UK Slips Into Recession, London Loses Another Listing: Bloomberg UK Show
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- čas přidán 14. 02. 2024
- The UK slipped into a mild recession in the second half of 2023, showing Prime Minister Rishi Sunak has so far failed to meet his pledge to grow the economy. We unpack with Investec Bank Economist Sandra Horsfield and Bloomberg's Senior Executive Editor for Macro Markets Simon Kennedy. We also discuss the latest blow to the reputation of the London Stock Exchange, as TUI plans to abandon its UK listing. "Bloomberg UK" focuses on the biggest economic, financial and political issues facing Britain. The program goes beyond the market moves with expert analysis and top interviews from the heart of London.
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So Japan and Uk are now in recession. hmm
Guess we are next the global economy is 🤝
London has fallen.
UK in recession, Germany, Japan, in the US non payment of credit cards/mortgages soaring. People can barely afford essentials. Wont be shallow for long...its going to deep dive shortly
Supermarket prices are at least 25% higher than before Covid but of course inflation officially is 4% 😂
Someone doesn't understand the power of compounding... 🙄
@@nilsmayer3283 - someone has too much ££ in pocket to bother about inflation!
Consider the prices are increasing by 4% every year. Then by the end of 5 years, something which had cost 100, would now cost 121. That's how compounding increases the effect over the years.
@@shimofukatatrue but it also has been followed by shrinkflation
Germany, uk, Japan are honest with their people. Here in the USA they just change the definition of recession and fudge the cpi/gdp numbers. 😢😢
Very true.. there's no way the economy grew last year but they make these statements thinking the USA public is stupid
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
We've not been out of it for years.
I very much enjoy my extra portion of sovereignty!
Everybody knows that the trading deals will some day be oven ready.
Those sections were so powerful, too bad Russia used the Uno reverse card 😒
Can we say "stagflation"? Without productivity gains, there is inflation and no economic growth and ever increasing government debt.
1 in 5 kids in UK suffering for tooth decay cause parents cant afford healthcare. A true gem of a place the UK is.
Import more Islamic migrants
Is Dental covered under free-Healthcare in the UK.
@@krib1669 only if dentists accept NHS patients, most don't
1.Stop funding the war
2. Focus on your own people
Are you rethinking Brexit now?
Abolition of the top rate of income tax (45%) planned for April 2024 would disproportionately benefit high earners, including the super-rich - deepening inequality.
Please bring back Boris Johnson and Liz Truss to mend the economy. Hahaha
“The Fed don’t like the dot plot because they might be held to account”.
God forbid they should be held to account.
Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
- Exports and imports, accounting for 37% GDP, are down.
- Foreign investment is falling over 90% compared to its peak in 2018.
- Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
- Consumer prices are experiencing deflation.
- Youth unemployment hits over 21%, a record.
- Its fast-shrinking workforce is 10 years older than neighboring countries.
*Still, China keeps reporting outrageous GDP numbers.* Lol
Where does the growth come from?
not from jerking off and throwing parties, Brits! Sucks being sucks!
No doubt Chinas Property Sector is having some issues which can be fatal for their economy but overall they are doing better their Domestic Demands are tough not growing impressively but they are steadily growing.
Unless CCP Fucks up this Real estate issue I don't see any sinces of China Slipping into recession tough their Growth % may Decrease ( But they had Allready touched their peaks allready )
are you a bot paid by biden? you are leaving the same comments everywhere lol must be hard to cope
In China they have more homes and apartments then people. No homeless. Must be nice. Meanwhile in the UK, 1 in 5 kids in UK suffering for tooth decay cause parents cant afford healthcare. A true gem of a place the UK is.
@@arpanabinaswar1811 While it's very hard for China to slip into recession. It's likely that China is overhyping its economic growth even before pre-pandemic time. And it's mainly due to the way China notes its GDP. At the start of the financial they gives a target to every province that they have to grow up to certain level. If it didn't happen, most likely that province leader will come into CCP's bad books and likely won't get ticket for the next election. At the end of the year province will send their economic output to CCP. And of course no province will send less than what they had as their target by manipulating figures, spending money more than required(since GDP includes spending done by govt.
If any country conduct its GDP like that, their would be false no., as no one wants to lose power.
Many responsibility for start future economy and situation
Really, it's a blip compared to the brutal recessions of 2008/9....1992....1979.....1975/6.
coupled with the cost of living prices and the housing crisis?
BRICS ❤️💪🏻
Recession 😂 like my wages 😂😂
Thanks to Brexit😢
In the UK's respect, it's mostly down to Brexit. They were warned of the economic consequences. But the champions of Brexit kept pushing it through, promising a land of fairy tale prosperity.
Overly simplistic explanation.
Much more to do with high interest rates aimed at beating inflation.
yeah Brexit has been great lol so much growth 😹😹😹 suckers
Lol global recession and inflation effecting everyone after years of global lockdowns, but brexit is the cause😂😂?. Bitterly deluded people...
Due to covid and Putin....nothing else.
the ongoing W.E.F. 6UILD 6ACK 6ETTER pogrom is global in scope
Don't worry USA is next in a few months
Sunak we'll grow the economy ! We go into recession...
Asia prosperous than uk or eu
Asia the poorest place in the world after Africa. Lol Europe got bigger gold reserves than ENTIRE Asia combined, no joke. 😄👍Oh and median wealth per adult citizen is higher in many countries of Europe than USA, let alone Asia. I see Asians dying to get to Europe, not many Europeans moving to Asia. Even today the only really wealthy places in Asia are Japan, South Korea, Taiwan. And it all ends there.
Stay honest!
Sunak and the Tories are going out next election,
第三次世界大戦の入口にならないよう祈ります
British aircraft carriers are unable for service back in for maintenance 😂
@@madleon81 日本の労働者と明らかに違うのはやはりストライキなのでしょう？今の日本には活力が無いですね（笑）
Worlds going to tumble tumble for a new beginning embrace it ❤❤🎉🎉
Lol.
The prime minister should resign.
No...give him another 14 years,...we'll prosper much more quickly.
Get Labour and taxes will shoot up plus open door immigration and cheap foreign labour.
Economic failure guaranteed.
@@PollieBrooon-cz5ygyeah that's what I think is gonna happen to the UK. Labor are not really good for UK but since conservatives did a terrible job in succession, they are gonna be stuck with Labor... Good luck
@@L9MN4sTCUkYup, Austerity the failed economic tool that has been applied for the last 14 years
Stop migration
Lift the tax up, many rich people
Hugh Grosvenor is worth £9 billion and owns huge parts of London, simply because one of his ancestors took it or was awarded it a few centuries ago. The aristocracy needs to have their lands taken back and redistributed amongst the people. Actually as the Britons were originally Celtic people, the lands of the UK should be redistributed amongst the Scots, Irish and Welsh.
Yeh, never going to happen.
ONLY LISTING THE TORIES ARE NOW ON ON , IS FAILED IN THERE DUTIES AND FILLED THERE OWN GREEDY POCKETS
UK in recession 😩🫣😳🤔👀 OMG
Vote for unlimited migration
who care
😂😂👍🏾
Truly a puppet show, this recession was so predictable
Ordo ab Chao.
God will bring down fiants if we all keep the faith. 😇🙏🙏🙏🙏🙏🙏🙏
Trump China tariffs drove prices up like crazy.
Thank bidenomics 😂
Bushanomics
@@user-zo2ge3oe8d ok troll, just created your account?
@@user-zo2ge3oe8dReaganomics
No Rate Cuts!!! We need to end the era of easy money...It will be painful at first, but eventually the fever will break and the average Brit will be better for it when we come out on the other side...
Who Cares London ?
Invite more Palestinian migrants
London is looooooooong gooooone it's absolutely meaningless nowadays...
To fix the issue, let's send more money to Zelensky to support his war with Russia. It will pay back in the long run.
According to Senator Rand Paul the money funds handbag shops and fashion chain s and pensions .
😂😂😂
Russia is playing 3D chess game while the EU, Japan, UK, Canada & AmeriKKKa are still playing in a sandbox!! 😂
From last 4 years😅there are benefits of brexit😂less money to Eu more locally😅👍
This is all happening because of the sins that you all had committed cruely.