UK Economy Picks Up Pace, Struggles of Australian Artists, and Economic Effects of Tighter Lending

Simply Economics

Britain's economic recovery is picking up pace, with key sectors experiencing growth. Nearly half of Australia's working artists earn less than $10,000 a year, highlighting ongoing economic disparities. The economic effects of tighter lending by banks raise concerns about potential consequences. Stay informed about these important economic developments and their implications for the UK, Australia, and the global economy.
Sources:
https://www.thetimes.co.uk/article/britains-economic-recovery-picking-up-pace-qqc37dgmh
https://www.abc.net.au/news/2024-05-07/creative-australia-artists-at-work-artist-income-inequality/103803622
https://www.ft.com/content/464d506f-b8c1-44fd-b8d0-fcee362c07e5
https://www.frbsf.org/research-and-insights/publications/economic-letter/2024/05/economic-effects-of-tighter-lending-by-banks
Outline:
(00:00:00) Introduction
(00:00:39) Britain’s economic recovery ‘picking up pace’
(00:04:00) Nearly half of Australia's working artists earn less than $10,000 a year
(00:06:58) US High School Economics class: Pepsi revenue declines after US consumers flinch at higher prices
(00:07:29) Economic Effects of Tighter Lending by Banks