Economic impact of rising interest rates will be widespread across the UK

Economic impact of rising interest rates will be widespread across the UK

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the falling pound on various sectors, including local businesses, the craft beer industry, and consumers. It highlights how the drop in currency value has led to increased fuel prices, affecting delivery costs for businesses. The craft beer industry faces challenges due to rising import costs and other expenses, leading to potential downsizing. Consumers are also feeling the pressure, with higher rents and financial constraints. The overall economic uncertainty is causing concern across different sectors.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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