Chancellor Told to Halt Petrol Price Rise

Chancellor Told to Halt Petrol Price Rise

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant rise in petrol prices and its impact on the public, economy, and politics. It highlights the planned 3 pence increase in petrol duty, which has been postponed, and the public's concern over rising costs. The government argues that prices are still lower than previous plans, while the opposition suggests delaying the increase. The video also covers the impact on consumers and businesses, emphasizing the potential economic consequences. Despite the unpopularity of the increase, the government needs the revenue it would generate.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage did petrol prices rise by in the five years to June?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the financial impacts on households due to rising petrol prices?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the government's stance on the planned 3 pence rise in petrol duty?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How have supermarkets like Asda responded to the rising petrol prices?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential economic consequences of increasing transport costs for businesses?

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