Random Flashcards

1
Q

What is the population of the UK?

A

Approximately 68 million, living in 28.2 million households

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2
Q

How many people are living in absolute poverty in the UK?

A

12 million (18% of population)

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3
Q

For how many years has the UK had an annual current account deficit?

A

Since 1984

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4
Q

How long has the UK had a budget deficit for?

A

Since 2000-1

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5
Q

What was the budget deficit in 2020/21?

A

£318 bn

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6
Q

What was the budget deficit in 2023/24?

A

£120.7 bn

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7
Q

What is the budget deficit projected to be in 2024/25?

A

£87.3 bn

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8
Q

What is the UK’s HDI?

A

0.940, 15th in the world

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9
Q

What did national living wage increase to in April?

A

£10.42 to £11.44

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10
Q

What is the current pound/dollar exchange rate?

A

£1=£1.25

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11
Q

What is the current unemployment rate?

A

4.2%

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12
Q

What did the UK economy grow by in the first three months (quarter) of 2024?

A

0.6%

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13
Q

What are interest rates currently at?

A

5.25%

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14
Q

What was inflation (C.P.I) in March?

A

3.2%

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