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No sign of U-turn as Truss admits to ‘disruption’ following tax-cutting package

No sign of U-turn as Truss admits to ‘disruption’ following tax-cutting package

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the introduction of an energy price guarantee to help families manage energy costs, capping bills at £2500. It highlights the urgency of implementing economic measures due to global pressures, including the war in Ukraine. The government aims to support families and businesses without raising taxes, coordinating with the Bank of England. The video also addresses reversing the National Insurance rise and the importance of online safety legislation. The focus is on supporting the British public through a challenging winter while maintaining economic stability.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum amount a typical family will pay on their energy bills due to the energy price guarantee?

£2500

£3000

£2000

£6000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which policy was reversed to help families with their finances?

Income Tax Increase

National Insurance Rise

VAT Increase

Council Tax Increase

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major concern for businesses during the winter?

Increased competition

Lack of workforce

Unaffordable energy bills

High rent costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What global economic factor is mentioned as causing pressure?

Trade wars

Rising interest rates

Decreasing oil prices

Increasing inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of energy professionals in the context of the energy price guarantee?

Providing financial advice

Installing energy-efficient systems

Setting energy prices

Negotiating with energy suppliers

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