Look-ahead to the Budget on Wednesday

Look-ahead to the Budget on Wednesday

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of rising inflation on British households, highlighting the financial struggles faced by families due to stagnant wages and increasing living costs. It compares different measures of inflation, showing how real wages are affected. The video also explains how the referendum has accelerated inflation by devaluing the pound, making imports more expensive. The Chancellor's upcoming budget is expected to confirm further inflation increases, despite promises to support working families.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the referendum have on inflation according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations regarding inflation in the upcoming budget as mentioned in the text?

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