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August 18, 2022Fintech in Focus | EP29
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The UK Cost of Living Crisis

The UK cost of living crisis seems to be worsening. With the UK phasing out Russian oil imports, inflation soaring, interest rates rising in many markets, and a possible recession, there's a lot to tackle.

We spoke with Darryl Hood, Sr. Director, EMEA Sales & Dealing at Corpay Cross-Border Solutions about what the UK economy is looking like, addressing near-term challenges, and what to expect in the future.

Timestamps

  • 0:38 – Implications of the UK phasing out Russian oil imports

  • 7:54 – Impact of soaring inflation of the UK economy

  • 13:57 – A look at interest rates rising in many markets

  • 18:52 – The odds of a recession and what it might look like in the UK

View Transcript Here

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Notice and disclaimer: By accessing the Podcasts I acknowledge that: (a) the contents are owned by Fleetcor Technologies, Inc. NYSE:FLT and the podcast is not to be replicated or used without permission of the owners; (b) these are high level general discussions and interviews to encourage conversation and do not provide professional guidance or advise; or guarantee results; (c) opinions may be expressed and owners cannot guarantee accuracy of same. This series is intended for North American audiences.(d) the views and opinions of the guests of “Fintech in Focus” do not necessarily represent those of the FLT companies.