UK Inflation, Wage Data May Fuel Further BOE Rate Hikes

The video discusses the UK's economic situation, focusing on rising consumer prices and the Bank of England's decision to continue hiking rates. It highlights upcoming reports on jobs and inflation, which are crucial for the BOE's March decision. The discussion also covers UK businesses' demands from the chancellor, including tax breaks and labor market improvements, ahead of the March budget.

What is the current annual increase in consumer prices in the UK?

• Less than 5%

• Between 5% and 10%

• More than 10%

• Exactly 10%

What recent data showed that the UK avoided a recession?

• Jobs data

• GDP data

• Consumer spending data

• Inflation data

What is expected from the upcoming jobs data in the UK?

• A decline in job vacancies

• A tight labor market

• A decrease in unemployment

• A rise in part-time jobs

What do UK businesses want from the chancellor in the upcoming budget?

• More government regulations

• Higher interest rates

• Increased corporate taxes

• Tax breaks and incentives

Which policy is being reviewed to help address labor market shortages?

• Education policy

• Healthcare policy

• Immigration policy

• Environmental policy