Business UK
Bank of England raised interest rates to BED DOWN ON INFLATION argues Dr Andrew Lilico
‘The Bank of England felt it needed to raise rates again in order to bed down on inflation.’
Executive Director of Europe Economics, Dr Andrew Lilico, explains why the Bank of England raised interest rates to 4.25%.
Watch on TV: Virgin 604, Freesat 216, Sky 512, Freeview 236, YouView 236
Listen on DAB+ Radio
Download the GB News App to watch live wherever you are, catch up with all our shows and get the latest news from the GBN family. https://www.gbnews.uk/freegbapp
Don’t forget to follow us on social media too!
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Instagram: https://www.instagram.com/gbnewsonline/
LinkedIn: https://www.linkedin.com/company/gb-news/
TikTok: https://www.tiktok.com/@gbnews
source
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.
#DonaldTrump #China #WorldPolitics #WorldNews #GBNews
Keep up to date with GB News at gbnews.com or on X @GBNEWS
Become a Friend of GB News: gbnews.com/friend
source
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.
#Labour #PrimeMinister #KeirStarmer #UKNews #GBNews
Keep up to date with GB News at gbnews.com or on X @GBNEWS
Become a Friend of GB News: gbnews.com/friend
source
Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
Beat the system with TallyMoney. Gold you can spend. To get 50% off your activation fee, use code GBN50 on the activation screen https://click.tallymoney.com/A64P/xxtvsx6r #ad
‘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.
#cabinetoffice #lgbt #uknews #ukpolitics #gbnews
Keep up to date with GB News at gbnews.com or on X @GBNEWS
Become a Friend of GB News: gbnews.com/friend
The purchase of gold and investment in bullion is not FCA regulated nor do they benefit from the protections of the Financial Services Compensation Scheme or the Financial Ombudsman Service. The value of your investment can go down as well as up. Consider the risks involved before choosing to invest. This card is issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated
source
Join Martin for an up-to-the-minute take on the day’s events delivered in his own unique and lively style.
Keep up to date with the latest news at https://www.gbnews.com
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.
https://www.gbnews.com/watch/how-to-watch
source
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.
#paris #bastille #french #zelensky
Keep up to date with the latest news at https://www.gbnews.com
Twitter: https://twitter.com/GBNEWS
Facebook: https://www.facebook.com/GBNewsOnline
Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more.
https://www.gbnews.com/watch/how-to-watch
source
-
Food UK2 years agoPANCAKES EXPERIMENT: SAME Ingredients DIFFERENT Techniques
-
Other UK2 years ago
The BBC is on obtained time and is quick ending up being Bri…
-
Fashion UK2 years ago
TDX x TB Rock Band EDJ (“All For You”) Full Song + Lyrics – Tower Defense X Roblox
-
Other UK2 years ago
Making it through an honour killing – BBC News
-
Other UK2 years ago
Could Reform Cost the Tories the Next Election?
-
Fashion UK1 year ago
HIGH ON YOU – Jind Universe | Latest Punjabi Love Song 2024
-
Other UK2 years ago
Prince Harry was victim of phone hacking by Mirror Group New…
-
Business UK2 years ago
Martin Daubney | Wednesday 27th November
-
Business UK3 years ago‘This is his top priority’ | Jake Berry on Tom Tugendhat’s economy plans
-
Politics UK3 years agoEnding Anonymity Online: Britain’s Plans to Change the Internet – TLDR News
@ashredfern8507
January 16, 2024 at 3:23 am
If you allowed fracking as liz truss tried to do , fuel prices would be under control and gas prices. This means manufacturers and suppliers can reduce costs etc etc. Fuel costs pushed inflation up which pushed up interest rates! Rishi stopped fracking 2 days after getting into power unelected btw. He had 820mil in wealth I guess he laughing now he and his rich MPs got their pockets filled they are laughing looking to retirement.
@grantsapain
January 16, 2024 at 3:23 am
This is an internal Israeli issue. The "international community" needs to mind it's own business…
@garagenigel
January 16, 2024 at 3:23 am
We are only raising rates because the yanks are! Inflation isn't being caused by the UK population! The cost of food going up doesn't warrant a rate raise! It's not rocket science!
@razkhan2958
January 16, 2024 at 3:23 am
Interested rates going up by the bank of England
@potnoogle5780
January 16, 2024 at 3:23 am
House prices are not going down. Corrupt government and bullocks system.
@someguyUK
January 16, 2024 at 3:23 am
Hear me out… But maybe its the massive transfer of wealth to the rich, thats driving inflation? Maybe its them that are spending hard? Maybe the gov could tax them to reduce inflation, instead of rate raises….
Or maybe to much money has been printed 😂
@grahamjackson6589
January 16, 2024 at 3:23 am
Longer g7+ goes down this path without tax cuts and deregulation the worse it'll get.
It'll cause the biggest swing right that we've ever seen and it's only a matter of time.
Fighting a supply side issue with demand side tools is the opposite of what should have been done.
@MrAndyblue52
January 16, 2024 at 3:23 am
This will last for years we have been taken for fool's
@MrAndyblue52
January 16, 2024 at 3:23 am
Printing vast amounts of cash calling it quantive easing equals inflation
@tammymarks
January 16, 2024 at 3:23 am
They're bending down the people, not inflation.
@jm19592011
January 16, 2024 at 3:23 am
So, because of energy price rises everyone is experiencing higher prices. And the BoE's answer is to make-people-pay-more because their mortgage and business loan repayments are higher? Stellar.
@stephfoxwell4620
January 16, 2024 at 3:23 am
Surely to bear down as in pressing a weight.
Bed down is going to sleep.
@jim-es8qk
January 16, 2024 at 3:23 am
How does increasing intrest repayments to farmers solve food inflation? It just increases costs, pushes them out of business and makes the problem worse.
@Dezzasheep
January 16, 2024 at 3:23 am
The spectre of CBDC is just around the corner.
@shaw99livecouk
January 16, 2024 at 3:23 am
Rates going to 15% .Remember the 1980s and rates at 19% I do…
@markwilliams-px3rx
January 16, 2024 at 3:23 am
DR or specialist in this day and age is equally to the magic man of yesterday !!
#useless
@francescostello1377
January 16, 2024 at 3:23 am
Watch professor Richard Wolff for all financial info. The UK is screwed both politically and financially,
@evolassunglasses4673
January 16, 2024 at 3:23 am
All our problems are just symptoms of central Bankers.
@JGZ.
January 16, 2024 at 3:23 am
BofE is a puppet of the US.
@stequality
January 16, 2024 at 3:23 am
Wef are happy
@thecouncilestategardener4999
January 16, 2024 at 3:23 am
I think that's why british government allowed all the refugees / immigration asylum however they want to word it…. more people to vote 🤔
@IamColonel1
January 16, 2024 at 3:23 am
Another economist who doesn't seem to know what he is talking about! Interest rates are risen by central banks (who no longer control the commercial banks in the UK) in order to make it more attractive to the global financial market to lend money, but not too high to make the UK economy look bad. If the market thinks the economy is bad, it will expect interest rates to increase in order to justify the risk of holding UK debt. UK debt is so large that the interest the govt is paying is very big (and getting bigger). Debt to GDP is about 97%?
I often think economists are still stuck in the 70s mindset, when international markets and gilts were not as important as today. And govt debt wasn't astronomical.
@imbonkers3629
January 16, 2024 at 3:23 am
Printed £16 billion last month to borrow to the government, as long as we print money 💰 inflation stays high , so stop lying 🤥🙈
@MJ-YT-USR
January 16, 2024 at 3:23 am
they could put the rate up to 20%, it still wouldn't significantly lower inflation. People are not voluntarily spending more money on non-essentials, they are spending more money on essentials.Text book fiscal and economic rules went out the window in 2008.
@doogleticker5183
January 16, 2024 at 3:23 am
Bear down on inflation? Or upon the citizens of the UK!!
@liverloop123
January 16, 2024 at 3:23 am
We are heading for a recession. A long painful one.
@cosifantutte1071
January 16, 2024 at 3:23 am
Inflation will continue to rise due to currency creation, not opinion; just fact