“The UK finds it increasingly difficult to actually provide the standard of living that many people expect” – William Davis.
The Bank of England has warned that the UK is expected to enter its longest recession since records began in the 1920s.
Energy and food prices are skyrocketing, and inflation is in the double digits, higher than it has been in 40 years. Amid this economic uncertainty, many Britons are witnessing a decline in living standards.
“This shows up in scandalous examples of increasingly poor public services, rising levels of child poverty and people living in situations that the UK would have considered shameful not long ago.” says William Davis.
united nations up frontMr. Davis, Professor of Political Economy at Goldsmiths, University of London, and Co-Director of the University’s Center for Political Economy Research, joins Mark Lamont Hill to discuss what lies behind the shrinking UK economy and what it is. discuss what it means to people in the UK.