Channel 4:Recession

• What interest rate did the Bank of England bring down to recently?

  4.5%
• What does the Bank of England's interest rate cut signify for borrowers?

  It provides relief for borrowers and mortgage holders
• What external factors are affecting consumer spending according to the ergonomic furniture seller?

  External price rises and shipping costs
• What was the Bank of England's growth forecast cut to?

  0.75%
• What does the Bank of England warn about the future economic situation?

  There are bumps on the road ahead
• What is the predicted inflation rate by the end of summer?

  3.7%
• Why is the Bank of England cautious about lowering interest rates further?

  Inflation is expected to rise again
• How does the Bank of England view the relationship between energy prices and inflation?

  Energy prices are a primary cause of inflation
• What was the inflation rate last autumn?

  1.7%
• What does it mean when inflation exceeds pay growth?

  People's real standard of living falls
• What has been the trend in economic growth since last spring?

  It has been stagnant
• What does the Bank of England attribute the stagnation in growth to?

  Government policies and national insurance increases
• How does the Bank of England view the relationship between inflation and economic growth?

  Stable low inflation supports economic growth
• What is the Bank of England's stance on tariffs imposed by President Trump?

  They create uncertainty in the economy
• What does the Prime Minister believe is necessary for economic growth?

  Big actions and reforms are needed
• How does the Prime Minister view the relationship between interest rates and consumer spending?

  Lower interest rates increase consumer spending
• What is the minimum wage's status according to the Prime Minister?

  It has gone up
• What does the Prime Minister mean by "jam tomorrow" in economic terms?

  Future promises of growth without immediate results
• What does the Prime Minister suggest about the UK's approach to nuclear energy?

  It should be more proactive and less defensive
• What is the Prime Minister's view on the relationship with President Trump?

  It is important for trade and economy
• What does the Prime Minister emphasize about the need for economic growth?

  People should feel better off and secure
• How does the Prime Minister plan to address the economic challenges?

  By implementing significant reforms and policies