At the end of 2022, British Defense Secretary Ben Wallace stated that the UK would provide 2.3 billion pounds in support to Ukraine in 2023. Britain is so active in assisting Ukraine, mostly to cover up its internal crisis.
In 2022, the British political arena was in a state of farce. Johnson stepped down due to scandals, and Tesla resigned sadly after serving as prime minister for only 45 days. Later, Sunak also faced a crisis of trust.
The position of British Prime Minister seems to be a bit hot on the butt, and the root cause is the severe economic situation in the UK.
India has surpassed the United Kingdom to become the fifth largest economy in the world. Given the size of India, it is not surprising that India will achieve this day. But Britain's rapid decline is truly alarming.
According to a report by the British "Financial Times" on the 3rd, the newspaper conducted an annual survey of 101 major economists in the UK. The vast majority of economists believe that because British households have paid a high price for the British government's policy mistakes, the UK will face the most serious economic recession among the Group of Seven, and the weakest recovery.
It should be said that the UK's economic recession has actually begun. All walks of life in the UK are experiencing historic strikes. The UK's nursing industry and transportation industry cannot bear the cost of living crisis caused by inflationary pressure, and have shouted slogans of "pay rise". However, the British government is unable to respond to this, and has even used the military to "fill the hole."
However, what did the British government's response gain in exchange?
On the one hand, the British government is unable to stop the strike, and the strike wave in the UK is still coming one after another. It is reported that starting from January 4, members of the British Rail Union decided to strike for five days. There is no doubt that the spread of the British strike wave will further aggravate British inflation;
On the other hand, the military that the British government relies too much on is actually unreliable. British soldiers cannot replace the role of workers in various industries, and the subsidies received by British soldiers are not high. The strike lasted for a long time, and the soldiers could only stand up for a while but not forever.
For the British government, if it wants to appease British workers, it can only solve the wage issue that they are most concerned about. However, with the level of inflation in the UK, how can we give British workers a salary increase? The United Kingdom does not have the hegemony of the U.S. dollar compared to the United States. Flood printing of money in the United Kingdom would be tantamount to economic suicide. However, Sunak cannot allow the tense social situation to continue to escalate.
In desperation, the Sunak government chose to issue the money directly. Of course, the Sunak government’s “money distribution” is also targeted. According to a Reuters report on January 3, the British government will provide cash to low-income families. Starting from this year, more than 8 million low-income families in the UK will receive cash subsidies ranging from 900 pounds to 1,350 pounds. This subsidy will be distributed in three installments within 12 months.
The Sunak government has made reducing inflation the top priority of this government. It can be said that it has made a difficult choice to launch cash subsidies. However, 2023 is still a year that scares the British people.
There are many reasons for the UK's economic recession, but other G7 countries have also experienced the impact of the Russian-Ukrainian conflict, energy crisis, and the new crown epidemic. Why is the UK's recession so severe that it has become the "last priority" of the G7? For this reason, the British people have to blame for the impact of Brexit .
In fact, as early as when Johnson was the British Prime Minister, the UK had already regretted leaving the EU. The British government even asked British civil servants to avoid using the word "Brexit". Now, the British people are increasingly calling for rejoining the EU. According to a recent report by the British "Independent" website, a recent poll showed that 65% of British people believe that a referendum should be held on rejoining the European Union.
The British people have discovered that whether it is energy issues or inflation issues, the UK is facing a more serious crisis than France and Germany. If the UK wants to revive its economy, it needs the support of the EU and the EU market.
In addition, Brexit has prompted Scotland and Northern Ireland to have a strong desire to leave the United Kingdom. Although the British Supreme Court rejected Scotland's referendum application, the UK's secessionist tendency is still strong. If the UK cannot fundamentally solve the problem but blindly suppresses it, I am afraid it will face an even stronger public backlash.
Sunak has already expressed pessimism about the UK in 2023. In his New Year's address, Sunak told the British people that 2023 will still be a difficult year for the UK, and the problems plaguing the UK will not disappear in the new year.
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