Sunak's Budget Expected to Hold Back on Big Spending

Sunak's Budget Expected to Hold Back on Big Spending

Assessment

Interactive Video

Business

University

Hard

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The video discusses the expectations from Rishi Sunak's budget, focusing on the challenges posed by inflation and the potential economic risks. It highlights the need to address the cost of living crisis through measures like raising the national minimum wage and public sector wages. The video also emphasizes Sunak's commitment to fiscal responsibility and his plans to delay significant spending until closer to the next election.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons Rishi Sunak is not expected to present an expansionary budget?

To avoid triggering a more aggressive response from the Bank of England

To boost the housing market

To reduce unemployment

To increase public spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the risks if Rishi Sunak's budget is not generous enough?

It could increase the national debt

It might hinder the economic recovery

It might cause a rise in COVID-19 cases

It could lead to a decrease in inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which measure is expected to be part of Rishi Sunak's budget to address the cost of living crisis?

Introduction of new taxes

Reduction in fuel duty

Increase in the national minimum wage

Decrease in public sector wages

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Rishi Sunak unlikely to announce major spending in the current budget?

He plans to increase taxes instead

He wants to maintain his image as a fiscally responsible conservative

He is waiting for the next election

He is focusing on reducing inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is Rishi Sunak expected to potentially unleash more spending?

In the next fiscal year

In the run-up to the next election

After the Bank of England's next meeting

During the winter season