15 Hrs
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الاقتصادية
Britain's economic issues undermine Starmer
An economic downturn in Britain led to the resignation of Prime Minister Keir Starmer, who announced that he would step down from his position as Labour Party leader despite remaining as Prime Minister until a successor is elected. Although he claimed that his government contributed to restoring confidence in the economy and achieving faster growth, the economy failed to emerge from recession, with GDP growth at 1.1% in 2024 and turning into a contraction in the second quarter. The country experienced a rise in the cost of living, with inflation averaging 3.27% in 2024, and the government implemented tax increases along with cuts in benefits, putting greater financial pressure on citizens and businesses, and causing a widespread internal crisis.
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