Recently, the United Kingdom** published an article about the cities of the Midlands of the United KingdomNottinghamReports of bankruptcy. According to reports,NottinghamThe local ** overspent by £23 million and faced substantial bankruptcy. This is not the first case of local bankruptcy in the UK, Birmingham, the UK's second-largest city, declared bankruptcy in September this year. The bankruptcy of these two cities sparked a repetition of the UKEconomyof warnings. According to the statistics of the British local ** association, 90% of the local ** in the UK currently have to use their financial reserves to maintain operations, and it is expected that 26 local ** will face the risk of bankruptcy in the next two years. Prime Minister Sunak, who is the chancellor of the exchequer, has been criticized in the UK, and his governing policies have become the target of public criticism.
In addition, Sunak has been in constant trouble lately. SomeBritish PoliticsCharacters have criticized its governing policies, and there are even supervisorsImmigrationThe Minister of Affairs resigned to ** SunakImmigrationPolicy errors. In addition, Sunak was also subject to an investigation that was developed in response to the coronavirus pandemic during his tenure as chancellor of the exchequer in 2020EconomyWhether the policy has had a negative effect. PollsThe data shows that only 24 percent of the population supports Sunak's policies, while the proportion that opposes him rises to 52 percent. It can be seen that Sunak's popularity in the eyes of the British people is rapidly declining.
Sunak is in the face of persistent inflation and deteriorationEconomyNo effective policy measures have been taken to deal with the situation. Since he took office last October, he has not made a strong impression other than his Indian identity. Sunak seems to have won the premiership by chance, rather than gaining respect for his outstanding ability. His rise to power also seemed destined to be an object of accusation. Since taking office, Sunak has closely followed US policy, particularly on aid to Ukraine and a tough stance on China.
However, these two approaches did not bring benefits to Britain and, on the contrary, cut off their own path. The market for Russian energy and China is EuropeEconomyIt is well known that there are two important pillars of development. In order to show loyalty to the United States, Sunak has made unwise moves in handling Sino-Russian relations. He made Britain the second largest donor to Ukraine after the United States, while declaring that the era of Sino-British relations is over. However, these moves did not bring any benefit to the UK, but instead put itself in a passive position.
It is worth mentioning that the United States is not even active enough in terms of assistance to Ukraine, and even signals of dialogue with Russia are being transmitted. After the Sino-US summit in October this year, Sino-US relations eased. When the United States took these moves, even Sunak was not given advance notice. It can be seen that Sunak's tough approach to China has led him to the edge of the cliff, and the future of the UK is also facing huge challenges.
The UK's current fiscal crisis andEconomydeterioration, which is closely related to Sunak's policies. He's dealing with inflation andEconomyThe ineffectiveness of the problem led to the bankruptcy of the British local ** and the dissatisfaction of the people with him. Sunak's over-reliance on the United States, aid to Ukraine and a tough stance towards China have not brought any benefits to the UK, but have harmed its interests. At the same time, the U.S. policy adjustment and the easing of Sino-U.S. relations have made Sunak's position appear isolated and wrong.
For the UK, the face of bankruptcy** and popular dissatisfaction with Sunak are the current problems. To address these issues, the UK needs to change its policy direction and adopt more prudent and pragmatic measures to stimulate itEconomygrowth and solving fiscal problems. At the same time, the UK should recognise the importance of maintaining partnerships with Russia and China and take a more flexible stance on balancing the U.S.-China relationship. Only in this way will Britain be able to get out of its current predicament and achieveEconomyrecovery and the satisfaction of the population.
In short, Sunak's ineffective response to the UK's local bankruptcy problem and his tough approach to China have led to a deterioration in his image among the British public and a rising critical voice. The UK's financial crisis andEconomyThe problem needed to be properly addressed, otherwise it would have serious implications for national development. Only by changing the direction of the policy can we achieve stabilityEconomyOnly by improving fiscal management can the UK rebuild its good image and achieve itEconomyof recovery and prosperity of the country.