Look-ahead to the Budget on Wednesday

Look-ahead to the Budget on Wednesday

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Philip Hammond's budget delivery comes amid economic challenges and Brexit uncertainties. Despite previous predictions of a surplus, the UK faces a deficit until 2022. The budget focuses on cautious spending, with potential allocations for social care and health. Investments in R&D, AI, and 5G aim to boost productivity. Hammond must balance deficit reduction with economic protection during Brexit, a task that has eluded past chancellors.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial prediction for the UK's budget surplus before the Brexit vote?

A surplus by 2021

A surplus by 2019

A surplus by 2018

A surplus by 2020

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which area is expected to receive significant investment to boost productivity?

Defense

Healthcare

Education

Research and Development

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new strategy is the Chancellor likely to announce to improve connectivity?

A new broadband strategy

A new satellite strategy

A new 5G strategy

A new 4G strategy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges for the Chancellor during Brexit?

Boosting tourism

Increasing taxes

Reducing the deficit while protecting the economy

Cutting public spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is boosting productivity considered difficult despite investments?

Insufficient technology

Previous failures by other chancellors

Lack of skilled workers

High inflation rates