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Jacob Rees-Mogg: ‘Excellent work on your forecasts, Mr Bailey’ | UK borrowing rate soars

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40 Comments

40 Comments

  1. @PeterJC22

    December 21, 2023 at 2:28 am

    Really! Everybody’s at fault but you!!

  2. @b0rg1010

    December 21, 2023 at 2:28 am

    The government destroys everything they touch but are we surprised? In all my lifetime the government has never done anything for the greater good without taking 3 times more back.

  3. @GWills-ys6rd

    December 21, 2023 at 2:28 am

    HOW CAN THE PEOPLE FROM NORTH EAST SOMERSET VOTE FOR A PERSON LIKE REES-MOGG? HE CONTINUES TO SUPPORT THE LIAR BORIS JOHNSON!

  4. @lw1zfog

    December 21, 2023 at 2:28 am

    sickening displays

  5. @stephenkedge6805

    December 21, 2023 at 2:28 am

    The mortgage market was destroyed on your watch…You have no credibility and should remove yourself from decent society. When mortgage rates reach 6 percent in November and the government has to intervene in the mortgage market, the true cost of your smoothly delivered verbal insanity will become clear.

  6. @markhughes7927

    December 21, 2023 at 2:28 am

    Growing the economy – what a yippee idea! – but is it possible under the Hobbesian nightmare of Washington ideology and its war mindset? The poor canary is called ‘Julian’….

  7. @iandavis1723

    December 21, 2023 at 2:28 am

    Everything is going to plan.

    The economy is well on the way to being destroyed to usher in a digital currency.

  8. @paulmatthews9366

    December 21, 2023 at 2:28 am

    It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

    Thomas Sowell

  9. @brianhall869

    December 21, 2023 at 2:28 am

    They weren't bothered about the economy it was a coup to destroy Brexit and put WEF and EU shills into power to overturn Brexit and get us to be the EU's doormat again!. Open your eyes it's happening in front of you and still the Tories tow the party line. Corruption what's the point voting the 2 parties are a corrupt farce who don't care what you vote for they will decide .

  10. @DD-fc1rv

    December 21, 2023 at 2:28 am

    Bogg getting a stiffy thinking about all those tax cuts for millionaire's. What a foul little thing he is.

  11. @rknaik76

    December 21, 2023 at 2:28 am

    Now i think Liz was right, but she pressed her foot too sudden and hard on gas pedal otherwise he thinking was good.

  12. @AndrewMSmith130

    December 21, 2023 at 2:28 am

    Is it time to remove the independence of the Bank of England?

  13. @tropics8407

    December 21, 2023 at 2:28 am

    Hurray socialism 🤕 has only been failing for the last 100 years but let’s do some more 🙄🤦‍♂️

  14. @reddeadbret4218

    December 21, 2023 at 2:28 am

    Of course it would have been. The problem with politicians is they are unwilling to make the difficult decisions now for long term benefits later. Instead we have the steady decline – decisions are made such that its not drastic and where we're not falling off a cliff, but instead we're walking down it and the path behind us is crumbling away. Leaving nowhere to go but down.

    Until someone with Thatchers unwilting determination comes in to do the hard dirty work, this country will continue to decline and drag the hard working people down with it.

    All the while the Sunaks of the world live happily in their mansions, not having to face any of the consequences of their own decisions.

  15. @samsolomon6152

    December 21, 2023 at 2:28 am

    Well, this seems like a good time to oust Sunak. He's done nothing but harm this great country and everything we're going through is only because of Net Zero (ie taxation), nothing else!

    Britain deserves better. Vote Reform

  16. @stephencrossland2493

    December 21, 2023 at 2:28 am

    Yes !

  17. @luisbustamante9869

    December 21, 2023 at 2:28 am

    Jacob is moonlighting at GB News instead of looking after his constituents. Greedy man, he is rich enough from his offshore financial companies.

  18. @davidife597

    December 21, 2023 at 2:28 am

    Most of us with any sense know that the lefty Blob, wef and eu lovie pondlife always had no intention of letting the peoples choice of pm and government exist. The run on the pension companies assets was engineered by the money elites and made the government carry the can, a total stitch up so Rishi and his scum to take over.

  19. @matthewcook9404

    December 21, 2023 at 2:28 am

    Matthew 19 verse 24.

  20. @nicholashughes8214

    December 21, 2023 at 2:28 am

    The gap between what the British Ruling Elite and the British State is capable of doing and the current reality of the World in the 2020s and what is required is big and getting bigger. A fundamental change in Regime is required but i dont see how that is going to happen so the gap between requirements and capability grows and things get worse. BUT on the other hand since the ruling regime in the UK is so good at PSYOPS I am pretty sure the bulk of the population will be distracted or have their attention redirected else where

  21. @johnblowes600

    December 21, 2023 at 2:28 am

    I said at the time they should have kept Liz Truss

  22. @alanjeffs-ep8lq

    December 21, 2023 at 2:28 am

    Who employs these idiots who constantly predict the wrong outcomes, the filthy corrupt Government, Sunak and Hunt have failed miserably, and should resign.

  23. @cluckingbells

    December 21, 2023 at 2:28 am

    Bailey, the BoE, is not responsible for our lack of energy security.

  24. @arthurdixon5890

    December 21, 2023 at 2:28 am

    The BoE should have started earlier and raised rates more gently. Driving SS UK takes a gentle but firm hand

  25. @GreenStreetPlayer1

    December 21, 2023 at 2:28 am

    Not only are interest rates supposed to keep in check the levels of inflation, they also have the biggest say on the cost of housing. Leaving rates so low for so long has created high house prices, which in turn lead to bigger mortgages being taken out. Now with rates increasing, it’s a double whammy for those with a mortgage. In the past, rates rose and fell every 3-5 years or so, but they largely kept in check the cost of housing. Now, the bubble created and subsequent attempts and interventions by govts on housing schemes has damaged many sectors probably for decades to come. The BoE have been nothing short of disastrous. Like everything and it appears everyone needs to be reviewed. I’m sure a report on their ‘non activity’ over the last fifteen years or so will be damming. Trouble is it’s taken so long for them to be questioned and called out. The alarm bells were ringing many years ago, but no one raised the effects of leaving rates so low for so long. The jury should have been out a long time ago. And even now, the people in charge seem to be coming under no pressure to resign or be sacked. Where is msm now? The BoE must be ‘their’ boys and girls so they are laying off! Silence speaks volumes. And to add, wasn’t it something to do with high gilt rates that had a detrimental effect on BoE pensions which raised fears of Truss’s budget. Now with these rates even higher, what’s their thoughts now in the silence on these rates?

  26. @Kevin-lf4xx

    December 21, 2023 at 2:28 am

    Mogg the man who forecast cheap food prices .

  27. @scottessery100

    December 21, 2023 at 2:28 am

    He’s like a vampire 🧛‍♂️

  28. @robtheplod

    December 21, 2023 at 2:28 am

    Poor Mr Bailey, must be awful to have just one role, one job, and still not be any good at it.

  29. @jam1mugenuser

    December 21, 2023 at 2:28 am

    i think maybe your government should not have printed all that money jacob

  30. @colinwheeler4683

    December 21, 2023 at 2:28 am

    Definitely as you eluded to…. Grow

  31. @lmg7503

    December 21, 2023 at 2:28 am

    Sunak has never been good since sunak has been empowered

  32. @j.t.jaeger1595

    December 21, 2023 at 2:28 am

    BoE often get it wrong, to the consumers detriment.

  33. @andrewcole4843

    December 21, 2023 at 2:28 am

    The internationalist coup had succeeded and that is what the fanatically anti UK IMF, EU, and Democrats wanted. The fact that all of their advice was wrong along with the causality, so we are now in a worse position is hardly a surprise. So Astra Zeneca moved to Ireland as soon as Hunt announced his IMF approved tax yield fail corporation tax rate – instant "success" for the internationalists poodles.

  34. @billykotsos4642

    December 21, 2023 at 2:28 am

    Mogg qre defending Truss?
    You lot really do deserve whats coming to you

  35. @XstaticState69

    December 21, 2023 at 2:28 am

    Perhaps the Government should stop giving our money to the INVADING ARMY!

  36. @perfectstorm7379

    December 21, 2023 at 2:28 am

    The real reason they want Ofcom to look into presenters who are MPs etc, they tell the truth and expose the lies.

  37. @lobintool

    December 21, 2023 at 2:28 am

    "Sir Beg Jam Scrooge" talking utter drivel as usual, masquerading as legitimate economic analyisis which he doesn't really understand. BTW, I don't understand it either but I don't pretend to! He seems to think he can explain it by putting on a posh accent as if that makes his opinion valid! Sorry Jacob..that doesn't work!

  38. @imbonkers3629

    December 21, 2023 at 2:28 am

    Mark carney and now Bailey are wef puppets 🙈

  39. @reinholdmueller4882

    December 21, 2023 at 2:28 am

    Tory mantra: It's always someone else at fault. It's nothing to do with Brexit.

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