Britain Tips into Recession Again

The video discusses Britain's economic recession, highlighting a decline in GDP and construction output. It examines the impact on construction projects, with both public and private sectors hesitant to invest. The Bank of England faces challenges in deciding on further quantitative easing. Consumer behavior shifts towards more cautious spending, reflecting economic uncertainty. The government's commitment to deficit reduction suggests no quick economic recovery.

What is the current state of Britain's economic growth according to the video?

• It is rapidly increasing.

• It has stabilized.

• It is slowing down.

• It has gone into reverse.

What has been the effect of government spending cuts on construction projects?

• Increased public sector projects

• Reduced new public sector projects

• No effect on construction projects

• Boosted private sector investment

Why was construction halted on a major development in London?

• Lack of construction materials

• Insufficient tenant commitments

• Government intervention

• Completion of the project

What challenge does the Bank of England face in the current economic climate?

• Increasing public sector employment

• Reducing inflation rates

• Determining the need for more quantitative easing

• Deciding on interest rate cuts

How are businesses adapting to the economic downturn?

• By hiring more staff

• By opting for cheaper alternatives

• By increasing prices

• By expanding luxury offerings