Britons Hoard Cash Due to Economic Uncertainty

Britons Hoard Cash Due to Economic Uncertainty

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic uncertainty in the UK due to Brexit, highlighting increased hoarding by consumers and companies' strategic responses. It examines the impact on economic data, housing prices, and inflation, with insights from Bloomberg's Lucy Meakin. The Bank of England's role in ensuring financial stability and the potential relocation of banks are also covered. The Halifax's housing market forecasts reflect the uncertainty, predicting modest growth.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are banks considering in response to the uncertainty caused by Brexit?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the Halifax report indicate about future house price growth in the UK?

Evaluate responses using AI:

OFF