Politics UK
Is the Bank of England to blame for inflation?
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Despite interest rate hikes, inflation in the UK continues to rise, and the Bank of England is undoubtedly facing tough challenges. In this video, we explore the history of central bank independence, public dissatisfaction, and the possibility of bringing it back under government control.
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TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision.
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1 – https://www.ft.com/content/dde04841-1acf-4af8-877e-858469535ad1
2 – Schultz, K. (1995). The Politics of the Political Business Cycle. British Journal of Political Science.
3 – https://www.ecb.europa.eu/press/key/date/2007/html/sp070419.en.html
4 – http://news.bbc.co.uk/onthisday/hi/dates/stories/may/6/newsid_3806000/3806313.stm
5 – https://www.theguardian.com/politics/1997/may/07/economy.uk
6 – https://www.nytimes.com/2023/06/24/business/bank-of-england-inflation.html
7 – https://www.newstatesman.com/politics/economy/2022/05/its-time-to-consider-revoking-the-bank-of-englands-independence
8 – https://www.theguardian.com/business/2023/apr/25/britons-need-to-accept-theyre-poorer-says-bank-of-england-economist
9 – https://www.bbc.co.uk/news/business-65609792
10 – https://www.theguardian.com/business/2022/feb/04/bank-of-england-boss-calls-for-wage-restraint-to-help-control-inflation
11 – https://www.newstatesman.com/business/2022/05/the-tories-are-trying-to-blame-the-bank-of-england-for-our-economic-crisis
12 – https://www.theguardian.com/business/2022/may/04/independence-day-why-gordon-brown-gave-the-bank-the-right-to-set-interest-rates
13 – Cecchetti, Stephen. (2008). Monetary Policy and the Financial Crisis of 2007-2008.
14 – https://www.caixabankresearch.com/en/economics-markets/monetary-policy/central-bank-independence-theory-practice
15 – https://www.niesr.ac.uk/blogshould-bank-england-lose-its-independence
16 – https://committees.parliament.uk/oralevidence/13328/html/
source
Politics UK
How the Falklands are Becoming a Petrostate
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As oil drilling moves closer to reality, we explore how it could transform the Falkland Islands’ economy, politics, and long-running sovereignty dispute with Argentina.
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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SOURCES
FT Argentina Angered By Prospect of Oil Boom in Falklands
https://www.ft.com/content/ce25f41d-49e2-42e3-956e-dab0de9301e4?syn-25a6b1a6=1
The Times Drilling to go Ahead at Sea Lion Oilfield
https://www.thetimes.com/business/companies-markets/article/drilling-confirmed-sea-lion-oil-field-rockhopper-falklands-5nz8npwpw
The Times Falkland Islands $4bn Oil Bonanza
https://www.thetimes.com/business/economics/article/falkland-islands-4bn-boost-oilfield-go-ahead-6crtkvqzk
Yahoo Finance The Falklands are Turning into a Mini Dubai
https://finance.yahoo.com/economy/articles/falklands-quietly-turning-next-dubai-180437990.html
BBC News Quick Guide: The Falklands Economy
http://news.bbc.co.uk/nol/shared/spl/hi/picture_gallery/07/in_pictures_the_falklands_economy/print.stm
0:00 How the Falklands are Becoming a Petrostate
7:07 Sponsor
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Politics UK
Britain’s New Plan that Could Kill YouTube
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Full Green Paper: https://www.gov.uk/government/consultations/watch-this-space-a-new-strategic-direction-for-uk-media-green-paper-and-public-consultation/watch-this-space-a-new-strategic-direction-for-uk-media-green-paper-and-public-consultation
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The UK government recently released a green paper outlining plans that could fundamentally change the way YouTube works in the UK – favouring public service broadcasters (like the BBC) and potentially killing independent creators (like us).
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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Politics UK
Nigel Farage vs Count Binface: The Clacton By-Election Explained
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In this video, we’re going to have a look into the Clacton by-election, why the other parties have stood down, what Farage’s plan is, and why it seems like it may have already backfired.
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📖 Read our Manifesto: https://tldrnews.co.uk/manifesto
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
SOURCES
Telegraph Farage By-Election Gamble Turns to Farce
https://www.telegraph.co.uk/politics/2026/07/07/farage-resigns-but-by-election-gamble-turns-to-farce/
BBC News Farage’s Political Rivals Rule Out Standing in Clacton
https://www.bbc.co.uk/news/articles/cjdg4y3g0z7o
The Guardian Political Rivals Vow to Boycott By-Election
https://www.theguardian.com/politics/2026/jul/07/nigel-farage-quits-as-mp-amid-scrunity-over-finances-clacton-reform
Politics Home Labour and Tories Refuse to Field Candidates
https://www.politicshome.com/news/article/labour-tories-refuse-stand-candidates-clacton-byelection
Politico Badenoch Says Farage Cracking Under the Pressure
https://www.politico.eu/article/kemi-badenoch-nigel-farage-pressure-by-election/
0:00 Nigel Farage vs Count Binface: The Clacton By-Election Explained
6:47 Sponsor
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Politics UK
Farage Resigns (But Not Really)
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Politics UK
Why a General Election is More Likely Than You Think
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It seems pretty much a certainty that Andy Burnham will be the next British prime minister. Exactly when it happens depends on a few factors. We outline some of the reasons an early general election is likely.
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📖 Read our Manifesto: https://tldrnews.co.uk/manifesto
Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
00:00 Why a General Election is More Likely Than You Think
06:56 Protecting the Planet
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@yathribbanihamdan368
December 20, 2023 at 3:21 am
First time see an indu slave becomes a leader and command proud english people
@paulsaintclair9761
December 20, 2023 at 3:21 am
Interest rates have been far too low for too many years.. This is not sustainable.. The "Credit Crunch" was never actually resolved…..
@christophaxel1478
December 20, 2023 at 3:21 am
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
@abduldayan9680
December 20, 2023 at 3:21 am
Honestly if the bank of England failed we would be not watching this vedio right now cause the inflation would kill us like hell…
@channelsixtyeight068_Z
December 20, 2023 at 3:21 am
The Tory Party destroyed the UK economy because of their Brexit policy. The English electorate did what it was told and got Brexit done.
@mbs1264
December 20, 2023 at 3:21 am
There should be a limit to the incompetence of BoE board. If inflation reaches a certain limit, let's say 8%, they should all be fired. At least their head should be fired.
@rorymccann9198
December 20, 2023 at 3:21 am
Politicians and bankers go hand in hand as the largest criminal organisation on the planet. Capital punishment needs to be introduced to tackle theses criminals
@AhmedMonir-ok4gj
December 20, 2023 at 3:21 am
Jesus son of Mary, peace be upon him, will descend in Syria on the wings of two angels, his face dripping water as if he had just come out of the shower, his breath will reach the tips of his fingers, any person who enters into the space of his breath will die immediately except for Muslims, he will kill the pig and break the cross and then pray in Al-Aqsa Mosque with Muslims, Then he calls the Christians to convert to Islam, He also recommended them before (in the Gospel of Barnabas) to believe in Muhammad, the Messenger of God peace be upon him.[61:6]
And when Jesus son of Mary said: O Children of Israel! Lo! I am the messenger of Allah unto you, confirming that which was (revealed) before me in the Torah, and bringing good tidings of a messenger who cometh after me, whose name is the Praised One. Yet when he hath come unto them with clear proofs, they say: This is mere magic.
[61:7]
And who doeth greater wrong than he who inventeth a lie against Allah when he is summoned unto Al-Islam ? And Allah guideth not wrongdoing folk.
[61:8]
Fain would they put out the light of Allah with their mouths, but Allah will perfect His light however much the disbelievers are averse.
[61:9]
He it is Who hath sent His messenger with the guidance and the religion of truth, that He may make it conqueror of all religion however much idolaters may be averse.
َآ
@MaxiMonkU2B
December 20, 2023 at 3:21 am
Saying that because a Governor states that are "lessons to be learned" the "model is clearly flawed" as you did… meh.
There are always lessons to be learned, none of this is physics, and surely he didn't mean it in the way you quoted him.
@KOPITE8989
December 20, 2023 at 3:21 am
The bank of england has responded to the circus the call parliment who have caused all this mess and on the verge of taking us to war. Call me up i wont be going send your own kids you bunch of scumbags
@yassine_khaoua
December 20, 2023 at 3:21 am
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $275k bond/stocck portfolio
@josecipriano3048
December 20, 2023 at 3:21 am
Having an independent central bank is a great idea to keep the economy in the hands of the ultra-wealthy without any democratic repercussions.
@josecipriano3048
December 20, 2023 at 3:21 am
Having an independent central bank is a great idea to keep the economy in the hands of the ultra-wealthy without any democratic repercussions.
@FeliciaJudge
December 20, 2023 at 3:21 am
Instead of trying to predict and prognosticate whether or not we’re going into a recession and precisely when it’s going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
@markkierznowski6121
December 20, 2023 at 3:21 am
But still printing £billions for the American proxy war in the Ukraine.
@SevenEllen
December 20, 2023 at 3:21 am
The government couldn't control a REMOTE control, never mind the banks!!!
@eggfromsywell
December 20, 2023 at 3:21 am
The bank of England puts up interest rates to slow "demand" in the economy. But could it be argued that inflation at the moment is driven by lack of "supply" rather than too much "demand" and record high profits by companies. So the government taxing the profits of companies and increasing domestic supply would bring down inflation, not the bank of England increasing rates
@dipunm
December 20, 2023 at 3:21 am
"Given how much of today's inflation was caused by global factors like Putin's invasion of Ukraine"
How much is that exactly? How much vs the spending during the Pandemic? Because honestly, I think you can't single one thing out with a statement like that unless you know it was most certainly the biggest factor.
@roydavis5613
December 20, 2023 at 3:21 am
Inflation is a TAX!!! It BENEFITS the central bank (which is PRIVATE)
@karendylon9867
December 20, 2023 at 3:21 am
I’ve been through so much these past years to the point where I just gave up and laid there for weeks waiting to get better, but I knew nothing would get better and I’m just stuck in one place or just repeating a lot of stuff that happened that I knew would not get better, but one day I just decided to get away from the things that hurt me and try to be as happy as I can be and make the best of it.
I say a big thank you to an experienced platform who’s method are top notch and remunerative for being reliable when it comes to crypto currency investment.
This is more reliable than this so called bank that ran away with our money.
@uzin0s256
December 20, 2023 at 3:21 am
if you look at the inflation status. Its gone down by 2 percent since october.
@louisliau
December 20, 2023 at 3:21 am
I'm absolutely astounded at how I moved from leading a typical life to earning over 63k each month. It's astounding. Although I've learned a lot over the past few years to question it, the financial markets are ripe with chances. Knowing where to concentrate is essential. sincerely grateful THE MARCEL BENJAMIN COOPER….
@BOZ_11
December 20, 2023 at 3:21 am
1:50 – There’s no such thing as a “political business cycle”. The “business cycle” is really the credit cycle (as bank credit waxes and wanes, so does business, because CREDIT IS MONEY).
2:00 – “If they win, it’s their opponent’s problem now” – This is abject BS, since there are no political parties who are happy to depart after one term. Show me one and I’ll reconsider. What would said “problem” be?? You said low rates = booming economy and low unemployment.
2:15 – “To pour cold water on an over-heating economy” – You mean price inflation? That can be controlled through fiscal and monetary policy (lowered fiscal spending plus increased interest rates), but this needn’t be a problem if your working and middle classes have a good share of the national income; a point you fail to address.
2:21 – “Empirical evidence for this theory of political business cycles is spotty”
Hah, why did you include it then??
2:30 – “The benefits (of low rates rates) are short term” – Who told you that? There is no good reason why you cannot have perpetually low unemployment, so long as fiscal and monetary policy are aligned (which they need to be, undermining the so-called “need” for an “independent” BoE). High interest rates have never precipitated low price inflation. Looking at the mid 70s to mid 90s, we had interest rates between 8% to 15%+, and inflation was anywhere between 9% and 17% over the same period. This is a matter of historical record.
2:50 – “Central bankers aren’t seeking re-election every 4 or 5 years”. No, they’re seeking approval from BANKERS, who do not have the greater good in mind; they have a fiduciary responsibility to their shareholders and bank bottom lines. How do you spout this stuff without questioning it?
3:32 – “(Central bank independence) would break the boom and bust of previous years”
OK, our central bank has been independent for 25 years, and oh, we’ve had two recessions in that time, and double digit inflation EXASERBATED by high BoE rates.
3:59 – “low unemployment tends to be associated with higher inflation”
Just LOOK at unemployment figures and compare with inflation. We’ve had single digit unemployment rates AND single digit inflation numbers for 99% of the past 30 years! It’s only the energy companies mucking things up, that we hit double digit inflation in 2022.
4:15 – The Philip curve is nonsense in a post Bretton woods world, since it doesn’t take into account fluctuating currency prices. You need to get new text books
5:48 – Hahah, tell me how Russia caused price inflation, when it’s been confirmed that the NordStream pipeline was bombed by America
6:46 – “most academic literature agrees that independent central banks do a better job of controlling inflation than politicians” – I don’t care about the two-bit academics you read from, where’s your evidence? Refer to my point on 3:59
@ForestFWhite
December 20, 2023 at 3:21 am
If corporations cannot curb their profits, workers should never demand less money. It's not like food and fuel will get cheaper.
@elizabethnilsson1815
December 20, 2023 at 3:21 am
OR IS THAT ALL THE CRAP WEAPONS MAKERS…?
@hansdampf640
December 20, 2023 at 3:21 am
banks are the biggest mafia on this world… time for a renaissance
@bettyswallocks6411
December 20, 2023 at 3:21 am
If Coutts replaced the BoE as the UK central bank, would they close the nations account as soon as the tories run our account balance to below £3 million?
@classicphotos8916
December 20, 2023 at 3:21 am
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
@DC-pk5np
December 20, 2023 at 3:21 am
Is the Iraq invasion also a global fact?
How about an invasion of Syria and Libya?
@crispinensoll4162
December 20, 2023 at 3:21 am
Lefty keynes qe policy is the cause of inflation