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Protesters In UK Protesting Against Energy Prices And Cost Of Living - Politics - Nairaland

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Protesters In UK Protesting Against Energy Prices And Cost Of Living by NATOPRO: 1:22pm On Oct 01, 2022
On 23 September, the UK's Chancellor of the Exchequer, Kwasi Kwarteng, unveiled a new £60Bln ($64Bln) growth plan to support the country’s economy as the cost of living soars. The plan includes canceling the planned rise in corporation tax, keeping it at 19 percent - the lowest level in the G20.
Sputnik comes live as demonstrators gather in London to protest against sky-high energy bills and the wider cost of living crisis.
Twenty-one percent of UK citizens say they were forced to cut costs on essential food items, and the same number of people say they had to cut spending on household essentials, according to a recent YouGov poll.
In September, the Bank of England raised its interest rate by 50 basis points to 2.25 percent from 1.75 percent per annum - the highest level since December 2008. According to the Bank's forecasts, the British economy will fall into recession in the fourth quarter of 2022.
Re: Protesters In UK Protesting Against Energy Prices And Cost Of Living by Nobody: 1:30pm On Oct 01, 2022
Cool

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Re: Protesters In UK Protesting Against Energy Prices And Cost Of Living by RZArecta(m): 1:35pm On Oct 01, 2022
There was no need going into a stupīd proxy war in the first place. There was no need pumping British funds into a war when it was best spent on its people and now, look at the outcome. Politicians will never make a sacrifice that will affect them. They'll rather sacrifice the country instead cool

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