Johnson Promises Infrastructure Boom

The video discusses the UK economy's current state, focusing on the government's recent £5 billion investment in infrastructure. While this is seen as a positive start, it is not enough to address the significant challenges faced by the economy. The business community's wish list includes reducing input costs and implementing demand stimulus measures. The quarterly economic survey reveals historic lows in business confidence, highlighting the need for further stimulus. The discussion also covers the importance of apprenticeships and wage subsidies to support youth employment and boost business confidence.

What was the initial reaction to the £5 billion investment plan for the UK economy?

• It was seen as a comprehensive solution.

• It was considered an important start but insufficient.

• It was criticized for being too large.

• It was ignored by the business community.

What is one of the key measures suggested by business communities to support the UK economy?

• Increase in business rates

• More government regulations

• Reduction in employment-related taxes

• Higher taxes on consumers

What form of demand stimulus is suggested to encourage consumer spending?

• Introduction of new taxes

• Reduction in public spending

• Increase in VAT

• Vouchers for households

What was the general sentiment of the quarterly economic survey?

• Optimistic about future growth

• Indifferent to current conditions

• Dire with historic lows in indicators

• Unchanged from previous quarters

What is a major concern for the future according to the economic survey?

• High confidence in business growth

• Lack of recruitment intentions

• Overconfidence in the market

• Excessive government intervention

What is necessary for businesses to offer apprenticeships and work placements?

• Confidence in business conditions

• Reduction in workforce

• Higher taxes on businesses

• Increased government regulations

Why are wage subsidies important for young people entering the labor market?

• To increase government revenue

• To ensure they are not left unemployed

• To reduce the number of apprenticeships

• To discourage businesses from hiring