Nicola Sturgeon reacts to news that the POUND IS FALLING

GBNews published this video item, entitled “Nicola Sturgeon reacts to news that the POUND IS FALLING” – below is their description.

‘The policies in that mini-budget are both morally abhorrent and fiscally reckless.’

Scotland first minister Nicola Sturgeon reacts to news about the pound falling saying it will only lead to ‘greater inflation.’

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About This Source - GBNews

GB News is a free-to-air television and radio news channel in the United Kingdom. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station has been available on DAB+ radio.

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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Scotland is a country in Western Europe which forms part of the United Kingdom. Its government was joined with that of England’s through the 1707 Acts of Union. A devolved government now administers many of the affairs of the country, though ultimate authority still resides with Westminster. Scotland has a distinct legal system and national sporting associations. 5.2 million people live in Scotland and the largest city in the country is Glasgow, though the capital is Edinburgh where the government sits at the Scottish Parliament opposite Holyrood Palace.

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