Interest rates have been cut to their lowest level ever...

Interest rates have been cut to their lowest level ever...

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic crisis and its impact on jobs and livelihoods, as explained by the Chancellor of the Exchequer. Small businesses face challenges in accessing financial aid, despite government announcements. The banking sector's response to interest rate cuts is scrutinized, with some banks raising mortgage rates. The ongoing lockdown exacerbates economic problems, highlighting the need for swift financial support amid a medical emergency.

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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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