U.K. to Remain Competitive Despite Tax Hike: MP Stride

The video discusses the future direction of the British economy, focusing on corporation tax competitiveness, interest rates, and public finances. It explores the role of the Bank of England in climate policy and the UK's strategy for green bonds. The video also addresses post-Brexit challenges and innovation in the City of London, emphasizing the need for the UK to remain competitive in global financial markets.

What was the corporation tax rate in the UK in 2010?

• 21%

• 28%

• 25%

• 19%

How much would a 1% increase in interest rates cost the UK in public finances?

• £75 billion

• £10 billion

• £25 billion

• £50 billion

What is the new requirement for the Bank of England's policy as mentioned in the budget?

• Focus on international trade

• Reduce corporation tax

• Assist the UK's march towards net-zero

• Increase interest rates

What financial instrument is the UK planning to issue twice in 2021 to support green finance?

• Green bonds

• Municipal bonds

• Corporate bonds

• Treasury bills

What is the main focus of the Hill report discussed in the context of the City of London?

• Increasing corporation tax

• Developing green finance

• Enhancing financial market competitiveness

• Reducing public debt

Which city has seen a shift in share trading from London post-Brexit?

• Amsterdam

• New York

• Paris

• Frankfurt

What is the UK government aiming to attract with its new visa story?

• Financial investors

• Tech talent

• Manufacturing companies

• Tourists