Why the UK Economy Stopped Working
In this Bloomberg Originals mini-documentary, we show how a series of crises have left the next prime minister with a major debt problem.
With an election looming next month, voters across the UK will be passing judgment on a British economy that’s come under significant pressure. The combination of Brexit, the coronavirus, a cost-of-living crisis and the consequences of austerity under successive Tory governments has left the nation struggling to right itself.
The US burst out of the pandemic’s aftermath with record-low unemployment and a booming economy, while more recently some European nations have managed to dust themselves off, too. But as Bloomberg Originals shows in the mini-documentary Why the UK Economy Stopped Working, Britain has been held back—most of all by debt.