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Bank of England interest rates went up for the fourteenth time in a row today, to 5.25 per cent, meaning more pain for mortgage holders across the country. (Subscribe: 🤍 But there was better news on prices, with the Bank forecasting today that - as pledged by the government - inflation would fall by half by the end of the year, to below 5 per cent. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in August 2023 and answers questions from the press.
The Bank of England has warned against complacency after freezing its interest rate at 5.25%. Governor Andrew Bailey said he is determined to bring inflation back down to the target level of 2% - but with current rates at 6.7%, he added that "the job isn't done yet". Read more: 🤍 #bankofengland #interestrates #economy SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
For the first time in nearly two years the Bank of England has frozen interest rates. (Subscribe: 🤍 After 14 increases in a row the rates now remain at 5.25 percent. Despite today's decision mortgage rates are still at a 15 year high. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
The Bank of England has announced a quarter-point interest rate rise, taking its base rate to a new 15-year high. Subscribe to Guardian News on YouTube ► 🤍 The Bank's governor, Andrew Bailey, said the increase, the 14th hike in a row, would support the government's efforts to bring inflation rates down. 'Low and stable inflation is the foundation of a healthy economy. High inflation hurts the least well-off the most,' he said. The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► 🤍 Sign up to the Guardian's free new daily newsletter, First Edition ► 🤍 Website ► 🤍 Facebook ►🤍 Twitter ► 🤍 Instagram ► 🤍 The Guardian on YouTube: The Guardian ► 🤍 Guardian Australia ► 🤍 Guardian Football ► 🤍 Guardian Sport ► 🤍 Guardian Live ► 🤍 #AndrewBailey #CostOfLiving #BankOfEngland #InterestRate #Inflation #UK #News
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Subscribe ► 🤍 Learn how to trade with IG: 🤍 We provide fast and flexible access to over 17,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. * Based on revenue excluding FX (published financial statements, February 2023). † For the 12 months preceding 1 July 2023.
The Bank of England’s gold vaults hold £194bn worth of gold bars. If you stacked them all on top of each other, they would be the same height as 46 Eiffel Towers. They hardly ever let anyone in to film, but the BBC’s Frank Gardner has been given access to the Bank of England’s gold vault. Filmed and edited by James Wignall and Erica Brown Please subscribe HERE 🤍
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The Bank of England is battling core inflation of over 6% marking a year during which it has remained at over three times the Bank of England's target of 2%. UK investors are focused on the policy response of the Bank’s Monetary Policy Committee as it pushes up the cost of borrowing to cool but hopefully not crash the UK economy and get inflation back under control. Hear our summary of what the MPC says and does and what it means for investors and homeowners in the UK. If you want to learn more about investing then why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here 🤍 What Else PensionCraft Offers: 💡 Book a coaching session with Ramin so he can answer your questions in a one-to-one video call via Zoom: 🤍 📰 Sign up for our free weekly market roundup to get news and views about what's going on in the stock market and wider economy 🤍 📖 Understand investment in more depth with my online courses 🤍 ❓ Join PensionCraft on YouTube and you’ll be supporting me to make more content and I will answer your questions and respond to your comments on YouTube as a priority 🤍 Where Else You Can Find Me 🎧Check out our weekly podcast "Many Happy Returns" on your podcast provider of choice 🤍 🌐 Website - 🤍 📱 Twitter - 🤍 👨 Facebook - 🤍 🔗 Linkedin - 🤍 Tools I Use To Create My Videos ✔️ I use a number of data sources to help me produce my videos. My two primary ones are Koyfin and SharePad. My affiliate link for Koyfin is 🤍 and for Sharepad 🤍 (These links provide new users with a special offer and may give me a small commission) The rest of the tools I use are free open source software: ✔️ ggplot2 package in R for my plots ✔️ RStudio to edit and run R code ✔️ OBS to record my videos and live streams ✔️ Kdenlive to edit my videos Take A Look At Some Of My Other Videos & Playlists 📹 Investment Strategies playlist 🤍 📹 Income Investing playlist 🤍 📹 Investing With Vanguard playlist 🤍 📹 Portfolio Building Blocks playlist 🤍 DISCLAIMER All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
The Bank of England is battling core inflation of almost 7% which marks is its highest rate of increase in the UK in over thirty years. UK investors are focused on the policy response of the Bank’s Monetary Policy Committee as it pushes up the cost of borrowing to cool but hopefully not crash the UK economy and get inflation back under control. Hear our summary of what the MPC says and does and what it means for investors and homeowners in the UK. If you want to learn more about investing then why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here 🤍 What Else PensionCraft Offers: 💡 Book a coaching session with Ramin so he can answer your questions in a one-to-one video call via Zoom: 🤍 📰 Sign up for our free weekly market roundup to get news and views about what's going on in the stock market and wider economy 🤍 📖 Understand investment in more depth with my online courses 🤍 ❓ Join PensionCraft on YouTube and you’ll be supporting me to make more content and I will answer your questions and respond to your comments on YouTube as a priority 🤍 Where Else You Can Find Me 🎧Check out our weekly podcast "Many Happy Returns" on your podcast provider of choice 🤍 🌐 Website - 🤍 📱 Twitter - 🤍 👨 Facebook - 🤍 🔗 Linkedin - 🤍 Tools I Use To Create My Videos ✔️ My primary data source is SharePad and an affiliate link for this is here 🤍 (This link provides new users with a special offer and gives me a small commission) The rest of the tools I use are free open source software: ✔️ ggplot2 package in R for my plots ✔️ RStudio to edit and run R code ✔️ OBS to record my videos and live streams ✔️ Kdenlive to edit my videos Take A Look At Some Of My Other Videos & Playlists 📹 Investment Strategies playlist 🤍 📹 Income Investing playlist 🤍 📹 Investing With Vanguard playlist 🤍 📹 Portfolio Building Blocks playlist 🤍 DISCLAIMER All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
Our Financial Policy Committee (FPC) identifies, monitors and takes action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. The FPC also has a secondary objective to support the economic policy of the Government. Twice a year, the FPC publishes a Financial Stability Report, which sets out the committee’s view on the main risks to financial stability and assesses how prepared the financial system is to withstand these risks. This is the Financial Stability Report Press Conference from July 2023.
Thanks to Seeking Alpha for sponsoring today’s video! Check out Seeking Alpha Premium today at 🤍 and score a 14-day free trial. In The UK, September 16, 1992, is known as Black Wednesday, the day when speculators including George Soros and Stanley Druckenmiller "broke the pound." This expression is used to describe the moment in time where market forces coalesced to force the British government to exit the European Exchange Rate Mechanism (ERM) by removing its currency from that agreement. Joining the ERM was part of Britain's effort participate in a single European Currency. Patrick's Books: Statistics For The Trading Floor: 🤍 Derivatives For The Trading Floor: 🤍 Corporate Finance: 🤍 Ways To Support The Channel Patreon: 🤍 Buy Me a Coffee: 🤍 Visit our website: 🤍onfinance.org Follow Patrick on Twitter Here: 🤍 Patrick Boyle On Finance Podcast: Spotify: 🤍 Apple: 🤍 Google Podcasts: 🤍 Join this channel to support making this content: 🤍
Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in May 2023 and answers questions from the press.
LSEG Lipper’s Dewi John sits down with IGTV financial analyst Angeline Ong and explains why the Bank of England has to take the punch bowl away from the inflation party before it gets started. This means a rate hike later this week. John also explains why higher inflation can lower inflationary effects by strengthening sterling. Subscribe ► 🤍 Learn how to trade with IG: 🤍 We provide fast and flexible access to over 17,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. * Based on revenue excluding FX (published financial statements, February 2023). † For the 12 months preceding 1 July 2023.
If mortgage payers, renters and businesses were feeling the squeeze before today, well now the pips are coming out. (Subscribe: 🤍 Five per cent is the new interest base rate announced earlier by the Bank of England - the highest it's been for fourteen years. That's the pain. The gain? According to the bank - reduced inflation and the avoidance of a recession. - Follow us: Facebook - 🤍 Twitter - 🤍 TikTok - 🤍 Instagram - 🤍
Compare news coverage. Spot media bias. Avoid algorithms. Be well informed. Download the free Ground News app at: 🤍 Despite interest rate hikes, inflation in the UK continues to rise, and the Bank of England is undoubtedly facing tough challenges. In this video, we explore the history of central bank independence, public dissatisfaction, and the possibility of bringing it back under government control. 💬 Twitter: 🤍 📸 Instagram: 🤍 🎞 TikTok: 🤍 🗣 Discord: 🤍 💡 Got a Topic Suggestion? - 🤍 Support TLDR on Patreon: 🤍 Donate by PayPal: 🤍 TLDR Store: 🤍 TLDR TeeSpring Store: 🤍 Learn About Our Funding: 🤍 TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks! ///////////////////////////////////// 1 - 🤍 2 - Schultz, K. (1995). The Politics of the Political Business Cycle. British Journal of Political Science. 3 - 🤍 4 - 🤍 5 - 🤍 6 - 🤍 7 - 🤍 8 - 🤍 9 - 🤍 10 - 🤍 11 - 🤍 12 - 🤍 13 - Cecchetti, Stephen. (2008). Monetary Policy and the Financial Crisis of 2007-2008. 14 - 🤍 15 - 🤍 16 - 🤍
The Bank of England is battling core inflation of almost 7% which marks is its highest rate of increase in the UK in over thirty years. UK investors are focused on the policy response of the Bank’s Monetary Policy Committee as it pushes up the cost of borrowing to cool but hopefully not crash the UK economy and get inflation back under control. Hear our summary of what the MPC says and does and what it means for investors and homeowners in the UK. If you want to learn more about investing then why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here 🤍 What Else PensionCraft Offers: 💡 Book a coaching session with Ramin so he can answer your questions in a one-to-one video call via Zoom: 🤍 📰 Sign up for our free weekly market roundup to get news and views about what's going on in the stock market and wider economy 🤍 📖 Understand investment in more depth with my online courses 🤍 ❓ Join PensionCraft on YouTube and you’ll be supporting me to make more content and I will answer your questions and respond to your comments on YouTube as a priority 🤍 Where Else You Can Find Me 🎧Check out our weekly podcast "Many Happy Returns" on your podcast provider of choice 🤍 🌐 Website - 🤍 📱 Twitter - 🤍 👨 Facebook - 🤍 🔗 Linkedin - 🤍 Tools I Use To Create My Videos ✔️ My primary data source is SharePad and an affiliate link for this is here 🤍 (This link provides new users with a special offer and gives me a small commission) The rest of the tools I use are free open source software: ✔️ ggplot2 package in R for my plots ✔️ RStudio to edit and run R code ✔️ OBS to record my videos and live streams ✔️ Kdenlive to edit my videos Take A Look At Some Of My Other Videos & Playlists 📹 Investment Strategies playlist 🤍 📹 Income Investing playlist 🤍 📹 Investing With Vanguard playlist 🤍 📹 Portfolio Building Blocks playlist 🤍 DISCLAIMER All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
‘This fall in inflation is good news but the Bank of England is still almost certain to raise interest rates yet again on September 21st.’ Liam Halligan breaks down the fall in consumer price index from 7.9% to 6.8% and the impact it will have on the British economy. #bankofengland #interestrates #economy #inflation Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
Addressing the latest interest rate decision, Bank of England governor Andrew Bailey says there has been "modest growth" and it's expected that inflation will "fall quite sharply over the coming months". He said energy prices have fallen substantially, and food price inflation is expected to ease too - but he insisted inflation "remains too high". Read more: 🤍 SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
There are four denominations of Bank of England notes in circulation: £5, £10, £20 and £50. All four denominations are printed on polymer. There are also £20 and £50 notes printed on paper. Would you be able to spot a genuine note from a counterfeit? This short film covers the key security features on all of our current banknotes. You should check these features to ensure notes are genuine. Find out more about our banknotes: 🤍
'The Bank of England are compounding their original error by going for rate rises that go further and are bigger than what we now currently need.' Liam Halligan & Jacob Rees-Mogg discuss the BoE's handling of inflation, as the latest figures show it fell to 7.9% in June. Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
'That kind of language is immoral.' Pastor Mick reacts to comments made by the Chief economist from the Bank of England that people need to accept that they're poorer. At a time when a record near-three million emergency food parcels have been handed out at food banks in the year to March, Pastor Mick says his comments are 'misguided.' Subscribe now for more! 🤍 Broadcast on 26/04/23 Stream Good Morning Britain live, every weekday from 6am on the ITV Hub 📲 🤍 Subscribe now for more! 🤍 Like, follow and subscribe to Good Morning Britain! The Good Morning Britain YouTube channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissable watch again moments. Join Susanna Reid, Ben Shephard, Kate Garraway, Charlotte Hawkins and Sean Fletcher every weekday on ITV from 6am until 9 every weekday! ITV Hub: 🤍 Website: 🤍 YouTube: 🤍 Facebook: 🤍 Twitter: 🤍 🤍 #GMB
The latest MPR report from the BOE makes for very interesting reading and today we are going through the key bits that affect our lives including: 1. When will inflation come down? 2. How high will interest rates go? 3. Will the UK enter a recession? Links from video: MPR report: 🤍 MPC Meeting: 🤍 💵 The investment platforms I use: Trading 212 🤍 If you do not get your freeshare after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app. InvestEngine 🤍 Get a £25 bonus when you invest at least £100 Vanguard 🤍 This is not an affiliate link I hold funds with all these brokers and believe they offer both affordable investing and great value for money, I only include brokers in my description that provide ISA’s and are authorised and regulated by the FCA so are covered by the FSCS. DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you. DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional. This week's ending tune - 🤍
The Bank of England has been accused of ‘losing control of inflation’ as nearly 1m households could face £500 monthly mortgage hike by the end of 2026. The Bank’s half-yearly Financial Stability Report found that higher interest rates are gradually filtering through to homeowners who are coming off fixed-rate mortgage deals, typically lasting two or five years. TalkTV’s Mike Graham is joined by The Telegraph’s Deputy Comment Editor Annabel Denham who suggests one of the triggers was the “immense pressure from the pandemic” to print large sums of money in order to pay for the Government’s plans, including furlough or loans going to businesses. Annabel adds: "It’s fair to say they were asleep at the wheel". #talktv #talkradio
‘To manage to get inflation down is an incredibly difficult task, which the slightly clod-hopping Bank of England may not succeed in.’ Jacob Rees-Mogg comments on today’s rise in interest rates from the Bank of England. 📺 Freeview 236, Sky 512, Virgin 604 #jacobreesmogg #money #finance #economy #interestrates Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
“The Bank of England has zero credibility.” Chief Economic Strategist at Netwealth Gerard Lyons criticises the “competence” of the Bank of England and says it must now “act aggressively” to try and control inflation. 📻 Listen to Times Radio - 🤍 📍 Subscribe to our channel - 🤍 🗞 Subscribe to The Times Times.Radio/Subscribe 📲 Get the free Times Radio app 🤍
Neil Shearing, chief economist at Capital Economics, speaks to CNBC's Joumanna Bercetche about the Bank of England's rate rise to 5%
Speaking after the Bank of England raised interest rate to 4.5%, Professor Danny Blanchflower says: 'This is terrible incompetence and this lot should just quit' #BankOfEngland #InterestRates #Shorts SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
The Bank of England holds a press conference after announcing the interest rate has increased 0.25 percentage points to 4.5%. Addressing the latest decision, Bank of England governor Andrew Bailey says there has been "modest growth" and it's expected that inflation will "fall quite sharply over the coming months". This will begin with the inflation figure for April, which will be released in the next two weeks. #Inflation #Interestrates #costofliving #UK #bankofengland SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
Bank of England Governor Andrew Bailey, Chief Economist Huw Pill and Monetary Policy Committee members Catherine Mann and Silvana Tenreyro are questioned by parliament's Treasury Committee about the central bank's decision to increase interest rates for the 12th time in a row earlier this month.
Will the Bank of England continue to hike interest rates or is the worst over? Join Angela Barnes and Warren Venketas live from 11:55am as they have all the news, views and market moves. Subscribe ► 🤍 Learn how to trade with IG: 🤍 We provide fast and flexible access to over 17,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps. Established in 1974 as the world’s first financial spread betting firm, we’re the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders. Through our low fees and smart price-sourcing technology, we help traders keep their costs down. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. * Based on revenue excluding FX (published financial statements, February 2023). † For the 12 months preceding 1 July 2023.
Mike Graham rips into Bank of England Governor Andrew Bailey. The Office for National Statistics said on Wednesday that Inflation unexpectedly remained frozen last month on 8.7 per cent, with core inflation hitting its highest level for 31 years. It means forecasts for peak Bank of England interest rates have risen to 6%. Mike Graham says “Andrew Bailey is the plank of England, he is running the economy into the ground and for my money he should go. Just get lost!” Click here for more from TalkTV 🤍 If you need any help visit: 🤍 RMP
GB News' Economics and Business Editor Liam Halligan analyses the latest inflation rates after figures fell from 7.9% to 6.8% in July. #inflation #money #bankofengland #uknews Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
The Prime Minister has been seeking to reassure people that he is doing everything he can to curb inflation. He told an audience of Ikea workers in Kent: "I am totally 100% on it, and it is going to be okay and we are going to get through this". Interest rates latest: 🤍 #bankofengland #interestrate #skynews SUBSCRIBE to our YouTube channel for more videos: 🤍 Follow us on Twitter: 🤍 Like us on Facebook: 🤍 Follow us on Instagram: 🤍 Follow us on TikTok: 🤍 For more content go to 🤍 and download our apps: Apple 🤍 Android 🤍 Sky News Daily podcast is available for free here: 🤍 Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: 🤍 Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: 🤍 To enquire about licensing Sky News content, you can find more information here: 🤍
GB News' Economics and Business Editor Liam Halligan reports on the latest rise from the Bank of England. #interestrates #bankofengland #uknews #money Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
Watch live as Andrew Bailey, the governor of the Bank of England, faces questions on interest rates. Mr Bailey is facing parliament's Treasury Committee alongside the central bank's chief economist Huw Pill and its Monetary Policy Committee members Catherine Mann. The economists are being questioned over the bank's decision to increase interest rates for the 12th time in a row earlier in May to its highest level in 15 years at 4.5 per cent. In a statement shared at the time of the latest raise, the Bank of England said it was raising rates because inflation was too high - 10 per cent instead of its targer 2 per cent - and it was the best way to try and bring down inflation. The rate of inflation has increased in part due to rising food prices. Moreover, many homeowners now face the prospect of higher monthly mortgage payments - the Bank of England estimated that up to four million households would be affected. Watch more videos at the Independent TV: 🤍 Click here to subscribe to The Independent: 🤍 About The Independent: Making Change Happen. The Independent is the world’s most free-thinking newsbrand, providing global news, commentary and analysis for the independently-minded. Connect with The Independent: Check out our full video catalog: 🤍 Videos, daily editorial and more: 🤍 Click here to get the best of The Independent daily: 🤍 Like The Independent on Facebook: 🤍 Follow The Independent on Twitter: 🤍 Follow The Independent on Instagram: 🤍 Download the iOS & Android app: 🤍 Help to support truly independent journalism. Every dollar you contribute will directly fund additional special reports and investigations from a free-thinking, award-winning newsroom you can trust - 🤍 Subscribe to Independent Premium for exclusive content & live events: 🤍
A look at failures of the Bank of England, under-estimating inflation then over-reaction with higher interest rates. ► Please subscribe! 🤍 About ► 🤍 was founded in 2006 by Tejvan Pettinger, who studied PPE at Oxford University and teaches economics. He has published several economics books, including: ► Cracking Economics. 🤍 ► What Would Keynes Do? Amazon 🤍
The Bank of England has left interest rates unchanged at 5.25 per cent. GB News’ Economics and Business Editor, Liam Halligan, says this is 'good news' for the UK. Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
‘It’s so out of touch, it’s so insane.’ Dr Roger Gewolb says the Bank of England is ‘stuck in a rut’ after they rose interest rates for the 13th time in a row. #money #banking #bankofengland Keep up to date with the latest news at 🤍 Twitter: 🤍 Facebook: 🤍 Download the GB News app! You can watch GB News on all of your favourite devices and keep up to date with the latest news, analysis, opinion and more. 🤍
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