UK Economy: Bank of England cuts interest rate to 5%

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  • เผยแพร่เมื่อ 21 ต.ค. 2024

ความคิดเห็น • 75

  • @MunterPunter
    @MunterPunter 2 หลายเดือนก่อน +16

    What a lovely daughter and son that lady has. We need more of this, not division.

  • @KSweeney36
    @KSweeney36 2 หลายเดือนก่อน +1

    £1200 a month! That’s a massive pension. So many people are just on state.

  • @mazarinrichelieu3265
    @mazarinrichelieu3265 2 หลายเดือนก่อน +3

    Terrible losing your family home.

  • @Dark_Embracer
    @Dark_Embracer 2 หลายเดือนก่อน +1

    Mortgage holders who are seeing their mortgage payments go up each month, Renters who are seeing their rents go up, Government can't afford it either they can't afford high interest rates. Also high interest rates is holding back Growth in the economy. Interest rates have to go down to 0.1% now that inflation has come down to 2% at the Bank of England's target of 2% inflation.

  • @AWEngineerGB
    @AWEngineerGB 2 หลายเดือนก่อน +1

    I get annoyed when someone says it's unrealistic to own property one day. Maybe in your preferred neighbourhood or postcode. Starter homes in Scotland (for example) are quite affordable. You might need a few moves and ladder steps, but you can get a bigger house by making the right moves.

    • @User5tg4vfwtbht
      @User5tg4vfwtbht หลายเดือนก่อน

      If many people start buying more affordable homes in places like Scotland, that's just going to raise the house prices and we'll end up on the same square.

  • @KM-mn1mo
    @KM-mn1mo 2 หลายเดือนก่อน +1

    Inflation in UK rising to 2.3% & if there's rate cut , that means more inflation 😂😂😂😂😂

    • @KM-mn1mo
      @KM-mn1mo 2 หลายเดือนก่อน

      In 3 Years , all food prices will be 2x due to deteriorating economy 😂😂😂😂😂

  • @floramercury
    @floramercury 2 หลายเดือนก่อน +7

    By the way he’s talking there’s no need to relax then - he seems nervous 😬

  • @fintamaria2429
    @fintamaria2429 2 หลายเดือนก่อน +2

    Oh Dear😢

  • @JJB78
    @JJB78 2 หลายเดือนก่อน +1

    Love listening to news as it gives you what they want you to know, you’ll never find the boe getting interviewed by anyone mainstream.

  • @molkakaminski
    @molkakaminski 2 หลายเดือนก่อน +3

    Who elects the BoE board?

    • @Frederique41
      @Frederique41 2 หลายเดือนก่อน +1

      I wonder too

  • @KM-mn1mo
    @KM-mn1mo 2 หลายเดือนก่อน +1

    UK economy is already in Recession & there will be crash in London Stock Exchange in coming months 😂😂😂😂😂

  • @coderider3022
    @coderider3022 2 หลายเดือนก่อน +2

    Prices will go up if rates come down. It’s a seesawing effect ?

  • @plumduff3303
    @plumduff3303 2 หลายเดือนก่อน +1

    Beware of grinning bankers

  • @stephenmurray2851
    @stephenmurray2851 2 หลายเดือนก่อน +3

    Great. Responsible savers punished again

  • @SlayerEddyTV
    @SlayerEddyTV 2 หลายเดือนก่อน +6

    Richard Murphy has a new TH-cam video explaining the Bank of England fuelling inflation. How the BoE works needs to be reformed.

  • @ape72patch1
    @ape72patch1 2 หลายเดือนก่อน +1

    It’s not over til it’s over.

  • @TrustMeiamaD.R.
    @TrustMeiamaD.R. 2 หลายเดือนก่อน +4

    Greedflation he means.
    Have you Poms found the Track n trace money yet?

    • @RosePostedThis
      @RosePostedThis 2 หลายเดือนก่อน

      The new government is setting up a commission to get it back. We pretty much know where it went.

    • @TrustMeiamaD.R.
      @TrustMeiamaD.R. 2 หลายเดือนก่อน

      @@cangrejo_de_inhambane I'd like to see you guys rise up against the ten per cent of the uk population that owns fifty pc of its assets and the one per cent that own ninety percent of that..

  • @50_Pence
    @50_Pence 2 หลายเดือนก่อน +1

    He was told to lose some weight and the cigar. Lets all join hands and say thanks in unison

  • @GuitarTeacherBushey
    @GuitarTeacherBushey 2 หลายเดือนก่อน

    Everyone knew what was coming next except Andrew Bailey 😂

  • @VeronicaAlessandrello
    @VeronicaAlessandrello 2 หลายเดือนก่อน

    It should come down to 1

    • @rezvlt9285
      @rezvlt9285 2 หลายเดือนก่อน

      Not yet, we're still in recovery mode since the excessive COVID borrowing.

  • @sylvias2062
    @sylvias2062 2 หลายเดือนก่อน +6

    The Bank of England doesn't know what happens next ?
    Oh Dear

    • @Betweoxwitegan
      @Betweoxwitegan 2 หลายเดือนก่อน +1

      Nobody does... We can only base our actions on majority probability

    • @stephenwalker2924
      @stephenwalker2924 2 หลายเดือนก่อน

      @@Betweoxwitegan The majority is correct, if 501 to 1001 of 1001 are correct. That's 500 against. Terrible odds.

    • @Betweoxwitegan
      @Betweoxwitegan 2 หลายเดือนก่อน

      @@stephenwalker2924 It's obviously not terrible odds if it's greater than 50%, I mean casinos win big on odds above 50% but less than 51%, due to their sheer number of gamblers and capital flowing through them.
      Obviously when making impactful decisions you would want a clear majority with a high denominator and quality modeling. I was simply saying that nobody knows what happens next and so criticizing someone for saying they don't know is dumb.

    • @Felix-st2ue
      @Felix-st2ue 2 หลายเดือนก่อน +1

      Central banks never give too many details about what they are going to do next. If they did, then markets would react to that and then there is a possibility that this would change the anticipated future. Furthermore, the further away in the future you are predicting, the less accurate your prediction becomes. And at some point, you should stop relying on it. Nobody can accurately predict the weather in one month either.

    • @sylvias2062
      @sylvias2062 2 หลายเดือนก่อน

      @@Felix-st2ue
      I think the scenario here is throwing out a panic in order of to find out how to continue a status under thread .

  • @SalimSharif-e1o
    @SalimSharif-e1o 2 หลายเดือนก่อน +1

    CHECK
    1. BEFORE LEAVING PLACE
    2. BEFORE START
    3. AFTER FREE TIME

  • @يااللهيارب-ف2ق
    @يااللهيارب-ف2ق 2 หลายเดือนก่อน +3

    I am your sister from Yemen, and by Allah I only spoke out of hunger and distress. My mother, my brothers, and I lessons and tears. We are in a situation that only God knows about. God is sufficient for us, and He is the best disposer of affairs for those who brought us to this situation. By Allah Almighty, I did not write this appeal out of distress and distress. Poverty, O world, they have felt it So, I hope for you. By Allah Almighty, Lord of the Great Throne, he ate what I had in the house. By Allah, my brothers, he is my brothers by sitting in the house. Who has no food? By God, we are in a very difficult situation. We have 6 people entering the house, and my father has died, and there is no one who can depend on us and who lives in it.We live in a rented house because we cannot pay the rent we owe. '''''''''''''''''''''''''''''''''''''''''' ''''''''''''''''''''''''''''''''''''''''''''''''' ''''''''''''''''''''''''''''''''''''''''''''''''' ''''''''''''' My brother, my first words are: I swear to God that I will not lie to you or deceive you. I am a Yemeni girl displaced from the war. My family and I live in a rented house in Al-Shahrab 20,000 Yemenis among us, and now we owe 60,000 for 3 months. The owner of the house is one of the people who does not have mercy, by God, my brother. He comes every day, insulting us, talking about us, and moving from the house to the street because we were unable to pay him the rent. The neighbors saw us crying and came back.They came back to talk to the neighbors and we were given the weekend. So we made him swear by God. He will take us out into the street. Have mercy on him and us. Our country is due to this war and we do not find food for our day, and my brothers and I live in a difficult life. Our father died, may God have mercy on him, and we have no one in this world who was with us in these harsh circumstances. My younger brothers went out into the street and saw...The neighbors eat and stand at their door in order to give them bread even if they break it. By God, to whom belongs the dominion of the heavens and the earth, they closed the door and expelled them and came back crying. They are dying of hunger. No one has mercy on them and a holiday is returned. I have made a living, and now if one of us helps us with a kilo of flour, I swear to God, I am dying of hunger. My brother, I am an alien to God. Then, I ask you to help me for the sake of God. I ask you, by God, to love goodness and to help me, even if you can, by messaging me on WhatsApp.On this number 00967717354582 and ask for the name of my card and send it and do not be late and may God reward you with all the best, my brothers Sagar, see how they are and help us and save us before they throw us out in the street, you will be lost or we will die of hunger. My family and I ask you, by God, if you are able to help us, do not be late and may God reward you well..`/--~«««~-◊~◊~◊~~•=~•~◊~◊~◊~~: ~:~¡~¡~¡~;I.i.i.i.i.i.¡!i.I.،:;:|-;%;&&;;&;&🎉😢😢😢......,........

    • @Bertrum123
      @Bertrum123 2 หลายเดือนก่อน +1

      Let your god feed you .

  • @JJB78
    @JJB78 2 หลายเดือนก่อน

    Inflation isn’t down haha, don’t listen to the CPLie. It was very clear from the boe in this that inflation is most definitely having another big hit.

  • @chadwick0706
    @chadwick0706 2 หลายเดือนก่อน +4

    This cut meant nothing. Inflation still high

    • @ryhu5642
      @ryhu5642 2 หลายเดือนก่อน

      High ?? check the average house price for the uk now compared to the seventies
      Ps this is what they wanted. Us to own nothing and just have to get on with it but hey that’s what we love to do right 🤪

    • @chadwick0706
      @chadwick0706 2 หลายเดือนก่อน +1

      @@ryhu5642 we’re living in the generation of inheritance .if your parents ain’t got a house for you when there gone good luck!

    • @Felix-st2ue
      @Felix-st2ue 2 หลายเดือนก่อน +1

      Inflation is back down to normal. But that doesn't mean that prices are where they used to be. It just means that they are not increasing any further at an unusual rate.

    • @chadwick0706
      @chadwick0706 2 หลายเดือนก่อน

      @@Felix-st2ue it’s still high mate

  • @sheep.herder
    @sheep.herder 2 หลายเดือนก่อน +3

    criminals

  • @garethjenkins100
    @garethjenkins100 2 หลายเดือนก่อน

    Jude is such a hottie 😉

  • @ImperfectAnalysis
    @ImperfectAnalysis 2 หลายเดือนก่อน +2

    Typical sob story from channel 4. Is this actually considered journalism? Oh she had to get a job...😂 There are real slums out there. People on the bread line. People much worse off.

    • @nicci24
      @nicci24 2 หลายเดือนก่อน

      Channel 4 have done investigations on mould and slum housing, they've travelled up and down the country and visited food banks. They do plenty of other stories...

  • @titteryenot4524
    @titteryenot4524 2 หลายเดือนก่อน +8

    Channel 4 won’t let us comment directly on the Southport dude (which, let’s face it, is undisguised censorship), so here’s my indirect comment: Truth is, what happened in Southport, Hartlepool and Downing St. was a genuine manifestation of how millions feel in the UK apropos mass immigration. The political class will ignore this at their peril. To put some figures on this, net immigration to the UK in 2023 was 685,000. The UK currently has 67 million. That’s a full 1% of the population immigrating as a proportion in 1 year! No wonder so many people feel like their home is being invaded. Literally.

    • @YA-hm5zy
      @YA-hm5zy 2 หลายเดือนก่อน +3

      Oh shut it lol

    • @davidr7819
      @davidr7819 2 หลายเดือนก่อน +8

      Pathetic. Blaming other people for your own inadequacies. Children die and you seek to make political capital out of it. We are better than this

    • @titteryenot4524
      @titteryenot4524 2 หลายเดือนก่อน

      @@YA-hm5zyHuh? 🤔

    • @titteryenot4524
      @titteryenot4524 2 หลายเดือนก่อน +3

      @@davidr7819Not making any ‘political capital’. I was just pointing out the reality that importing 1% of your population every year is a bit of an issue for quite a few people. 👍

    • @Bungle-UK
      @Bungle-UK 2 หลายเดือนก่อน

      Exactly….third world imports bring third world behaviour.

  • @Dark_Embracer
    @Dark_Embracer 2 หลายเดือนก่อน

    Mortgage holders who are seeing their mortgage payments go up each month, Renters who are seeing their rents go up, Government can't afford it either they can't afford high interest rates. Also high interest rates is holding back Growth in the economy. Interest rates have to go down to 0.1% now that inflation has come down to 2% at the Bank of England's target of 2% inflation.