0
0.0
Apr 18, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
some felt now the bank of england _ than japan. some felt now the bank of england may - than japan. some felt now the bank of england may not - than japan. some felt now the bank of england may not cut l bank of england may not cut interest rates before the summer. may not cut interest rates before an election. they think that is the right thing to do, do you back then? {iii to do, do you back then? of course i _ to do, do you back then? of course i do. it is what we have an independent bank of england. they have to make a judgement. what is interesting is that the budget, the idea that would hit our inflation target a year earlier than they thought. commentators think we may still hit the bank of england target in the next couple of months. what that says is the very difficult decisions we took when inflation was over 11% have borne fruit. we need to stick with that approach which is clearly working.— is clearly working. mobile broadband _ is clearly working. mobile broadband prices - is clearly working. mobile broadband prices are - is clearly working. mobile | broadband prices
some felt now the bank of england _ than japan. some felt now the bank of england may - than japan. some felt now the bank of england may not - than japan. some felt now the bank of england may not cut l bank of england may not cut interest rates before the summer. may not cut interest rates before an election. they think that is the right thing to do, do you back then? {iii to do, do you back then? of course i _ to do, do you back then? of course i do. it is what we have an independent bank of...
0
0.0
Apr 22, 2024
04/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
a long list of people to blame. she blames the bank of england, the treasury. we even learns lettuce was part of the deep state. it was the tories unfunded tax cuts, billions of pounds that crashed the economy and left millions paying more on their mortgages. >> everyone knows two years ago i was not afraid of what her economic qualities would lead to. i was right then, that i'm right now when i say these economic policies would be a disaster. it would send mortgages and taxes up and working people would pay the price. >> everyone knows it is the tories of session with wild tax cuts that crashed the economy. the whole country is living it, so when is he going to learn the lesson and explain where the money is coming from for his plan to scrap national insurance? >> when my predecessor was running, i had the stomach to argue about economic policies, not wants, but twice. he tried to make his predecessor prime minister. opposing nato, ignoring anti-semitism and siding with our enemy. he put his interests ahead of ours. >> when he was running for leader, he was fu
a long list of people to blame. she blames the bank of england, the treasury. we even learns lettuce was part of the deep state. it was the tories unfunded tax cuts, billions of pounds that crashed the economy and left millions paying more on their mortgages. >> everyone knows two years ago i was not afraid of what her economic qualities would lead to. i was right then, that i'm right now when i say these economic policies would be a disaster. it would send mortgages and taxes up and...
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
patrick, governor of the bank of england. and finally , bank of england. and finally, news suggested going vegan went to your health. and that to prove your health. and that doesn't surprise us particularly a study on the effects of veganism on the human body found that it increases the chances of high blood pressure compared to meat . before taking part meat eaters. before taking part in the study, volunteers had their tests to assess their blood tests to assess their blood tests to assess their health levels, and the authors found that meat based diets improved blood diets improved their blood pressure. what pressure. the heart wants what the heart wants, which is probably some foie gras. perhaps a friend of mine should take my advice. >> also eaten, vegan sausage rolls . are you? have you eaten vegan? >> i've not, but it's meant to be a monster hit for that bakery chain, isn't it? not bad. they're not bad. well i wouldn't have a vegan sausage roll. >> take it from me being a tory lowers your cholesterol. this is not the record, official not for the reco
patrick, governor of the bank of england. and finally , bank of england. and finally, news suggested going vegan went to your health. and that to prove your health. and that doesn't surprise us particularly a study on the effects of veganism on the human body found that it increases the chances of high blood pressure compared to meat . before taking part meat eaters. before taking part in the study, volunteers had their tests to assess their blood tests to assess their blood tests to assess...
0
0.0
Apr 16, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
patrick, governor of the bank of england. and finally , bank of england. and finally, news suggested going vegan went to your health. and that to prove your health. and that doesn't surprise us particularly a study on the effects of veganism on the human body found that it increases the chances of high blood pressure compared to meat . before taking part meat eaters. before taking part in the study, volunteers had their tests to assess their blood tests to assess their blood tests to assess their health levels, and the authors found that meat based diets improved blood diets improved their blood pressure. what pressure. the heart wants what the heart wants, which is probably some foie gras. perhaps a friend of mine should take my advice. >> also eaten, vegan sausage rolls . are you? have you eaten vegan? >> i've not, but it's meant to be a monster hit for that bakery chain, isn't it? not bad. they're not bad. well i wouldn't have a vegan sausage roll. >> take it from me being a tory lowers your cholesterol. this is not the record, official not for the reco
patrick, governor of the bank of england. and finally , bank of england. and finally, news suggested going vegan went to your health. and that to prove your health. and that doesn't surprise us particularly a study on the effects of veganism on the human body found that it increases the chances of high blood pressure compared to meat . before taking part meat eaters. before taking part in the study, volunteers had their tests to assess their blood tests to assess their blood tests to assess...
0
0.0
Apr 12, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
pressure on the bank of england to lower interest rates. economic pressure is not as large as we started to date, uk economy is returning to growth already. as it dragged itself out, household spending power is beginning to improve. inflation still above the 2% inflation target, crucially the domestically generated parts of those inflations which the nbc has control over are even higher. so mrs inflation is above 6% currently. it will continue to slow for that the bank of england still has work to do here. we believe about hour, thank you. —— will leave it there for now. with the uk economy in such a weak state, many are calling on the bank of england to cut the cost of borrowing. it's a debate that could become increasingly politicised ahead of an expected election later this year. but the head of the international monetary fund has weighed into the debate, saying that central banks must resist pressure for early rate cuts, until inflation has been beaten. kristalina georgieva also warned of the danger of what she called, the tepid twe
pressure on the bank of england to lower interest rates. economic pressure is not as large as we started to date, uk economy is returning to growth already. as it dragged itself out, household spending power is beginning to improve. inflation still above the 2% inflation target, crucially the domestically generated parts of those inflations which the nbc has control over are even higher. so mrs inflation is above 6% currently. it will continue to slow for that the bank of england still has work...
0
0.0
Apr 17, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
but, as in the us, it is still above the bank of england's 2% target. george buckley is chief uk & euro area economist at nomura. nice to see you. it is interesting. listening to hear how things have changed, for the uk, a change for the better you think?— you think? everyone is exoecting _ you think? everyone is expecting inflation - you think? everyone is expecting inflation to i you think? everyone is i expecting inflation to fall. expectancy voltages over 3%. bearing in mind that we% still presented point with the bank of england like this to be. i think one of the big concerns the bank of england will still have after today's data is that services inflation, part of inflation at the bank of england policy can actually do something about is still going to be exceptionally high. it is going to be very close to 6% and it will be a source of concern for the bank of england and it is one reason why, we heard overnight, he was mother cut interest rates as quick as people are thinking.- people are thinking. giving interviews _ people are thinking. givin
but, as in the us, it is still above the bank of england's 2% target. george buckley is chief uk & euro area economist at nomura. nice to see you. it is interesting. listening to hear how things have changed, for the uk, a change for the better you think?— you think? everyone is exoecting _ you think? everyone is expecting inflation - you think? everyone is expecting inflation to i you think? everyone is i expecting inflation to fall. expectancy voltages over 3%. bearing in mind that we%...
0
0.0
Apr 2, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
here in the uk, some news that will put further pressure on the bank of england to cut interest rates sooner rather than later. a shop price inflation has eased to its lowest rate bank since december 2021 coming in at 1.3 percent in march, down from 2.5 percent in february, according to the latest data from the british retail consortium. this is good news for households who are seeing the cost of the food shop come down. live now to jane foley — head of fx strategy at rabobank. once again, or evidence to show that inflation is headed in the right direction? it that inflation is headed in the right direction?— right direction? it certainly is even food _ right direction? it certainly is even food prices - right direction? it certainly is even food prices and - right direction? it certainlyl is even food prices and they have been quite sticky, food prices down for ten months but still at three 17%, still a little bit too high but certainly if we look at what the bank of england has forecast they think the official consumer price index, the official inflation measure hit the 2% targe
here in the uk, some news that will put further pressure on the bank of england to cut interest rates sooner rather than later. a shop price inflation has eased to its lowest rate bank since december 2021 coming in at 1.3 percent in march, down from 2.5 percent in february, according to the latest data from the british retail consortium. this is good news for households who are seeing the cost of the food shop come down. live now to jane foley — head of fx strategy at rabobank. once again, or...
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
so i think that that but the bank of england, actually the bank of england, actually the bank of england, actually the bank of england is pretty ropey place at the moment. and the governor is a is a loose tooth. >> do you think that the bank of england should cut the base rate then, yes, i do, although it is, looking a little less likely now that the inflation didn't go down quite as much. but i think they should have been much more optimistic. >> yeah, it was, it was predicted to go fall to 3.1. and actually it was 3.2. they will cease. >> i get the impression that the bank of england is, is eager to seize any opportunity to be pessimistic. yeah and i think there were predictions that there were predictions that there would be quite a few interest rate cuts this year. i think people are very hastily kind of re—evaluated those predictions, predicting perhaps just one. do you think the bank of england is being a little bit too overcautious in this? and let's just been let's listen. we've just been talking much credit talking about how much credit sunak, should be given. sunak, etc. shou
so i think that that but the bank of england, actually the bank of england, actually the bank of england, actually the bank of england is pretty ropey place at the moment. and the governor is a is a loose tooth. >> do you think that the bank of england should cut the base rate then, yes, i do, although it is, looking a little less likely now that the inflation didn't go down quite as much. but i think they should have been much more optimistic. >> yeah, it was, it was predicted to...
0
0.0
Apr 17, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
going to be away for the bank of england because - that is going to be away for the bank of england because it - that is going to be away for the . bank of england because it singles continued — bank of england because it singles continued elevated _ bank of england because it singles continued elevated upward - bank of england because it singles continued elevated upward price . continued elevated upward price pressure — continued elevated upward price ressure. , ., ., pressure. often you are quite confident _ pressure. often you are quite confident of _ pressure. often you are quite confident of making - pressure. often you are quite confident of making up - pressure. often you are quite - confident of making up predictions with interest rates but on this occasion? it with interest rates but on this occasion?— occasion? it is a hard call, i i think they — occasion? it is a hard call, i i think they will _ occasion? it is a hard call, i i think they will cut _ occasion? it is a hard call, i i think they will cut it - occasion? it is a hard call, i i think they will cut it i
going to be away for the bank of england because - that is going to be away for the bank of england because it - that is going to be away for the . bank of england because it singles continued — bank of england because it singles continued elevated _ bank of england because it singles continued elevated upward - bank of england because it singles continued elevated upward price . continued elevated upward price pressure — continued elevated upward price ressure. , ., ., pressure. often you...
0
0.0
Apr 14, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
the bank of england is. so that's another great big loss for the taxpayer. >> the bank of england >> but is the bank of england basically failing the british pubuc basically failing the british public then? because public then? i mean, because this catalogue of this is sort of a catalogue of errors identified errors that you've identified here for here being responsible for recent high inflation, selling off bonds, costing us billions? >> yes. i think the bank has performed extremely badly over most of my adult lifetime . there most of my adult lifetime. there have been little periods when it's got it right . we've had a it's got it right. we've had a few years when it's worked, but it's been these big lurches in policy. it was the qe it's been these big lurches in policy. it was the oe and now the quantitative tightening policy, which is doing all the damage. now it was an extraordinary it's extraordinary policy. it's the kind that latin kind of thing that latin american central banks used to do up with inf
the bank of england is. so that's another great big loss for the taxpayer. >> the bank of england >> but is the bank of england basically failing the british pubuc basically failing the british public then? because public then? i mean, because this catalogue of this is sort of a catalogue of errors identified errors that you've identified here for here being responsible for recent high inflation, selling off bonds, costing us billions? >> yes. i think the bank has performed...
0
0.0
Apr 19, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
bank of england". her publisher, biteback, have promised it will be removed from the e—book version and any future print editions. joining me now is director of public affairs for the board of deputies of britishjews, daniel sugarman. what was your reaction to the comments and the response from liz truss and her publishers? i comments and the response from liz truss and her publishers?— truss and her publishers? i think that when we _ truss and her publishers? i think that when we first _ truss and her publishers? i think that when we first saw _ truss and her publishers? i think that when we first saw the - truss and her publishers? i think. that when we first saw the specific passage in the book and the quotes i think that there was a great deal of surprise at the fact that this could have been included, given that, as you suggested, the quote was not by the founder of the rothschild banking industry, it was written in 1935 by an individual cold gertrude coogan, who was anti—semitic and obsesse
bank of england". her publisher, biteback, have promised it will be removed from the e—book version and any future print editions. joining me now is director of public affairs for the board of deputies of britishjews, daniel sugarman. what was your reaction to the comments and the response from liz truss and her publishers? i comments and the response from liz truss and her publishers?— truss and her publishers? i think that when we _ truss and her publishers? i think that when we...
0
0.0
Apr 15, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
in fact, it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. but it was your actions that led to that spiralling economic mess. well, i don't agree with that. i don't agree with that. but the markets went into turmoil. you had to sack your chancellor. you were gone within a few weeks. what happened was we put forward the mini budget, which was about addressing the economic problems britain had, because the fact is, growth was not high enough, there wasn't enough money coming in to the exchequer. that meant squeezes on public services. you had the bank of england, which was running monetary policy, actively not supporting what the government was doing. do you think andrew bailey, the governor, should be out? well, i don't support his continuation in thejob. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect.
in fact, it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. but it was your actions that led to that spiralling economic mess. well, i don't agree with that. i don't agree with that. but the markets went into turmoil. you had to sack your chancellor. you were gone within a few weeks. what happened was we put forward the mini budget, which was about addressing the economic problems britain had, because the fact is, growth was not high...
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. it earlier, which would have helped stem inflation.— earlier, which would have helped stem inflation. it was your actions which led to _ stem inflation. it was your actions which led to the _ stem inflation. it was your actions which led to the spiralling - stem inflation. it was your actions which led to the spiralling mess. i j which led to the spiralling mess. i don't agree with it. the markets went into turmoil, you slack—jawed sanswer. == went into turmoil, you slack-“awed sanswer. , ., . ~ went into turmoil, you slack-“awed sanswer. -- you sacked your chancellor. _ sanswer. -- you sacked your chancellor. the _ sanswer. -- you sacked your chancellor. the fact - sanswer. -- you sacked your chancellor. the fact is, - sanswer. -- you sacked your. chancellor. the fact is, growth sanswer. -- you sacked your- chancellor. the fact is, growth was not high enough, but wasn't enough money coming into the exchequer, meaning squeeze is. you had the bank of england running monetary p
it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. it earlier, which would have helped stem inflation.— earlier, which would have helped stem inflation. it was your actions which led to _ stem inflation. it was your actions which led to the _ stem inflation. it was your actions which led to the spiralling - stem inflation. it was your actions which led to the spiralling mess. i j which led to the spiralling mess. i don't agree with it....
0
0.0
Apr 17, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
she names the governor of the bank of england, the treasury, the bank of england, the treasury, the office for budget responsibility, the american president is blamed at one point. we even learned that the poor old letters was part of the state —— who are old lettuce. does the premise agree it was the unfunded tax cut, tens of billions of pounds of unfunded tax cuts, that crash the economy and left millions paying more on their mortgages, wasn't it? everyone knows that two years ago i was not afraid to repeatedly warn about what her economic policies would lead to, even if it wasn't what people wanted to hear at the time. mr speaker, iwas what people wanted to hear at the time. mr speaker, i was right... what people wanted to hear at the time. mr speaker, iwas right... i was right then that i am also right now when i say that his economic policies would be a disaster for britain. he would send inflation up, mortgages up, and taxes up and working people would pay the price. appreciate the prime minister having the stomach to say it out loud but everyone knows it is the tory party's obse
she names the governor of the bank of england, the treasury, the bank of england, the treasury, the office for budget responsibility, the american president is blamed at one point. we even learned that the poor old letters was part of the state —— who are old lettuce. does the premise agree it was the unfunded tax cut, tens of billions of pounds of unfunded tax cuts, that crash the economy and left millions paying more on their mortgages, wasn't it? everyone knows that two years ago i was...
0
0.0
Apr 26, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
so how can we take the bank of england and the fed seriously. they don't seem to know what they're doing. >> forecasting is always very difficult especially in respect of the future. but having said that, the bank of england's forecasts haven't always been great. in fact , one of the great. in fact, one of the sharpest criticisms of the central bank by observers has been that they have been consistently a bit too optimistic. they were too optimistic. they were too optimistic about how much inflation would rise and they've been too optimistic. so far about how quickly it will fall. and that means it's one of the reasons why the markets now are only predicting two interest rates cuts, each of only a quarter of a point by the end of this year, again from 5.25% to 4.75. that is still much higher than that period of low interest rates that, as you allude to, we've got used to we've got used to this idea that prices didn't rise very much, that the cost of money, the cost of borrowing was cheap. and of course, the consequence of that was for many, many
so how can we take the bank of england and the fed seriously. they don't seem to know what they're doing. >> forecasting is always very difficult especially in respect of the future. but having said that, the bank of england's forecasts haven't always been great. in fact , one of the great. in fact, one of the sharpest criticisms of the central bank by observers has been that they have been consistently a bit too optimistic. they were too optimistic. they were too optimistic about how...
0
0.0
Apr 30, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
bank of england have made some terrible, terrible decisions. obr have, but they're in the business of forecasting . business of forecasting. >> still, what i really want to ask you is, as a former labour adviser, the labour party is going to get in possibly at an election and if it did, it would then have all this money that it would say we're going to hold the bonds to maturity. we're not going to make tax payers pay £179 billion bingo funds, all their expenditure . their expenditure. >> well, i think that my opinion is, as you said , that, you know, is, as you said, that, you know, you have the european central bank and then you have the swiss national bank as well. and they don't they don't pay all of that. >> that's right. >> that's right. >> they don't they for once, i agree with the european central bank. >> yes. unusual. yes. >> yes. unusual. yes. >> so why is it that in the uk we are not using that money for, you know, schools or hospitals or all of these other problems that we have . that we have. >> but because joe's point is a very
bank of england have made some terrible, terrible decisions. obr have, but they're in the business of forecasting . business of forecasting. >> still, what i really want to ask you is, as a former labour adviser, the labour party is going to get in possibly at an election and if it did, it would then have all this money that it would say we're going to hold the bonds to maturity. we're not going to make tax payers pay £179 billion bingo funds, all their expenditure . their expenditure....
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
and in fact, it was a failure of the bank of england not to put them up earlier, which would have helped stemmed inflation. but it was your actions that led to that spiralling economic mess. well, i don't agree with that. i don't agree with that. but the markets went into turmoil, you had to sack your chancellor, you were gone within a few weeks. what happened was we put forward the mini budget, which was about addressing the economic problems britain had, because the fact is growth was not high enough, there wasn't enough money coming into the exchequer. that meant squeezes on public services. you had the bank of england, which was running monetary policy, actively not supporting what the government was doing. do you think andrew bailey, the governor, should be out? well, i don't... i don't support his continuation in thejob, no. we didn't know we were sitting on a tinderbox. mm, which you set fire to. well, i'm not sure... ijust wonder if it is all sounds like you're looking for somebody else to blame. well, i do believe that... i mean, what i am saying is, yes... it was somebody else'
and in fact, it was a failure of the bank of england not to put them up earlier, which would have helped stemmed inflation. but it was your actions that led to that spiralling economic mess. well, i don't agree with that. i don't agree with that. but the markets went into turmoil, you had to sack your chancellor, you were gone within a few weeks. what happened was we put forward the mini budget, which was about addressing the economic problems britain had, because the fact is growth was not...
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
and in fact it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. but earlier, which would have helped stem inflation.— stem inflation. but it was your actions that — stem inflation. but it was your actions that led _ stem inflation. but it was your actions that led to _ stem inflation. but it was your actions that led to that - stem inflation. but it was your i actions that led to that spiralling economic mess? trio actions that led to that spiralling economic mess?— actions that led to that spiralling economic mess? ., ., �* ., economic mess? no i don't agree with that. the markets _ economic mess? no i don't agree with that. the markets went _ economic mess? no i don't agree with that. the markets went into _ economic mess? no i don't agree with that. the markets went into turmoil, l that. the markets went into turmoil, ou have that. the markets went into turmoil, you have to — that. the markets went into turmoil, you have to sack _ that. the markets went into turmoil, you have to sack your— that. the markets went into
and in fact it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. but earlier, which would have helped stem inflation.— stem inflation. but it was your actions that — stem inflation. but it was your actions that led _ stem inflation. but it was your actions that led to _ stem inflation. but it was your actions that led to that - stem inflation. but it was your i actions that led to that spiralling economic mess? trio actions that led to...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was presented with the new notes. we have come to you with your bank notes. so this, of course, is quite a big moment because we've never changed this often on the banknotes because the queen was the first sovereign to be on the banknotes. so surprised. yeah. mattel has launched the first major redesign of scrabble for 75 yea rs. the classic board game will now be sold with a simpler version printed on its underside, with helper cards, so people can team up and play together. it comes after feedback from some younger players, who said they found the traditional game too difficult. they hope it will reduce the competitive nature of the game. that's
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was presented with the new notes. we have come to you with your bank notes....
0
0.0
Apr 17, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
of england. so, it may wait a bit longer to cut interest rates. economists expect that to happen perhaps at the meeting in june or even august. some in the city say maybe even later, perhaps september, perhaps not till november. and many out there need the relief. council tax especially, it's just gone shooting up. so it is getting more difficult every day, so i don't see any real changes. the most expensive thing is the accommodation and the oil and petrol. when the petrol prices are increasing, everything is increasing. i've not particularly- seen a considerable drop in anything, unfortunately. but hopefully, fingers crossed, things will start to improve. . ready to head to work, but only after sam's forked out much more for car insurance, although filling up costs slightly less than a year ago. but petrol prices could rebound if unrest in the middle east escalates, risking more bumps in the road to lower inflation. it's been tough — not just in this country — and for many, the journey isn'
of england. so, it may wait a bit longer to cut interest rates. economists expect that to happen perhaps at the meeting in june or even august. some in the city say maybe even later, perhaps september, perhaps not till november. and many out there need the relief. council tax especially, it's just gone shooting up. so it is getting more difficult every day, so i don't see any real changes. the most expensive thing is the accommodation and the oil and petrol. when the petrol prices are...
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
in fact, it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. but it was your actions that led to that spiralling economic mess. well, i don't agree with that. i don't agree with that. but the markets went into turmoil. you had to sack your chancellor. you were gone within a few weeks. what happened was we put forward the mini budget, which was about addressing the economic problems britain had, because the fact is, growth was not high enough, there wasn't enough money coming in to the exchequer. that meant squeezes on public services. you had the bank of england, which was running monetary policy, actively not supporting what the government was doing. do you think andrew bailey, the governor, should be out? well, i don't support his continuation in the job. we didn't know we were sitting on a tinderbox. which you set fire to. well... i just wonder if it all sounds like you are looking for somebody else to blame. well, what i am saying is, yes... it was somebody else's fault? well, i'm not saying i'm perfect, nobody�*s perfect.
in fact, it was a failure of the bank of england not to put them up earlier, which would have helped stem inflation. but it was your actions that led to that spiralling economic mess. well, i don't agree with that. i don't agree with that. but the markets went into turmoil. you had to sack your chancellor. you were gone within a few weeks. what happened was we put forward the mini budget, which was about addressing the economic problems britain had, because the fact is, growth was not high...
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
and, you know, the bank england and the obr. the bank of england and the obr. i argue, are i would now argue, are as influential not more influential if not more influential if not more influential than our chancellor of the exchequer. now, if you want to elect richard hughes, chancellor of the exchequer, be my guest. but in the absence of that, should not be that, jeremy hunt should not be hemmed that, jeremy hunt should not be hemmegoing bring out him in >> i'm going to bring out him in on because, you know, look, on this because, you know, look, you're you're the voter. you're the punter, the you're the punter, right? and are heard and you probably are not heard of these people . you do of half of these people. you do you do elect people. you elect them to try get things them to try and get things through parliament. get through parliament. they get those parliament. those things through parliament. you are you assume those things are going and it appears going to happen, and it appears as there's people behind going to happen, and it appears as scenesthere'
and, you know, the bank england and the obr. the bank of england and the obr. i argue, are i would now argue, are as influential not more influential if not more influential if not more influential than our chancellor of the exchequer. now, if you want to elect richard hughes, chancellor of the exchequer, be my guest. but in the absence of that, should not be that, jeremy hunt should not be hemmed that, jeremy hunt should not be hemmegoing bring out him in >> i'm going to bring out him in...
0
0.0
Apr 18, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
sort of groups that i mean, the independent bank england, the independent bank of england, the independent bank of england, the making it the whole idea was making it independent. it would suddenly mean that it was going to have a satisfactory monetary policy. they targets they miss their targets for inflation. after month inflation. month after month after month after month, and no head rolls . and it's damn near head rolls. and it's damn near impossible to get rid of the governor the bank of england, governor of the bank of england, never and difficult never elected and very difficult to depose. i guess. patrick, most of your viewers would not have heard a man called have heard of a man called richard is the head richard hughes. he is the head of for budget of the office for budget responsibility . i hold him no responsibility. i hold him no personal animus, but his job is to tell the chancellor of the exchequer how much fiscal headroom he has. that's to say, how much can you cut tax by? or, you know, how much more spending can you do? essentially you've got richard hughes telling jeremy
sort of groups that i mean, the independent bank england, the independent bank of england, the independent bank of england, the making it the whole idea was making it independent. it would suddenly mean that it was going to have a satisfactory monetary policy. they targets they miss their targets for inflation. after month inflation. month after month after month after month, and no head rolls . and it's damn near head rolls. and it's damn near impossible to get rid of the governor the bank of...
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
at the bank of england, an unelected economist at the bank of england are going to look at these inflation numbers and think, nah, we're not cutting interest rates time soon. rates any time soon. >> what we're going do >> well, what we're going to do now, we're going to now, liam, is we're going to theo chikomba and out and theo chikomba and he's out and about. in edenbridge in about. he's in edenbridge in kent. and tell us why. why you're there and reaction that you're there and reaction that you're getting. theo. good morning. >> i'm outside. the sun's going to be out , did >> i'm outside. the sun's going to be out, did you hear that, theo? sorry i know you're outside. that's fine. we're throwing to you. you're in edenbridge. sorry. i don't think you heard me . i still don't you heard me. i still don't think he's hearing me. no, no, ho. 110. >> no. >> oh , dear. >> oh, dear. >> oh, dear. >> evan, few issues with the transmission there, but we can. we can pick up and have a few more words with liam halligan because we've heard from the chancellor this morning and he's come out predictably
at the bank of england, an unelected economist at the bank of england are going to look at these inflation numbers and think, nah, we're not cutting interest rates time soon. rates any time soon. >> what we're going do >> well, what we're going to do now, we're going to now, liam, is we're going to theo chikomba and out and theo chikomba and he's out and about. in edenbridge in about. he's in edenbridge in kent. and tell us why. why you're there and reaction that you're there and...
0
0.0
Apr 16, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
the bank of england's target. and there'll be lots of claims, lots of cries. oh, the bank of england has to cut interest rates now. and the first time that they're going to meet is on may the 9th. but thing is, even if but the thing is, even if headune but the thing is, even if headline inflation is coming down, martin, if real wages are going up sharply and we haven't even talked about the oil price, which talked about yesterday, which we talked about yesterday, but know, still around but it's, you know, still around $90 a barrel, up from $73 a barrel as recently as mid—january. it's a 25% rise if you have high wages. if you have high oil prices, that's going to make it very difficult for the bank of england to cut interest rates . and a lot of people now rates. and a lot of people now think the first interest rate cut isn't going to come until not so much the end of spring, but mid summer. that's but more mid summer. that's partly of price. partly because of the oil price. it's also because of what's happening in the us. us inflation has just gone back up
the bank of england's target. and there'll be lots of claims, lots of cries. oh, the bank of england has to cut interest rates now. and the first time that they're going to meet is on may the 9th. but thing is, even if but the thing is, even if headune but the thing is, even if headline inflation is coming down, martin, if real wages are going up sharply and we haven't even talked about the oil price, which talked about yesterday, which we talked about yesterday, but know, still around but...
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
the governor of the bank of england has signalled the uk is still on course for an interest rate cut, despite the news. rishi sunak says today's inflation figures are part of a brighter economic picture . picture. >> we've also seen mortgage rates fall, energy bills fall and data this week showed that wages have been rising faster than inflation for nine months in a row now, because of all of that, we've been able to cut people's taxes and £900 tax cut for the average worker and increase the state pension by £900 this month. that all shows that our plan is working. and my simple message would be if we stick to that plan, people can have confidence that there's a brighter future ahead. >> smacking children should be made illegal in england and northern ireland, according to children's doctors. the royal college of paediatrics and child health says the current law in england and northern ireland has created grey areas which mean there's sometimes a defence to physical punishment. their report warns children suffer lasting mental and physical effects from being hit in the home, strikin
the governor of the bank of england has signalled the uk is still on course for an interest rate cut, despite the news. rishi sunak says today's inflation figures are part of a brighter economic picture . picture. >> we've also seen mortgage rates fall, energy bills fall and data this week showed that wages have been rising faster than inflation for nine months in a row now, because of all of that, we've been able to cut people's taxes and £900 tax cut for the average worker and increase...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. here's the moment the king was presented with the banknotes. we have come to present you with your new note. it's interesting, because this is the first time we have changed the suffering on the back notes. her third record that comes out on the 17th of may will have a sustainability plan to minimise our environmental impact, final copies will be pressed on recycled or eco—vinyl, with all the packaging made from recycled materials. a podcast all about the action the music community is taking on climate. it music community is taking on climate. ., , ., music community is taking on climate. . , ., ., . ~ music community is taking on climate. ., ., climate. it has a track record of takin: climate. it has a track record
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. here's the moment the king was presented with the banknotes. we have come to present you with your new note. it's interesting, because this is the...
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
by the bank of england. this mean for announced by the bank of englistreet, this mean for announced by the bank of englistreet, particularly mean for announced by the bank of englistreet, particularly a1ean for announced by the bank of englistreet, particularly a lot1 for high street, particularly a lot of them, as you may be able to see, are just my shoulder. see, are just my right shoulder. there lots of buildings there are lots of buildings along this high street which have now closed, permanent early. but i've been speaking to people here, consumers and business owners, to see what this means for them. >> that average >> i'm not sure that the average person community will person in the community will recognise that as such. >> in print, but >> it's written in print, but what actually means in your what it actually means in your purse? i'm sure. what it actually means in your purjusti'm sure. what it actually means in your purjust being sure. what it actually means in your purjust being across to the >> just being across to the local shops for my, provisions for centre here, and
by the bank of england. this mean for announced by the bank of englistreet, this mean for announced by the bank of englistreet, particularly mean for announced by the bank of englistreet, particularly a1ean for announced by the bank of englistreet, particularly a lot1 for high street, particularly a lot of them, as you may be able to see, are just my shoulder. see, are just my right shoulder. there lots of buildings there are lots of buildings along this high street which have now closed,...
0
0.0
Apr 30, 2024
04/24
by
KQED
tv
eye 0
favorite 0
quote 0
it comes as expectations of the bank of england cutting interest rates are scaled-back. the average rate of a two-year fixed deal is now just over 5.8%. the u.k. government will not take back asylum-seekers who have crossed into ireland until eu-wide asylum rules are changed. last week the irish government announced emergency laws to return a rising number of asylum-seekers crossing from northern ireland. the official spokesperson said it was up to the u.k. to decide who we do and do not accept into the country. your life with bbc news. there are renewed hopes in the cease fire between israel and hamas after weeks of stalemate. it's unclear how many israeli hostages would be released under the proposal. the israeli media puts it at 33 in release -- the white house and u.s. president biden have been speaking with the leaders of qatar and egypt, who have been the mediators. u.s. secretary of state antony blinken, who is in saudi arabia, said he is hopeful hamas will accept what he described as a very generous proposal. >> hamas has before it a proposal that is extraordinar
it comes as expectations of the bank of england cutting interest rates are scaled-back. the average rate of a two-year fixed deal is now just over 5.8%. the u.k. government will not take back asylum-seekers who have crossed into ireland until eu-wide asylum rules are changed. last week the irish government announced emergency laws to return a rising number of asylum-seekers crossing from northern ireland. the official spokesperson said it was up to the u.k. to decide who we do and do not accept...
0
0.0
Apr 10, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go on general distribution injune. here's the moment the king was presented with the new notes. we have come to present you with a banknotes and this is a big moment because the queen was the first someone to be on the banknotes. mattel has launched the first major redesign of scrabble for 75 years. the classic board game will now be sold with a simpler version printed on its underside and with helper cards so people can team up and play together. it comes after feedback from some younger players, who said they found the traditional game too difficult. the hope is that it will reduce the competitive nature of the game. finally this half hour, beyonce has made us music chart history again. # texas... it's after he
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go on general distribution injune. here's the moment the king was presented with the new notes. we have come to present you with a banknotes...
0
0.0
Apr 12, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
has to bank of england, frankly has to catch . and we've had ben catch up. and we've had ben bernanke today, the ex head of the fed in the states, completing of how the completing a review of how the bank of england does its forecasts. frankly, was forecasts. and frankly, he was very rightly, very critical, quite rightly, some of our software appears to be no be somewhat out of date, no doubt probably getting doubt they're probably getting around early parts around to the early, early parts of developments. of microsoft and developments. no time to actually wake this up a bit. need the bank of a bit. we need the bank of england actually on the front foot here with real indicators as to what we can rely on as opposed to a group of individuals sitting around giving a vague idea giving us a vague idea with their air to their fingers in the air as to what's going to happening. what's going to be happening. that's not enough. that's not good enough. >> front foot. >> england on the front foot. that thank you that would be nice. thank y
has to bank of england, frankly has to catch . and we've had ben catch up. and we've had ben bernanke today, the ex head of the fed in the states, completing of how the completing a review of how the bank of england does its forecasts. frankly, was forecasts. and frankly, he was very rightly, very critical, quite rightly, some of our software appears to be no be somewhat out of date, no doubt probably getting doubt they're probably getting around early parts around to the early, early parts of...
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
economists suggest and could push the bank of england but rates in the centre. easyjet announce it will not operate to israel before the end of october. i had already suspended its flights, but said the continued situation means the services not resume until at least the autumn. customers booked to fly are being offered a full refund. you're watching bbc news. in brussels, a big political event opened today — the national conservative conference. ttar speakers included nigel farage, suella braverman, tomorrow victor orban, the prime minister of hungary is expected. but things have not gone according to plan because today police in brussels turned up to shut it down. there are confused accounts of what has happened. police insist they weren't there to stop it, but apparently they did tell registered attendees to leave and refused to permit them to return. the local mayor, emir kir, said public concerns had been raised that some of the attendees hold anti—gay and anti—abortion views. this is the third venue that was supposed to hold this event, after two oth
economists suggest and could push the bank of england but rates in the centre. easyjet announce it will not operate to israel before the end of october. i had already suspended its flights, but said the continued situation means the services not resume until at least the autumn. customers booked to fly are being offered a full refund. you're watching bbc news. in brussels, a big political event opened today — the national conservative conference. ttar speakers included nigel farage, suella...
0
0.0
Apr 15, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
again, we know the bank of england and the government have been desperately trying to bring inflation back down under control because of its involvement in the cost of living crisis and the general squeeze on living standards. higher oil could push at various prices across the economy notjust in terms of petrol at the pump but an input cost to many industries like transport, airlines, manufacturing, food and so much more. that is one of the key risks when we think about inflation trajectory that has been moving down over the last couple of years and the lookout for the uk economy and other economies more broadly. tricky, aood economies more broadly. tricky, good to see _ economies more broadly. tricky, good to see you- _ economies more broadly. tricky, good to see you. victoria - good to see you. victoria scholar from interactive investor. —— victoria. the events in the middle east will focus the minds of central bankers and ministers of finance who are gathering this week in washington dc for the annual imf & world bank spring meetings. the global economy remains in a fragile sta
again, we know the bank of england and the government have been desperately trying to bring inflation back down under control because of its involvement in the cost of living crisis and the general squeeze on living standards. higher oil could push at various prices across the economy notjust in terms of petrol at the pump but an input cost to many industries like transport, airlines, manufacturing, food and so much more. that is one of the key risks when we think about inflation trajectory...
0
0.0
Apr 24, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the bank of england is calling for him to go. this has big financial implications for these universities. it this has big financial implications for these universities.— this has big financial implications for these universities. it does. the thing that's — for these universities. it does. the thing that's been _ for these universities. it does. the thing that's been condemned - for these universities. it does. the thing that's been condemned by i thing that's been condemned by the white houses in anti—semitic incidents that have happened at some demonstrations. there is been very intense and heated debates on university campuses ever since the hamas attack on israel in october. it's been very tense between pro—palestinians and pro—israel groups. we're seeing this demonstrated now by the protests which are spilling over into clashes with the police. there will be questions about how police have handled this. and the way in which they can escalate quite quickly if you go in with a heavy—handed approach. universities th
the bank of england is calling for him to go. this has big financial implications for these universities. it this has big financial implications for these universities.— this has big financial implications for these universities. it does. the thing that's — for these universities. it does. the thing that's been _ for these universities. it does. the thing that's been condemned - for these universities. it does. the thing that's been condemned by i thing that's been condemned by the white...
0
0.0
Apr 2, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
i think the bank of england might look at that when it comes to setting interest rates, which it is going to be looking out over the summer and beyond. you mentioned competition — summer and beyond. you mentioned competition between _ summer and beyond. you mentioned competition between retailers, - summer and beyond. you mentioned competition between retailers, what| competition between retailers, what are the wider pressures on retailers?— are the wider pressures on retailers? , , ., , retailers? pressure remains, the lane retailers? pressure remains, the large retailers — retailers? pressure remains, the large retailers are _ retailers? pressure remains, the large retailers are facing - retailers? pressure remains, the large retailers are facing higherl large retailers are facing higher business rates. the brc also pointing to things like border checks, which are costing them all. but there are wages and that is the heart of it. supermarkets are competing for customers, but they are also competing for staff to try to attract them, to try to retain them. remember, the minimum wage
i think the bank of england might look at that when it comes to setting interest rates, which it is going to be looking out over the summer and beyond. you mentioned competition — summer and beyond. you mentioned competition between _ summer and beyond. you mentioned competition between retailers, - summer and beyond. you mentioned competition between retailers, what| competition between retailers, what are the wider pressures on retailers?— are the wider pressures on retailers? , , ., ,...
0
0.0
Apr 2, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
we start in the uk and some news that may put further pressure on the bank of england to cut interest rates sooner rather than later. shop price inflation has eased to its lowest rate since december 2021, coming in at 1.3 percent in march, down from 2.5 percent in february.
we start in the uk and some news that may put further pressure on the bank of england to cut interest rates sooner rather than later. shop price inflation has eased to its lowest rate since december 2021, coming in at 1.3 percent in march, down from 2.5 percent in february.
0
0.0
Apr 17, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
she blames the governor of the bank of england , the treasury, bank of england, the treasury, the office for budget responsibility and the american president is blamed . at one president is blamed. at one point, we even learn that the poor old lettuce was part of the deep state. does the prime minister agree with me that it's actually much simpler than that? it was the tories unfunded tax cuts , tens of billions of pounds cuts, tens of billions of pounds of unfunded tax cuts that crashed the economy and left millions paying more on their mortgages. wasn't it ? mortgages. wasn't it? >> mr mr speaker, everyone knows that two years ago, i wasn't afraid to repeatedly warn about what her economic policies would lead to, even if it wasn't what people wanted to hear at the time. mr speaker , i was right. time. mr speaker, i was right. i was right then. but i'm also right now when i say that his economic policies would be a disaster for britain, he would send inflation up, mortgages up, and taxes up , send inflation up, mortgages up, and taxes up, and working people would pay the price . this wo
she blames the governor of the bank of england , the treasury, bank of england, the treasury, the office for budget responsibility and the american president is blamed . at one president is blamed. at one point, we even learn that the poor old lettuce was part of the deep state. does the prime minister agree with me that it's actually much simpler than that? it was the tories unfunded tax cuts , tens of billions of pounds cuts, tens of billions of pounds of unfunded tax cuts that crashed the...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governer and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. time for a look at the weather. here's sarah. that picture says it all. yes, we had the moment combined with high spring tides so this is a picture in north—west but a similar story on the south coast of england in hastings, the strong continuing but things should improve because the winds and heavy rain that many of us have got will gradually ease and something a little bit brighter will start working in from the west but for the here and now we have low pressure in charge, that's been bringing the strong winds and heavy rain and it will gradually tear into the north sea through this evening and overnight so already something brighter returning to northern ireland, wales a
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governer and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. time for a look at the weather. here's sarah. that picture says it all. yes, we had the moment combined...
0
0.0
Apr 2, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
we start in the uk, and some news that will put further pressure on the bank of england to cut interest rates sooner rather than later. shop price inflation has eased to its lowest rate since december 2021, coming in at 1.3% in march, down from 2.5% in february. that's according to the latest data from the british retail consortium. the fall has been driven by lower food prices and more competition between supermarkets. here to explain what that all means is harvir dhillon, an economist from the british retail consortium. great to
we start in the uk, and some news that will put further pressure on the bank of england to cut interest rates sooner rather than later. shop price inflation has eased to its lowest rate since december 2021, coming in at 1.3% in march, down from 2.5% in february. that's according to the latest data from the british retail consortium. the fall has been driven by lower food prices and more competition between supermarkets. here to explain what that all means is harvir dhillon, an economist from...
0
0.0
Apr 28, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
especially if like and this is one of my pet peeves, the governor of the bank of england, andrew bailey, and others insist on paying the interest out of one pocket to the other and counting that as real money, and therefore having mr hunt tell us that we're hard up. it's not true. but that's neither here nor there for this discussion. i think a more important figure not to take away from what you said, but a more important figure, is actually the spend as a percentage of gdp . sure, we've percentage of gdp. sure, we've gone from like 39% up to almost 50 during the pandemic. gone from like 39% up to almost 50 during the pandemic . well, 50 during the pandemic. well, that's understandable, but we're at about 44% now, closer to france's 58. the states is 36. >> so we've gone from 39 stabilising at about 44 over a penod stabilising at about 44 over a period of time, spanning the pandemic. why has all this happened? do you think? >> you know, all the reports in all the media that i've read about this, both here and in france? the funny thing is , france? the funny thing is, nobody has said,
especially if like and this is one of my pet peeves, the governor of the bank of england, andrew bailey, and others insist on paying the interest out of one pocket to the other and counting that as real money, and therefore having mr hunt tell us that we're hard up. it's not true. but that's neither here nor there for this discussion. i think a more important figure not to take away from what you said, but a more important figure, is actually the spend as a percentage of gdp . sure, we've...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
they were revealed by the govenor of the bank of england, andrew bailey, and chief cashier, sarahjohn. it's the first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go into circulation injune. you may have heard of the langauge, esperanto, aimed at making international communication easier, with everyone able to speak it, alongside their mother tongue. well, it didn't really take off. but now, thanks to ai, conversing in another language, or as many as you like, has just become a cinch. here's james clayton. the world is more connected than ever. conversations with anyone, anywhere are just a click away. there'sjust one problem — we don't all speak the same language. i really, really wish that i could, but unfortunately i can't speak any other languages fluently other than english. what if i could speak polish? thanks to new ai apps though, i can give at least the impression of being able to speak pretty much any language, this one is called heygen. so i'm going to speak like this. i do a quick video of myself, upload it onto
they were revealed by the govenor of the bank of england, andrew bailey, and chief cashier, sarahjohn. it's the first time there's been a change of monarch on the notes, as the late queen was the first to feature. they'll go into circulation injune. you may have heard of the langauge, esperanto, aimed at making international communication easier, with everyone able to speak it, alongside their mother tongue. well, it didn't really take off. but now, thanks to ai, conversing in another language,...
0
0.0
Apr 16, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
of england , the and the bank of england, the biggest problem here was the problem with the ldis, the liability driven investments , liability driven investments, which she wasn't briefed on. nobodyin which she wasn't briefed on. nobody in the treasury briefed about it. the bank of england knew about this and never said a word. reason we know word. and the reason we know they knew was because their own pension fund had 100% of its investments invested in ldi the summer before. >> just going to interrupt you, could you just explain in layman's terms what these are and why they were so significant , it made a bad , and why it made such a bad impact what she was trying to do? >> yeah, really important. >> yeah, it is really important. it's difficult to explain in a, in a, in a sound bite, but essentially , after the, the essentially, after the, the crash in the early part of the 2000, pension funds weren't allowed to invest in equity in risk, what were considered to be risky investments. so they invested in bonds. and as we know, bonds just gave a very low rate of it's basically like inv
of england , the and the bank of england, the biggest problem here was the problem with the ldis, the liability driven investments , liability driven investments, which she wasn't briefed on. nobodyin which she wasn't briefed on. nobody in the treasury briefed about it. the bank of england knew about this and never said a word. reason we know word. and the reason we know they knew was because their own pension fund had 100% of its investments invested in ldi the summer before. >> just...
0
0.0
Apr 24, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
governor of the bank of england. she has been the president for a few years now but is under immense pressure to do with the scenes you see outside one of the main faculties there in new york. 0ur panel have been standby patiently waiting for us. i mean throw it to you first of all, ivo — what do you make of the politicians weighing in on this? what unique of what we have seen today across the country? i what we have seen today across the count ? ., �* ~' what we have seen today across the count ? ., �* ~ , , ., country? i don't think this is a time where — country? i don't think this is a time where we _ country? i don't think this is a time where we want - country? i don't think this is a time where we want to - country? i don't think this is a time where we want to try - country? i don't think this is a time where we want to try to l country? i don't think this is a - time where we want to try to bring politicians into a very difficult and complicated set of situations. it is her —— are markable only r
governor of the bank of england. she has been the president for a few years now but is under immense pressure to do with the scenes you see outside one of the main faculties there in new york. 0ur panel have been standby patiently waiting for us. i mean throw it to you first of all, ivo — what do you make of the politicians weighing in on this? what unique of what we have seen today across the country? i what we have seen today across the count ? ., �* ~' what we have seen today across the...
0
0.0
Apr 13, 2024
04/24
by
GBN
tv
eye 0
favorite 0
quote 0
the bank of let me the bank of england. let me finish my point. >> let me finish my point directly to inflation. >> and i want to hear that again. >> we supply tight control of the money supply . the money supply. >> isn't that good? that is good. where did you learn that? >> i learnt that on a documentary. could you. >> could you sing it to liz truss? >> well, i will, but, emma, i want to bring you in here because that was the most masterful segue away from. >> yes, well, it shut them up, didn't it? >> i want to ask you, do you the premise of the book ten years to save the west? she talks about economic issues around the world, talking economic issues around the world,other, talking economic issues around the world,other, more talking economic issues around the world,other, more fundamental about other, more fundamental issues. economy issues. not that the economy is not fundamental, know not fundamental, but you know what i you do you what i mean. do you do you worry? i mean, your question to our there was our australian
the bank of let me the bank of england. let me finish my point. >> let me finish my point directly to inflation. >> and i want to hear that again. >> we supply tight control of the money supply . the money supply. >> isn't that good? that is good. where did you learn that? >> i learnt that on a documentary. could you. >> could you sing it to liz truss? >> well, i will, but, emma, i want to bring you in here because that was the most masterful segue away...
0
0.0
Apr 16, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
ia: we did and that is part of it, wages and jobs are quite a big factor index of the bank of england are looking at those interest rates and the labour market are doing pretty important and running pretty hard recently and there's a lot of vacancies out there and not many people to fill them and inflation pushing which demands as well in double digits and people walking into their incident give me a big pay raise and they've had a pretty good case for that we have some signs that it is starting to cool and unemployment and that ticked up in the past three months to 4.2% in february and 3.9% in the previous three months 1.4 million people unemployed over that period and those people classed as economically inactive and by that we mean anyone aged between 60 and 64 who is looking for a job, typically students, carers and never going to get a trend of people long—term sick as well and those employers are struggling to find people with suitable skills and that is starting to drop as well and 6.1% in real terms, the inflation taken into account and which is still outstripping inflation
ia: we did and that is part of it, wages and jobs are quite a big factor index of the bank of england are looking at those interest rates and the labour market are doing pretty important and running pretty hard recently and there's a lot of vacancies out there and not many people to fill them and inflation pushing which demands as well in double digits and people walking into their incident give me a big pay raise and they've had a pretty good case for that we have some signs that it is...
0
0.0
Apr 9, 2024
04/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was provoked presented with the notes. the queen was the first sovereign to be on the banknote.— be on the banknote. that's 'ust about it from i be on the banknote. that's 'ust about it from today's �* be on the banknote. that'sjust i about it from today's programme, do you stay with us here on bbc news, next up is the six o'clock news, we'll have all the latest on the bradford arrest and all the latest from a really fascinating day at the post office and grey. some really telling human evidence. thanks for watching today, hope to see you the same time tomorrow. bye—bye. hello. tuesday was another wet, windy and fairly wild day of weather for
the king has been presented with a new set of banknotes by the bank of england. in a ceremony at buckingham palace, andrew bailey, the bank's governor, and sarahjohn — the chief cashier — explained the new security features, and said this was first time there has been a change of monarch on the notes, as the late queen was the first to feature. they will go on general distribution injune. here's the moment the king was provoked presented with the notes. the queen was the first sovereign to...
69
69
Apr 29, 2024
04/24
by
BBCNEWS
tv
eye 69
favorite 0
quote 0
it comes as expectations of bank of england interest rate cuts are scaled back. the average rate on a two—year fixed deal is nowjust over 5.8%. businesses face new import checks and charges for food and plants the french actor gerard depardieu is being questioned by police in paris over to allegations of sexual assault. he is accused of molesting women in film sets. depardieu, 75, already faces a rape charge as well as allegations of assault from more than a dozen women. we strongly denies all the allegations. —— he strongly denies all the allegations. businesses face new import checks and charges for food and plants from the european union from midnight tonight. it�*s the second phase of a delayed introduction of border controls, although goods from ireland will be exempt for now. here�*s our chief economics correspondent, dharshini david. 7-9-9. it�*s iam, but this flower wholesaler is in full bloom, sorting time—sensitive deliveries destined for florists and hotels. with initial checks on imports set to be minimal, the main concern isn�*t delay
it comes as expectations of bank of england interest rate cuts are scaled back. the average rate on a two—year fixed deal is nowjust over 5.8%. businesses face new import checks and charges for food and plants the french actor gerard depardieu is being questioned by police in paris over to allegations of sexual assault. he is accused of molesting women in film sets. depardieu, 75, already faces a rape charge as well as allegations of assault from more than a dozen women. we strongly denies...