Business UK
Britain on track for a £26bn mortgage hike, think tank predicts
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Donald Trump hails “extremely positive” talks in China with President Xi Jinping
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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“Britain’s MOST EXPENSIVE Airbnb” – Will Kensington MOCKS the STATE of the UK
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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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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WATCH: French and British troops parade in Paris for Bastille Day
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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@aprilfox1057
January 8, 2024 at 8:02 am
House prices are over inflated because of the unrealistic low interest rates. There will be a huge correction in the housing market. It’s been a long time happening. Expect to pay 8-10% for your mortgage interest rate. The lenders have for too long lent money for a tiny return, they will want to make up for the lost years of low rates.
@jeanphillippes2196
January 8, 2024 at 8:02 am
Who employs these bods to research this stuff, who pays them. and what happens to them if they are proved completely wrong? One remedy for them being vastly wrong would be to fill the think-tank with water, and put some fish in.
@BulletProofBrain
January 8, 2024 at 8:02 am
The reason property prices have risen is because of the artificially suppressed interest rates by all western governments.
Energy prices are high because of the starvation of capital into the energy sector which is needed to sustain new production.
The lack of energy is now a permanent situation and will not end after the Ukraine war.
It’s a big bowl of fucked caused by our political leadership and everyone will suffer because of their stupidity.
@jackiesargent5271
January 8, 2024 at 8:02 am
The mortgage rate in 1970 was 8 and 3/8 ths variable. Recent borrowers have had it really good but consequences of that has been the astronomic rise of house prices added to by massive demand because of immigration.
@chrishart8548
January 8, 2024 at 8:02 am
how will inflation drop back. if I'm right they are still printing more money.
@jontheodore8450
January 8, 2024 at 8:02 am
No it's not down to the budget it's down to The Bank of England trying to get inflation down using interest rate raising, the inflation is due to printing of money during Lockdowns…
@lizzydripping2862
January 8, 2024 at 8:02 am
Trans nan faky beard. Drag lady too. Clown show
@J73377
January 8, 2024 at 8:02 am
We have to pay for the covid scam somehow guys.. cough up your pennys
@neilcameron434
January 8, 2024 at 8:02 am
This guy is making out like inflation "falling back to 4%" is some great thing. 4% on top of the 10% we have already experienced is still way too high
@notjustforhackers4252
January 8, 2024 at 8:02 am
Rightfully so. The cost of housing needs to be controlled…. more importantly who buys our housing stock needs to be controlled.
@-TimmyTimmyTIMMY
January 8, 2024 at 8:02 am
6% on a £250k mortgage repayment, below the average house price, is £1600. That's the issue!!!
@andsowot
January 8, 2024 at 8:02 am
"hikes in MORGAGE payments". who was on the keyboard there, the cleaner?
@stewartmcintosh1073
January 8, 2024 at 8:02 am
Everyone has to understand the mortgage was kept down for 14 years it's a matter of time it's going to come up and it doesn't matter who's in power you cannot stop it interest rates of being kept down that long it's unbelievable and it's payback time
@kamkam3614
January 8, 2024 at 8:02 am
We need kwazi back now this is racism
@NeoFreshair
January 8, 2024 at 8:02 am
British deserve everything they get by supporting lockdowns, face masks/jab mandates, climate change scams, and now Ikraine conflict!
Boris spent two years of lockdowns to get Carrie pregnant and have had two more children while partying and the rest of population following the rules! Then Boris thought of poking Russia to start a war so Boris can hide in Kyiv instead of visiting north of England and see how ordinary people live!!!
Nahhh war is the solution and this led to higher energy prices, high inflation and high everything! No thanks to the majority of British people!
@stephfoxwell4620
January 8, 2024 at 8:02 am
Across 8.8 million mortgages this averages £240 a month.
@lockymonster
January 8, 2024 at 8:02 am
Once again hard working taxpayers punished while the government spends £5million of taxpayers money accommodating foreign criminals in luxury hotels.
@UnacceptablePhil
January 8, 2024 at 8:02 am
Wake up people. The plan is to bleed you dry and bring you to your knees.
@stephfoxwell4620
January 8, 2024 at 8:02 am
8.8 million mortgages averaging £156,000 is £1,400 billion of mortgages. An extra £26 billion a year increases payments by up. to 20%.
Prices due to fall 12% in 18 months.
@Jackie157_
January 8, 2024 at 8:02 am
The plan in action and we are watching
@Jackie157_
January 8, 2024 at 8:02 am
Bullshit bank's taking your home's