Financial Crisis: Explained

Jayne Secker is joined by Sky News' Economics Editor Ed Conway, City Editor Mark Kleinman and Business Presenter Ian King to discuss the financial crisis.

#economy #financialcrisis #UK

[vg]

*I totally underestimated Liz Truss. I did say that she would trash the economy in six months. Wow she has done it in a week!*
*She makes Theresa May look good.*

[Sharon-ljkb]

Truss is going to make Boris look good.

[michaelmepham]

LIZ TRUSS IS PUNISHING EVERYONE WHO IS STRUGGLING, SHE IS MAKING THINGS MUCH WORSE NOT BETTER, SHE NEEDS TO BE STOPPED.

[johnnicolson]

I used to think Boris Jonson was the biggest clown in politics but Liz truss makes him look like a genus. Its time for Scotland to leave this sinking ship.

[thesourcerer]

Liz Truss pouring petrol on a raging fire. Only way to describe what she has done.

[frankf]

Again she says nobody is paying more than £2500. She hasn't got a clue what she is talking about.

[paultaylor]

It's all got out of hand is an understatement with not keeping proper control of the nation's interests

[mjc]

Truss is either mad or she is actually trying to wreck the UK.

[theunknown]

The big businesses & city don't pay any tax.... they use the tax loop holes (kindly provided them by the just like the energy suppliers "on paper" pay 40% tax but the govt gives that tax (40%) back to them as it's small businesses and workers that pay the the govts mates and donors don't pay enough wages to live on so govt "subsidies" those low wages with benefits (most people on benefits are working), the govt's mates and donors charging extortionate prices for NHS contracts (just like the dodgy PPE contracts) plus the govt is purposely not training nurses and doctors.... with the AIM of FORCING the NHS to FAIL.... so then the govt can bring in their mates and donors privates INSURANCE based healthcare providers (just like the he's a not so fun fact most of the homeless in the USA are due to extortionate medical bills and they had to put up their houses.... hence homeless, if ANYONE THINKS I'm MAKING any of this up it can all be easily googles

[goletra]

'Mini' budget that includes £2.6B for Ukraine

[StoutProper]

Truss is in cahoots with hedge funds and Mogg who are making a fortune out of this

[wpelfeta]

Curb inflation by lower taxes and growing the economy? Do politicians just say whatever they want now? Since when lowering taxes and growing economy ever meant lower inflation... It's literally the opposite.

[harveydontell]

It's not a typical fuel bill???
There's at least £1000 on EVERYBODY'S bill!!!
They put it up £2000 so they could take £1000 back and have the public think they'd been handed an olive branch!!

[johnbill]

WOW. That chart at about 9:00 minuities showing affordability is incredible. That needs to be shown to every elder person.

[johnoliver]

Liz truss needs to go now and take her chancellor with her!

[AndereAlbert]

From the Netherlands: How on earth can a country, pre-Brexit so admired around the world, fall so deep.

[robertwilkes]

The cap of 2500gbp in UK energy prices is double the energy cap here in France.

[babycharliebrown]

Truss makes Mr Magoo look like a genius.

[neanda]

omg, Truss can not answer a reasonable question with a normal answer (the perfect skills for being a career politician). What an awful state of affairs we're in, and we have her and the other guy in charge? Good luck everyone

[DPK]

Simplified explanation - Tories looking after their own as always. End of explanation!