Business UK
Liam Halligan: ‘I think interest rates will peak at 4% or 4.25% and stay there for several months’
GB News Economics and Business Editor Liam Halligan discuses how higher interest rates will impact businesses and the property market, as the base rate is forecast to increase to four per cent.
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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.
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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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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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@NANA-ze3xc
January 15, 2024 at 9:16 pm
Not looking good in hindsight Liam 😅
@stevep9221
January 15, 2024 at 9:16 pm
inflation 10.1% and they are doing everything to con us on that figure. They better do the right thing and bring inflation under control. Legislation (drawn up after the 2008 crash) states they must take action to bring down inflation if over 2%. If they Quantitative Ease again and give more free money to the rich it will be a disgrace. When the rich get 50% richer over 2 years (sending their employees on free Caribbean holidays) and the poor get so poor they do not put their heating on (I have it on for 3 x 30min and not a minute more) then there is going to be trouble at the mill.
@roger4880
January 15, 2024 at 9:16 pm
Predictions from anyone other than the BoE are worthless. Interest rates will go up, stating 4 or 5 or 6% is like predicting the lottery. The media are foolish, monkeys throwing darts are more accurate.
@Yelluz
January 15, 2024 at 9:16 pm
Hopefully the base rate continues to rise to fuck over landlords.
@2aph0d_b33blebr0x
January 15, 2024 at 9:16 pm
Just remind us, how high did interest rates get in the past without all this screeching? Good you pointed out savers losing out under low interest rates.
@california7376
January 15, 2024 at 9:16 pm
House prices. Joke of the century. Housing is expensive. It's an asset class.
@DavidDavid-gc9rm
January 15, 2024 at 9:16 pm
Yeap. Brexshiters are bad with important decisions. Retards.
'Better put them down." They already killed the country.
@arcadealchemist
January 15, 2024 at 9:16 pm
intrest rartes go up VAT should come down to compensate
@ladychatelaine697
January 15, 2024 at 9:16 pm
That's nothing! In the 1980's the interest rate was 16%, here in the UK! 😖🇬🇧
@Matt-jk1kr
January 15, 2024 at 9:16 pm
I started out with nothing, I've still got most of it left.
@lawsonspedding6136
January 15, 2024 at 9:16 pm
Liz Truss’s mini budget was the best way forward for the UK – lower taxes and high growth !
@edenbreckhouse
January 15, 2024 at 9:16 pm
I really have issue with journalists trying to sell us the narrative that interest rates are a bad thing. If you have savings then they're a good thing. They're also a good thing if you want to tackle inflation.
@monkswhiskers3354
January 15, 2024 at 9:16 pm
Financial repression is the name of the game, we’re just gonna have to suck it up.
@raymondwebb4179
January 15, 2024 at 9:16 pm
Everyone is lying , bank-rate should rise to 8 % by the years. End , they may massage the figures until after Christmas, but the tories know they are finished and this is all a swan song ,
@15kilkenny
January 15, 2024 at 9:16 pm
End game digital currency the beast system and owning nothing and eating bugs but we will be happy 😊
@peteram9527
January 15, 2024 at 9:16 pm
Interest rates will continue to rise affecting struggling business and mortgage payers who also have to contend with the effect of the green deal, the rising energy costs. Two things which are going to cause problems in the housing market will be the reduction in support for energy costs which means less money spent in shops as people try to cover their bills and mortgages, then there will be the costs of meeting the energy efficiency standards on property which will need to be met and could be expensive especially on older properties. Without these upgrades the properties will be devalued a small landlord may not be able to afforded the costs so will sell. That's if they can, in Germany who are introducing similar laws, a property which does not meet the required standard will not be allowed to be rented out after 2030, expect the same here. The small landlords are on the hit list, in the US with rent caps in some areas landlords are paying out more than they are allowed to charge in rent.
@a.hoctavius5848
January 15, 2024 at 9:16 pm
Liam, like Nigel, are literally so narcissistic and egotistical.
@tennysonfordblackbird2087
January 15, 2024 at 9:16 pm
The BBC live and breathe middle class London for me and says quite a bit about them.
@dafyddthomas7299
January 15, 2024 at 9:16 pm
Agree with most of Liam Halligan says and as at moment is a free world – still think that if the nasties come along – continuation of current high Cost of living – food, fuel and if H* unt and Sunak allows energy prices to rise > inflation in April 2023 along with scrapping of Fuel Stabiliser, council tax rises at Inflation rate (?PI?) this will have big impact (more) on the economy – more people asking for inflation busting pay increases, inflation increasing, stalled economy, flattening of housing mark – more interest rate rises may be needed to curb inflation and RPI – still could see Interest Rates at 8-10% (Boe) – Worse case Scenario.
@christinal3041
January 15, 2024 at 9:16 pm
I have no saving ! It doesn’t matter 😅
@francescostello1377
January 15, 2024 at 9:16 pm
If you want real world class financial info, watch Professor Richard Wolff, MSM will never give the real truth, GB lol and Liam are not financial experts.