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On The Money | Liam Halligan discusses this month’s figures on retail sales and Government borrowing

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‘The idea that the UK is going to go into recession is almost nailed on now.’

GB News’ Economics and Business Editor Liam Halligan discusses this month’s figures on retail sales and Government borrowing.

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#economy #money #uknews #retail #government

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31 Comments

31 Comments

  1. @andys1333

    December 22, 2023 at 8:21 pm

    Tax payers have done their bit to solve this issue shouldering the highest peacetime tax take. It is now time for significant spending cuts, and yes, sadly that would include benefits.

  2. @uzoma112

    December 22, 2023 at 8:21 pm

    Emily and Tom are the sexiest combo on British Tv. I wish they were actually going out or married together.

  3. @georgethompson453

    December 22, 2023 at 8:21 pm

    All that money shelled out in the pandemic will haunt governments for years to come.

  4. @amfearliathmor9747

    December 22, 2023 at 8:21 pm

    I would limit the financial risk of being exposed to the UK Fiat based Debt currency and banking system for the forthcoming Sovereign Debt and BoE (Rothschild) defaults and 'Bailey In's' of any principle currency savings of any bank accounts for the Southpark 'And its gone' confiscation (Robbery). Remember only a maximum of £20,000 will be a BoE (Rothschild) CBDC account limit and being programmable will potential just cease to be even being functional in the monetised Carbon cycle Social Credit score system if one is not being in the Sovereign Lord or Demonic God like (Royal Vampiric) class of probably less than 0.01% of the population left after the UK Holodomor.

  5. @boum62

    December 22, 2023 at 8:21 pm

    Liam is the top man

  6. @arnolddalby5552

    December 22, 2023 at 8:21 pm

    Topsy turvy central bank and government printing money instead of been in the gold mining business increasing Gold by 2% a year would allow them to inflate 2% a year. Look, it's easy to turn Aluminium into Gold at the magic Frequency. Worked for me years ago. Hahaha.

  7. @amfearliathmor9747

    December 22, 2023 at 8:21 pm

    Borrowing 1/4 of a Trillion ££ a year just to stand still, can only go on for so long before a Sovereign Debt default crisis. That rate of borrowing could even expand as the SME insolvency rate and personal bankruptcy rate is at its highest for decades leading to lower Tax income take for the Government as the BoE Interest rates are radically increased in the attempt to tackle the last dose of the now endemic Inflation generated by the previous borrowing of 2020-2022. A Tory socialist doom loop leading to Starvation and famine. But me thinks that was the plan all along to bring in the CBDC.

  8. @stumac869

    December 22, 2023 at 8:21 pm

    People are spending more but getting much less stuff in return.

  9. @grahamjackson6589

    December 22, 2023 at 8:21 pm

    I thought fed was incompetent and corrupt but they have nothing on boe

  10. @davexs

    December 22, 2023 at 8:21 pm

    Don't worry Labour will sort all this out……….Sarc

  11. @robertday8619

    December 22, 2023 at 8:21 pm

    Well of course it has!!!!!! EVERYTHING IS SO MUCH DEARER IN PRICE!!!!

  12. @stuartwood5448

    December 22, 2023 at 8:21 pm

    The government are running a complete Ponzi scheme- essentially borrowing money to pay the interest on previous borrowing as well as taking out new loans to tune of billions of pounds a month, just to fund their interference in everyone’s life’s

  13. @johntaylor9899

    December 22, 2023 at 8:21 pm

    The Americans and ourselves are borrowing into financial oblivion. As we know from personal situations, when you start borrowing money to pay debt, you are financially doomed unless the debt is drastically reduced in a short space of time.

  14. @marktuffield6519

    December 22, 2023 at 8:21 pm

    Gosh, it just seems like the other day, during lockdown, that lefty media types were saying it doesn't matter that we add to the borrowing burden because the interest rates were low and it was effectively free money.

  15. @otterofdespair3387

    December 22, 2023 at 8:21 pm

    3:01 That £18.5billion borrowing equates to £250 per person or more relevantly £750 per full time worker in the UK. It is sick that we're wasting so much money on welfare, housing illegal migrants and our inefficient health service when our children's generation will be the ones on the hook for the cost. We need to roll back state involvement, get a grip on our porous borders and focus on becoming a high growth, high skill economy so we can pay our own way.

  16. @jamesvdv0

    December 22, 2023 at 8:21 pm

    This country is well on the way to bankruptcy under the LibLabGreenCon UniParty's stewardship over the past three decades. 🤡

  17. @dxr1jockey

    December 22, 2023 at 8:21 pm

    sales are up because the cost of everythings gone up but the realty is sales are down

  18. @peterlaidler3895

    December 22, 2023 at 8:21 pm

    Sorry to sound insensitive and, whilst I appreciate there are those who are really feeling the pinch, it has always been so. It may seem a narrow minded perspective but with reference to small businesses why do more and more coffee shops, restaurants and nail bars [of all things] continue to open up???????????? If money is tight then who can afford to splash out £30 an up over on nails or £3 and up over for Coffee?? I see no drop in the number of new registration plates on the roads either [whether they're on PCP or not]. Yet, the days of "cheap money" being available are over. It's an anathema.

  19. @moon1val

    December 22, 2023 at 8:21 pm

    End game for the fiat system.

    People in the UK are so illiterate on economics, they think inflation coming down means falling prices.

  20. @johnbulpitt4154

    December 22, 2023 at 8:21 pm

    As a small business man I have given up !
    To much paperwork and costs from government !
    It’s just easier to shut up shop !

  21. @ianbriggs7490

    December 22, 2023 at 8:21 pm

    Wait till there is a sovereign debt crisis,then the country will really know what a problem really is!

  22. @sausagemash3977

    December 22, 2023 at 8:21 pm

    Putting corporation tax up so much hasn't helped Tory's ? This party is not conservative Sunak and Hunt are WEF leftist puppets pair of shysters

  23. @ST-jq

    December 22, 2023 at 8:21 pm

    Well somebody's got to pay for the boat people, they need homes, clothes, food, mobile phones and creature comforts, to make them feel at home.

  24. @alisonbrown1841

    December 22, 2023 at 8:21 pm

    LIAM WHY DID RISHI CHANCELLOR NOT PUT COVID DEBT ON LONG TERM LOW INTEREST RATE? LIKE EVERY OTHER COUNTRY IN THE WORLD DID! LOOKS LIKE COMPETENT RISHI WAS THE ONLY PERSON IN THE GLOBE WHO DIDNT KNOW HIGH INTEREST RATES WERE COMING ! MY GUESS INTENTIONAL SABOTAGING OFF THE UK ECONOMY FOR THE OLIGARCHIES, AFTER ALL HE IS ONE. WESTMINSTER STILL A COO!

  25. @francescostello1377

    December 22, 2023 at 8:21 pm

    The writing has been on the wall for ages. The corrupt Global central banking system has been on a cliff edge for decades, it's called Neo Liberalism, where the wealth trickles upward not downward. Having a fiat, a debt economy, instead of one of Manufacturing and production, one backed by the gold standard. Incessant printing of worthless fiat money, or quantative easing as these crooks like to call it, which only benefits the crooks.

  26. @RanjeetKaur-qm3fv

    December 22, 2023 at 8:21 pm

    Best of luck all of your posts which you got. Be Postive , help each other. Respect each other. Its is your future in your hands. People sports them. Don't go strike
    because today wining is hard work.

  27. @wendywolfman

    December 22, 2023 at 8:21 pm

    Bloody hell that Emily lady is lovely.

  28. @petermitchell6348

    December 22, 2023 at 8:21 pm

    If Rishi Sunak ran his businesses the way he runs our economy, he'd be bankrupt by now.

  29. @simonmaverick7018

    December 22, 2023 at 8:21 pm

    You borrow forever until you can’t make the repayments anymore and then you go bankrupt. Simples.

  30. @stevejacobs9320

    December 22, 2023 at 8:21 pm

    Doesn't the government borrowing or creation of money cause inflation? If the government had to run its accounts like all businesses have to it would have been made bankrupt by now!

  31. @cheds1

    December 22, 2023 at 8:21 pm

    Promoting Starbucks?

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