Connect with us

Business UK

Economy: Should the Bank of England intervene on rising inflation?

Published

on



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/

source

Continue Reading
24 Comments

24 Comments

  1. @gabriellawiks8682

    January 21, 2024 at 10:27 am

    The country economy is really bad on how
    1year of been unemployed have 2kids and catering form ..it really hurt how the government watch it citizen suffer i think crypto is the only way to earn a living at least i can survive with my monthly payout of $10,000

  2. @luciajohnson8370

    January 21, 2024 at 10:27 am

    Bitcoin on it journey to all time high….alot of people will be made millionaire soon if you believe drop a like on this comment

  3. @arnolddavidson6887

    January 21, 2024 at 10:27 am

    How to invest in crypto currency?. Pick your favourite pairs and monitor the trend watch the chart and study the past trends. Seek for the right mentoring and profitable signals for tradin and ensure to implement stop loss measures for most trades. You're welcome to join us.

  4. @danielgraham4992

    January 21, 2024 at 10:27 am

    Michelle, and her guest, are misunderstanding or at least misrepresenting what inflation is and how it lasts. A quick example:

    The inflation at the moment is say 5%. That means a product that cost £100 (say a computer game) now costs £105. Now when this woman says "inflation may go down" and Michelle says about her pub food "it'll settle down" they seem to be signaling a return to normal I.e. a return to that £100 game. That NEVER happens. Only in very, very rare cases of DEflation do prices reverse. Instead what they mean is that the RATE of inflation might return to 2-3% sp that game might be £107 in 2023 then £110 in 2024. But in no situation are we ever going to reverse or 'get back' the 5% price rises of 2021, those are baked in now, not transitory.

  5. @overgeared

    January 21, 2024 at 10:27 am

    the rate at which the govt has been spending money in recent times this was all so predictable. inflation is a stealth tax and a con trick which cheapens debt while robbing the wealth of savers and the masses whose wages are slow to adjust. running inflation at current levels is morally reprehensible and unbefitting of a truly conservative government.

  6. @keyzersoze4158

    January 21, 2024 at 10:27 am

    🐑🐑🐑🐑🐑🐑🐑🐑🐑🐑🐑

  7. @justanothertransguurl8589

    January 21, 2024 at 10:27 am

    I’d love Michelle Dewberry to dress me up in her clothes including bra and knickers

  8. @aloh5613

    January 21, 2024 at 10:27 am

    All because a certain country tried to cover up its outbreak… 😉

  9. @jamesallen3887

    January 21, 2024 at 10:27 am

    Can GB News just get rid of Dewbs, shes just a really poor presenter and commentator prone to blurting out unsubstantiated nonsense…
    More recently Dewbs wants tge Govt to stop reporting Covid stats – can someone explain to her thickness cases are rising, already above March this year!!!!

  10. @kyrian2307

    January 21, 2024 at 10:27 am

    Despite the economic crisis it's still a good time to invest in Gold and Crypto.

  11. @markthacker9387

    January 21, 2024 at 10:27 am

    Greedy gas industry and energy industry, and biden, messing with the economy and taking away what trump did made America self sufficient, biden he has now crashed the markets, pushing a barrel of oil way passed the market prices, now the knock on effect, has we can see at the pump prices and utility bills.

  12. @garymitchell5899

    January 21, 2024 at 10:27 am

    Just to clarify that Vicky is a convicted criminal who has been to prison.

  13. @petermitchell6348

    January 21, 2024 at 10:27 am

    No. The Bank of England should NOT intervene. We already have too many private companies sticking their oars into Government activities.

  14. @paulusarnhelm704

    January 21, 2024 at 10:27 am

    People who have worked all their lives and managed to save a modest amount to give a sense of security in their later years will be shafted.

  15. @annuvynarawn392

    January 21, 2024 at 10:27 am

    intervention would be pointless, inflation is due to supply chain issues and not down to higher demand so a rate rise would do nothing but hurt the economy, government borrowing payback would be affected – think it out, it is basic stuff

  16. @twoforty252

    January 21, 2024 at 10:27 am

    There will be 200 dollar barrel of oil sooner rather than later

  17. @harrieth6300

    January 21, 2024 at 10:27 am

    Have grown to like Vickie.

  18. @jimmytwotimes2275

    January 21, 2024 at 10:27 am

    Thank you British gas for today's email I got today saying my electric prices are going up 20%

  19. @stephenrichards5386

    January 21, 2024 at 10:27 am

    Global warming will produce global cooling, don't you know

  20. @lairdkilbarchan

    January 21, 2024 at 10:27 am

    Great to see Vicky's rehabilitation is progressing.

  21. @stephenrichards5386

    January 21, 2024 at 10:27 am

    Gas prices are high because of princess nut nuts green policies.

  22. @stephenrichards5386

    January 21, 2024 at 10:27 am

    I thought the BoE had no choice. They are supposed to write a letter of explanation to the PM and chancellor when inflation exceeds 2%. It's 3%. Where is the letter? What are they doing to bring down inflation? Oh, it's OK. It only destroys the plebs. The oh so rich are fine, thanks

  23. @alan40able

    January 21, 2024 at 10:27 am

    The plan was always to hyper inflate the government’s debts away .

  24. @nknk5241

    January 21, 2024 at 10:27 am

    bank of England is reason of high inflation by printing money like crazy

You must be logged in to post a comment Login

Leave a Reply

Business UK

WATCH: Ed Miliband GRILLED in his first questions as Foreign Secretary

Published

on

By



The new Foreign Secretary Ed Miliband faces questions from members of parliament for the first time in the role.

#edmiliband #labour #parliament

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

source

Continue Reading

Business UK

Richard Tice claims he is “DEAD SERIOUS” after Labour call their housing plans “UNSERIOUS!”

Published

on

By



‘If foreign nationals are to be evicted from social housing, where do you expect them to go?’ GB News’ Keith Bays asks Reform …

source

Continue Reading

Business UK

Burnham HUMILIATED as Israel brands UK ‘Islamic Republic of Britain’ and Trump eyes Falklands THREAT

Published

on

By



Britain has been branded the ‘Islamic Republic of Britain’ by Israeli Prime Minister Benjamin Netanyahu after Labour threatened to sanction Israeli settlements on the West Bank. Donald Trump has also threatened to withdraw the US’s neutrality on Britain’s dispute with Argentina over the Falklands Islands in a humiliation to Andy Burnham.

#andyburnham #islam #immmigration #donaldtrump #gaza

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

source

Continue Reading

Business UK

NEW: Andy Burnham takes swipe at Brexit and Thatcher as he sets out vision for Britain

Published

on

By



Andy Burnham takes aim at Brexit, Thatcherism and Britain’s economic record as he sets out his vision for the country in his first speech as Prime Minister. Burnham pays tribute to Keir Starmer and outlines his plans to deliver economic growth, promising “fiscal responsibility” while arguing that Britain has taken “a series of wrong turns” since the 1980s. He says Brexit “compounded the damage” and pledges to build a pro-business, innovation-led economy across the UK.

Burnham also addresses some of the major issues facing Britain, including the small boats crisis, prison early release and the privatisation of water companies and utilities. Drawing on his experience as Mayor of Manchester, the Prime Minister explains how his time in local government has shaped his approach to leading the country. He concludes by promising that Britain can “believe again” and “bring back hope” as he sets out his ambitions for the future.

Opposition Leader Kemi Badenoch wastes no time in challenging the new Prime Minister, mocking Burnham’s first day in office and warning that being Prime Minister is “a very different job” from being Mayor of Manchester. Badenoch grills him over defence spending, the small boats crisis, tax rises and his criticism of Thatcherism, accusing Burnham of wanting to take Britain “back to the 1970s”.

#andyburnham #kemibadenoch #primeminister

Keep up to date with GB News at gbnews.com or on X @GBNEWS

Become a Friend of GB News: gbnews.com/friend

source

Continue Reading

Business UK

Burnham RIPS INTO the Tories’ 14 year of INCREASING DEBT!

Published

on

By



“We saw 14 years of debt rising!”

Watch as Andy Burnham launches his scathing attack on the Tories and leader Kemi Badenoch as they discuss the ongoing debt issues surrounding the UK, as the Opposition Leader presses him on how he will sort defence spending.

Burnham insists borrowing has fallen to its lowest level in six years.

#UKPolitics #Labour #Burnham #KemiBadenoch #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

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.