Business UK
UK inflation REMAINS at 8.7% | Bank of England to ‘take drastic action’ says Liam Halligan
GB News’ Economics and Business Editor Liam Halligan reveals the latest Consumer Price Index inflation figure, which remains at 8.7%.
#inflation #cpi #consumerpriceindex #uknews
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Are Labour’s taxing policies forcing the super-rich out of the UK? Lee Anderson’s Real World debates why the super-wealthy are …
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Business UK
Europe riots: Italy sends in MILITARY to ‘DEFEND’ Milan from masked gangs as city TRASHED by thugs
Italy is sending 500 military personnel to defend Milan from rioting gangs, Giorgia Meloni’s government has announced.
Deputy Prime Minister Matteo Salvini said he was turning words into deeds after a promise to crack down on the riots.
After a weekend of street violence, which saw thousands of masked thugs loot and trash stores, set fires and attack police, the government brought forward an emergency decree that would ban public gatherings, extend preventative detention to minors and defer arrest for those committing criminal damage.
#riots #eu #france #italy #freespeech #immigration
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What a week in Washington! GB News is joined by political commentator Mally Smith to break down three major stories with consequences for America, Britain and the wider world.
First, we examine the U-turn over plans to livestream the execution of Fort Hood shooter Nidal Hasan. Why did the proposal face such strong opposition, and could turning an execution into a public spectacle create propaganda opportunities for terrorist groups?
Next, we look at the growing tensions over Ukraine. Donald Trump’s reported diesel deal with Russia, the future of US intelligence sharing with Kyiv, Starlink and Starshield access, and the debate over pressure on Volodymyr Zelensky all raise questions about Washington’s approach to the war.
We also discuss the wider conflict with Iran, the challenge of negotiating with Tehran, and the strategic consequences of rising energy prices and relations with Vladimir Putin.
Finally, with the US midterm elections approaching, we assess whether Democrats are on course to take control of the House — and whether they could also make gains in the Senate. With voters increasingly focused on the cost of living, fuel prices and healthcare, could the economy prove decisive for Trump and the Republicans?
#DonaldTrump #Ukraine #Russia #IranWar #USPolitics
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Labour MP Dame Emily Thornberry has told Andy Burnham to rejoin the EU without a second referendum.
Mrs Thornberry, who chairs the Foreign Committee, insisted the EU was not a “sacred cow” and those wishing not to talk about striking a deal should “get over it”.
“Why shouldn’t we talk about it when the majority of people agree with me that Brexit was a disaster, and we ought to get back into the European Union,” she told Sky News.
Labour MP for Halesowen, Alex Ballinger, responds to Mrs Thornberry’s comments.
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Business UK
SHOCKING: Rioters BURN DOWN government buildings as anti-Trump protests spiral out of control
Student rioters have looted banks and trashed shops in protest against the Trump family’s alleged invovement in a luxury resort development in Albania.
On Wednesday rioters stormed government buildings and set fire to the Ministry of Education, Ministry of FInance and Ministry of Justice. Police used water cannons to disperse protesters.
Student riots flared after a summer of largely peaceful protest demanding the resignation of Tony Blair’s protege – Edi Rama. Those demonstrating claim the government is corrupt and has allowed the sale of protected land to Donald Trump’s son-in-law, Jared Kushner.
#donaldtrump #freespeech #riots #eu #protest #albania
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@JamieJeff-in9qo
January 12, 2024 at 9:27 am
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
@MargaretSchwerdtmann
January 12, 2024 at 9:27 am
The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0
@bennyboywatts
January 12, 2024 at 9:27 am
The mortgage companies can't give people slack because that is just adding to the problem.
The reality is that a set of bricks doesn't cost more than £100k and it never did. It's a tulip style bubble.
@poshgentleman559
January 12, 2024 at 9:27 am
The current high inflation, and high food prices, oil etc: has been caused by the Ukraine war, and the inability of all sides to come to the negotiating table. In a nutshell, its lack of compromise on all sides, and the decision by the incompetent world leaders: that this is a grand opportunity to bomb the hell out of Russia, and thats what they are doing to satisfy their private agenda. And if the little people are finding food prices etc to high, then tough.
@tonyfarrant1095
January 12, 2024 at 9:27 am
As the saying goes the squeaky cog gets the oil! They need to spend as much effort on getting on with the future
@mauricetucker8754
January 12, 2024 at 9:27 am
This is a result of the conservative party policy not to control free market economy energy oil money food bad decisions over years leaving the people of the UK at their mercy
@devoltaaocaminho3949
January 12, 2024 at 9:27 am
How is our nation, before God? God created us, gave us this land, here we live as brothers exactly for what purpose? For us to open our mouths and let out millions of curse words, pour beer down our throats and beat women, slander and shed blood, turn our heads around desiring other people's women, reach high positions to use oppression towards orphans, widows and foreigners, looting everything and keeping in vaults in Switzerland, or usury, and profits, and being stingy with our neighbor? Will our hearts be steady? Will our hands be strong, in the days when God will deal with us? God will deal with each one, that's right, for He said He would. President Jair Bolsonaro tried to stay in one of the gaps in the wall, but

@gadget348
January 12, 2024 at 9:27 am
I've paid off my mortgage and have savings, but here are my thoughts on using interest rates to dampen the economy… The only reason is for wealth transfer, if you hand over the cash from the borrowers to the savers the savers have more money to spend. Not that my kind of savings would see any benefit, at the end of the year I may be better off to the tune of a cup of coffee. But if you have serious savings you can benefit greatly, but savers just tend to hoard, while home owners usually desperately need to buy something (especially new home owners). If raising interest rates isn't the most dispicable method of slowing an economy down I don't know what is, it must be purely about wealth transfer.
@terencefield3204
January 12, 2024 at 9:27 am
Emigrate from the hellish place if you can!
@johnbutcher2587
January 12, 2024 at 9:27 am
yes the why you get out of this is to give money to rich people and shot migrants, utter bullshit but seems the idea of idiots below
@johnpatterson6448
January 12, 2024 at 9:27 am
If you are “surprised” about this, you are not much of an expert. It’s bleeding obvious, mate. Austerity, failure to borrow when borrowing was cheap and invest in infrastructure and productivity, Brexit, shoot-yourself-in-the foot sanctions, spaffing billions on Ukraine. Failure to face the reality that we cannot afford such wastage.
@jimkricket599
January 12, 2024 at 9:27 am
Brexit increased food prices as well as other imported goods, and caused the highest inflation and worst economy among developed nations. On top of that immigration is at it's highest ever rate, with most immigrants coming from India, Pakistan, Bangladesh etc instead of Europe. Great.
Can anyone tell me why we voted to be poorer and for more non-European immigration? The experts said all this would happen while a few politicians and their tabloids lied to us. At least it's easier for them and their rich friends and donors to get their tax breaks now since we're outside the EU.
@pilot3003
January 12, 2024 at 9:27 am
……meanwhile the rich get richer and the poor get poorer and nothing will come down in price !
@DarrenSmith-zz6fk
January 12, 2024 at 9:27 am
These inflation figuires are nothing you have not seen anything yet on the 34 of August China are going to announce they are going to back the yuan with gold and other commodities why aren't you telling people stories like this Saudi Arabia will olso announce they are going to cut oil production
@paulgibbons2320
January 12, 2024 at 9:27 am
Complete failure of capitalism.
Were not aloud to say that.
@iansinclair8905
January 12, 2024 at 9:27 am
Brexit dividend?
@alanburn6636
January 12, 2024 at 9:27 am
Increase taxes as well next
@pipins3616
January 12, 2024 at 9:27 am
Greedy retailers making Hay while the sun shines, fact
@pipins3616
January 12, 2024 at 9:27 am
14% when we bought ours but never overstretched on other items trying to stay trendy
@nigelground283
January 12, 2024 at 9:27 am
Any of you Brexiteers notice that the rates aren't quite so high in the EU.
@mrcat5992
January 12, 2024 at 9:27 am
so how come all these millions of migrants arent fixing the problem?
@andyhemmings7363
January 12, 2024 at 9:27 am
The problem is that no one in media ever talk about inflation is 8.7% but the thieving retail businesses especially food giants continually raise their prices of food from anywhere from 10 Upton on so e cases 150%.
For example, farmfoods butter used to be 99p a block. Butter is way over £2.40+.
The price hikes they cannot justify and the people responsible for causing this economic catastrophe are the government and the people do nothing.
We are governed by inept plutocrats that serve themselves not the people
@peterkirby2771
January 12, 2024 at 9:27 am
It’s not inflation it’s GREEDINFLATION
@Chris1553
January 12, 2024 at 9:27 am
There are some incredibly stupid people running this country,when they let fuel and electricity prices treble and taxes are at their highest ever it's bloody obvious suppliers and growers will have to put prices up, and it will get worse !!
@karenyoung8341
January 12, 2024 at 9:27 am
What housing market?
The illegals are bagging any spare properties and all at our cost