Concerns grow across UK about looming cost-of-living crisis

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Al Jazeera English published this video item, entitled “Concerns grow across UK about looming cost-of-living crisis” – below is their description.

Rising energy costs and clawbacks on government pandemic benefits are leading to what many see as a looming cost-of-living crisis in the UK.

But the man in charge of the purse strings is warning that the UK’s pandemic spending comes at a cost to future generations.

Speaking at the annual conference of the ruling Conservative Party, Finance Minister Rishi Sunak said it would be immoral to keep loading debt onto future generations. He said it was also time to raise taxes.

Al Jazeera’s Paul Brennan reports from Manchester.

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#UK #Economy #COVID

Al Jazeera English YouTube Channel

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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