UK economy: what does technical recession mean for Sunak? 

Best comment made. 💯

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Gollum

I'd watch that clip!

Stop hitting yourself, stop hitting yourself.

21 million in passive income to be precise.

Not quite few.

So what, whats your point??

@@nimzgaz7049 means he’s not really the ideal prime minister if he’s gonna take advantage. His job is to provide for the country, not for himself.

His wife has with the Indian company given a multi million contract that she has shares in, I thought insider trading was illegal in the UK?

It's a bad joke, really.

Inflation is a given but the rate it is going is way faster than I have ever seen

It doesn’t say falling inflation. it says falling INTO RECESSION! That means is getting worse! Read the thumbnail properly

@@Kenzothebully Jeremy Hunt was talking about falling inflation. And the reporter said, "But prices are still high." I did read the thumbnail. Did you watch the video?

@@alexbusson4414 to be honest no because the thumbnail is more likely the truth! Why is the a robotic voice and not real snippets of the government saying it

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

@@ghosthdel3098Yeah because everything revolves around you and your business 🙄

@@ghosthdel3098good for you, they don’t give a toss about the average joe

​@ghosthdel3098 talk about I'm alright Jack.

​@@ghosthdel3098 please elaborate and support,you proof please

(Edit: to the people who can't be bothered to read beyond one sentence, try reading my comment before liking the ignorant, bitter, uneducated replies I got from others). Because you clearly don't understand that industry goes up and down. (Edit) The British economy has dipped lower in the past than it did when Brexit happened. Brexit had an effect but certainly not to the level of making Britain a 'post-apocalyptic' wasteland where we would all be fighting for scraps 2 days after Brexit (like Remainers were claiming would happen). Britain has had an awful industrial performance against comparisons in Europe and the world for easily the past 40 years! We have the old Eton club politicians to thank for that since their political policies have driven Britain towards financial services and not manufacturing... Killing the industrial power of the North and centralising most of the money power in London and London only. Brexit was only the cherry on top of a bad cake.

@@howareyoualiveifyoudonteatbeef 🤡

@@howareyoualiveifyoudonteatbeefwhat industry? We ain’t got any

​@@howareyoualiveifyoudonteatbeefYou clearly don't understand that Brexit has had a major knock on effect on the UK economy and that's a fact.

​@@howareyoualiveifyoudonteatbeefoh if Brexshit was going well you wouldn't hear rhe end of it from the right wing press. Clearly it isn't going well

Yet people kept voting them in for past 14years🤦🏾‍♀️

@@LoneSheWolf09 and many people still will do plus many will keep voting for Labour who want these foreigners who will take the little work we have left! We need a new start

@@Then.72 These people always thinking labour will do something. With them in charge we can predict much worse, especially with Starmer taking the lead:(

​@@LoneSheWolf09and I'll vote for them again. Better than the alternative.

Going back to square one before they where in power would be better than what they have done. Idiots still vote for them, the poor get poorer and the elites that can afford nomdom status get richer.

Never trust a Tory, lovers of money , you can only have one master and theirs is money

Haha yeah they all fell for it 😂

@1066keefurban I really didn’t expect them to kill in the masses. I knew they liked to take money that should be for the country but I wasn’t prepared for all the murder.

They just lap up msm. Morons

Uk citizens aren't that bright, over the last decade the tories have screwed us every year and they still vote for them..

Sunak means prostitute in my language

And then bring in who?

somone better than that piece of shite@@QuestForGood

​@@QuestForGoodwell considering we have a dog 💩 electoral system it will be the red lot. That's sadly how it works. But if you think they'll be worse than the current lot you clearly haven't been watching the news over the past 14 years.

LABOUR

Get the Tories out I think you mean.

It the corrupt coalition of Tory Labour that's keeping us in poverty

Even when they blame Ukraine they fall flat. Boris stopped the peace deal they had with valds years ago

Even the news reporter was like " not that line again ".

Nobody in Germany blames the war in Ukraine , a liter of milk costs you 99 euro cents that’s 75 p , I wonder how much is Bavarian organic milk variant in the UK , I doubt you will get it for 75 p

@@valeriamarinova7532 currently about £1.60 for an organic variant, so essentially double

😂😂😂😂😂😂😂. I blame the Russian every time Villa doesn't win

Useless robot good for nothing 😊

True he is nearly there to become billionaire 😅

CORRUPT CROOKS the lot of them

CORRUPT CROOKS the lot of them

easy to blart sayings out without the general public being able to get proper answers :P

İt is lying to the public. You 're not fool. Sorry. missing letters on keybord!

Very simply my friend if your wages have risen by 5% and inflation by four in a recorded set of time , your real wages ( after inflation ) have risen by 1% !! So , £100 purchasing power has become a £101 !!!! And I can say all that with a straight face.

He is talking about minimum wage. It's the only wage that has gone up as fast as inflation in the last two years. Most people haven't had a pay rise. He is trying to tie all wages under one umbrella. Which makes his claim false.

Not only that: * sold royal mail to friends despite 30 mil profit. * sold SAR to friends * knackered the school system making it all about money. * killed off the fishing industry * stopped farming subsidiary funds * taxes on imports UK is a NET importer. There's way much more they have screwed up.

just wait till you find out what the next Scottish referendum is going to allow them to do. The Scottish people won't see it coming, they're going to be offered their freedom, and walk right into the trap. Try explaining this to any of them, they won't hear you over the sound of their confidence. And they think they hate Tories now..

Iv seen this ever since Tony blair let in the foreigners you don't have to be a genius to realize nothing can work

Yes.

We the ppl have been on it for 14 yrs

All these news outlets announcing this nonsense NOW? Why now? What was it called for the past 4 years? What was that? A boom? A goldilocks economy? For heavens sake. Who is the official source of all this information? In the USA they don't include part time workers in their data on the median wage. They just use full time salaries for some reason, giving an outrageous impression of how the nation is doing.

There is a whole herd of elephants in the room and Brexit is but one of them. Perhaps the biggest elephant, but certainly not the only one.

Putting the blight back Into Blighty 🇬🇧

I wish I could up tick this statement 100 times

The rejoin elephant upto some new tricks.

Plenty of recessions inside the EU. Germany suffering one now.

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

I agree. Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It’s not only about having money to invest in stocks ,but you also need to be knowledgeable,persistent,and have strong hands to back it up.

I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up .

Sure, the investment-advisor that guides me is..

MARY TERESE SINGH

Always the same. Tories are never questioned about the cost of anything and have wasted billions Labour is grilled every time. And the stare in the face is ignored Tories are not prudent or economically sound. However have to remember the media are right wing and some GBN far right wing same for press. Never want the BBC, Channel 4 or News Night to go as will be left with Sky News and that is mostly full of Torie journalists backing Tories ideology.

Yep I am a qualified chemist and I can earn more cleaning. Not joking either.

@@kinggeoffrey3801 the UK simply doesn't reward people for hard work or ambition. The UK only rewards people for already knowing the 'right' people.

@@howareyoualiveifyoudonteatbeef spot on. Their attitude towards excellence is bizarre. They want to put anyone in the same basket regardless of how many talents they may have. I know what I want to do and where I want to go but I don’t think I can achieve that in this country. Not just economically but even as far as career success. I feel like my talents and knowledge will be appreciated elsewhere.

Agreed, I am moving back to Germany because after graduating they were offering me £20, 000😂🤣🤣

@@QuestForGood I seriously don't blame you for leaving. Go where you will be appreciated 👍🏻

Nor Stasi Starmer neither

And never forget it

Any politician

Ohh look its the robots that are to replace us when We get wiped out by war.

Its connected: our politicians refused to buy Russian oil and gas, so the Russians sold it to India and China, and our politicians bought the same oil and gas at 2x or 3x the cost from India and China. Caused inflation, interest rates went up to "control" inflation. Demand sucked out of the economy. Result recession.

Right? Such a neat answer. If it's causing such an issue, why don't we stop funding it and let Putin win (he's going to, anyway)? Let him have his Donbas region and let all our economic worries evapourate -- oh, wait, we would still have 14 years of Tory austerity (funneling public funding into private donor and crony hands), BREXIT and corruption -- THAT is the real problem.

It's not just Brexit and energy prices but the COVID also played it's part for the inflation and interest rates.The elite class will be fine ;as they will make more money than ever before!

😂😂😂😂😂😂

Lol. Do you really think the people of this country will unite? Have you not gone out recently? Nobody gets along. I've never felt so much spitefulness from total strangers before in my life.

British gas profits at 940% increase - blatant profiteering. Corporate greed driven inflation, whilst we suffer with a record tax burden under the tories. These price gouging profits should be taxed to high heaven and used to alleviate the cost of living crisis

日本は株価も過去最高、企業利益も過去最高なんだが？ｗｗｗ

Oh and expenses…don’t forget expenses, why are they entitled to expenses?? Everyone else has to pay their own fuel to go to work and buy their own lunch???!!!!

@@vickyworth2710 good point thanks for adding 👍

Not actually, it's the pandemic 800 billion give to the rich and super rich, plus 15 years of low interest rates and money printing + years of austerity, Europe got it's own problems too

@@ch0293The US is 6% richer than pre-Pandemic, EU 2.5% richer, UK is poorer, UK is the _ONLY_ major economy to shrink according to IMF. Brexit has cost UK $124billion a year.

Smashed into who knows what!

The Force is weak with this one! 🐁 🚀 ✨ 🤖

Where is Kessel?

Or the mint cake mines of Kendal

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2008 more like

80, then

And yet the leaflet through my door signed off by a Mr David Cameron says otherwise. Unless you mean to support staying in the EU of course.

Which countries? Germany, Netherlands, France are not doing well

Germany is the only EU country not doing well, the other 26 EU countries have lower inflation, lower energy costs, higher wages, and higher gdp than the UK. Germany imported most of it's oil from Russia, at discount prices, until the Ukraine invasion forced them to look elsewhere. There was bound to be a knock-on effect on their economy because of that, but what is the excuse for the UK not doing well? The problems with the UK economy are not all down to Brexit, but it has had a significant impact on investing in the UK. The only foreign companies investing in the UK have had significant funding from the UK government, which will decrease the amount of money to spend elsewhere in the economy. @@ch0293

Mate the Tories are responsible for the deaths of disabled people, XL bullys, covid victims, not just Palestinians

Your god did genocide, are you proud?????

Was Britain ever great?

@@tinokokota_joy-ir7sy yes

@@captainwarhead5626 bwahahahaha 😂😂😂😂😂

@@tinokokota_joy-ir7sy say what one wishes

India is the main beneficiary of this counflict, as they are making hundreds of billons on laudering russian natural resources to the west.