MP Helen Goodman Reacts to Hammond's Autumn Statement

MP Helen Goodman Reacts to Hammond's Autumn Statement

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses recent economic measures in the UK, including budget changes like the increase in minimum wage and tax credits, and their limited impact on inflation. It highlights the Chancellor's focus on infrastructure investment and the need for addressing the skills gap amid Brexit. The economic impact of Brexit is significant, with forecasts showing a decline in public finances. The uncertainty in Brexit negotiations is emphasized, with potential legal proceedings affecting the process.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the measures introduced in the recent UK budget to help those 'just about managing'?

Decrease in fuel prices

Introduction of a new tax

Reduction in VAT

Increase in minimum wage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was notably missing from the Brexit approach regarding employment?

A strategy for increasing exports

Incentives for foreign investment

Measures for upskilling local workers

A plan for reducing taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Labour Party's stance on Brexit as mentioned in the transcript?

No Brexit

Immediate Brexit

Hard Brexit

Soft Brexit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the OBR's budget forecast, what was the largest factor in the decline of public finances?

Global economic downturn

Brexit impact

Increase in public spending

Rising unemployment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the anticipated outcome of the Supreme Court decision regarding Article 50?

The government needs permission from the House

The government can trigger Article 50 independently

The decision will be postponed

Article 50 will be revoked