UK's Summer of Strikes Spreads From Ports to Courts

UK's Summer of Strikes Spreads From Ports to Courts

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Interactive Video

Business

University

Hard

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The video discusses the impact of strikes on the UK's supply chain and economy, highlighting upcoming strikes by barristers and telecom workers. It examines the economic cost of these strikes, noting that while they may seem disruptive, the overall impact is relatively small compared to the UK's economy. The discussion also touches on the pressure unions face to secure pay rises during a cost of living crisis and compares the current situation to historical strikes, suggesting that the economic risks are lower now due to factors like less unionization and the Bank of England's independence.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have people adapted to working from home post-pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the reduced risk of wage-price inflation compared to the 1970s?

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