UK Has Plunged in Global Competitiveness Rankings

The video discusses the UK economic outlook, focusing on interest rate projections, inflation impacts, investment challenges, and housing market trends. Economists at Bloomberg predict interest rates may peak at 5% in August, but inflation surprises could lead to further hikes. Investment in the UK is hindered by underinvestment, particularly in green industries, and the country faces competitiveness issues due to increased bureaucracy. The housing market shows a decline in London prices, while the rest of the UK remains stable.

What is the predicted peak interest rate in the UK according to some traders?

• 4%

• 5%

• 6%

• 7%

Which organization released a report highlighting underinvestment in the UK?

• International Institute for Management Development

• Institute for Public Policy Research

• Bank of England

• Bloomberg Economics

What term is used to describe the UK's lack of long-term economic planning?

• Policy paralysis

• Investment phobia

• Growth stagnation

• Economic foresight

How many places did the UK drop in the Annual World Competitiveness Ranking?

• 4 places

• 5 places

• 7 places

• 6 places

What is the expected trend for house prices in London?

• Increase

• Decrease

• Remain stable

• Fluctuate unpredictably