U.K. Economy Too Weak for Rate Hike, Generali Says

U.K. Economy Too Weak for Rate Hike, Generali Says

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the dual nature of the current economic situation as both a currency and investment story, emphasizing the need for companies to prepare for potential negative outcomes due to Brexit. It highlights the lack of clarity on trade and transition, which could lead to economic downturns. The resilience of the economy is attributed to consumer borrowing, but concerns about inflation and potential rate hikes by the Bank of England are raised, suggesting that the economy may not be strong enough to handle such changes.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern for companies regarding the UK's economic future post-Brexit?

The likelihood of reduced consumer borrowing

The possibility of a stronger currency

The lack of clarity on trade and transition

The potential for increased trade opportunities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has contributed to the resilience of the UK economy despite Brexit uncertainties?

Higher export rates

Lower interest rates

Consumer borrowing

Increased government spending

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk if the Bank of England decides to increase interest rates?

An increase in consumer spending

A stronger economic growth

A negative impact on the economy

A decrease in inflation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the Bank of England previously responded to temporary increases in inflation?

By increasing taxes

By cutting government spending

By maintaining easy monetary policy

By immediately raising interest rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of inflation in the UK according to the transcript?

High and concerning

Decreasing rapidly

Moderate and manageable

Low and stable