Britain is going through a bad economic crisis, it is becoming difficult to run the house of a large population in the country
Britain is going through a bad economic crisis. Because of this, the people living there are facing a lot of difficulties.
Britain is going through a bad economic crisis.
Britain is going through a bad economic crisis. Because of this, the people living there are facing a lot of difficulties. People are making their living with very little money. According to a Bloomberg report, Elena Gheorghe had never eaten at the food bank until this year. But they are looking at the fact that like millions of people living in Britain, their expenses are more than their income, the report said.
Inflation troubled people
Inflation in the UK has risen to double digits. According to one data, the number of households with very little or no income has doubled from 20 percent to 40 percent during the last nine months. Many families are drowning in debt in the country. They have only money left to run the house and eat food.
Liz Truss made the situation worse in an attempt to control the country’s economic crisis. Rishi Sunak will have to come up with a strong roadmap to deal with this crisis. Inflation in the UK has risen by 10%, energy rates and food prices are skyrocketing, people’s incomes are falling and they are facing a living crisis. In such a situation, they have to come into the field with a way to control inflation and recession.
Big challenge in front of Rishi Sunak
Liz Truss’s tax cut budget has rocked the financial market, Rishi Sunak will have to reassess the market, working with the Bank of England to rethink tax cuts and hikes by 31 October. details have to be given. Rishi Sunak had recently said that his priority is to bring our party and our country together to face the profound economic challenge. In fact, the rift in the Conservative Party is clearly visible.
There will be a flurry of strikes in the UK in the coming days, the rail union has announced a strike for the first week for wages and job security, in addition to this, employees of higher education have also gone on strike regarding salary, job status and pension. Voted in favor of leaving.