Connect with us

Politics UK

Why the Pound is Having a (Surprisingly) Good 2023

Published

on



Sign up to Brilliant (the first 200 sign ups get 20% off an annual premium subscription): https://brilliant.org/tldruk/

After the pound collapsed under Liz Truss, most forecasted economic doom and gloom for the UK before Sunak’s arrival and, since then, the pound’s value has continued to rise. So in this video, we break down the three reasons behind this recent GBP rally.

💬 Twitter: https://twitter.com/tldrnewsuk
📸 Instagram: http://www.instagram.com/tldrnewsuk
🎞 TikTok: https://www.tiktok.com/@tldrnews
🗣 Discord: https://tldrnews.co.uk/discord

💡 Got a Topic Suggestion? – https://forms.gle/mahEFmsW1yGTNEYXA

Support TLDR on Patreon: http://www.patreon.com/tldrnews
Donate by PayPal: https://tldrnews.co.uk/funding
TLDR Store: https://www.tldrnews.co.uk/store
TLDR TeeSpring Store: https://teespring.com/stores/tldr-spring
Learn About Our Funding: https://tldrnews.co.uk/funding

TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

/////////////////////////////////////

1 – https://tradingeconomics.com/united-kingdom/government-bond-yield
2 – https://www.bbc.co.uk/news/business-63030208
3 – https://www.bloomberg.com/news/articles/2022-09-23/the-uk-is-really-trading-like-an-emerging-market-right-now
4 – https://www.bloomberg.com/news/articles/2022-09-23/summers-warns-pound-may-tumble-past-1-on-naive-uk-policies
5 – https://www.bloomberg.com/news/articles/2023-04-16/britain-s-soaring-pound-is-this-year-s-unlikely-comeback-story
6 – https://www.ft.com/content/1dc057df-2ef0-47fa-bd40-3f5d229b0cff
7 – https://www.ft.com/content/978cfb1d-62c7-4533-9c70-c08259258b22
8 – https://www.bankofengland.co.uk/-/media/boe/files/monetary-policy-summary-and-minutes/2023/monetary-policy-summary-and-minutes-march-2023.pdf
9 – https://www.reuters.com/markets/currencies/sterling-edges-down-ahead-busy-data-week-britain-2023-04-17/
10 – https://www.ft.com/content/bac99024-566e-4025-a818-5076c72de0e7

00:00 Introduction
01:06 What Happened to the Pound?
02:39 Why Has the Pound Rallied?
06:24 What Happens Next?

source

Continue Reading
50 Comments

50 Comments

  1. @ranar1036

    January 9, 2024 at 8:06 am

    You must be drunk or politically biased. The pound is trading at below €1.15 euro and just above $1.20. You believe that this is a success?

  2. @lalalalalala8147

    January 9, 2024 at 8:06 am

    The Pound is still much weaker than it was before the madness of Brexit. Thank goodness for dual citizenship!

  3. @bubblelight4801

    January 9, 2024 at 8:06 am

    Marne dena chahiye in choro ki economy ko… lawde gowre log dusro ki pet me lath markar jo niwala china hai khudh se kuch kamaya nahi aisa hi hona chahiye…

  4. @lorik0109

    January 9, 2024 at 8:06 am

    Bull shit paund is going down it was 1£ 2$ now is going from bad to worse

  5. @marcokite

    January 9, 2024 at 8:06 am

    The word is 'increase' not 'hike'

  6. @MsNaazish

    January 9, 2024 at 8:06 am

    And yet regular people see none of the benefit of it rising.

  7. @MoisesDaSilva-fr4pv

    January 9, 2024 at 8:06 am

    Hi primer minister of England Mr Rishi sunak can you doing something to help mani people home les and no have enough food to eat and some people lost they are jobs can you help can you help all of this thing cause when IM walking out and i see this people situasition i feel not well because everyone is human ben can you, thanks so much respect

  8. @RogerYeahmon

    January 9, 2024 at 8:06 am

    who the fk are you and how are you qualified to lecture us on the financial markets?

  9. @constantinebogdan9425

    January 9, 2024 at 8:06 am

    Of course is going up,because inflation and thake from poor people, rich people dont feel that ,or maybe they dont pay tax😅😅😅

  10. @ncchew3356

    January 9, 2024 at 8:06 am

    No capable leader in UK. Sunak is the best among the worse.

  11. @pippipster6767

    January 9, 2024 at 8:06 am

    Whose pound ???

    Most people are financially
    utterly shafted.

  12. @yassine_khaoua

    January 9, 2024 at 8:06 am

    With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $275k bond/stocck portfolio

  13. @neerajyadav6361

    January 9, 2024 at 8:06 am

    Dogs n indian not allowed!! Thats karma run by an indian lol i love england but they did many things wrong to india in past

  14. @cynthnyabols3359

    January 9, 2024 at 8:06 am

    Because the rest of the world is poor. 😞

  15. @gcdhvf4896

    January 9, 2024 at 8:06 am

    UK 's economy looks good, because so many others are destroying theirs, alot quicker…

    The UK cannot borrow from anywhere today and printing beyond the gold standard has been stopped, but the damage is already done… This is the calm before the storm for the UK!

    Raising interest rates to control inflation works only to benefit the 'elite dictators' of the Uk… You are finished li'l britons 😂😂😂

  16. @arthurdixon5890

    January 9, 2024 at 8:06 am

    The public are paying for this!

  17. @reallymakesyouthink

    January 9, 2024 at 8:06 am

    The pound is strong because interest rates are up. Its not rocket science.

  18. @wjang4327

    January 9, 2024 at 8:06 am

    Dollar is weak on every currencies this year not just Pounds. If we want to check Pounds becomes strong, we need to compare with Euros.

  19. @bizarre9301

    January 9, 2024 at 8:06 am

    The data shows how economists are untrustable, at least as bad as Truss.

  20. @johnross2924

    January 9, 2024 at 8:06 am

    Sunacker is more interested in the pounds in his own bank account, just like most politicians 👹

  21. @lighshui5190

    January 9, 2024 at 8:06 am

    It happens when a economist run economically ill country.

  22. @magnuswalker7957

    January 9, 2024 at 8:06 am

    Don't worry a labour government will ensure we go down the tubes as they have always done during my lifetime

  23. @paulwright9749

    January 9, 2024 at 8:06 am

    Yet my pension scheme is on its arse!

  24. @APK81

    January 9, 2024 at 8:06 am

    Sunak has actually worked wonders and brought Britain out of the cess pool but the whites don't have face not big enough heart to accept it. Eventually they will vote him out and bring a pink guy back. Be happy in ur cesspool

  25. @IceClawz.

    January 9, 2024 at 8:06 am

    Despite not being a Tory or labour supporter I did have faith that sunak would somewhat reverse what truss did because he knows what to do when moneys involved.

  26. @canadaone2385

    January 9, 2024 at 8:06 am

    leave it to the indian guy

  27. @vinecentral8714

    January 9, 2024 at 8:06 am

    Lost interest when you attributed the mini budget as the cause of the 4x in the bond yield. High levels of inflation caused by extreme expansionary monetary policy during Covid and a war in Ukraine are the reason for the high yielding bonds mate.

  28. @lapis.lazuli.

    January 9, 2024 at 8:06 am

    The the pound has strengthend because interests rates were increased + tax rates increased. Simply this makes the pound more scarce, the pound was already falling steadily for about 12 months before truss under johnson (by 40%) unnoticed by the public, (the pound fell 15% with truss, this the public noticed) the reason for this is that because our BOE bank rates were too low with respect to USA fed rates.

  29. @funnymakerboy4199

    January 9, 2024 at 8:06 am

    Sunak need india😂 just dream . Well india central government's was hell.😤 bloody hell. Lots more promise but nothing can do. India economic growing well 😤 bloody hell central bank banned 2000rupees currency (big currency of india).😩 😒 Wtf 😒.

  30. @deepsammanna

    January 9, 2024 at 8:06 am

    UK must thank Sunak. He might have just saved it from drowning.

  31. @koharumi6461

    January 9, 2024 at 8:06 am

    Can you care to explain what was this "mini budget" thing is TLDR?
    I dont live in uk.

  32. @user-ex7kv5gu8g

    January 9, 2024 at 8:06 am

    So what I've learned so far from my life (65 years) is, never put women in positions of power. No disrespect whatsoever, just stating the truth👍

  33. @tusharmoharir8434

    January 9, 2024 at 8:06 am

    It always takes an Indian to fix what the British screw up 😂

  34. @Baby1245

    January 9, 2024 at 8:06 am

    Good money….The British pound is good money…. It serviced the world in the late 1800s up to the early 1900s… The US Dollar became the favorite after that because of It's involvement in the Marshall plans for Europe and even in the Pacific… Like the Swiss Franc… The British Pound will save a lot of people in Europe and the rest of the world…

  35. @isabellaschopper8988

    January 9, 2024 at 8:06 am

    It’s a nice Money the pound but it’s only a paper gold is money not paper

  36. @hydra66

    January 9, 2024 at 8:06 am

    Sunak managed to scapegoat truss and take none of the responsibility. She wouldnt be able to topple the house if it didnt have weak foundations to start with. Dont blame this all on Truss' stint alone

  37. @philipmilner9638

    January 9, 2024 at 8:06 am

    The pound is having a 'dead cat bounce', when however low something falls it has no where to go but up….

  38. @kickinghorse2405

    January 9, 2024 at 8:06 am

    Put a robot in charge and bore yourself to success.
    A rare argument for A.I?

  39. @TheFreemanuk

    January 9, 2024 at 8:06 am

    100% UTTER BS.

  40. @FluffyUnikxrn

    January 9, 2024 at 8:06 am

    It was because of Liz Truss. She was unfortunately and incorrectly blamed for a series of events which took place over a larger time span of her premiership. Also the majority of this was outside of the governmens ability to handle as the Bank of England are responsible for controlling inflation, not the government.

    Been over 1 year since I watch your channel, and it's still touting the same "left wing" fake news.

  41. @timetraveler7533

    January 9, 2024 at 8:06 am

    look like it .

  42. @tomthumb2361

    January 9, 2024 at 8:06 am

    People always see the UK as a safe haven in hard times. Look around. Where else has such an unbroken history of coming through economic, political or military storms. The economy still is a mess, with low productivity and investment.

  43. @mercedesvan-doors34

    January 9, 2024 at 8:06 am

    Is there an argument that the money men manipulated the currency to get the politician they wanted.

  44. @asitdebnath

    January 9, 2024 at 8:06 am

    Indians are more British than genetic Britishers.

  45. @madhumitaroy4756

    January 9, 2024 at 8:06 am

    No

  46. @NerdyUK

    January 9, 2024 at 8:06 am

    You missed the 4th reason, that much of negative sentiment was driven by forecasts that overstated the downside risks to the economy. When it became clear the forecasts were wrong markets were forced to re-evaluate and sentiments improved.

  47. @charliec6020

    January 9, 2024 at 8:06 am

    can we renationalise MPs? They have the same quality issues and outcomes show now sign of improving.

    I vote we nationalise the Tory party but as a task group to investigate the complete doings of goat and sheep on the Falklands – send them there until their magnus opus is considered a complete accounting of these creatures.

    Meanwhile in mainland UK we ought have some MPs appointed to represent human conditions and needs within the union of which we the citizens, fund and vote for.

  48. @mahdibougossa8502

    January 9, 2024 at 8:06 am

    Long term though Truss was right. it will come and bite us in the behind by pleasing the bankers.

  49. @ME-hm3tc

    January 9, 2024 at 8:06 am

    Ngl I thought Sunak died. Haven't heard the usual endless PM dialogue and batshit crazy speeches.

  50. @randydrew66

    January 9, 2024 at 8:06 am

    A strong pound is bad for the world, we need to do everything we can to ensure white countries are struggling so Africa can survive

You must be logged in to post a comment Login

Leave a Reply

Politics UK

Will The UK Pay £39 Billion to the EU? – Brexit Explained

Published

on



Merch Store: https://teespring.com/stores/tldr-summer-2019 Hunt’s Plan Explained: https://youtu.be/4cWoK9xVWf0 Johnson’s Plan …

source

Continue Reading

Politics UK

Is it Safe for Schools to Re-Open? Johnson Pleads With Parents to Return Children – TLDR News

Published

on



TLDR Merch Store: https://tldrnews.co.uk/store

Over the last week, the UK government have been encouraging parents to send their children back to schools when they re-open after summer. However, understandably, many are concerns about the associated COVID risk. So in this video, we discuss if it’s time for children to return and if going back to school really is safe?

Follow TLDR on Facebook: http://www.facebook.com/tldrnewsuk
Follow TLDR on Twitter: https://twitter.com/tldrnewsuk
Follow TLDR on Instagram: http://www.instagram.com/tldrnewsuk
Discord: https://discord.gg/BMrk6MC

TLDR TeeSpring Store: https://teespring.com/stores/tldr-summer-2020
Support TLDR on Patreon: https://www.patreon.com/tldrnews
Donate by PayPal: https://tldrnews.co.uk/funding

TLDR is all about getting you up to date with the news of today, without bias and without filter. We want to give you the information you need, so you can make your own decision.

TLDR is a super small company, run by a few people with the help of some amazing volunteers. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, following and backing on Patreon. Thanks!

////////////////////////////////////////

1 – https://www.bbc.co.uk/news/uk-53882175
2 – https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/911267/School_Outbreaks_Analysis.pdf
3 – https://www.theguardian.com/world/2020/jul/13/german-study-covid-19-infection-rate-schools-saxony
4 – https://www.pasteur.fr/fr/file/35404/download
5 – https://www.pasteur.fr/fr/file/35404/download
6 – https://www.bbc.co.uk/news/uk-53875410
7 – https://www.bbc.co.uk/news/uk-53875410
8 – https://www.bbc.co.uk/news/uk-53875410
9 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
10 – https://www.bbc.co.uk/news/explainers-53053337
11 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
12 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
13 – https://www.thelancet.com/journals/lanchi/article/PIIS2352-4642(20)30105-X/fulltext
14 – https://cpag.org.uk/news-blogs/news-listings/impact-school-closures-children-living-poverty-wales
15 – https://www.wired.co.uk/article/coronavirus-children-schools-impact
16 – https://youngminds.org.uk/about-us/reports/coronavirus-impact-on-young-people-with-mental-health-needs/
17 – https://www.wired.co.uk/article/coronavirus-children-schools-impact

source

Continue Reading

Politics UK

Can Burnham Fix the Housing Crisis?

Published

on



Take back your privacy- start using Proton Mail for free: http://proton.me/tldr

Pre-order a copy of Too Long: https://toolong.news/TL009

In this video we look at whether Andy Burnham get Labour back on track with regards to the housing crisis, and deliver what Starmer promised in his 2024 manifesto.

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

SOURCES

Notes on Growth The Really Radical Policy in Labour’s Planning Rewrite
https://www.samdumitriu.com/p/the-really-radical-policy-in-labours

Gov UK NPPF
https://assets.publishing.service.gov.uk/media/6a8334c03bd75b81e2329ac4/National_Planning_Policy_Framework.pdf

Gov UK Full Steam Ahead to Fast Track More Homes Near Stations
https://www.gov.uk/government/news/full-steam-ahead-to-fast-track-more-homes-near-stations

The Guardian Loosening of Planning Rules in England to Allow More New Homes Near Stations
https://www.theguardian.com/politics/2026/aug/17/loosening-planning-rules-england-more-homes-train-stations-rayner

Local Government Association National Planning Policy Framework Response
https://www.local.gov.uk/about/news/national-planning-policy-framework-lga-response

Independent Minister Admits New Homes Could Be Built on Green Belt
https://www.independent.co.uk/news/uk/politics/green-belt-grey-housing-building-labour-trains-b3034056.html

House of Commons Library Overview of the Planning System (England)
https://commonslibrary.parliament.uk/research-briefings/cbp-10752/

Planoraks NPPF2026
https://www.planoraks.com/posts-1/nppf2026-welcome-to-the-future

Housing Today A Pretty Bold Swing – New NPPF
https://www.housingtoday.co.uk/news/a-pretty-bold-swing-new-nppf-ushers-in-an-era-of-permissive-nationally-led-planning-policy-but-could-be-scuppered-by-viability-crisis/5143747.article

0:00 Can Burnham Fix the Housing Crisis?
7:42 Sponsor

source

Continue Reading

Politics UK

Why the Greens are Declining

Published

on



Pre-order a copy of Too Long: https://toolong.news/TL009 In this video we’re going to have a look at the decline of the Greens; …

source

Continue Reading

Politics UK

Has Burnham Saved Labour?

Published

on



Compare news coverage. Spot media bias. Avoid algorithms. Try Ground News today and get 40% off your subscription by going to https://ground.news/tldr

Pre-Order a copy of Too Long: https://toolong.news/collections/too-long-autumn-2026

Since Andy Burnham became Prime Minister, Labour have risen significantly in the polls to overtake Reform, who’s fortunes have fallen alongside the Lib Dems and the Greens. So what’s behind this “Burnham Bounce”? And can he succeed where Starmer failed?

📰 Too Long: https://toolong.news/
🎉 TLDR Party:  https://toolong.news/pages/tldr-party
📖 Read our Manifesto: https://tldrnews.co.uk/manifesto

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.