Kwarteng shrugs off ‘little turbulence’ after U-turn over tax cut for rich

The transcript addresses the economic challenges faced by Britain, including rising energy bills, the aftermath of COVID-19, and global growth slowdown. It emphasizes the government's commitment to economic growth through a new economic deal, focusing on fiscal discipline and infrastructure delivery to counteract these pressures.

How does the speaker describe the current economic situation in Britain?

What is the speaker's stance on government action in response to the current challenges?