This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Specification:

  • Economic cycle, unemployment and the participation rate, supply-side policies, fiscal policy

Click to listen to the podcast below and then answer the questions:

Are Jeremy Hunt’s plans really a ‘Budget for growth’?

  • What is a technical recession?

  • In a nutshell, how does Chris Giles, FT economics correspondent, summarise the current state of the UK economy?

  • Identify the factors contributing to the UK’s ever-increasing tax burden

  • Explain the deadweight welfare loss associated with the chancellor’s childcare policy

  • Explain what has happened to the lifetime allowance on pensions

  • Evaluate the extent to which this was a budget for growth and investment

Gavin Clarke, Emmanuel College

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