Business UK
Interest rates: Liam Halligan discusses how the increase will affect mortgage owners
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Emily Carver and Political Editor Christopher Hope react as former Labour Shadow Cabinet member Emily Thornberry says Britian can rejoin the EU without a referendum if it is part of their election manifesto.
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Is the cost of living killing Britain’s birth rate?
GB News presenter Miriam Cates is in Brighton to speak to the public about why the UK’s birth rate is plummeting.
Researchers said soaring house prices and shrinking living space were increasingly stopping Britons from having the number of children they actually want. The stark warning comes as Britain’s fertility rate has slumped to a record low of just 1.41 children per woman – far below the level needed to sustain the population.
Experts say the steep decline is altering the age structure of the country, which is threatening long-term economic growth and placing an unsustainable financial burden on public services. At the same time, more than eight in ten Britons say the cost and availability of family homes is making it harder for people to marry and start families, according to the research published by the Family Education Trust.
Nearly three-quarters said the type and size of housing available had a major impact on decisions about having children. And almost two-thirds said improving access to affordable family-sized housing would encourage more people to marry and have children.
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Prime Minister’s Questions as Sir Keir Starmer and Andy Burnham go head to head in the House of Commons.
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Suella Braverman has issued a damning verdict on Andy Burnham’s suggestion that Britain could “go all the way” and rejoin the EU.
Speaking to Katherine Forster, GB News’ Chief Political Correspondent, on Chopper’s Political Podcast, Mrs Braverman said the Prime Minister has “never respected Brexit and he actually wants to undo it”.
She slammed his words as “an affront to democracy” and “a slap in the face to British patriots”.
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Business UK
Nigel Farage hits out at Rachel Reeves as Reform UK set out vision to help British business
Nigel Farage has hit out at Rachel Reeves as the Reform UK leader set out his vision for helping businesses in Britain.
Speaking at a press conference, the Reform UK leader said he feared for the future of small business, saying: ‘Everything about this Budget will be to attack hard work, attack saving, attack aspiration.
‘But if Rachel Reeves does make changes to dividend income… I fear the flight of business, the lack of investment in this country will get significantly worse.’
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@Andy2x4
January 3, 2024 at 3:34 pm
We don’t need to build more houses. Instead, we should just stop letting so many people into our country who are exhausting the housing supply. Concreting over the countryside isn’t the answer.
@connormcleod9595
January 3, 2024 at 3:34 pm
20-30 % drop by 2024. Rates should be 11% boe incompetence
@Sabhail_ar_Alba
January 3, 2024 at 3:34 pm
The housing market is a ponzi scheme and at 9 x ave salary is unsustainable – which wouldn't be a bad thing if collapsed. The public doesn't win from house price inflation
unless selling up and emigrating and don't forget, the latest housing surge was caused by govt cutting stamp duty and giving out 1.1 m visa's to foreigners over the
last year along.
@paldavi2876
January 3, 2024 at 3:34 pm
Boe off the wall. Especially with the cost of living. It was banks n government who caused inflation
@neil1375
January 3, 2024 at 3:34 pm
The whole game is rigged by the Establishment to enslave the masses. FIGHT BACK PEOPLE!
@raysargent4055
January 3, 2024 at 3:34 pm
Does the government live in the real world ten million increase in the population due to government policy low interest rates to boost the price of houses .The government has caused it all.
@sanjibsarmah1582
January 3, 2024 at 3:34 pm
is not it good for exporters when the currency value depreciated ? is not it good for those whose economy is grown on the base of export and domestic demand is less? IDK BTW
@brotherelf
January 3, 2024 at 3:34 pm
We need more houses but there are too many nimby people putting the kibosh on any plans.
@Forestfalcon1
January 3, 2024 at 3:34 pm
They don't want you owning your own home.. They want to buy them and hold you to ransom..
@Forestfalcon1
January 3, 2024 at 3:34 pm
They needlessly bankrupt the country during COVID and now we are all suffering.. It was deliberate.. They wanted us on our knees and in extreme debt.. The most valuable commodity on the planet is debt.. It means they own you and your country and are fee to exploit you and your country's resources.. It's more profitable than war.. They are calling all of the shots.. Our leaders take their orders from outsiders..
@neilfields5914
January 3, 2024 at 3:34 pm
The system is the problem, if you keep making easier to buy all it does is increase the price of houses. Never seen a poor estate agent.
@nockianlifter661
January 3, 2024 at 3:34 pm
Eventually recognised that the fact that debt is substantially greater than its ever been and now, tiny interest rate changes create enormous upheavals.
@jjefferyworboys8138
January 3, 2024 at 3:34 pm
What incentive is there for house builders to build more homes at the present time ?
Very little if none at all, so they will just still on the land until things improve. The shortage of houses will just be exacerbated.
@gillian9178
January 3, 2024 at 3:34 pm
Their have been to much cheap money for to long, hence why we are seeing what we are seeing now. Interest rates should have started rising slowly but steadily a number of years ago. We wouldnt be seeing this sudden impact on rate rises that we are seeing virtually over night so to speak.
@paulb1034
January 3, 2024 at 3:34 pm
Big adjustment to the UK residential property market is on its way. The fate of UK interest rates is in the hands of the US Fed.
@MrLoftusjj3
January 3, 2024 at 3:34 pm
The Banks Got Everybody Drunk On Cheap Money But Now The Party Is Over,
@craphead9842
January 3, 2024 at 3:34 pm
What BS from these arseholes… And they haven't a clue… Fact credit card interest rate with aqua credit card is 37% if you want cash its 45%…Tony cuenca
@achosenman9376
January 3, 2024 at 3:34 pm
It should have been raised to this level last month. The carnage started at that point. Now the blob have installed Sunak, the “mistake” is suddenly rectified…😒
@stephfoxwell4620
January 3, 2024 at 3:34 pm
Mortgage rates of 7%, trebled in three months.
This suggests a 10% fall in house price by next summer.
@dftfire
January 3, 2024 at 3:34 pm
M A S S R E P O S S E S S I O N S D U E ! 😱