beedoox5613
@beedoox5613 3 месяца назад
My wife an I left 20 years ago, and became multi-millionaires. Couldn't have done that in the UK.
@robert.h1718
@robert.h1718 3 месяца назад
Meanwhile British Gas profits went from 72M to 751M
@twinscrollturbo4410
@twinscrollturbo4410 3 месяца назад
"Cost of Living Crysis" = big business profiteering
@excalibur9768
@excalibur9768 3 месяца назад
And don't forget, they will still hike your council tax and every other bill in April
@RevealedFilms
@RevealedFilms 3 месяца назад
How else is Ukraine going to fund the war without our tax? That’s why we pay it…to send it abroad 😒
@lloydnaylor6113
@lloydnaylor6113 3 месяца назад
The council hike the council tax , the water companies hike the water bills etc, nothing to do with the goverment.
@rennmaxbeta
@rennmaxbeta 3 месяца назад
​@@RevealedFilmsor pay for the illegal gimmegrants
@samgaynor
@samgaynor 3 месяца назад
For last 8 years I think we been in a recession for christ sake
@monkeyboy8424
@monkeyboy8424 3 месяца назад
Don't worry. Billionaire Ritchie Sunak and his privileged government are all keeping warm and eating well.
@SUJAMUK
@SUJAMUK 3 месяца назад
What about the royal family?
@safirahmed
@safirahmed 3 месяца назад
​@@SUJAMUK Business Insider and The New Statesman have reported about the world's biggest landowners in 2011. The King could now own 6.6 billion acres of land
@beedoox5613
@beedoox5613 3 месяца назад
Envy is certainly the best way to individual prosperity.
@Abraham_Tsfaye
@Abraham_Tsfaye 3 месяца назад
When I was in UK. I saw empty boarded up streets under a constant grey sky, litter everywhere. Homeless people sleeping in doorways. A women with cat whiskers makeup casually walking into Tesco with her pajamas. Opioid addicts out of their mind and women so drunk they urinated on the streets. It's a sad declined country.
@starlightgirl8863
@starlightgirl8863 3 месяца назад
Was it Birmingham 😂😂 or maybe Croydon 😅??
@_Selrahc
@_Selrahc 3 месяца назад
who voted for Rishi ? hes not our PM
@dantapaws8395
@dantapaws8395 3 месяца назад
I didn't vote for the Tories, they're NOT my government. In fact 63% of the country didn't vote for them.
@YesOfcourse-fh8xd
@YesOfcourse-fh8xd 3 месяца назад
I guess we can't blame him for this mess then can we?
@PollieBrooon-cz5yg
@PollieBrooon-cz5yg 3 месяца назад
Brown 2007? Callaghan 1976?
@_Selrahc
@_Selrahc 3 месяца назад
politician pay cut??? they not been helping much for the last 30 years so why their pay keep going up. while most of us struggling
@timwoodger7896
@timwoodger7896 3 месяца назад
The WEF put him into place 🤷‍♂️
@user-hv7kt9zc3m
@user-hv7kt9zc3m 3 месяца назад
As usual the Tories are blaming everyone except for the people responsible which is them
@beedoox5613
@beedoox5613 3 месяца назад
Don't think for one moment that's limited to the Tories. The other sides would do exactly the same.
@JuliusFawcett
@JuliusFawcett 3 месяца назад
Depression
@dantapaws8395
@dantapaws8395 3 месяца назад
... is how I feel whenever I see/hear a Tory MP
@allencameron3419
@allencameron3419 3 месяца назад
@@dantapaws8395I quite agree the Tory’s are 💩 the problem is so are the other crowd
@Wintermute9366
@Wintermute9366 3 месяца назад
Our EU and USA neighbours have also had a pandemic and war in Ukraine. They have not had a decade + or right wing ideological tory lunacy. Therein lies the difference.
@joshklaver47
@joshklaver47 3 месяца назад
Right wing? The "Conservative Party" is left of centre by most countries' standards. They aren't remotely conservative.
@FakenameStevens
@FakenameStevens 3 месяца назад
Thanks for saying it like that. My standards for the tories dropped so low that I almost believed them when they blamed it on Ukraine and the pandemic.
@caolan640
@caolan640 3 месяца назад
@@joshklaver47 Who cares, they’ve still fucked the country
@thepatriot4076
@thepatriot4076 3 месяца назад
The UK is not a neighbor of the US, the UK is nearly cannon fodder for US wars
@susuilu
@susuilu 3 месяца назад
Wrong ... they did!!!!
@glensumner2462
@glensumner2462 3 месяца назад
OMG someone actually said the Brexit word
@full__tilt
@full__tilt 3 месяца назад
We need Farage as PM because Reform will do something about immigration
@howardgayton2127
@howardgayton2127 3 месяца назад
Brexit and 14 years of Tory Government.
@RogerMellie-yk3gw
@RogerMellie-yk3gw 3 месяца назад
Nah. Brexit rocks
@ozzie2612
@ozzie2612 3 месяца назад
@@RogerMellie-yk3gw it's rocked us to our knees for sure
@RogerMellie-yk3gw
@RogerMellie-yk3gw 3 месяца назад
@@ozzie2612 Hardly. I get near minimum wage and life is dandy. People are just used to their lives of luxury.
@ozzie2612
@ozzie2612 3 месяца назад
@@RogerMellie-yk3gw would like to get used to their lives of luxury , no chance with the torys
@kevinsyd2012
@kevinsyd2012 3 месяца назад
The rot set in during the Blaire/Brown years...
@Lynn.hot.legs.peters
@Lynn.hot.legs.peters 3 месяца назад
We're Booming ... British gas profiles up 943% this year .... Thanks to the conservative Plan ?
@moonshifter0
@moonshifter0 2 месяца назад
Who besides the gas industry will profit from this?
@virtious8
@virtious8 3 месяца назад
So Jeremy Hunt points out we’ve had a pandemic and the war in Ukraine - I’m wondering if is there any other event which could have adversely affected the economy?
@bojack3827
@bojack3827 3 месяца назад
The worst event was the Tories getting into power.
@daviecrocket9160
@daviecrocket9160 3 месяца назад
Brexshit
@noelfleming3567
@noelfleming3567 3 месяца назад
And d Indians landed on d moon 😂😂
@PollieBrooon-cz5yg
@PollieBrooon-cz5yg 3 месяца назад
Nothing at all. Hunt is right.
@hughmungus_698
@hughmungus_698 3 месяца назад
Which is ironic as Russia dealt with a pandemic and war and also sanctions but there economy is buoyant 😂
@susanpettitt713
@susanpettitt713 3 месяца назад
Enough GE Britain is broken.
@lazylad8544
@lazylad8544 3 месяца назад
Hunt could always tax the rich.
@Souscheff
@Souscheff 3 месяца назад
the rich don't have there money in this country
@dantapaws8395
@dantapaws8395 3 месяца назад
This👏🔥
@ch0293
@ch0293 3 месяца назад
He won't do it because he's one of them. Only working classes are screwed
@steve17m13
@steve17m13 3 месяца назад
​@@Souscheffthey do. Assets including property, can't move them mate.
@ph8077
@ph8077 3 месяца назад
@@steve17m13 This is one good reason to put one's wealth into Bitcoin. Ask visionary MIT genius, Michael Saylor.
@Troy-McClure81
@Troy-McClure81 3 месяца назад
Meanwhile here in Las Vegas USA we're not In a "recession" and inflation isn't as bad as we think😂 All my utilities have doubled,my groceries have doubled in 1 year,the Cart is going downhill on fire and we're all going for a ride...Good Luck my friends
@creepybastard3165
@creepybastard3165 3 месяца назад
2000 are applying for a minimum wage job here in uk
@stephenford2758
@stephenford2758 3 месяца назад
It even worse in the UK. Inflation and unemployment are higher in the UK
@Troy-McClure81
@Troy-McClure81 3 месяца назад
@@creepybastard3165 People have given up even trying to get those here, California raised the minimum wage and all the major pizza chains laid off delivery drivers.We have homeless camping under overpasses,parks,every freeway exit has someone asking for money..and then the Drug Zombies on the corners or the people freaking out in the middle of the street.Everywhere is bad nowadays it sucks
@Hummmm-vh1tn
@Hummmm-vh1tn 3 месяца назад
Good luck troy mate from England.
@rennmaxbeta
@rennmaxbeta 3 месяца назад
Same in Australia: denial that we're in a recession
@declancotter722
@declancotter722 3 месяца назад
We've been in stagflation for some time. It's not a surprise that we've slipped into a recession with inflation hear to stay.
@ItsBigJC
@ItsBigJC 3 месяца назад
Here 😂
@RonaldShea5680
@RonaldShea5680 3 месяца назад
The United Kingdoms national debt is now close to becoming unsustainable debt status and approximately one third of said debt is indexed linked, largely due to the irresponsibility and incompetence of the officials of the bank of England. This country is dangerously close to economic, fiscal and monetary collapse and anyone relying on state assistance, support and or services which includes many are likely to find the present and the future will be so very different from the past particularly as the UK is currently spending approximately thirteen percent of annual gross domestic product on the interest alone.
@jaybee4288
@jaybee4288 3 месяца назад
Exactly. They’ve not admitted it but the reason they installed the workplace pension is because there will be no state pension in future. Britain is going to be a very harsh unforgiving place in 30 years.
@user-by7ql5zs8u
@user-by7ql5zs8u 3 месяца назад
Still not as bad as USA long ways to go but following the same path
@elexelectronics4969
@elexelectronics4969 3 месяца назад
This comment is very informative👍🏽
@lloydnaylor6113
@lloydnaylor6113 3 месяца назад
The national debt 96.5% of GDP is lower than France , the USA ( 124%) Japan (252%) for example, its manageble like it was in the 1960s when we were paying down the debt of WW2.
@DynamicalisBlue
@DynamicalisBlue 3 месяца назад
The reason our recession is worse than it appears is because the majority of the economy has been in a huge recession for a while now. For the past two years, the financial sector has been the only reason why the UK economy was still 'good', at least on paper. But that's it. Just paper. Only a tiny minority of people actually work in the financial sector so no one actually feels this.
@MirceaKitsune
@MirceaKitsune 3 месяца назад
Britain wanted a Victorian age authoritarian puritanical society, but someone forgot to inform them it comes packaged with a Victorian era economy.
@kerryfry1857
@kerryfry1857 3 месяца назад
The bank of England control interest rates. So what has the government done exactly? Gaslight the public with BS.
@stirkz
@stirkz 3 месяца назад
Just touting the party line at the end there blaming all the external factors for the issue nothing to do with 14 long and gruelling years of failing Tory policies
@daveraybould9539
@daveraybould9539 3 месяца назад
Gary Economics covers this very articulately. Economists will say things are going to get better, things will get worse.
@The_3Ps_Course_Dr_Raja_King
@The_3Ps_Course_Dr_Raja_King 3 месяца назад
No one is buying?
@gordonmculloch4904
@gordonmculloch4904 3 месяца назад
Bad management.
@versaceviper9798
@versaceviper9798 3 месяца назад
Ok, everyone needs to stop panicking! “The plan” is clearly working … albeit still undefined.
@patrickT7969
@patrickT7969 3 месяца назад
More ladbrokes and coral though
@phillipcarter8045
@phillipcarter8045 3 месяца назад
And Turkish barbers 💈
@hughmungus_698
@hughmungus_698 3 месяца назад
American sweet shops too 👍
@patrickT7969
@patrickT7969 3 месяца назад
And car wash
@RogerMellie-yk3gw
@RogerMellie-yk3gw 3 месяца назад
And Peruvian pan pipe bands
@crayontom9687
@crayontom9687 3 месяца назад
Sky just waking up to the fact that poor people have been in recession since 2008
@ddhh1270
@ddhh1270 3 месяца назад
*14* woeful years of Conservative Governments. Apart from the very wealthy, whose lives have improved in that time?
@granite676
@granite676 3 месяца назад
Doesn't matter who is in power, they're all feeding out of the same trough and think we are ok with it. The rich get richer no matter which crooks are in power !
@PollieBrooon-cz5yg
@PollieBrooon-cz5yg 3 месяца назад
No money left 2010. ASBO Britain broke and bankrupt.
@RocketRenton
@RocketRenton 3 месяца назад
It was Labour though who saddled the country with 1 trillon in debt until 2010, in 1997 the economy was growing 5% and we had 400 millon in surplus, Brown and his policies which was still in effect today have resulted in the highest tax burden ever, and Covid added 300 billion to the debt so now stands at 1.3 trillon, U.S is 33 trillon in debt, most of which is owned by UK, France and Japan in gilts and bonds, not China as they sold off there stakes a long time ago.
@ph8077
@ph8077 3 месяца назад
They've been concentrating on woke policies & legislation since 2020. Conservative by name only.
@RogerMellie-yk3gw
@RogerMellie-yk3gw 3 месяца назад
Mine is really good
@gavinsmith9564
@gavinsmith9564 3 месяца назад
Brexit Britain, the sunlit uplands were actually people burning their stuff to stay warm.
@ItsBigJC
@ItsBigJC 3 месяца назад
This isn’t because of brexit 😂
@ozzie2612
@ozzie2612 3 месяца назад
brexit has done us , sadly just under half knew it would
@addydiesel6627
@addydiesel6627 3 месяца назад
Britain is the new Iceland
@ozzie2612
@ozzie2612 3 месяца назад
@@addydiesel6627 my mum went there
@thepatriot4076
@thepatriot4076 3 месяца назад
Meanwhile the German monarchs are laughing at the British peasants
@wonderwalls3565
@wonderwalls3565 3 месяца назад
how much profit the energy companies made in last 5 years?
@nathandorrill1156
@nathandorrill1156 3 месяца назад
That’s it Jeremy pass the buck.absolute tripe
@theshadedshadow5993
@theshadedshadow5993 3 месяца назад
Just remember people, officials don't think there is a recession since they make hundreds of thousands for doing nothing and living it up in luxury.
@PsytanicA
@PsytanicA 3 месяца назад
Thank the WEF for all this.
@ch0293
@ch0293 3 месяца назад
Yeah they're in the government rishi is one of them
@ruigouveia7494
@ruigouveia7494 3 месяца назад
@@ch0293you didn’t know that? And before WEF it was EU… Definitely not conservative party that has been in power for 14 years
@daftdigital
@daftdigital 3 месяца назад
Tories and global capitalism
@Souscheff
@Souscheff 3 месяца назад
we had a pandemic , ukraine war is not our war we not got bombs falling on london , we do have british gas with 750m profits this year up 10 times from 75m
@anonymousone6075
@anonymousone6075 3 месяца назад
everyone knows it will because only the rich can afford to live
@containedhurricane
@containedhurricane 3 месяца назад
But EPL clubs are becoming more valuable. The salaries and the sale values of EPL players are increasing as well
@trivadpt
@trivadpt 3 месяца назад
Thats beause the EPL is a British export which generates income from around the world via TV rights for those directly involved (players, agents, managers etc). If every industry in the UK did what the EPL does then things in the UK would be in a much better state than its in now.
@XxTheAwokenOnexX
@XxTheAwokenOnexX 3 месяца назад
Recessions are a goldmine of knock down prices where the rich snap up bargins, and sell their assets on for massive profits, once the economy picksup again. While people pay the highest price for economic downturns ❤️👊
@smithsRus83
@smithsRus83 3 месяца назад
To many people in the country
@Georgetown327
@Georgetown327 3 месяца назад
But brexit was going to solve the immigration problem right?
@Bruce-yv9tm
@Bruce-yv9tm 3 месяца назад
I like that Brexit is finally being referred to as a “pummel to the economy” which it always was.
@ruigouveia7494
@ruigouveia7494 3 месяца назад
Not by the brexiteers though. They will never admit how stupid it is moving away from an economy of 27 were UK was one of the countries with most influence
@MalcolmXpat
@MalcolmXpat 3 месяца назад
the uk was never previously in a recession while in the EU?
@Shamrock5
@Shamrock5 3 месяца назад
@@MalcolmXpatNot the point. It has now been artificially put into one by Brexit and the morons in our government.
@andrewfallon2719
@andrewfallon2719 3 месяца назад
The entire world is struggling.. not sure why brexit is always mebtionec
@graceisaweapon
@graceisaweapon 3 месяца назад
This is global. It's happening in slow motion, but it's happening. Not even China is being free of it. It's time to apply very responsible and strong financial management, personally and family wise too.
@user-ln6nu2fz7c
@user-ln6nu2fz7c 3 месяца назад
I live in France exactly the same in France no différent than England.
@user-xl8on7sf8o
@user-xl8on7sf8o 3 месяца назад
But didnt sunak say wages have increased more than inflation. Then why aren't they shopping.. stop lying government. Uk people have never been poorer. But it makes me feel warm that the millionaires have had a fantastic time.
@Kevin-lf4xx
@Kevin-lf4xx 3 месяца назад
How can this be , didn’t we get Brexit done.
@edwardbernthal160
@edwardbernthal160 3 месяца назад
No, we got done by Brexit.
@grahamturner1290
@grahamturner1290 3 месяца назад
"The Party Of Fiscal Responsibility." What a bunch of complete Jeremys. 😏
@MyMccarron
@MyMccarron 3 месяца назад
About time things got better relentless and miserable it's ridiculous it's like were being smothered on a daily basis.
@Grandesecole
@Grandesecole 3 месяца назад
UK has been on the downfall for decades. We are way poorer than the US in terms of wages.
@rameees
@rameees 3 месяца назад
UK is in recession but we still have money to fund wars abroad 😂😂😂 wrong priorities
@joanneburford6364
@joanneburford6364 3 месяца назад
We're getting a lot of Brits relocating out here, particularly from your health sector. Wages and conditions in the UK are terrible 🇦🇺🦘
@mccanncollection
@mccanncollection 3 месяца назад
yep all the docs, nurses will be going
@tilerman
@tilerman 3 месяца назад
I'm self employed and have worked in domestic construction for 35 years. Work has slowed gradually for the past i would say 10 years to the point it has come to an almost standstill. I've always been happy with what i earned, not a huge amount, a comfortable amount i was happy with. But my work has tanked and i'm looking for something else and i cannot believe the wages out there, i had no idea. How some people get by i do not know, not bragging but i was earning more on building sites 30 years ago. It's not good out there and it's going to be dog eat dog very soon i think.
@rennmaxbeta
@rennmaxbeta 3 месяца назад
Not much better in Australia. Costs have skyrocketed here too
@human8454
@human8454 3 месяца назад
Save Australia 🦘
@JJones-oi3jc
@JJones-oi3jc 3 месяца назад
Tax laws for personal income need to change. No loop holes
@aktarhussain4437
@aktarhussain4437 3 месяца назад
Everyone’s fault except the conservatives!!
@ricardosmythe2548
@ricardosmythe2548 3 месяца назад
This can't be right. We've been told all these new additions to our population are an economic benefit?
@Russyda1
@Russyda1 3 месяца назад
Most our population choose not to work and fake being disabled
@hughmungus_698
@hughmungus_698 3 месяца назад
I know right, strange isn’t it that all these engineers, scientists and doctors who’ve bolstered our society haven’t helped our economy?? It’s almost as if they’ve contributed f@@k all whilst stripping away all of our resources like healthcare and housing
@dalebenton3354
@dalebenton3354 3 месяца назад
Say it now,Say it again,Our Country been in a recession for many years,Many years ago,Cost of living costed pennies,Now days,Cost of Living is going through the roof,Gets worse as time moves on as the recession keeps on going up further through the roof,It's going to get even more worse,Many years ago,Rent costed about £30 per month,Energy costed as little as 50p,Food prices costed a fractions,Now days,Times have changed all because people "want" more money,They don't want to work for it,They just "want" it,want want want all the time
@carolinegathercole8473
@carolinegathercole8473 3 месяца назад
He forgot to mention uncontrolled immigration and OPEN BORDERS!
@SlowhandGreg
@SlowhandGreg 3 месяца назад
It's not uncontrolled legal migration is by design Thatcherism at its finest
@Willburys
@Willburys 3 месяца назад
50billion Euro per year in Germany for Immigration illegal! He ruinied the Social Budgets in the Community and the Politics Failure! The Politician Class doesnt understand we had more than enough and the Criminality grow fast!
@tomthumb2361
@tomthumb2361 3 месяца назад
Why don't we believe a word Hunt is saying? Could it be because he's a Tory, a party whose spokespeople, in common with those of UKIP, TBP, and Reform UK and their right-client media, have form on this count? Leave was the most self-destructive thing this country has done for ages, and that includes voting the Tories in for two thirds of the years since WW2.
@user-hi3jg2vf3h
@user-hi3jg2vf3h 3 месяца назад
The same country who said they don’t need the rest of Europe to survive 😂
@KeepWalkingNeverStop
@KeepWalkingNeverStop 3 месяца назад
I fail to understand why this Hunt guy can barely contain his smile when delivering such devastating news for the majority of people in the UK? Damn, and I thought EU politicians were fucked!
@Jerry21238
@Jerry21238 3 месяца назад
No recession in our house.😂😂
@magpieeuc4846
@magpieeuc4846 3 месяца назад
Stay home, save the NHS
@ruairievans
@ruairievans 2 месяца назад
We're not in the pandemic now.
@Syphil23
@Syphil23 3 месяца назад
Erm ….. let me think. If energy costs are what’s fuelling costs then price capping and windfall taxes on the obscene profits of the energy companies springs to mind. #corporategreedcrisis
@carlhancox9699
@carlhancox9699 3 месяца назад
6 months on we just round the corner still bloody long corner
@jeffreygoggin2849
@jeffreygoggin2849 3 месяца назад
Here we go again excuses excuses excuses
@thetruthwillwinoneday
@thetruthwillwinoneday 3 месяца назад
Stop sending billions abroad, stop the boats and lower taxes, £20k income tax allowance and promote single wage living within family units.
@AzanAli-
@AzanAli- 3 месяца назад
They could've easily helped the economy. Electric and gas prices have dropped at wholesale and are at pre pandemic levels since almost a year yet the price cap hasn't come down at all.
@user-kf9fy3dz7z
@user-kf9fy3dz7z 3 месяца назад
The weather looks fkn miserable!
@jhonnydiamond
@jhonnydiamond 3 месяца назад
Because we are US colonies
@chanceriordan
@chanceriordan 3 месяца назад
Oh the irony
@ruairievans
@ruairievans 2 месяца назад
Where is your evidence that we are US colonies?
@Pit5336
@Pit5336 3 месяца назад
Isn't Russia doing better than the UK ? I know numbrs aren't very reliable but still, they are involved in a massive war and had tons of sanctions imposed on them.
@saiyedakhtar3931
@saiyedakhtar3931 3 месяца назад
Russia isn't doing that well. They are good at hiding it.
@jaybee4288
@jaybee4288 3 месяца назад
Yes, significantly so. Russia is one of the top 5 economies in the world still. It’s self sufficient. Between waving their fist at them and giving angry speeches, Germany are paying Russia the gas bill.
@saiyedakhtar3931
@saiyedakhtar3931 3 месяца назад
@jaybee4288 top 5? It hardly makes the top 10 list at number 8. It has a slightly higher GDP than Canada. Self-sufficient? That must be a joke, too. It can't even manufacture a car properly without Chinese support. I don't even see a top global company from Russia besides oil and gas. Russia is just cadhing in and relying on technology it invented during the Soviet Union.
@human8454
@human8454 3 месяца назад
Russian GDP is increasing
@MLon1989
@MLon1989 3 месяца назад
The can cannot be kicked anymore, just blame it all on Putin 🤦‍♂️
@ambarinfinity1
@ambarinfinity1 3 месяца назад
What's the reason ?
@user-zl8km4sh9p
@user-zl8km4sh9p 3 месяца назад
It's not though is it? We were suppose to have the "deepest and longest recession" going. In fact, I've been waiting for a "recession" for over 6 years now. Germany is in recession, Ireland is big time, Japan and many others.
@Willburys
@Willburys 3 месяца назад
The most played with Statistics!
@2muchmedia
@2muchmedia 3 месяца назад
Praying for the U.K. It's a great country but like so many others, the leadership stinks. Politicians are all "reactionary" instead of preventative with few good ideas except blame it on Ukraine, Covid.
@user-lx5do4zc6n
@user-lx5do4zc6n 3 месяца назад
The chicken shops, vape shops and Turkish barbers seem to be doimg well though so all good
@mccanncollection
@mccanncollection 3 месяца назад
nail bars
@creepybastard3165
@creepybastard3165 3 месяца назад
Drug fronts
@iancoles1349
@iancoles1349 3 месяца назад
Yes and yes
@bobbyward2440
@bobbyward2440 3 месяца назад
Has the uk ever thought of putting the people into crippling debt through deficit spending to artificially prop up growth numbers?
@seanthe100
@seanthe100 3 месяца назад
Debt doesn't automatically make your economy grow 😂😂
@bobbyward2440
@bobbyward2440 3 месяца назад
@seanthe100 it was sarcasm but that's what the u.s. is doing..gdp does grow from government spending
@mci6830
@mci6830 3 месяца назад
We are still fkd from the financial crash, like it or not.
@BROWNCOW89
@BROWNCOW89 3 месяца назад
Why do the news/msm always go to micro brewery’s to get a report 😂😂 I’m sure there are many other places they can report on but they seem to love a micro brewery these days for some reason 😂😉🧐
@user-my6ti3uz3n
@user-my6ti3uz3n 2 месяца назад
now all that's left to do is get in the boat and row into the sunset 😂
@camui191
@camui191 3 месяца назад
I hope so❤
@jannisarie
@jannisarie 3 месяца назад
We had the government response to covid and Boris telling Ukraine not to accept the peace treaty. I love how politicians always pretend as if they weren't involved in the causes of the recession. At least own it.. We weighed the risks and benefits for all and decided that we would be ok with a recession to benefit in the long term if there is one.
@Hazara26
@Hazara26 3 месяца назад
Rest of the world is rushing towards UK for work and people within the country is struggling due to government policies.
@wenwu8592
@wenwu8592 3 месяца назад
This is great news, which means the BoE will reduce the interest rate.
@user-yk7yv8rb5i
@user-yk7yv8rb5i 3 месяца назад
Don't give up this country can be strong again if we get the right people to run it
@anonymousone6075
@anonymousone6075 3 месяца назад
none of its the tories fault, lol skynews
@jamesholt4449
@jamesholt4449 3 месяца назад
Who's been in charge the last 14 years then
@ozzie2612
@ozzie2612 3 месяца назад
@@jamesholt4449 vvankers
@NcboreasVapes
@NcboreasVapes 3 месяца назад
Forces beyond their control. How convenient.
@qn3734
@qn3734 3 месяца назад
We had a pandemic, had a Ukraine war, my dog was sick, constant invites to racoon weddings, the wind blew my wheely bin into the sea and the Queen died. 100% not because of Brexit or our mafia government.
@user-rp2qy1go6g
@user-rp2qy1go6g 3 месяца назад
If only the funds were allocated in the right place 😢
@h.y0134
@h.y0134 3 месяца назад
Same thing europa😢
@victorhugofeitosa2908
@victorhugofeitosa2908 3 месяца назад
Culture is changing too... as a millennial I see that it is now fashionable to have less and buy less... we prefer to experience more
@eddieharris6004
@eddieharris6004 3 месяца назад
Yesterday had the best Avocado toast at a newly opened Bistro just around the corner.....😋
@starlightgirl8863
@starlightgirl8863 3 месяца назад
@@eddieharris6004 Good job 😊
@Danster82
@Danster82 3 месяца назад
Don't worry at least British gas profits are up 1000%.
@brianm3529
@brianm3529 3 месяца назад
They used to have an empire!
@mauricetucker8754
@mauricetucker8754 3 месяца назад
Spending on HS2 covid expenditure billion give a way cost of energy just look around an town and city stay positive we need better!
@harip4911
@harip4911 3 месяца назад
It is a matter of government budget allocation.
@timeverson728
@timeverson728 2 месяца назад
Oh I wonder why they would have energy problems 🤔
@pierrechevalet8284
@pierrechevalet8284 3 месяца назад
It makes no sense to talk about a country's economics without comparing with similar countries.
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