The overall trend of the UK in 2011, GDP growth rate, inflation rate, monetary policy, financial policy, interest rate, urgently needed!!!

The British Chambers of Commerce (BCC) lowered its forecast for the fourth time on Monday (November 28). It currently expects UK economic growth to be 0.9% in 2011 and 0.8% in 2012. Two months ago, the BCC had forecast growth of 1.1% in 2011 and 2.1% in 2012.

According to the latest data from the British Office of National Statistics, the average inflation rate in the UK in the first quarter of 2011 will reach 3.6%; in the second and third quarters, the UK economic growth rate was 0.1% and 0.5% respectively; in September 2011 Monthly inflation rose to 5.2%, the highest since September 2008.

In 2011, the British economy continued to linger at a trough. Not only was its growth weak, but it was also on the verge of recession. In the first three months to October, the total number of unemployed people reached 2.64 million, a 17-year high. In order to safeguard what Cameron calls "national interests", especially the financial industry that is crucial to the British economy, Cameron has not hesitated to become more conservative in foreign policy.

On the domestic front, the government has still vigorously implemented economic policies to significantly reduce public expenditures and compress the fiscal deficit over the past year. People who are already struggling to make ends meet amid the economic downturn have strongly reacted against the government's series of new austerity policies, and large-scale protests have occurred one after another over the past year.

In March, hundreds of thousands of people took to the streets of London to protest against government spending cuts; in June, hundreds of thousands of civil servants and teachers went on strike to protest against the government’s pension reform plan; in November, thousands of University students marched in London to protest against rising university tuition fees; at the end of November, more than 2 million public sector workers held a 24-hour general strike, the largest strike in the UK in 32 years.

In addition to these direct protests, some major events that occurred this year are also closely related to the economic downturn. In August, riots that started in north London quickly spread to many cities across the UK. Cars were smashed, shops were robbed, houses were burned, and thousands of people were arrested. Young unemployed people with no future in poverty-stricken areas have become one of the main perpetrators. While the police were suppressing with all their strength, Cameron couldn't help but lament: "Our society is sick." In October, the "Occupy Action" spread from Wall Street to London. After the occupation actions in the United States have been cleared, protesters in London have so far Still stationed in front of St. Paul's Cathedral in the Financial City, they displayed the slogan "We are the 99%" to express their indignation against the greedy bankers.

While there are many "internal troubles", "foreign troubles" also continue. Although the government announced the end of all military operations in Iraq this year, sad news of soldiers dying in Afghanistan still comes from time to time. In a situation where finances were already tight, the military expenditure far exceeded the budget for participating in the military operation in Libya, which was strongly questioned by the public. A diplomatic turmoil broke out with Iran, and the embassy in Iran was stormed by Iranian protesters, which eventually led to the closure of both embassies and the expulsion of the ambassador.

In this troubled time of economic downturn, Prince William and Kate's "wedding of the century" once brought hope to the British people for a "better life", but this fairy-tale scene was short-lived after all. Under the government's call for the people to "live through the difficult times", how to maintain their livelihood is the longer-term and realistic problem they face.