BREAKING: Bank of England leaves interest rates at 5.25% - What does it mean for you?
The Bank of England has left interest rates unchanged at 5.25%. Liam Halligan reports.
#BreakingNews #LiamHalligan #BankOfEngland
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Пікірлер: 201
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13 күн бұрын
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13 күн бұрын
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13 күн бұрын
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13 күн бұрын
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The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. It's obvious we are neck dip on inflation,it is always the poor who take the hit.
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13 күн бұрын
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13 күн бұрын
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13 күн бұрын
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13 күн бұрын
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@NateFrodahl
13 күн бұрын
She's a licensed broker.
Imagine stealing everyones money and still being trillions in debt.
@chrishart8548
13 күн бұрын
That's what happens when it's all fake Money. I wonder how bankrupt we really are.
@KatharinaK117
13 күн бұрын
Ain't that a tragedy.. sarcasm OFF ..👎🏼👎🏼👎🏼
@KatharinaK117
13 күн бұрын
@@chrishart8548you don't want to know...
@KatharinaK117
13 күн бұрын
Nothing against interest money...but usurious interest should be a ....CRIME!!!
@user-ds8rj2vc4v
13 күн бұрын
Whose money did anyone steal? I know that the UK also spent insane amounts of money fighting slavery & Nazis. Not many countries can say the same thing.
Gotta pay for the hotels and immigration bill plus Ukraine meanwhile OUR country is falling apart roads look like the moons surface 😮
@veryhappychappy12
13 күн бұрын
If you want to see the 'moons surface' on a road where there are potholes that would swallow a Stobart 42 tonner come to Wales where 20mph is polluting the potholed villages it was supposed to 'protect'.
5% interest rates have been a historical normality. 15 years of near zero rates have been a disaster!
@middleman9183
13 күн бұрын
Yep, idiots who borrowed at low rates - now crying, can cry harder!
@TheGamesEmporium
13 күн бұрын
@middleman9183 Not just that. But they also drove asset prices through the roof. Meanwhile, responsible savers were completely shafted.
@Spaceman-jk5fb
13 күн бұрын
We must make a new society of fit and strong people.
@pessi6185
13 күн бұрын
How many years of Finance Capitalism, printing money to prop up their system????????
@MissMelissaRadford
13 күн бұрын
@@johnkitching2248Averaged around 4.5% throughout the 2000s and second half of the 90s. Much higher in early 90s, 80s and 70s. As high as 17%. Ranged between 4% and 8% in the 60s. She's correct.
Blackrock said so?
The migrants need feeding and careing for
How long can we House and feed everyone ?
@chrishart8548
13 күн бұрын
We can house and feed everyone we just choose not to.
@imbonkers3629
13 күн бұрын
£3 trillion in debt so not many more years
@imbonkers3629
13 күн бұрын
@@chrishart8548all ready £3 trillion in debt goes up by £310k a minute, illegals alone costs £14 billion a year , I can see you know zero about what we can afford 🙄
@chrishart8548
13 күн бұрын
@@imbonkers3629 lots of empty houses (second homes) and plenty of food everywhere. Most of us are throwing food away. It's just bad management. And my mum and dad both have their own separate 3 bed houses and live alone.
@imbonkers3629
13 күн бұрын
@@chrishart8548 a few little things does that pay of £3 trillion of debt government have no money zero they get tax to run the country why should it be given out to millions of immigrants, or you willing to have even higher taxes
So the average person gets shafted paying thousands on interest on they’re mortgage whereas the rich are making loads off interest. It’s just like taking money straight out of the pockets of the average person and giving straight to the rich. The interest they are earning will nicely be offsetting the cost of living so they don’t feel a thing.
@kenneth2656
13 күн бұрын
The rich own property as well a stocks and shares premium bonds Isa's and gold
so now make the banks start paying real interest rates to savers
@MinkieWinkle
13 күн бұрын
they already are
@ram64man
13 күн бұрын
@@MinkieWinkle no there not most banks still only pay 1,5% when the rate is 5+ this is wrong and hits the poor who need access to there accounts regularly
@MinkieWinkle
13 күн бұрын
@@ram64man then you clearly have not looked about, i have been getting about 5 percent for the last 12 months. Look at savings accounts, not just basic accounts For instance. Barleys rainy day savings account 5 percent
@ram64man
11 күн бұрын
@@MinkieWinkle don’t use barleys or hs, or any of the online only, work 6 days a week ,I’m talking about the government major owned e.g. NatWest, Halifax loyds instant access all below 2%
@MinkieWinkle
11 күн бұрын
@@ram64man there's your mistake. thinking the government is competitive. The government is broke. you want to start earning from your savings . go private. And if you want instant access. there are many accounts out like that too. i have several with over 5 percent
Which Tax cuts ? Paying more now than last year with no increase in the personal allowance
@DeeZire
13 күн бұрын
Smoke and mirrors. He can cut NI and fiddle with income tax but the frozen tax thresholds mean more people are being dragged into paying more tax and thus end up worse off overall - to cover the NI cut he put minimum wage up a fair bit this year thus creating a net gain to the exchequer by getting the lowest paid to pay more of what they earn in tax.
@barbaraneville5036
13 күн бұрын
@@DeeZire Exactly that They are gaslighting us by stating tax cuts, at the end of the month the Inland revenue take more of our earnings
The UK needs to peg it's currency to gold like Russia and China instead of blindly following America who are borrowing 1trillion dollars every 100 days. Interest rates rise because of borrowing it's called inflation and it's keeping us all poor.
@AllanHinde-mb2pr
13 күн бұрын
Did t England sell a lot of its gold?
@Tommy-jl9dm
13 күн бұрын
@@AllanHinde-mb2pr yes foolishly Gordon brown sold out gold reserves. This is different to pegging our currency to gold though . Doing so would stop governments recklessly borrowing money that the tax payer would have to pay back. E.g 100billion for illegal migrants .
@leggett997
13 күн бұрын
@@AllanHinde-mb2prthink it had to sell / give it to US to pay for World Wars funding and support
@Tommy-jl9dm
13 күн бұрын
@@johnkitching2248 gold has been around for 5thosand years and is still universally accepted in all countries. Pegging money to crypto is more about creating a dominance where we can tell other countries such as Russia to do as we say or be cut off. The problem is America is corrupt we need to distance ourselves from them politically and financially
@Whalewraith
13 күн бұрын
@@AllanHinde-mb2pr Gordon Brown sold half of our gold reserves in 1999 to balance his books. It was at a historic low price as well. He sold 401 tonnes and messed up the sale by staggering it. Releasing so much gold significantly dropped the price for later sales. He averaged $275 ($515 in today's money) an ounce. Today its $2312.58.
Liam is the best for financial reporting!
Don't raise taxes, cut public services. Force the NHS to reform and provide value for money. Do the same to local government, the Police, the Courts, the Judiciary, Education, etc.
@Nora.........
13 күн бұрын
Reform Uk is all about reforming the lot of 'em.
@grahamcook9289
13 күн бұрын
@@Nora......... Unfortunately they are just a bunch of fringe nutters who won't win a single seat at the next general election and will lose their only MP who defected from the Tories. Forgotten his name already and he's already been consigned to the dustbin of history.
We must all say no to cbdc if there is a hill to die on so to speak it has to be that as we would effectively become slaves to banks who could tell us what we can spend our money on and have time limits on how long we have to spend it.
@wyndhamhewlett8223
13 күн бұрын
THE MAJORITY HAVE NO CLUE!!!!
Nobody believed Sunak anyhow. His approach to the economy really was the wrong approach after all.
@Norcha8
13 күн бұрын
But it was the approach any right-winger is going to be allowed to do. Had he gone down the Truss route - the only way to save the UK - then Sunak would be destroyed the same way Truss was. It's a set up. They wont stop until Labour are in power.
“Bank of England leaves ‘USURIOUS’ rates at 5.25%.”
Keep up the good work boe. Brilliant news.
Rates need to go up not down.
For these billionaires with pockets full of money. The working class for billionaires, normal workers are just a bunch of numbers. Bankers need us to be debtors all our lives!!
All these issues take care of themselves if you close down the assylum benefits system
Banks are determined to stave off the inevitable, a rush to Crypto, silver and gold, as long as possible.
Astounding how inflation measure the BoE does not account for the cost of housing. If the cost of energy has come down by a few hundred pounds a year, the cost of having a roof over your head (if you rent or have a mortgage) has more than wiped out that reduction. The MPC are living in a parallel universe without housing costs.
Only two voted for the cut, hold your breath next month, just don’t faint
I was under the impression that interest rates between 2 and 5% are the norm
5.5% is not high interest rates
There does seem to be a lot of signs that things are starting to improve- green shoots here and there. Fingers crossed that it continues!
Realistically, you can add at least 7% to that inflation figure. How do prices go up 30%, and inflation is only a single digit. They're very selective (on purpose) about which food prices and other commodities are included in the CPI or RPI calculations.
Either way we are screwed they lower the interest rates and prices go up...
There must be a 90% chance or higher that Sunak will require a big cut in the base rate prior to the GE, even if the BOE doesn't agree. Lets face it the base rate is as much political as economic and its unlikely the BOE is truly independent of government.
& why do we have inflation? Sunak and Johnsons Covid money printing
Is it working,are the people poor enough yet?
Nothings fixed yet and things are still getting worse. Its not a time to cut rates. Low rates are what got us here.
@mark.e.p
13 күн бұрын
Too low for far too long. Bunch of muppits.
Derrr Derrr Derrrr Liam you didn't think they were going to go down A Global Financial Crash is just around the corner
@wyndhamhewlett8223
13 күн бұрын
YES SPOT ON HES JUST SHILLING!
@MinkieWinkle
13 күн бұрын
crashes are a good thing. short term pain, for long term gains. consider a crash the markets way for clearing out the unproductive, snake oil products and businesses
@wyndhamhewlett8223
13 күн бұрын
@@MinkieWinkle This CRASH will be off the scale!!
@MinkieWinkle
13 күн бұрын
@@wyndhamhewlett8223 if they keep kicking it down the road. yeah. that is why we need rate to rise. to stop them from kicking the problem down the road.
@MinkieWinkle
13 күн бұрын
@@wyndhamhewlett8223 that is why we need rate to rise
Income tax can't increase further for majority of British; tax burden should be bear by landlords, not hard working people
if the UK cuts rates and the US does not. It will impact import/export prices. we end up paying more. It has to be together or not at all
Priti Patel is the Saint of Women. She is divorced from Alex Sawyer.
Breaking - no news again.
Although I fear a Labour Government, I’ll be fascinated to see how they get on without being able to shake the magic money tree. Watch this space . . .
Oh.... REALLY!
Big nothing burger!?
@KatharinaK117
13 күн бұрын
😂 exactly...
An economy that can't stand a decent interest rate and has to cut merely to stumble on for another quarter is already a zombie. Printing fiat while admitting you can't stand healthy interest rates is to admit its game over. Expect a full-scale depression. Good luck with that "Sir" Kier. Enjoy.
Klaus has ordered them not to reduce it until his servant Keir Starmer is safely in number 10 😢
Interest cut and inflation coming down, none of these will save the Tories
They know how far they can push. They also know that fiat always fails in the end. How ever many guns back it
Stagflation
Me the conspicuous people told u it'd gone up but u keped on saying its gone down
who is Rishi Sunak
For people struggling to support their family a tax reduction must be allowed, so you can support your loved one and not the disabled and single mothers.
The biggest con ever holding interest rates. The economy is going to have a heart attack!
@MinkieWinkle
13 күн бұрын
you think lowering them and creating fake growth is going to be any better? rates now are normalising. markets need to heal. lowering the rates might create short term growth. at the expense of long term stagnation/ housing bubbles
Inflation rising again now.
Excellent helps my gold and silver price.
As if an interest rate cut will save the snake sunak
Bet your mortgage Sunak takes credit for this and says so next PMQT.
i dont k now maybe because there is an election
June Thursday will see a rise now 😏
of course they have, why not make money..lol
7 clearly obey Klaus 😢
Stating the obvious Liam
Cry more
What does it mean for you? In the culture war that dominates this "news" channel? Almost nothing.