UK Crashes into Recession as GDP Falls, Retail Sales Crash & Inflation Remains Double Target Rate |
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https://www.buymeacoffee.com/JoeBlogs https://www.patreon.com/joeblogsYT YouTube Membership - https://www.youtube.com/channel/UCjniKviAJH0mENoLStpQXmQ/join YouTube Super Thanks (click below) The United Kingdom is now Officially in RECESSION. GDP Figures for Q4 2023 show that the economy fell by 0.3% and this is now the second consecutive quarterly fall which puts the UK into recession. In this video I look at the current situation, analyse why the UK has fallen into recession and discuss what is likely to happen over the next 3 to 6 months. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. https://www.buymeacoffee.com/JoeBlogs Chapters: 0:00 Intro 3:04 GDP 5:27 INFLATION 8:13 FOOD INFLATION 9:36 INTEREST RATES 12:52 RETAIL SALES 15:41 BALANCE OF TRADE 16:54 SUMMARY & CONCLUSION #uk #unitedkingdom #recession #brexit #ukraine #russia #inflation #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3 |