Business UK
‘Government quite like a bit of inflation because it devalues their debt!’ | Justin Urquhart Stewart
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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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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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@paulslater9061
December 25, 2023 at 5:34 am
What's he talking about may be in recession we know we are
@EnglishTurbines
December 25, 2023 at 5:34 am
Inflating away Government debt that those idiots like Sunack caused…Stealing from savers….Again!!?..🤔😳🇬🇧
@maralynedwards4936
December 25, 2023 at 5:34 am
What they are not stating, we are going through stagflation which will mean everything will triple in price…..
@andrewoliver8930
December 25, 2023 at 5:34 am
Certain governments are happy to raise unemployment to fight inflation.
@raysargent4055
December 25, 2023 at 5:34 am
Four percent is high? My first mortgage was eight and three eights per cent variable in 1970. It ended up around seventeen percent .The Bank of England has been robbing my savings for several years with half of a percent interest. They have used every trick in the book including quantitative easing to make my life savings worth as little as possible.
@stephfoxwell4620
December 25, 2023 at 5:34 am
Our debt is up £600 billion in three years. That is 30%.
And we printed £430 billion of QE too. Up 47%.
How is 10% inflation devaluing it?
@ready4ye461
December 25, 2023 at 5:34 am
So we got stagflation?
@jamesevans3430
December 25, 2023 at 5:34 am
I just want all 650 MPs in our house of parliament and the lords gone. And the civil service. They think we are stupid and they are corrupt to the core 😟🙃
@jimbrown3766
December 25, 2023 at 5:34 am
Inflation is a quiet but effective way for the government to transfer resources from the people to itself, without raising taxes. Thomas Sowell.
@ancietman
December 25, 2023 at 5:34 am
Rishi is a glorified accountant he can do what he likes to manipulate the figures but he doesn't care what is going on with real people.
@frankdevine7199
December 25, 2023 at 5:34 am
HI,ALL, CAN'T TRUST THIS INFORMATION ???
@wyndhamhewlett8223
December 25, 2023 at 5:34 am
Gov doing bugger all,,,world economic forum running the show now people!! Old grandad klaus Has sunak bent right over taking it big time….
@piglex1
December 25, 2023 at 5:34 am
What a stupid way of assessing inflation.Inflation is inevitable when governments print money to bribe the electorate or engage in unmandated vanity projects and fund Qangos.Inflation is the tax we pay for falling for their bribes.It may well devalue government debt but it also devalues your money.Payback for short-term gain.You just had a 15% tax rise.
@JesterEric
December 25, 2023 at 5:34 am
The only way to create a growing economy is public sector cuts and normal interest rates to kill zombie companies. At the moment there is no slack in the labour market to let good companies grow. Periodically you need to prune a plant so you can get new growth.
@josevarney6873
December 25, 2023 at 5:34 am
Stealing from people through their taxes.
@hobartmg
December 25, 2023 at 5:34 am
6% on corporation tax is a good idea for businesses aren't they? VOTE REFORM
@run2cat4run
December 25, 2023 at 5:34 am
May explain how they bad mouth socialism since socialism don’t make you stinky rich like capitalism
@DavidGetling
December 25, 2023 at 5:34 am
Unfortunately inflation feeds on itself unless a concerted effort is made to contain it. By eating away at the value of savings it encourages people to spend, rather than see what they have got decrease in value. It also encourages people to spend what they haven't got, for fear of what they want to buy going up in price.
Inflation is very much like a cancer: it's always better not to have any.
@aaronaaronson7600
December 25, 2023 at 5:34 am
The Dover petrol bomber has just been classified a terrorist.
@2GooDProductions
December 25, 2023 at 5:34 am
"Experts" – the cause of all our problems
@arnolddalby5552
December 25, 2023 at 5:34 am
When the money supply hits 900 Quadrillion quid like Zimbabwe printed let me know. Hahaha.
@alzheimer7629
December 25, 2023 at 5:34 am
"A bit of inflation" I love understatement.
@hectorshouse7348
December 25, 2023 at 5:34 am
They created this inflation, of course they like it!