Business UK
UK Inflation | ‘The national debt isn’t even the half of it!’ says Liam Halligan
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Donald Trump hails “extremely positive and productive conversations” with China as the President speaks at a state banquet with the Chinese President Xi Jinping in Beijing.
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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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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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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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@gusmlie
December 19, 2023 at 9:44 pm
The inflation is directly linked to bills
@rinkydinky78
December 19, 2023 at 9:44 pm
Look up the BOE's "Executing a bail in" doc and understand how they intend to blow up the debt system and transition us to cbdc, blockchain, smart contracts, tokenisation etc. Considering central banks track record, you'd think this would be a good opportunity to discuss whether they should have authority over money creation vs a democratically controlled public treasury?
@sandrastewart2450
December 19, 2023 at 9:44 pm
Because britain is taking in the whole world and keeping them not to mention the money that's being given away by our corupt polititions
@soniafell8267
December 19, 2023 at 9:44 pm
Boris in Ukraine Nero fiddles while his country burns 🔥
@silondon9010
December 19, 2023 at 9:44 pm
Every single person should be on PAYE
@fubar.1
December 19, 2023 at 9:44 pm
Welcome to broken Britain
@johnmoncrieff3034
December 19, 2023 at 9:44 pm
If the civil servants go on strike then they should all be unceremoniously dismissed forthwith, as they have been fighting against the will of the people for the last 6/7 years if not longer! They should lose their pensions as they have not paid into that scheme out of their wages, unlike all those in the private sector who have made quite substantial contributions!
@bayarcadeandgaming676
December 19, 2023 at 9:44 pm
Price rises are the consequence of inflation. To say price rises are inflation is incorrect. Inflation is created by the Government and the Central Bank and use this to inflate the debt away.
@iandougall7169
December 19, 2023 at 9:44 pm
It seems fairly obvious that the public sector is draining the life from this country
@gusshredney1491
December 19, 2023 at 9:44 pm
Cut the pensions of these public sector leeches.
@paulniggel
December 19, 2023 at 9:44 pm
GREED& FEAR! &we know who the greedy are don,t we NIGE !!
@edwardrodgers9008
December 19, 2023 at 9:44 pm
What garbage… Public sector workers pay into their pensions as much as 15% of their salary… the pensions have been reformed several times and are less generous now.
Do you want 70 year old police officers and firefighters or nurses?
Private sector workers pensions can be found floating around the Mediterranean Sea in he form or Robert maxwell and Phillip greene yachts!! Don't be fooled.. keep your eye on where the money is!! It isn't with nurses, firefighters, teachers or bin men!!
@nickwhitehead3873
December 19, 2023 at 9:44 pm
I have a friend who works in local government and she simply refuses to accept she is privileged because of her pension arrangements! She even says that she contributes to it through her paying taxes, not realising that it’s the tax payer who pays her wages, and therefore her tax back to the government! Oh, btw, she has a University degree and therefore should be really intelligent! Doh!
@keithblower1091
December 19, 2023 at 9:44 pm
What makes anyone think when inflation reaches 18% it stops there. Unless the government stops printing money, ie cuts spending AND raises taxes, it will keep on rising until all money becomes just valueless pieces of paper.
@chrislambert9435
December 19, 2023 at 9:44 pm
Inflation is from one place and one place only, it is from "government" working with central Banks to Print money and distribute this cash through so-called quantitative easing, the present Government spending schemes will cause more Inflation
@kernowforester811
December 19, 2023 at 9:44 pm
I have to disagree salaries in the public sector especially civil service are 8% higher than the public sector. The ONS does not publish stats that the civil service earns on average 8% more than the private sector. The ONS also compares like for like, and then it is apparent the prvate sector exceeds the public sectr including penisons. There is a serious retention and recruitment problem in much of the public sector, as pay is not competitive. Start looking at skilled and technical roles, and the public sector pay lags behind. The real World examples are many, I can quote. That is facts not feelings. This is an old chestnut, comparing oranges and apples. Average is meaningless when comparing a neuro surgeon with a ar tender. Many public sector employees have had their salaries frozen since 2010. The man being interviewed here is not quoting facts, and espousing feelings over facts, and what he quotes he is being very selective with. Hardly a balanced interview.
@j.t.5876
December 19, 2023 at 9:44 pm
Let them strike, let them get their pay demands, and watch as they squirm as the economy collapses on a scale never like before in the history of England!
@cardroid8615
December 19, 2023 at 9:44 pm
Can GB news talk about a referendum on mass immigration please? Us Britons are being made a minority in our own country by mass immigration. We need a vote on our own future. This is immoral
@jimwest7107
December 19, 2023 at 9:44 pm
Halligan is excellent
@steveturner6770
December 19, 2023 at 9:44 pm
What about Farage and his £88k EU pension that the taxpayer is picking up? Slimey fellow is happy to pocket that.
@ezraepizon5303
December 19, 2023 at 9:44 pm
In my entire life Sterling has gone down…meaning politicians have not made the country richer.
@dangermouse6561
December 19, 2023 at 9:44 pm
I wonder who is lending the countries money??? That would be an interesting discussion Nigel.
@d.jparer5184
December 19, 2023 at 9:44 pm
Liam haligan is great, he's really starting to develop as a broadcaster as well as being very knowledgeable
@firstknight6057
December 19, 2023 at 9:44 pm
It's not our debt it's the polititans debt we didn't blow our money they did never forget never forgive….. Seize thier assets and bank accounts that should make a dent in the debt they created
@poolsnookered3446
December 19, 2023 at 9:44 pm
Oh gosh
@tobycolin6271
December 19, 2023 at 9:44 pm
My final salary scheme and many others where stopped on anti discrimination laws. It was argued that anyone that you couldn’t continue as if you where born after a certain date you couldn’t qualify. It was simple the company set up a new scheme for new employees and once younger people could only join the new scheme the old scheme was shut down under the anti discrimination laws.
@robertcook2572
December 19, 2023 at 9:44 pm
Halligan is definitely a glass half full sort of person.
Trouble is, his glass is half full of warm piss.
@jamesnewing886
December 19, 2023 at 9:44 pm
Is it militant to want a pay rise for workers when they have had a pay freeze for 3 years and inflation is 10% and rising? I think not – this is a cost of lockdown and poor monetary policy crisis which the Gov has brought on itself. They do need to make real cuts in the state and get the economy moving again, and ditch net zero, that is a major disaster for the economy.
@seaniek9175
December 19, 2023 at 9:44 pm
Every country is to its neck in debt and no one seems to mind and central banks seem to be happy to keep printing the money. US debt is eye watering . Same with counteries like Italy , Greece. Hard to know where it will all end. Probably China will eventually take control over everyone
@michaelhart895
December 19, 2023 at 9:44 pm
When you abandoned your wealth creating Engineering and manufacturing sector at the alter of local government none jobs ,coffee shops warehouses, banking and call centres etc , why the surprise when you have a massive national debt and an unskilled workforce highly qualified with a university degree in bullshitoligy .
@williamkennedy5492
December 19, 2023 at 9:44 pm
Sounds like i should have joined the public sector, their pensions are paid for by us, and out of kilter with reality.
@traoresfan208isback8
December 19, 2023 at 9:44 pm
12 years of Tory incompetence, 13 years of New Labour caused this and 5 years of the LibDems caused this.
@Jonnybravo6742
December 19, 2023 at 9:44 pm
The civil service and their gold plated pensions are in for a massive shock in the near future. Good, their ignorance and entitlement should be rewarded in kind.
@MSmmzz33
December 19, 2023 at 9:44 pm
We all deserve a living rate pension that is already well below that of Europe a minimum of £450 a week hardly something to a simply affordable level in Scotland don t know about London and other large cities after all you ve worked for it should be livable.