Whether It's Truss or Sunak, Issues Await New UK PM

The video discusses the potential leadership of Liz Truss or Rishi Sunak, highlighting the economic challenges they would face, such as inflation and energy crises. It examines Truss's preference for tax cuts and her proposed changes to fiscal rules and the BOE's mandate. The video also speculates on her economic team, including Quasi Kwarteng and Jacob Rees-Mogg, and the potential impact of their policies on the UK economy.

What historical period is compared to the current economic situation in the UK?

• The 1990s dot-com bubble

• The 1980s recession

• The early 1970s oil shock

• The 2008 financial crisis

What is Liz Truss's preferred economic policy during her campaign?

• Raising interest rates

• Implementing tax cuts

• Reducing public spending

• Increasing government handouts

What is a potential risk associated with Liz Truss's economic policies?

• Crisis for gilts and sterling

• Increase in foreign investments

• Decrease in inflation

• Strengthening of the pound

Who is tipped to be Liz Truss's chancellor?

• John Redwood

• Quasi Kwarteng

• Jacob Rees-Mogg

• Rishi Sunak

What is a key question regarding Rishi Sunak's future?

• Will he lead the opposition?

• Will he retire from politics?

• Will he join Liz Truss's cabinet?

• Will he become the Prime Minister?