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| Name | UK Economy on Brink of Collapse: Brexit or Pandemic to Blame? |
| Video Uploader | Video From Fastepo |
| Upload Date | This Video Uploaded At 24-06-2024 21:13:29 |
| Video Discription | The UK economy has faced significant challenges in the wake of the Covid-19 pandemic and Brexit. The pandemic necessitated extensive government spending, resulting in a substantial increase in national debt. This financial burden is exacerbated by a rising cost of living and energy crisis, partly triggered by Russia-Ukraine Conflict, which has driven inflation to new highs. Concurrently, Brexit has compounded economic difficulties by reducing trade intensity with the EU, impacting business investment, and disrupting labor markets due to the end of free movement. These issues have led to a notable decline in labor force participation, particularly among older workers and those with long-term health conditions. Addressing these multifaceted problems requires coordinated policy efforts to boost productivity, re-engage the workforce, and foster economic stability. In this video, we explore the underlying issues facing the UK economy and how it stacks up against other advanced economies. |
| Category | Education |
| Tags | uk economy | brexit tackles | brexit impact on trade | brexit impacts | brexit uk crisis | brexit uk economy | uk in recession | financial crisis |
