Business UK
Legal & General pull out of UK debt market due to ‘economic uncertainty’ | Liam Halligan reacts
‘It’s a bit of a moment when an absolute flagship of the financial community in the UK says something publicly.’
GB News Economics & Business Liam Halligan reacts to Legal & General pulling out of the UK debt market due to ‘economic uncertainty.’
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Watch as Will Kensington expresses concern about the state of the UK, arguing that Downing Street is no longer a place of power but has instead become Britain’s most expensive Airbnb.
This comes as Andy Burnham is set to become the UK’s seventh Prime Minister in a decade, with seemingly no one challenging the “King of the North” for the country’s top job.
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Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
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‘We have real pressing financial issues as a country. I find focus on stuff like this quite ridiculous!’
Nana Akua hits out at the Cabinet Office’s suggestion that banknotes should featurre prominent ethnic or LGBT figures from British history.
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Join Martin for an up-to-the-minute take on the day’s events delivered in his own unique and lively style.
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France holds annual Bastille Day parade with different military regiments with foreign troops included. President Emmanuel Macron has invited leaders from The Coalition of The Willing to watch parade.
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‘You have the five permanent members on the security council that can veto, so anything that is done, Russia will veto it.’
Foreign affairs analyst James Marlow discusses the UN’s powers and limitations.
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@bluegtturbo
December 18, 2023 at 4:13 pm
No surprise at all. The government has been spending money on welfare schemes like drunken sailors. The only way out of the crisis will be hyperinflation so that the debt is diminished
@imjinriver641
December 18, 2023 at 4:13 pm
Inflation at its core is excess demand over supply – excess demand in the form cash has no product to buy. Britain makes nothing, and if you have an idea for a product, want to make something, there will be a mass of regulation, culture impediments (woke environmental) to stop you. Everything being imported we are held hosted to the productive capacity of other countries. Furthermore, Russian sanctions have backfired. People are too stupid to wake up, only a complete collapse will resolve..The only chance the UK had was implementing Brexit, however ‘Level Playing Field’ ensured there would be no competitive advantage leaving the EU.
@foxmoongaze
December 18, 2023 at 4:13 pm
UK bonds were gilt edged because they used to be backed by gold – now just backed by useless failing governments addicted to debt
@Sabhail_ar_Alba
December 18, 2023 at 4:13 pm
This is what happens when one dope ( Boris Johnson) appointscanother dope Andrew Bailly) as chairman of
BoE. The guy is hoplessly out of his depth. BTW , L&G are a woke investment company obsessed with gender quotas, ethical investing and global warming. Your money wont do much resting with them.
@DavidJohnson-yg8qm
December 18, 2023 at 4:13 pm
Yorkshire saying. You get nowt for nowt. So this is the cost of paying for those 'things' (hotel bilks?) we cant afford.
@beeleigh23
December 18, 2023 at 4:13 pm
That £37,000,000,000 spent on Track & Trace looks pretty foolish now doesn't it.
@MUFC1933
December 18, 2023 at 4:13 pm
Does that affect my insurances in England at all??
@cliveclerkenville2637
December 18, 2023 at 4:13 pm
They grossly mismanage COVID. We all pay through the inflationary nose. And instead of any sort of apology, they slash tax free capital gains to the bone. Robbery, plain and simple.
@stevenvater2681
December 18, 2023 at 4:13 pm
…i see trouble 't mill….
@johnkent7114
December 18, 2023 at 4:13 pm
13 years of a Tory government have destroyed the country and Brexit has destroyed the reputation of the UK
@erongi233
December 18, 2023 at 4:13 pm
It was QE which was used to force interest rates down in the first place to almost zero.
Interest rates were quite happily above the rates we have today for decades and decades.
QE sponsored the incompetent and the spivs to survive in business encouraging cheap debt over the last decade making the situation far worse for when interest rates start going back to "normal" which is now. QE with zero rates made housing unaffordable to a whole generation. QE was and is a disaster.
@douglasvick9703
December 18, 2023 at 4:13 pm
Debt.Debt….For instance .Millions per day for our uninvited.unidentifiable visitors!!!!!!!….In Gloucestershire 600 Million pounds on a spurious useless road works.Just to name 2 disgraces….I was taught""Cut Your Coat According To Your Cloth!!!!!
@jrh86
December 18, 2023 at 4:13 pm
Tories out
@bustedfender
December 18, 2023 at 4:13 pm
“Brexit has failed”: Nigel Fartrag, 13/5/23. You didn’t believe enough.
@graemecarnegie7821
December 18, 2023 at 4:13 pm
How could a debt based economic model ever work?
@littlemanhovis
December 18, 2023 at 4:13 pm
maybe its time for the bank of England to go we can all see what they have done to country
@janoginski5557
December 18, 2023 at 4:13 pm
Problem: Printing Money. The Lessons of History. And inflation is yet another “hidden” Tax in a country that has a Tyrannical Tax system. They think it’s bad in the States, 🤣. We’ve left already, the sinking ship, the Rotten edifice, you can thank the political classes for leading you into the mire. Goodbye & good riddance
@lukasrayzor
December 18, 2023 at 4:13 pm
Trusted you alot Liam, but when you spouted that interest rises we’re finished a couple of mpc meetings ago you lost ALOT of credibility with me unfortunately
@benardpatrick9482
December 18, 2023 at 4:13 pm
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $280k in months. You have to seek for help in the right places.
@bendovernow69
December 18, 2023 at 4:13 pm
Yes Liam your correct again.
Government medel’s too much and just replaces the people who don’t sing from there sheet.
If it’s government funded it’s not Free thinking ! ! ! ! 😮
@Ravi-hy4qh
December 18, 2023 at 4:13 pm
BREXSHIT IS Killing the UK.
Brexshit is costing us HUNDREDS OF BILLIONS already.
Brexshit is costing us companies investment jobs to EU Qatar Dubai Asia
PLANDEMIC PPE scandals hundreds of Billions stolen during lockdowns by government family friends donors WTO WEF NWO agenda.
Brexshit is killing British farming fishing export manufacturing industries
@Fidelisjoff
December 18, 2023 at 4:13 pm
An open border leads to higher Government spending and higher taxation.
@conner.9262
December 18, 2023 at 4:13 pm
WHEN will GBN speak the truth …?? The reason for all this negativity in the markets ARE THE UNHINGED SANCTIONS PUT ON RUSSIA …. now Germany has admitted it’s in recession …. WHY …. sanctions after sanctions after sanction ELEVEN packages of sanctions…. You would think after the first FIVE they would think again ??? ALL self inflicting …… AND JOE PUBLIC TAKING THE HIT WITHOUT A SAY IN THIS MATTER ….. Absolute fools …
@globalismoblackman
December 18, 2023 at 4:13 pm
Oh no no no no no 😂😂😅😅 😂 Babylon UK in trouble 🧐. If it looks,walks and talks like a Ponzi ? Guess what guys its Ponzinomics UK.🤣. Told ya say no to Brexit but ya didn't listen hmmmm 😊.
@marcmullen6419
December 18, 2023 at 4:13 pm
podophiles,, rapists, racists the police are the best government funded organised corrupt criminals in the uk
@pierrewave7235
December 18, 2023 at 4:13 pm
Didn't much care for Liam Halligan when I first started watching GB News, but he's the first video I click on now, bloke talks a lot of sense in a way, as a non-financial bod, I can understand.
@nicholasdoyle922
December 18, 2023 at 4:13 pm
I thought Nigel and Jacob were going to lead Britannia into Valhalla. More like the sewer.
@jillcolclough5168
December 18, 2023 at 4:13 pm
Rick Rule laughs when he talks about the British having Andrew Bailey in charge of the Bank of England who has a degree in history – he thinks its hilarious the British are that stupid! Well we are not laughing not have we got Andrew to worry about = we have Sunak and Hunt who's only reason for being power is to bring in Central Digital Bank Currency!!! Come back Liz and come back Kwasi! At least they wanted us to suceed!!!!!
@369dabbler
December 18, 2023 at 4:13 pm
The head of Bank of England needs to be sacked immediately aswell as liz truss and anyone who puts our nation in peril
@rockerjim8045
December 18, 2023 at 4:13 pm
another Brexit success
@Warnz60
December 18, 2023 at 4:13 pm
Still paying the price for convid. Liam should be in charge, we would not be in the terrible financial mess we are in. Billions wasted on convid and dishing out money to proxy war in Ukraine.