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Bank of England set to increase interest rate to the HIGHEST since 2008 | Liam Halligan explains

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#bankofengland #liamhalligan #interestrateincrease #interestratehike

‘The Bank of England is likely to put interest rate up again to four and a half percent, the highest since 2008.’

GB News Economics and Business Editor Liam Halligan
details the likely hike in interest rate for the twelfth time in a row.

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21 Comments

21 Comments

  1. @mrdeathgaming1457

    January 19, 2024 at 5:32 pm

    Bank of England. The Real Puppet of the Real Owner . and as George Carlin said…'They want it all back', They Own us and they keep bombarding us with more crap wearing us down until the little People stop questioning! Same in the Uk and same all over the World. It's a Big Club and WE aint in it!

  2. @mrmeldrew693

    January 19, 2024 at 5:32 pm

    This inflation was not caused by wages going up….the wages 'debate' is just used to get us infighting, (self employed/private/public sector etc).
    Inflation was caused by the money printing of recent years. When my mortgage is up in ten months, I will be having to find an extra £200ish each month. That's £200 that won't be going on restaurants etc/days out/the wider economy.

  3. @gubulusgabell5721

    January 19, 2024 at 5:32 pm

    what about printing few more trillions and give freebies to everyone

  4. @Indomitablespirit108

    January 19, 2024 at 5:32 pm

    England, run by Russian Oligarchs! No accountability, corruption at the highest levels!

  5. @Hardman._

    January 19, 2024 at 5:32 pm

    3:05 So yet again, if we were to start drilling in the North Sea, we wouldn't need to raise interest rates? 🤦‍♂Yet again, this "conservative" government is completely incompetent.

  6. @daveswinbank6604

    January 19, 2024 at 5:32 pm

    Totally bonkers, utility prices 100% responsible for food inflation, when farmers cannot afford to grow crops, every fridge cost More, bring down energy tariffs,half inflation tomorrow

  7. @1aatlas

    January 19, 2024 at 5:32 pm

    If you think this has a happy ending you haven't been paying attention.

  8. @TG-ts3xn

    January 19, 2024 at 5:32 pm

    Still waayy to low to fight inflation 🤷🏽‍♂️

    Where’s the financial journalism?! Eek

  9. @evolassunglasses4673

    January 19, 2024 at 5:32 pm

    All our problems are just symptoms of our own central Banking system.
    ( mass money printing + mass debt + mass immigration).

  10. @duncansmith7562

    January 19, 2024 at 5:32 pm

    "inflation surprisingly sticky"
    only if you had no clue as to the causes of the inflation.

  11. @DD-fc1rv

    January 19, 2024 at 5:32 pm

    This guy was on last week telling us he new interest rates would definitely not go any higher! He ain't got a clue.

  12. @topfour9160

    January 19, 2024 at 5:32 pm

    As he said every other doing shale gas. Us killed it dead…. Woke Tories are out 😤

  13. @danielmori7112

    January 19, 2024 at 5:32 pm

    debt has been cheap (almost free) for 10 years. Now the banks are cashing in. The only way is up

  14. @JMB1891

    January 19, 2024 at 5:32 pm

    So the message is…. don’t buy anything. Screw the economy.

  15. @Music5362

    January 19, 2024 at 5:32 pm

    Maybe the UK government and the BoE shouldn't have created so much extra currency recently, which is source of all this inflation.

  16. @whitecrowg1

    January 19, 2024 at 5:32 pm

    They had 0% interest rates in the EU for 10 years to encorage people spend money to keep economy going and create jobs and stop people from saveing. If you want slow a economy down from over heating and reduce spending as its doing to well your raise interest rates and increase prices of goods to reduce spending. Now Eu and western countrys are trying slow spending to help reduced cost goods being made and reduce inflation.

  17. @ThelastTory

    January 19, 2024 at 5:32 pm

    Interest rates are destroying the country, the government should be responsible for interest rates, unelected members of an inclusive elite club should have nothing to do with it. Gordon brown did nothing useful, he ruined pensions and set up the awful unlawful committee.

  18. @fraserduthie5853

    January 19, 2024 at 5:32 pm

    Anyone struggling to pay mortgages probably deserves it, stretching their finances to the absolute limit when interest rates were at their lowest ever levels for over 14 years. Time to downsize to something you can actually afford.

    Chickens have come home to roost, welcome to the real world.

  19. @lockymonster

    January 19, 2024 at 5:32 pm

    Inflation will not come down if the magic money press keeps running.

  20. @johngraves2755

    January 19, 2024 at 5:32 pm

    I remember when the bank rate hit just over 15% in the early 80s, it doubled my mortgage!

  21. @cocos8903

    January 19, 2024 at 5:32 pm

    If only somebody had the guts to use the War crimes charge against these corps on their gigantic profits.

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