UK Just Made a Big Change to It's Energy Plan! Interview with @maneco64

Today the UK announced their plan for energy price caps would end in April of 2023 instead of October 2024 as initially planned. This comes just days after the UK, led by newly installed Prime Minister Liz Truss, reversed course on it's "mini-budget" proposal which included 45 billion pounds in tax cuts. This comes as the country has struggled with a route in the UK gilt market which brought the UK's pension system to the brink of collapse.

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Chapters:
0:00 Intro
0:36 UK Shortens Energy Price Cap to April 2023
3:43 World Press Blames Tax Cuts
7:00 New Era of Higher Interest Rates
8:42 European Economic Death Triangle
13:13 EU Proposes Price Control on Dutch TTF Gas
17:28 "Peak" Inflation
21:33 Mario's Warning on UK Real Estate

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#EnergyCrisis #ukpension #inflation #MelonHead