UK's Kwarteng Says Won't Back 'Abritrary' Windfall Tax on Energy Companies

UK's Kwarteng Says Won't Back 'Abritrary' Windfall Tax on Energy Companies

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the challenges of dealing with 9% inflation, highlighting global factors like the pandemic and the Ukraine situation. It covers the UK government's response, including fuel duty cuts and the debate over windfall taxes. The discussion emphasizes the need for investment in the UK economy, particularly in energy security, and addresses the trust issues between corporate elites and the public. The video concludes with a focus on the importance of stable fiscal policies to encourage investment.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What investments does the Chancellor want to see in the UK economy, and why are they important?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the conversation address the issue of trust between corporate elites and the public?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between investment in energy security and the government's stance on windfall taxes?

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