Business UK
Interest rates: Liam Halligan discusses how the increase will affect mortgage owners
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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.
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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.
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.
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Business UK
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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@Andy2x4
January 3, 2024 at 3:34 pm
We don’t need to build more houses. Instead, we should just stop letting so many people into our country who are exhausting the housing supply. Concreting over the countryside isn’t the answer.
@connormcleod9595
January 3, 2024 at 3:34 pm
20-30 % drop by 2024. Rates should be 11% boe incompetence
@Sabhail_ar_Alba
January 3, 2024 at 3:34 pm
The housing market is a ponzi scheme and at 9 x ave salary is unsustainable – which wouldn't be a bad thing if collapsed. The public doesn't win from house price inflation
unless selling up and emigrating and don't forget, the latest housing surge was caused by govt cutting stamp duty and giving out 1.1 m visa's to foreigners over the
last year along.
@paldavi2876
January 3, 2024 at 3:34 pm
Boe off the wall. Especially with the cost of living. It was banks n government who caused inflation
@neil1375
January 3, 2024 at 3:34 pm
The whole game is rigged by the Establishment to enslave the masses. FIGHT BACK PEOPLE!
@raysargent4055
January 3, 2024 at 3:34 pm
Does the government live in the real world ten million increase in the population due to government policy low interest rates to boost the price of houses .The government has caused it all.
@sanjibsarmah1582
January 3, 2024 at 3:34 pm
is not it good for exporters when the currency value depreciated ? is not it good for those whose economy is grown on the base of export and domestic demand is less? IDK BTW
@brotherelf
January 3, 2024 at 3:34 pm
We need more houses but there are too many nimby people putting the kibosh on any plans.
@Forestfalcon1
January 3, 2024 at 3:34 pm
They don't want you owning your own home.. They want to buy them and hold you to ransom..
@Forestfalcon1
January 3, 2024 at 3:34 pm
They needlessly bankrupt the country during COVID and now we are all suffering.. It was deliberate.. They wanted us on our knees and in extreme debt.. The most valuable commodity on the planet is debt.. It means they own you and your country and are fee to exploit you and your country's resources.. It's more profitable than war.. They are calling all of the shots.. Our leaders take their orders from outsiders..
@neilfields5914
January 3, 2024 at 3:34 pm
The system is the problem, if you keep making easier to buy all it does is increase the price of houses. Never seen a poor estate agent.
@nockianlifter661
January 3, 2024 at 3:34 pm
Eventually recognised that the fact that debt is substantially greater than its ever been and now, tiny interest rate changes create enormous upheavals.
@jjefferyworboys8138
January 3, 2024 at 3:34 pm
What incentive is there for house builders to build more homes at the present time ?
Very little if none at all, so they will just still on the land until things improve. The shortage of houses will just be exacerbated.
@gillian9178
January 3, 2024 at 3:34 pm
Their have been to much cheap money for to long, hence why we are seeing what we are seeing now. Interest rates should have started rising slowly but steadily a number of years ago. We wouldnt be seeing this sudden impact on rate rises that we are seeing virtually over night so to speak.
@paulb1034
January 3, 2024 at 3:34 pm
Big adjustment to the UK residential property market is on its way. The fate of UK interest rates is in the hands of the US Fed.
@MrLoftusjj3
January 3, 2024 at 3:34 pm
The Banks Got Everybody Drunk On Cheap Money But Now The Party Is Over,
@craphead9842
January 3, 2024 at 3:34 pm
What BS from these arseholes… And they haven't a clue… Fact credit card interest rate with aqua credit card is 37% if you want cash its 45%…Tony cuenca
@achosenman9376
January 3, 2024 at 3:34 pm
It should have been raised to this level last month. The carnage started at that point. Now the blob have installed Sunak, the “mistake” is suddenly rectified…😒
@stephfoxwell4620
January 3, 2024 at 3:34 pm
Mortgage rates of 7%, trebled in three months.
This suggests a 10% fall in house price by next summer.
@dftfire
January 3, 2024 at 3:34 pm
M A S S R E P O S S E S S I O N S D U E ! 😱