What Can Investors Expect From Osborne's Statement?

What Can Investors Expect From Osborne's Statement?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the UK's public finances, highlighting the constraints faced by Chancellor George Osborne due to increased borrowing and budget deficit challenges. Despite these issues, the UK economy shows positive growth, with unemployment falling and wages rising. Osborne is expected to announce measures to support small businesses and possibly reform the stamp duty system. The business community, represented by the CBI, seeks a pro-growth budget with reforms in business rates and R&D credits.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial challenge is Chancellor George Osborne facing according to the transcript?

Reducing the budget deficit

Increasing public spending

Raising taxes

Increasing investment spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which positive economic indicator is mentioned in the transcript?

Increasing unemployment

Rising interest rates

Decreasing inflation rates

Economic growth for seven consecutive quarters

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential measure could Osborne announce to support small businesses?

Introduction of new tariffs

Increase in corporate tax

Reduction in VAT

Unlocking £1 billion of support

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key demands from the CBI for the autumn statement?

Increase in foreign aid

Reduction in defense spending

Overhaul of the business rate system

Increase in public sector wages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the CBI want to ensure while promoting local growth?

Increase in local government spending

Reduction in local government powers

Maintaining the integrity of the internal system

Increase in local taxes