Bank of England issues major growth blow as interest rates are cut

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  • เผยแพร่เมื่อ 6 ก.พ. 2025
  • There's been some good news for mortgage holders, as the Bank of England has cut interest rates to 4.5%.
    But that has been tempered by a warning about the state of the economy with the Bank cutting the UK's growth forecast in half.
    Sky's Economics Editor Ed Conway reports.
    Read more: news.sky.com/s...
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ความคิดเห็น • 60

  • @VHS-CINEMA
    @VHS-CINEMA 10 ชั่วโมงที่ผ่านมา +31

    Gets paid £495,000 (plus £99,000 pension) a year to tell us how poor we all are

  • @WillowO-w8d
    @WillowO-w8d 7 ชั่วโมงที่ผ่านมา +11

    Next 20 years are going to be devastating for UK growth.

  • @abdilatifali5560
    @abdilatifali5560 10 ชั่วโมงที่ผ่านมา +23

    Yay...luckily I left the country two weeks ago.

  • @DorsetAdventure
    @DorsetAdventure 5 ชั่วโมงที่ผ่านมา +3

    Not surprising considering everyone who has gold here in uk are flying it out off the country asap

  • @KiingOfKombat
    @KiingOfKombat 9 ชั่วโมงที่ผ่านมา +8

    we need to cut rules and regulations for construction. it literally takes forever to build anything.

    • @ANH-1977
      @ANH-1977 9 ชั่วโมงที่ผ่านมา +4

      Crumbly concrete and Grenfell 2.0 here we come!

    • @hawthornedan
      @hawthornedan 7 ชั่วโมงที่ผ่านมา +4

      @@ANH-1977don’t be silly, no one’s saying that

  • @A.RATTER
    @A.RATTER 10 ชั่วโมงที่ผ่านมา +17

    we need a new leader fast.

    • @Paws4Thought669
      @Paws4Thought669 10 ชั่วโมงที่ผ่านมา +1

      I think that's right tbh. A direction

    • @Flaming-wings
      @Flaming-wings 9 ชั่วโมงที่ผ่านมา +6

      We just got one
      Things don't improve immediately, to undo past mistakes and grow the economy takes time.

    • @joshevans4663
      @joshevans4663 9 ชั่วโมงที่ผ่านมา +3

      ​@@Flaming-wings
      Why was the economy doing better when Rishi was PM then?

    • @wiseget-f7e
      @wiseget-f7e 9 ชั่วโมงที่ผ่านมา +2

      @@Flaming-wingsit’s got worse than 6 months ago!

    • @dcoughla681
      @dcoughla681 ชั่วโมงที่ผ่านมา

      @@Flaming-wingsThe President of Argentina turned round his country’s economy in 6 months. It’s forecast to grow by 5% this year. Our economy is hurtling towards recession & unemployment is climbing.

  • @RecklessEngineering
    @RecklessEngineering 9 ชั่วโมงที่ผ่านมา +5

    hand it over to the states, and everything will change

  • @rockallmusic
    @rockallmusic 7 ชั่วโมงที่ผ่านมา +4

    It's almost as if the economy can't grow when all the income is going on spiralling rent to landlords rather than goods and services

    • @user-gz6tx6yp3v
      @user-gz6tx6yp3v 6 ชั่วโมงที่ผ่านมา +4

      And the rent is spiralling because of increased taxes and regulation costs as well as generally pushing landlords out the market which has reduced the supply of homes to rent. It's all the government's fault.

  • @codswallop164
    @codswallop164 10 ชั่วโมงที่ผ่านมา +7

    "Growth blow"
    Im going to ask the missus for one tonight but she's in a bad mood because im not being anywhere near honest about the state of our finances....

    • @Paws4Thought669
      @Paws4Thought669 10 ชั่วโมงที่ผ่านมา +1

      🤣 " nah it's not happening luv"

    • @codswallop164
      @codswallop164 9 ชั่วโมงที่ผ่านมา +1

      @Paws4Thought669 🤣

    • @Paws4Thought669
      @Paws4Thought669 8 ชั่วโมงที่ผ่านมา

      @@codswallop164 😆😆

  • @Paws4Thought669
    @Paws4Thought669 10 ชั่วโมงที่ผ่านมา +4

    The issue with this is that Londoners move north , no one wants that 😜

  • @Paws4Thought669
    @Paws4Thought669 10 ชั่วโมงที่ผ่านมา +3

    yea,we are goosed. London will be hit hardest , banks are moving, media downsizing ( streaming and Ai )

  • @colinthompson3111
    @colinthompson3111 9 ชั่วโมงที่ผ่านมา +3

    How is lowering interest rates a growth blow? Econ 101, lower interest rates stimulates borrowing and helps growth in the economy??
    I guess SkyNews has a different economic framework from the rest of the universe. Hope people get lower mortgage payments as a result.

  • @T5Zplayer
    @T5Zplayer 10 ชั่วโมงที่ผ่านมา +7

    Predictable. StasiLabour clueless and will KNOWINGLY make it worse

  • @mandismith89
    @mandismith89 4 ชั่วโมงที่ผ่านมา

    theres a shortage of building materials, your squeezing more tax out of people, costs raise so then wages have to raise...its getting out of control and its usually just simply greed

  • @user-kb1rl5qy1k
    @user-kb1rl5qy1k 10 ชั่วโมงที่ผ่านมา +19

    22 million foreign born migrants now live in the UK and millions of them have never held a job and live off benefits and many British people have had enough and emigrated including 11,000 millionaires and many have gone to New Zealand and Australia.

    • @HassanAhmed-g8j
      @HassanAhmed-g8j 10 ชั่วโมงที่ผ่านมา +6

      Many British born gone to UAE, Saudi, Australia as migrants. Many British born on benefits, as that’s majority of UK population. Let that sink in

    • @ajt2206
      @ajt2206 10 ชั่วโมงที่ผ่านมา

      They go east to avoid tax bruv... they don't get no benefits there, to gain any benefit people of any race should have to work for it, community work not just queue for it!

    • @Flaming-wings
      @Flaming-wings 9 ชั่วโมงที่ผ่านมา +5

      Spreading misinformation isn't a good look buddy.

    • @Flaming-wings
      @Flaming-wings 9 ชั่วโมงที่ผ่านมา

      ​​@@HassanAhmed-g8j again spreading misinformation isn't a good look.

    • @michaelmoran1964
      @michaelmoran1964 9 ชั่วโมงที่ผ่านมา +1

      ​@@Flaming-wingsno Misinformation

  • @RameshJavaneGowdaDr
    @RameshJavaneGowdaDr 10 ชั่วโมงที่ผ่านมา +1

    That gold bullion belongs to many other countries, not all owned by UK. UK simply acting as bank locker for other's gold. India taking out it's gold.

  • @Abdullahz-u4f
    @Abdullahz-u4f 8 ชั่วโมงที่ผ่านมา +1

    Stop printing money 😢

    • @evgeniam685
      @evgeniam685 6 ชั่วโมงที่ผ่านมา

      Money is all about control. It's just paper with numbers.

  • @AAJJ007
    @AAJJ007 4 ชั่วโมงที่ผ่านมา

    "the UK does seem to be worse hit than many other countries." I wonder what the reason could be. What is it that we've done differently? What could it possibly be? 🤔🤔🤔 Could it be that we imposed trade sanctions on ourselves? 🤣🤣🤣

  • @msagoo29
    @msagoo29 7 ชั่วโมงที่ผ่านมา

    Trust in Rachel from accounts and Rayner, they'll sort things out.

  • @lukaszpawlowski6078
    @lukaszpawlowski6078 7 ชั่วโมงที่ผ่านมา

    is the presenter a catholic priest or did he just forgot to pull out the shirt's collar?

  • @Matt-ou7tu
    @Matt-ou7tu 7 ชั่วโมงที่ผ่านมา +1

    Reeves is useless.

  • @nathanandsopa
    @nathanandsopa 4 ชั่วโมงที่ผ่านมา

    Andrew Bailey should have quit long time ago. He has mismanaged the economy for too long.

  • @Jimmy-Wong1
    @Jimmy-Wong1 ชั่วโมงที่ผ่านมา

    in the past 5 years, was there any good economic news?

  • @TheHiddenLake
    @TheHiddenLake 10 ชั่วโมงที่ผ่านมา +1

    Socialists & Economic Growth, not happy bedfellows 🤦‍♂️

  • @tomoblasz2028
    @tomoblasz2028 9 ชั่วโมงที่ผ่านมา

    Most construction workers are self employed so don`t complain about national insurance

    • @martynclinton8092
      @martynclinton8092 4 ชั่วโมงที่ผ่านมา

      But few have pensions..
      so when they retire they will be facked!
      Very sorry state

    • @gricius
      @gricius 3 ชั่วโมงที่ผ่านมา

      @@martynclinton8092 they will still get state pensions

  • @patrickhowell5578
    @patrickhowell5578 ชั่วโมงที่ผ่านมา

    For some reason GB is worse hit economical than anyone else, some unknown reason, definitely not Brexit benefits, can't bring himself to even mention the B word!

  • @MilankaMilosevic-l4u
    @MilankaMilosevic-l4u 2 ชั่วโมงที่ผ่านมา

    Eddy Georges ( Merwin The Kingue ) 🇬🇧 👏👏👏

  • @Paws4Thought669
    @Paws4Thought669 9 ชั่วโมงที่ผ่านมา

    The Nixon flash, UK style
    Gordon Brown sold all the gold reserves, but not return
    The flash was an out of the blue agreement, all federal reserves were ( I think? ) sent to Saudi, on the premise/ promise that USA would have every barrel of oil traded in US dollars. Only two counties have stood against that and traded . Iraq and Russia

  • @fintamaria2429
    @fintamaria2429 9 ชั่วโมงที่ผ่านมา +3

    Stop inequality

  • @Paws4Thought669
    @Paws4Thought669 10 ชั่วโมงที่ผ่านมา

    Richie Tombola (JjustinHhawkins rides again .... Again ) is a better guitarist and song writer than Noel Galactica
    Mad ferret

  • @KateHennes
    @KateHennes 18 นาทีที่ผ่านมา +1

    I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated

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    • @DerickSams
      @DerickSams 16 นาทีที่ผ่านมา

      I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

    • @fhgfhfhgf
      @fhgfhfhgf 16 นาทีที่ผ่านมา

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      @fhgfhfhgf 16 นาทีที่ผ่านมา

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      @KateHennes 16 นาทีที่ผ่านมา

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