A Boost for Beer and Bookies in UK Budget

A Boost for Beer and Bookies in UK Budget

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses a historic budget event in Britain, led by the first female chancellor. It covers significant tax hikes, including National Insurance and capital gains tax, alongside unexpected tax reliefs like frozen fuel duty and reduced business rates. Government spending adjustments are also highlighted, with mixed reactions from political parties. The chancellor introduces new fiscal rules, impacting the market, particularly sin stocks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the chancellor's budget affect spending on the National Health Service?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What fiscal rule change was mentioned regarding borrowing?

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