A Look at Rising Costs & Inflation in Liverpool

The video explores the economic challenges faced by people in Liverpool, focusing on the Liverpool One shopping center and a local deli and cafe owned by Colin. It highlights the impact of rising prices and the rarity of pay rises, affecting both businesses and individuals. The video concludes with a reflection on the current economic climate as Christmas approaches.

What is a common activity among people at the Liverpool One shopping center due to economic conditions?

• Dining at expensive restaurants

• Investing in stocks

• Window shopping

• Buying luxury items

What type of business does Colin own in Liverpool?

• A deli and cafe

• A bookshop

• A tech startup

• A clothing store

How does Colin plan to handle increased production costs?

• By reducing the quality of products

• By gradually passing costs to customers

• By immediately raising prices significantly

• By absorbing all costs

What is a rare occurrence for many people in the current economic climate?

• Starting a new business

• Traveling abroad

• Receiving a pay raise

• Finding a new job

What is the general sentiment among people in Liverpool regarding their financial situation?

• Optimistic and hopeful

• Content and satisfied

• Struggling and concerned

• Indifferent and unaffected