PM: Global price spikes making life 'very tough'

The video discusses the economic challenges faced due to global price spikes and the recovery from COVID-19. It highlights government measures to support households, particularly in managing heating costs, with a financial package of £4.2 billion. The video also addresses inflationary pressures in the US, Eurozone, and UK, emphasizing the need to support low-income individuals with fuel costs.

What is one of the main reasons for the current economic challenges faced by households?

• Decrease in global trade

• Increase in employment rates

• Lack of government support

• Global price spikes due to economic recovery from COVID-19

Which of the following is NOT a financial support measure mentioned by the speaker?

• Pensioner support

• Cold weather payments

• Warm homes discount

• Free public transportation

How much is the total package to support people with energy costs?

• £2.5 billion

• £3.8 billion

• £4.2 billion

• £5.0 billion

What is causing the general inflationary pressure according to the speaker?

• World economy recovering from COVID-19

• Increased government spending

• Rise in unemployment rates

• Decrease in consumer demand

Which regions are experiencing similar inflationary pressures as the UK?

• Middle East and Eastern Europe

• US and Eurozone

• Asia and Africa

• South America and Australia