UK Slips Into Recession, London Loses Another Listing: Bloomberg UK Show

Рет қаралды 46,102

4 ай бұрын

The UK slipped into a mild recession in the second half of 2023, showing Prime Minister Rishi Sunak has so far failed to meet his pledge to grow the economy. We unpack with Investec Bank Economist Sandra Horsfield and Bloomberg's Senior Executive Editor for Macro Markets Simon Kennedy. We also discuss the latest blow to the reputation of the London Stock Exchange, as TUI plans to abandon its UK listing. "Bloomberg UK" focuses on the biggest economic, financial and political issues facing Britain. The program goes beyond the market moves with expert analysis and top interviews from the heart of London.
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Пікірлер: 114

@damienyuen7718 4 ай бұрын

So Japan and Uk are now in recession. hmm

@tarikviaer-mcclymont5762 4 ай бұрын

Guess we are next the global economy is 🤝

@MrMountain707 4 ай бұрын

London has fallen.

@madleon81 4 ай бұрын

Supermarket prices are at least 25% higher than before Covid but of course inflation officially is 4% 😂

@nilsmayer3283 4 ай бұрын

Someone doesn't understand the power of compounding... 🙄

@madleon81 4 ай бұрын

@@nilsmayer3283 - someone has too much ££ in pocket to bother about inflation!

@shimofukata 4 ай бұрын

Consider the prices are increasing by 4% every year. Then by the end of 5 years, something which had cost 100, would now cost 121. That's how compounding increases the effect over the years.

@madleon81 4 ай бұрын

@@shimofukatatrue but it also has been followed by shrinkflation

@thisweekmetaverse 4 ай бұрын

UK in recession, Germany, Japan, in the US non payment of credit cards/mortgages soaring. People can barely afford essentials. Wont be shallow for long...its going to deep dive shortly

@eyelovecolorado2195 4 ай бұрын

Germany, uk, Japan are honest with their people. Here in the USA they just change the definition of recession and fudge the cpi/gdp numbers. 😢😢

@user-lt5no1xt1z 4 ай бұрын

Very true.. there's no way the economy grew last year but they make these statements thinking the USA public is stupid

@detectiveofmoneypolitics 4 ай бұрын

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

@ArabicReja973 4 ай бұрын

Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment is falling over 90% compared to its peak in 2018. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?

@adhiwicaksono6149 4 ай бұрын

not from jerking off and throwing parties, Brits! Sucks being sucks!

@arpanabinaswar1811 4 ай бұрын

No doubt Chinas Property Sector is having some issues which can be fatal for their economy but overall they are doing better their Domestic Demands are tough not growing impressively but they are steadily growing. Unless CCP Fucks up this Real estate issue I don't see any sinces of China Slipping into recession tough their Growth % may Decrease ( But they had Allready touched their peaks allready )

@qijingfan5656 4 ай бұрын

are you a bot paid by biden? you are leaving the same comments everywhere lol must be hard to cope

@Phosho92237 4 ай бұрын

In China they have more homes and apartments then people. No homeless. Must be nice. Meanwhile in the UK, 1 in 5 kids in UK suffering for tooth decay cause parents cant afford healthcare. A true gem of a place the UK is.

@HarshRaj-px9se 4 ай бұрын

@@arpanabinaswar1811 While it's very hard for China to slip into recession. It's likely that China is overhyping its economic growth even before pre-pandemic time. And it's mainly due to the way China notes its GDP. At the start of the financial they gives a target to every province that they have to grow up to certain level. If it didn't happen, most likely that province leader will come into CCP's bad books and likely won't get ticket for the next election. At the end of the year province will send their economic output to CCP. And of course no province will send less than what they had as their target by manipulating figures, spending money more than required(since GDP includes spending done by govt. If any country conduct its GDP like that, their would be false no., as no one wants to lose power.

@DBGE001 4 ай бұрын

I very much enjoy my extra portion of sovereignty! Everybody knows that the trading deals will some day be oven ready.

@pipe360ful 4 ай бұрын

Those sections were so powerful, too bad Russia used the Uno reverse card 😒

@user-cs1dt2xw4c 4 ай бұрын

We've not been out of it for years.

@thanatu76 4 ай бұрын

Are you rethinking Brexit now?

@TheresaYipLF54 4 ай бұрын

Please bring back Boris Johnson and Liz Truss to mend the economy. Hahaha

@JK-zw8ec 4 ай бұрын

Can we say "stagflation"? Without productivity gains, there is inflation and no economic growth and ever increasing government debt.

@kakashisenpai99 4 ай бұрын

1.Stop funding the war 2. Focus on your own people

@Phosho92237 4 ай бұрын

1 in 5 kids in UK suffering for tooth decay cause parents cant afford healthcare. A true gem of a place the UK is.

@user-wb3jq6fd2y 4 ай бұрын

Import more Islamic migrants

@krib1669 4 ай бұрын

Is Dental covered under free-Healthcare in the UK.

@solaireastora5394 2 ай бұрын

@@krib1669 only if dentists accept NHS patients, most don't

@silviupadure2555 4 ай бұрын

Abolition of the top rate of income tax (45%) planned for April 2024 would disproportionately benefit high earners, including the super-rich - deepening inequality.

@NicFydd 4 ай бұрын

“The Fed don’t like the dot plot because they might be held to account”. God forbid they should be held to account.

@PollieBrooon-cz5yg 4 ай бұрын

Really, it's a blip compared to the brutal recessions of 2008/9....1992....1979.....1975/6.

@chazaroony123 4 ай бұрын

coupled with the cost of living prices and the housing crisis?

@RO_MARIOS 4 ай бұрын

Thanks to Brexit😢

@human8454 4 ай бұрын

BRICS ❤️💪🏻

@BeYourselfMan 4 ай бұрын

In the UK's respect, it's mostly down to Brexit. They were warned of the economic consequences. But the champions of Brexit kept pushing it through, promising a land of fairy tale prosperity.

@a13xdunlop 4 ай бұрын

Overly simplistic explanation.

@martinsingfield 4 ай бұрын

Much more to do with high interest rates aimed at beating inflation.

@LukeBarkerJLPB 4 ай бұрын

yeah Brexit has been great lol so much growth 😹😹😹 suckers

@rupjak355 4 ай бұрын

Lol global recession and inflation effecting everyone after years of global lockdowns, but brexit is the cause😂😂?. Bitterly deluded people...

@PollieBrooon-cz5yg 4 ай бұрын

Due to covid and Putin....nothing else.

@tyroneanderson5619 4 ай бұрын

Don't worry USA is next in a few months

@david-ky7rt 4 ай бұрын

Sunak and the Tories are going out next election,

@veronicaboyce6794 4 ай бұрын

Recession 😂 like my wages 😂😂

@user-wg1ks9oe2v 3 ай бұрын

Many responsibility for start future economy and situation

@user-oz6qs9bd2y 4 ай бұрын

第三次世界大戦の入口にならないよう祈ります

@madleon81 4 ай бұрын

British aircraft carriers are unable for service back in for maintenance 😂

@user-oz6qs9bd2y 4 ай бұрын

@@madleon81 日本の労働者と明らかに違うのはやはりストライキなのでしょう？今の日本には活力が無いですね（笑）

@akshayrvndrn 4 ай бұрын

The prime minister should resign.

@PollieBrooon-cz5yg 4 ай бұрын

No...give him another 14 years,...we'll prosper much more quickly. Get Labour and taxes will shoot up plus open door immigration and cheap foreign labour. Economic failure guaranteed.

@user-lt5no1xt1z 4 ай бұрын

@@PollieBrooon-cz5ygyeah that's what I think is gonna happen to the UK. Labor are not really good for UK but since conservatives did a terrible job in succession, they are gonna be stuck with Labor... Good luck

@LadyDiamondIsHereNow 4 ай бұрын

@@L9MN4sTCUkYup, Austerity the failed economic tool that has been applied for the last 14 years

@user-wb3jq6fd2y 4 ай бұрын

Stop migration

@pip1723 4 ай бұрын

Sunak we'll grow the economy ! We go into recession...

@kiatwatgiattanonphds5551 4 ай бұрын

Asia prosperous than uk or eu

@Just_another_Euro_dude 4 ай бұрын

Asia the poorest place in the world after Africa. Lol Europe got bigger gold reserves than ENTIRE Asia combined, no joke. 😄👍Oh and median wealth per adult citizen is higher in many countries of Europe than USA, let alone Asia. I see Asians dying to get to Europe, not many Europeans moving to Asia. Even today the only really wealthy places in Asia are Japan, South Korea, Taiwan. And it all ends there.

@codzymajor 4 ай бұрын

Stay honest!

@minititan 4 ай бұрын

Thank bidenomics 😂

@user-zo2ge3oe8d 4 ай бұрын

Bushanomics

@minititan 4 ай бұрын

@@user-zo2ge3oe8d ok troll, just created your account?

@LadyDiamondIsHereNow 4 ай бұрын

@@user-zo2ge3oe8dReaganomics

@lw1zfog 4 ай бұрын

the ongoing W.E.F. 6UILD 6ACK 6ETTER pogrom is global in scope

@mayank5809 4 ай бұрын

who care

@mikey2raah443 4 ай бұрын

😂😂👍🏾

@johntaylor3940 3 ай бұрын

ONLY LISTING THE TORIES ARE NOW ON ON , IS FAILED IN THERE DUTIES AND FILLED THERE OWN GREEDY POCKETS

@prancer4743 4 ай бұрын

UK in recession 😩🫣😳🤔👀 OMG

@user-wb3jq6fd2y 4 ай бұрын

Vote for unlimited migration

@shaqisumari304 4 ай бұрын

Lift the tax up, many rich people

@cutice 4 ай бұрын

Hugh Grosvenor is worth £9 billion and owns huge parts of London, simply because one of his ancestors took it or was awarded it a few centuries ago. The aristocracy needs to have their lands taken back and redistributed amongst the people. Actually as the Britons were originally Celtic people, the lands of the UK should be redistributed amongst the Scots, Irish and Welsh.

@sphenoidjjj 3 ай бұрын

Yeh, never going to happen.

@all4synchronicity162 4 ай бұрын

Truly a puppet show, this recession was so predictable Ordo ab Chao. God will bring down fiants if we all keep the faith. 😇🙏🙏🙏🙏🙏🙏🙏

@shankarbalakrishnan2360 4 ай бұрын

Worlds going to tumble tumble for a new beginning embrace it ❤❤🎉🎉

@sphenoidjjj 3 ай бұрын

Lol.

@dagobello 4 ай бұрын

Trump China tariffs drove prices up like crazy.

@paulbunyan9436 4 ай бұрын

No Rate Cuts!!! We need to end the era of easy money...It will be painful at first, but eventually the fever will break and the average Brit will be better for it when we come out on the other side...