Business UK
Bank of England intervention is ‘calming the markets’ says Economics and Business Editor
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.
#Labour #PrimeMinister #KeirStarmer #UKNews #GBNews
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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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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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@sketcharmslong6289
December 22, 2023 at 6:58 am
Ahh GB "NEWS". Very soon to be deleted from my algorithm. I sincerely hope your outlet of selfish bullshit soon vanishes without trace. Cheerio
@ssjmonstar
December 22, 2023 at 6:58 am
The market the same market that will drop a buisness share value because of a tweet …..
@captainbuggernut9565
December 22, 2023 at 6:58 am
It won't last. Ken Clarke who was an excellent chancellor has pointed out that the Octonaut should concentrate on the numbers not the politics. Unfortunately rather than consider what they did wrong we just got another statement saying the same thing. You can lead a horse to water…..
@stephfoxwell4620
December 22, 2023 at 6:58 am
One hour from the insolvency of fifteen major Pension funds.
As always the Tories have lost control of the economy due to their excessive borrowing and refusal to tax thecrich
@keewng
December 22, 2023 at 6:58 am
There were strong rumours IMF Conspired with ECB to shoot down Black Messiah Kwasi Kwarteng Mini-Budget, the run too was Conspiracy but with US participants, apparently all parties agreed Kwasi Kwarteng Mini-Budget would get out of current ECB imposed Financial systems. IMF is the conspirator!
Black Messiah Mini-Budget shall be the Gospel to kill current financial system. ECB feared components of Mini-Budget could expose it's incompetent.
@Mithril_Antimarr
December 22, 2023 at 6:58 am
Sounds like this commentator is desperately spinning the markets going from worrying to just plain bad as a major recovery… it is still not good… However, the BOE is doing it's best to calm the markets but the current level of intervention is not sustainable for long and the markets know it. UK Govt needs to be doing more to outline a path to budget repair and economic recovery that is not going to blow up the economy as rt now it looks like the rich will benefit heavily from the latest budget measures while the poor and middle class will get royally screwed by the coming rate rises causing a big drop in discretionary spending for all but the rich. Would be nice if the Truss Govt gave some thought to an energy policy that incentivised power generation by methods that were not extremely expensive rt now, that is how you save the economy by lowering power prices and not with indefinite unaffordable subsidies. You can't trust the market forces to sort this sort of thing out, electricity generation is a very capital intensive business and incentives are required to get anything done relatively quickly.
@lousmaczylo7281
December 22, 2023 at 6:58 am
Looking forward to the rioting.
@potnoogle5780
December 22, 2023 at 6:58 am
Bank of England money printer going to cause higher inflation as they it's going to go up to 17%. It's all planned.
@windowman929
December 22, 2023 at 6:58 am
Brexit will pull us through.
@stephenclarke2206
December 22, 2023 at 6:58 am
Where is Liz Truss? Next week's Tory Party conference looks like it will be bloodbath.
@stephenclarke2206
December 22, 2023 at 6:58 am
GB News are big supporters of Liz Truss & Italian Fascism
@neilhedley6080
December 22, 2023 at 6:58 am
Protect the rich, no one else matters
@paultravers8581
December 22, 2023 at 6:58 am
Why do they force pension funds to hold these trashy assets from Banana Republics like the UK? In my view they should be forced to own a proportion of their assets in gold, which has never 'defaulted' in 5,000 years.
Liam Halligan sounding more and more like Comical Ali every hour, "there is no financial crisis, nothing to see here" 😂
@pip1723
December 22, 2023 at 6:58 am
Gb cookoo land news this is a disaster.
@waynej4962
December 22, 2023 at 6:58 am
Pre-fab panic.
@timbimjim514
December 22, 2023 at 6:58 am
Blood in the water, sharks circling. Liam trying hard to calm things down but the panic is palatable.
@seamusmcevoy2011
December 22, 2023 at 6:58 am
Good to see GB news reporting this positive news, unlike the BBC and LBC.
@krishnan-resurrection714
December 22, 2023 at 6:58 am
..first remove the bone from thy own nose Karteng !!!!!
@alan40able
December 22, 2023 at 6:58 am
More inflation inbound 😂
@cobrasvenom1954
December 22, 2023 at 6:58 am
the globalists investors can very easily lower any currency they are sharks on two legs
@YoSmoked
December 22, 2023 at 6:58 am
Whoever’s reading this, I pray that whatever your going through gets better and whatever your struggling with or worrying about is going to be fine 💖
@andrewoliver8930
December 22, 2023 at 6:58 am
Has Kwarteng got our interests at heart or the Hedge Fund that he worked for – or maybe both?