Answering Your Questions on Mortgages, Interest Rates, and Energy

Martin Lewis answers your questions on energy ahead of Friday when Ofgem will confirm the actual price cap on energy costs from 1 July to 30 September 2024.
Plus, following the news that Inflation fell to 2.3% last month, Martin answers your questions on what this will mean for interest rates and mortgages.
Broadcast on 22/05/24
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Пікірлер: 35

  • @pmarmify
    @pmarmify2 ай бұрын

    energy bills bill down? Mine has gone up. Paying MORE in standing charges than energy!

  • @liamsheridan3814

    @liamsheridan3814

    2 ай бұрын

    They need to ban standing charges 100%

  • @ryanberry1

    @ryanberry1

    2 ай бұрын

    I'm paying MORE in standing charges than in actual usage... I'm a low user at about 3-4 KWh a day

  • @rgyhad484
    @rgyhad4842 ай бұрын

    Martin is the best ❤

  • @georgiamackay7959

    @georgiamackay7959

    2 ай бұрын

    The only person we seem to have left to trust in

  • @bitcoinenergy1

    @bitcoinenergy1

    Ай бұрын

    He is very good but needs to wake up to what is happening with ETF Bitcoin. Now fully accepted. What about if you throw bitcoin into the mix ? No one who has held bitcoin for the 4 year cycle has ever lost any money. In fact if you price property in bitcoin everything gets cheaper every four years. How ? because bitcoin unlike the pound is fixed in its supply and the purchasing power gets stronger every four years. For example a house you want to buy today will be cheaper in four years in bitcoin terms. This is why all the leading asset managers are buying and holding bitcoin. Even business are adopting bitcoin to gain competitive advantage. Why and How ? Lets say cashback for example. If you were to offer a customer 5% cashback and give it to them in bitcoin instead of pounds the cashback to them would increaes in value in four years. Hence the 5 pounds given to them in bitcoin would probably be worth 15 to twenty pound in four years. Am I selling bitcoin ? No I just teach other entrepreneures how it works. No spamming or emails. Just some food for thought. You can subscribe to my channel if you wish to learn about bitcoin, Thats it. Tony.

  • @chrysalis4126
    @chrysalis41262 ай бұрын

    The inflation rate which had nothing to do with the government when it was going up is suddenly all down to the government now its falling? It's only going down because the energy costs have gone down. As soon as we go into winter they will go up again and so will inflation. When are Ofgem going to do something about the rip off standing charges? I'm extremely frugal with my energy use and my standing charge is over 50% of my bill.

  • @bitcoinenergy1

    @bitcoinenergy1

    Ай бұрын

    Bitcoin is inflation proof . What about if you throw bitcoin into the mix ? No one who has held bitcoin for the 4 year cycle has ever lost any money. In fact if you price property in bitcoin everything gets cheaper every four years. How ? because bitcoin unlike the pound is fixed in its supply and the purchasing power gets stronger every four years. For example a house you want to buy today will be cheaper in four years in bitcoin terms. This is why all the leading asset managers are buying and holding bitcoin. Even business are adopting bitcoin to gain competitive advantage. Why and How ? Lets say cashback for example. If you were to offer a customer 5% cashback and give it to them in bitcoin instead of pounds the cashback to them would increaes in value in four years. Hence the 5 pounds given to them in bitcoin would probably be worth 15 to twenty pound in four years. Am I selling bitcoin ? No I just teach other entrepreneures how it works. No spamming or emails. Just some food for thought. You can subscribe to my channel if you wish to learn about bitcoin, Thats it. Tony.

  • @mattsorrell9386
    @mattsorrell93862 ай бұрын

    Still companies slapping CPI + inflation on our bills Energy/Mobile Contracts/Broadband etc

  • @MJ-YT-USR
    @MJ-YT-USRАй бұрын

    Its so ridiculous that some things, particularly energy pricing has been made so unnecessarily complicated. And of course it's only made complicated to confuse us, scare us and get more money out of us. These things should be properly regulated, and by regulators who are actually impartial and not funded by the very industry they regulate.

  • @BobBuilder-mq9wr
    @BobBuilder-mq9wr2 ай бұрын

    Everyones lost 30% off there networths since 2021!! All that money printing has made the currency toilet paper

  • @jamesbarbour8400

    @jamesbarbour8400

    2 ай бұрын

    Sadly, that is ultimately what happens when you create money out of thin air - always been the case. Most people aren't aware of just how dangerous a game this is - sooner or later, a point will be reached where it will be practically impossible to pay back all the debt and accrued interest on that debt. Needless to say that Politicians don't care, since they'll have their gold plated pensions to survive on whilst the rest of us freeze and starve, particularly in our old age. No point in kicking up a fuss either, as they'll all be protected behind their gated communities. Why do you think they are driven around in bullet proof vehicles with a small army of security.......they know they've done wrong......but couldn't care less coz of all the protection they can call upon. Both ex Presidents and Prime Ministers are allocated security details to protect them for the rest of their natural. Huge waste of money. They know what they've done, and so do we !

  • @liamthornhill5122

    @liamthornhill5122

    2 ай бұрын

    @@jamesbarbour8400 there crashing the £ on purpose to move over to crypto based

  • @goych

    @goych

    2 ай бұрын

    Actually we’ve just given it to fewer and fewer people

  • @L.M143
    @L.M1432 ай бұрын

    I've noticed a drop in energy price over the psst 3 weeks. Last summer, I remember our daily energy use on average was £3, past 3 weeks it is £2.85 - as show on British gas smart meter.

  • @springinpages6325
    @springinpages63252 ай бұрын

    What comparison websites are the ones that do not hide offers and show you the whole market? Anyone know?

  • @keithclunk3125
    @keithclunk31252 ай бұрын

    Everyone who paid their own way during covid is entitled to whine about inflation. Those that sat indoors watching TV all day on hand-outs from the government during the pandemic should be taxed more now to recover some losses and stop complaining about the inflation caused by the free money they received.

  • @davidhorn6008
    @davidhorn6008Ай бұрын

    It wasn't Sunak whom pledged inflation to GO UP in the first place. Sunak is NOT on The Monitory Policy Committee with Andrew Baily, so, explain HOW Sunak had any input to interest rates falling - thank You.

  • @jamiegiles6767
    @jamiegiles67672 ай бұрын

    Any Hero’s in the comments know which sites show the July price cap in comparisons,

  • @gusleonard9397
    @gusleonard93972 ай бұрын

    People need to be buying assets because when they cut rase, debasement will continue again and it is about 8% per year. This is why housing goes up so much cos they keep printing and they are gonna keep printing.

  • @paulobulleros6641
    @paulobulleros66412 ай бұрын

    Didn’t realise Ellen Degeneres is in GMB!

  • @user-hp6ls8qy6d

    @user-hp6ls8qy6d

    Ай бұрын

    Susanna Reid looks nothing like her.

  • @patdbean
    @patdbean2 ай бұрын

    The only reason everyone is fixated on inflation. Is that their income/pay is not increasing with inflation. They are blaming the wrong peoole as always.

  • @peterkelly5672
    @peterkelly56722 ай бұрын

    My pay as you go has tripled since Covid

  • @Juliukas101

    @Juliukas101

    2 ай бұрын

    I hate those peasant meters. They are the worst value ever and make people way poorer.

  • @user-lp5vk8sn3k
    @user-lp5vk8sn3k13 күн бұрын

    Inflation is coming down 😂😂😂😂😂😂

  • @jamiejones642
    @jamiejones6422 ай бұрын

    Keep your smart meter and your c l o t 💉🤣

  • @Juliukas101

    @Juliukas101

    2 ай бұрын

    What?

  • @thebody1001

    @thebody1001

    2 ай бұрын

    @@Juliukas101He’s referring to the Covid vaccine also known as the clot shot.

  • @gavinsmith9564
    @gavinsmith95642 ай бұрын

    Sunlit uplands of Brexit Britain.

  • @mohamedmagdy4015
    @mohamedmagdy40152 ай бұрын

    عليكم استخدام الطاقه الشمسيه

  • @user-hp6ls8qy6d

    @user-hp6ls8qy6d

    Ай бұрын

    This doesn't concern you.

  • @mohamedmagdy4015

    @mohamedmagdy4015

    Ай бұрын

    So what do I care about?