A look at the poor state of UK finances and why many problems have been left until after the election.
0:00 Intro
0:50 Fiscal Fiction
2:20 Fading Tax Revenues
3:58 False Economies
6:30 Ageing Population
8:32 Reversing QE
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► UK Economy -
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Sources:
https://www.reuters.com/world/uk/no-money-next-uk-governments-budget-is-hostage-economy-2024-01-08/
https://ifs.org.uk/news/next-government-will-face-some-toughest-choices-generations
https://ifs.org.uk/sites/default/files/2024-04/WP202416-Police-infrastructure-police-performance-and-crime-evidence-from-austerity-cuts.pdf
https://cepr.org/voxeu/columns/austerity-and-climate-inaction
https://neweconomics.org/2024/03/ending-stealth-subsidies-to-banks-is-vital-but-so-is-scrapping-our-borrowing-rules
ABOUT
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► https://www.economicshelp.org was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including:
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