U.K. Economy: All Eyes on the U.K.

As the U.K. deals with a bout of market volatility, political transitions, and sticky inflation, how will policy makers and the Bank of England respond, and where might the U.K. economy be headed from here? Chief Cross-Asset Strategist Andrew Sheets and U.K. Economist Bruna Skarica discuss.


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[thomasherrin]

Energy shocks were caused in the main by Germany and Italy's reliance on Russian energy and the switchover due to shutoff, the political crisis was caused by 200, 000 Tory voters (The Tory M.P.'s chose Sunak) selecting the wrong leader for cheaper taxes which will not now happen and which has now been corrected by a new Tory leader, the inflation rate in the U.K. is lower than the average E.U. rate. Germany and Italy have wider problems than the U.K. going forward, and the projection is of the U.K. economy being one of the faster growing of the G7 in 2023!?!