KZhead

Emergency action by Bank of England amid UK economic turmoil

Channel 4 News
2022 ж. 27 Қыр.
517 566 Рет қаралды
Жүктеу

As the economic storm clouds over the UK darkened further still, the Bank of England today staged a dramatic intervention - saying it will start buying up government debt in an effort to stabilise markets and protect pension funds.
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The surging cost of borrowing, sparked last week by the Chancellor's tax-cutting plans, had earlier drawn a stinging rebuke from the IMF - but the government says it's sticking to its guns, although departments will be asked to identify 'spending efficiencies'.
Labour says parliament should be recalled so the prime minister is held to account over the crisis.
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  • Increased losses for portfolios this quarter are predicted by market drops, skyrocketing inflation, a major interest rate hike by the Fed, and rising treasury rates. How can I profit from the volatile market right now? I'm still considering whether to sell my million dollar bond and stock account.

    @donaldwatson51@donaldwatson519 ай бұрын

    • Concentrate on two main goals. To start protecting yourself, learn when to sell stocks to reduce losses and maximize gains. Second, get ready to profit when the market recovers. I suggest having a conversation with a broker or financial advisor.

      @andrewlogan7737@andrewlogan77379 ай бұрын

    • Yes, I've been in touch with a financial analyst ever since I covid. Investing in trending companies is relatively easy today; the trick is determining when to purchase and sell. I started with a $300K reserve that was initially dormant; my adviser decides when to enter and exit my portfolio; since then, I have accumulated over a million dollars.

      @danieljackson87@danieljackson879 ай бұрын

    • @@danieljackson87 Can you leave your investment advisor's contact information here? I absolutely must have one.

      @michaelrenner3@michaelrenner39 ай бұрын

    • @@michaelrenner3 Julie Anne Hoover, whom I discovered on a CNBC interview and contacted, is guiding me. She has since given me entry and exit points for the securities in which I am interested. You can look her up online if you require care supervision.

      @danieljackson87@danieljackson879 ай бұрын

    • @@danieljackson87 Insightful... I was curious after reading what you shared, so I Googled her name. I came across her webpage.

      @mikeharry96@mikeharry969 ай бұрын

  • I didn't know "Putin's war" started on Friday just as the Chancellor started speaking.

    @britishrose9417@britishrose9417 Жыл бұрын

    • 😂👍👍👍

      @PrivateWalker@PrivateWalker Жыл бұрын

    • Well they convinced you to vote for Brexit. Now there is war in Europe and the economy is sunk. They can't admit its because of Brexit. They'll tell you it's the lunar cycle before they admit the truth.

      @irieite9666@irieite9666 Жыл бұрын

    • Putin funded the government and brexit so in a way it is his fault 🙂

      @HuplesCat@HuplesCat Жыл бұрын

    • It has nothing to do with "Putins war" The pathetic enforced lockdowns during the "pandemic" and the hundreds of billions printed by central banks and the Federal reserve (from thin air) caused the inflationary mess we are all facing today. "Putins special operation" have indeed caused a spike in energy prices ( due to the EU and UK sanctions against Russia) so instead of taking full responsibility our politicians lie through their teeth.

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • Good point. I'm across the pond and not a financial whiz, but Ms. Liz's massive turnaround from her campaign days is truly reckless and shameful. As always, the people will suffer the most, while the well-off and rather rich will benefit. Trickle-down has been proven time and again to be to the latter's benefit. It simply doesn't work, and its affects only worsen over time. Everything's more expensive, while wages remain stagnant, yet the US and UK are always on the same idiotic wavelength. We've all seen this movie before. Best of luck, cousin.

      @GladysAlicea@GladysAlicea Жыл бұрын

  • With inflation currently at about 10% coupled with bad energy policy, bad foreign policy, bad regulatory policy , and insane fiscal policy. My primary concern is how to grow my reserve of £300k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings lying waste to inflation and my portfolio losing gains everyday, I need a remedy asap.

    @MatthewVinson@MatthewVinson Жыл бұрын

    • There are loads of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts WITH ISDA Agreement. An agreement that lets investors sit at the “big boy table” and make high level trades not available to amateurs. Trying to be a high stakes trader without an ISDA is like trying to win the Indy 500 riding a llama.

      @IAMBETTERTHANYYOU@IAMBETTERTHANYYOU Жыл бұрын

    • I am sure the idea of a Finiancial Advisęr might sound controversial to a few, but a new study by Motley Fool found out that demand for Finiancial Advisęrs sky-rocketed by over 41% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've raised over £63Ok from an initially stagnant savings of £8Ok all within 16months.

      @Ammo-Hoarder@Ammo-Hoarder Жыл бұрын

    • @@Ammo-Hoarder That's impressive! I could really use the expertise of this advisor, my portfolio has been down bad.Who’s the person guiding you?

      @MIchaelGuzman737@MIchaelGuzman737 Жыл бұрын

    • @@MIchaelGuzman737 Having a Financial Advisęr is key to portfolio growth and securing one's wealth. My advisor is "THERESA MARY CHAMBLEE" You can easily look her up. She has years of financial market experience.

      @Ammo-Hoarder@Ammo-Hoarder Жыл бұрын

    • @@Ammo-Hoarder Thanks for sharing, I just looked her up on the web and I would say she really does have an impressive background on investing. Will write her an email shortly.

      @MIchaelGuzman737@MIchaelGuzman737 Жыл бұрын

  • The party had a choice between finance minister as PM, or foreign minister as PM. They can't possibly be surprised that their economic plan isn't working out when they rejected the finance minister.

    @alanleung1828@alanleung1828 Жыл бұрын

    • In hindsight a terrible decision…

      @Zizzy616@Zizzy616 Жыл бұрын

    • @@Zizzy616 quite a few people warned in foresight too, although I don't think anyone expected her to break everything quite as quick as she has!

      @markwelch3564@markwelch3564 Жыл бұрын

  • JOHNSON: No Prime Minister could possibly be more disastrous and incompetent than me. TRUSS: Hold my tea.

    @Falconlibrary@Falconlibrary Жыл бұрын

    • I said at the time we may genuinely miss boris ... as peverse at it seemed

      @ABC-dw7pe@ABC-dw7pe Жыл бұрын

    • Hold my Panda Pop.

      @coppershark1973@coppershark1973 Жыл бұрын

    • hold my blonde hair rinse

      @roseanncampbell7294@roseanncampbell7294 Жыл бұрын

    • Hahaha 🍵

      @dianebeckett7494@dianebeckett7494 Жыл бұрын

    • Hold my pork markets.

      @grumpy-dad3701@grumpy-dad3701 Жыл бұрын

  • In what other job can you wipe out half a trillion pounds in a weekend and still be in post on Monday, flatly refusing to admit anything happened? These people take us for fools

    @soviet9366@soviet9366 Жыл бұрын

    • In what other job can you be a prosecuted criminal and still rule the country? As long as the UK tramples their own laws and rules with their feet and does not want to bear the consequences nothing will change.

      @wolfgangpreier9160@wolfgangpreier9160 Жыл бұрын

    • well they take the electorate for fools and mind you no one went up to them when they have managed to dislodge 1 Trillion of assets. So why not continuing this path?

      @berndhoffmann7703@berndhoffmann7703 Жыл бұрын

    • Most tory voters are fools..... they repeatedly vote against their own interests

      @SnuggLeona@SnuggLeona Жыл бұрын

    • @bina nocht No, that's lazy thinking. The UK electoral system gives massive political power to the winner, even though they have minority support in the country. The present Tory government only had about 43% of the vote, of a turnout of only 67% of the population.

      @soviet9366@soviet9366 Жыл бұрын

    • Tories are up to their dirty tricks again. They're setting up Britain for a massive Austerity 'Measure.'

      @8088I@8088I Жыл бұрын

  • Times have changed and now stock market is all about pump and dump leaving retailers as bag holders. Bag holders turned to long term investors will still bag hold and stock might go to zero. There is too much news, too many analysts, too many factors, too many firms, insiders influencing the stock price. Retailer money is being sucked. With inflation currently at about 10%, my primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains.

    @oneiljerry9460@oneiljerry9460 Жыл бұрын

    • There are lot of ways to make a killing right now, but such high-volume near impeccable trades can only be carried out by real-time experts with ISDA Agreement. An ISDA agreement; lets investors sit at the “big boys table” and make high level tradess not available to amateurs. Trying to be a high stakes trader without an ISDA is like trying to win the Indy 500 riding a llama.

      @claraclouse9086@claraclouse9086 Жыл бұрын

    • I'm sure the idea of a Invstment-Adviser might sound controversial to a few, but a new study by investopedia found out that demand for Invstment-Managers sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've raised over CAD580k within 18months from an initially stagnant portfoli0 worth CAD150K which was devoid of dividend stocks. These are the high-volume traderss.

      @bobbymainz1160@bobbymainz1160 Жыл бұрын

    • @@bobbymainz1160 That's impressive! I could really use the expertise of this advisor, my portfolio has been down bad.... Who’s the person guiding you?

      @simonfes3770@simonfes3770 Жыл бұрын

    • @@simonfes3770 I am being guided by ''Eileen Ruth Sparks who I found on a CNBC interview where she was featured and reached out to her afterwatds. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

      @bobbymainz1160@bobbymainz1160 Жыл бұрын

    • @@bobbymainz1160 Insightful.. I curiously looked up her name on the internet and I found her site, thanks for sharing.

      @simonfes3770@simonfes3770 Жыл бұрын

  • They're shorting the pound on purpose for their hedgefund paymasters

    @philmitchellboxing8661@philmitchellboxing8661 Жыл бұрын

  • I remember when David Cameron and George Osborne won the election and saying to colleagues they are the worst PM and Chancellor of my lifetime. I felt vindicated by the end of their run in power. Then May and Johnson came along and showed how much worse things could be! Then I made the mistake of thinking no one could be worse than Johnson at running the country! Now I know that as far as the Tories are concerned there are no depths.

    @jujutrini8412@jujutrini8412 Жыл бұрын

    • Please. Stop thinking the worst is past us, you are not doing us any favour.

      @Mistabushi@Mistabushi Жыл бұрын

    • They are all terrible but none compare to Blair. He single handedly destroyed British culture.

      @andresmontana4466@andresmontana4466 Жыл бұрын

    • @@andresmontana4466 Are you a Russian bot?

      @4m4n40@4m4n40 Жыл бұрын

    • @@andresmontana4466 What 'British culture' did Blair destroy?

      @vivo-audio@vivo-audio Жыл бұрын

    • And tories will still get a vote from the torie supporters

      @abdulvallo2471@abdulvallo2471 Жыл бұрын

  • How stupid does he think we are with that “Putin’s war” response?? The war’s been going on for half a year! An awful coincidence that this chaos should have waited until the government announced it’s own surprise special operation..

    @Jonpoo1@Jonpoo1 Жыл бұрын

    • Am completely sick of these stupid Pre-prepared answers did they just keep saying over and over. It makes a complete mockery of the general public

      @XTSu-sl1bb@XTSu-sl1bb Жыл бұрын

    • Woah it’s not just Putin’s war- a lot of the blame for this falls on Remainers. I can’t really elaborate why, but yeah, blame them.

      @FARISM13@FARISM13 Жыл бұрын

    • I think the blame goes to the British people who want a welfare state and a green new deal at the same time, the skill set of the population is being diluted daily by unskilled immigrants you cannot afford to support.

      @alexkalish8288@alexkalish8288 Жыл бұрын

    • The interviewer should just call it out and say “I’m sorry but that’s complete nonsense it doesn’t even make basic logical sense if you can’t take this interview seriously then we will have to end it there.” Sure they’ll lose their job when the government rings their editor 3 seconds later but they’ll have another one shortly when the public start clapping them as they pass by in the street.

      @tomvandersteen5880@tomvandersteen5880 Жыл бұрын

    • Putin's War has actually been going on since around 2013....

      @tobymaltby6036@tobymaltby6036 Жыл бұрын

  • So Sunak understood the risks. If Labour reverse the tax cuts they are back to Sunak’s tax plan. 2 months ago you could not find one person who supported his plan.

    @neilsmith154@neilsmith154 Жыл бұрын

    • The idiots are always louder u know . Sunak didn’t win cuz he is brown

      @neilknightley4703@neilknightley4703 Жыл бұрын

  • Courage taught me: that no matter how bad a crisis gets, any sound investment will eventually pay off.

    @PhilipMurray251@PhilipMurray251 Жыл бұрын

    • Sad thing is the very word millionaire itself may lose its meaning because inflation.

      @Robertgriffinne@Robertgriffinne Жыл бұрын

    • Paycheck to paycheck stimulates the economy more, if everyone saved then jobs would be lost... its not good

      @instinctively_awesome8283@instinctively_awesome8283 Жыл бұрын

    • In order for us to prepare for the future we need to look into safer investment with good prospect . If you have the mindset of investing 5 years ahead and just keep DCA every time you get paid. My portfolio have accrued gains of about $130k under the guidance of my investment -Advisor "Stephanie Priscilla Bonillo" whose skills in portfolio diversification are unmatched and client-centered.

      @marianparker7502@marianparker7502 Жыл бұрын

    • @@marianparker7502 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look, thanks a bunch for sharing this

      @Patriciacraig599@Patriciacraig599 Жыл бұрын

    • Very thin line between courage and idiocy.

      @liamdevine8063@liamdevine8063 Жыл бұрын

  • How this country held dominion over the world is hard to imagine.

    @radec1566@radec1566 Жыл бұрын

    • Empires rise and fall. That’s why.

      @billcipherproductions1789@billcipherproductions1789 Жыл бұрын

    • @@billcipherproductions1789 that they do. Could America be next?

      @seandoyle2983@seandoyle2983 Жыл бұрын

    • You reap what you sow. It is now payback time.

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • @@stevenhull5025 Payback for what?

      @radec1566@radec1566 Жыл бұрын

    • Guns

      @1963pyros@1963pyros Жыл бұрын

  • Rishi Sunak not attending the Conservative party conference to let Liz Truss “have her moment” is a textbook piece of British passive aggressiveness

    @mikethornton2497@mikethornton2497 Жыл бұрын

    • whos laughing now

      @J1122@J1122 Жыл бұрын

    • @@J1122 first prize is prime minister. Second prize is prime minister in recovery mode.

      @Oluinneachain@Oluinneachain Жыл бұрын

    • Should he go and kiss her ... when she is clearly ruining the country??!! Prepare for a labour govt soon. She cannot win ANY election after this performance.

      @Jayantimaharaj@Jayantimaharaj Жыл бұрын

    • ...or cowardice.

      @georgegraham7066@georgegraham7066 Жыл бұрын

    • @@georgegraham7066 did you even see his campaign ? He said all these things multiple times no one heard - now face it

      @user-wq2xu1rn2c@user-wq2xu1rn2c Жыл бұрын

  • I don't understand much about the economy, but something struck me when I heard the new Chancellor delivering his speech on Friday. He said: "But *I am* not going to cut the additional rate of tax today, Mr. Speaker, *I am* going to *abolish it altogether*". Two things raise a red flag here even to a guy who understands nothing about the economy: first, that "abolish it altogether" phraseology sounds ridiculously theatrical to me - not something that really fits the job or the time. But more worrisome for me was the repeated use of "I am", as opposed to "we are". He is not even the head of the government, and yet he sounded like he sees himself as a god. The guy sounded absolutely megalomaniac, to a dangerous degree. Which is even more dangerous now, because I find it difficult to see a guy with such an inflated ego backtracking on a move that really seems to have been a huge mistake.

    @ZiggyMercury@ZiggyMercury Жыл бұрын

  • Since I watched all of Tory leadership hustings between Liz and Rishi, I already expected the current turbulence , because her commitment of tax cut was terribly sorry in the circumstance of current inflation stage. Tax cut causes borrowing by issuing treasury bonds and furthermore induces radical rise of market interest and loss of market confidence.

    @RobertBernardoKim@RobertBernardoKim Жыл бұрын

    • You ain't from Britain!!! So mind your own business 👋👋

      @louloubrow2171@louloubrow2171 Жыл бұрын

    • @@louloubrow2171 what?

      @mainmain5303@mainmain5303 Жыл бұрын

  • Not only will I get a tax break, but the government will buy my bonds at basically any price I want them to pay? Christ, what a day to be upper class in Britain.

    @tazzioboca@tazzioboca Жыл бұрын

    • 😂

      @grahamturner1290@grahamturner1290 Жыл бұрын

    • Wrong. Buying GOVERNMENT bond..not corporate bond. Meaning BOE is buying US Treasury Bills..

      @ssuwandi3240@ssuwandi3240 Жыл бұрын

    • But we are upper-class auld chap. God save the King and all that. The rest of the people are just peasants and you should be serving your betters with a name like that.

      @peterdoyle1591@peterdoyle1591 Жыл бұрын

    • It's good to be RICH!

      @williamkinkade2538@williamkinkade2538 Жыл бұрын

    • Well you should have bought those bonds and unloaded all your pounds for euros just like Kwasi and his friends before announcing the mini budget 😂

      @iChillypepper@iChillypepper Жыл бұрын

  • The contempt these venal, self possessed ideologues have for real life in real Britain is frankly frightening. That the Bank of England is now at loggerheads with the government and is trying it's best to ameliorate Truss and Kwarteng's absurd mini budget is also strikingly confirming of the fact that this government hasn't just lost the plot, they've never been in possession of it at all.

    @hoogmonster@hoogmonster Жыл бұрын

    • Thanks for your input Jordan Peterson.

      @georginaK21@georginaK21 Жыл бұрын

    • this is the pro-EU civil service at work scuppering a pro-brexit govt where were the civil service advisers when kwasi formulated his mini-budget ? "yes minister it will be fine, snigger"...the surprise on kwasi's face says it all, welcome to the backstabbing civil service traitors

      @kwanchan6745@kwanchan6745 Жыл бұрын

    • Every government loses the plot at some point, it’s all proving, yet again to be a big scam. There’s no party and fewer individuals left to trust it seems.

      @kualabear@kualabear Жыл бұрын

    • They’re cutting taxes in an inflationary environment its so dumb. Tories in 2010 had a clue where they successfully cut debt.

      @rohanindra6401@rohanindra6401 Жыл бұрын

    • Well put.

      @andrewhyde4708@andrewhyde4708 Жыл бұрын

  • I know I'm not UK (I'm US), but it seems laws or regulations forcing the pension funds to hold a certain amount of cash beforehand prior to the actual act of investing would have at least softened the blow. This is particularly true if they plan to borrow from banks. Not that the US has better financial regulations to stop this kind of stuff (we still haven't learned from the 2008 Financial Crisis, apparently)

    @filrabat1965@filrabat1965 Жыл бұрын

    • A pension fund or font must not use borrowed money, because they are supposed to create a secure basis for future payouts and need therefore a save and secure strategy over activley managed investement fonts or ETFs.

      @j4v-cyberpunk-music@j4v-cyberpunk-music Жыл бұрын

    • Agreed. I am a UK citizen who avidly watches US affairs. Thank you for taking the same interest in us. 🙂

      @annagettings4675@annagettings4675 Жыл бұрын

    • They used to have to do exactly that. Guess which party did away with that requirement as a part of deregulation, or, as they prefer to call it, “cutting red tape”? If you guessed the Tories, winner winner, chicken dinner!

      @allip4226@allip4226 Жыл бұрын

  • I don't think most people realise how bad things are going to get. The fact is the entire global financial system is slowly collapsing and everything's only going to get worse. If you study history you'll know dying countries/governments/empires always print their way out of it but it NEVER ends well. My advice to you is not to store your wealth in pounds and stock up on essentials like food etc while they're still cheap.

    @JamesScholes@JamesScholes Жыл бұрын

  • So, in this programme, the Tories blamed Putin, the US and the BoE for this. They really must think everyone is as stupid as they are.

    @philipvjones397@philipvjones397 Жыл бұрын

    • And Starmer, somehow. 😏

      @grahamturner1290@grahamturner1290 Жыл бұрын

    • I blame harry and Megan 🤣🤣🤣🤣🤣

      @juliekelly900@juliekelly900 Жыл бұрын

    • Don't forget the unemployed who if they weren't so unskilled would be filling all those vacancies. Lazy idle, stupid bastards.

      @einsteinscat1591@einsteinscat1591 Жыл бұрын

    • They stopped buying CHEAP gas and oil from Putin and blame him for their stupidity, SANCTIONS kick your own back side badly, Putin is happy with his economy

      @MiladyLondon@MiladyLondon Жыл бұрын

    • Government: it wasn't us. It was the aliens from Beta Reticuli. 👽

      @saiyedakhtar3931@saiyedakhtar3931 Жыл бұрын

  • Its very clear. The labour government of 2052 is the problem here.

    @denisdaly1708@denisdaly1708 Жыл бұрын

    • You need a bit of humour, don't you. Kia kaha guys.🤣

      @davidarchibald50@davidarchibald50 Жыл бұрын

    • Corbyn somehow did it. :(

      @margaretwilson8736@margaretwilson8736 Жыл бұрын

    • Or 1952! It`s all that Clement Attlee`s fault!

      @martinmcdonald4207@martinmcdonald4207 Жыл бұрын

    • 😂🤣😂🤣

      @stephanieking4444@stephanieking4444 Жыл бұрын

    • 🤣🤣

      @bennyboy2079@bennyboy2079 Жыл бұрын

  • I CANT EVEN WATCH IT! They all make me sick. Get rid of them all.

    @atlantawilsher3961@atlantawilsher3961 Жыл бұрын

  • And we have the temerity and gall to lecture other nations 😂😢

    @bombast9866@bombast9866 Жыл бұрын

  • The complete lack of accountable is shameful.

    @markcafferkey9230@markcafferkey9230 Жыл бұрын

    • they won't last long, wonder who the next PM will be

      @Mithril_Antimarr@Mithril_Antimarr Жыл бұрын

    • This type of buffoonery is usually only seen in developing countries.

      @bobalot2@bobalot2 Жыл бұрын

    • scripted

      @J1122@J1122 Жыл бұрын

    • @@bobalot2 British exceptionalism 😂

      @Oluinneachain@Oluinneachain Жыл бұрын

    • Its unbelievable how mush bs someone can talk in 3 minutes I love how he is talking about how the banks were at fault This dude was literally talking directly to the bank of england And then basically said people shouldnt get money if they are disabled and should go to work and that they will bring billions of new taxes

      @philipmeisterl@philipmeisterl Жыл бұрын

  • Just goes to show that Rishi Sunak actually knew what he was talking about (at least in comparison with Thicky Trussy). He does after all have experience in the finance world and likely spoke from a certain amount of that experience. That in turn shows us how stupid and disconnected the membership of the Conservative and Unionist Party are that they decided that a complete and utter idiot would be better in the role of Prime Minister.

    @andrewjones-productions@andrewjones-productions Жыл бұрын

    • So it seems, so it seems

      @tanveerhasan2382@tanveerhasan2382 Жыл бұрын

    • Rishi inflated the public spending that was ended up in high inflation. Also he supported a wayyy too long of lockdown and economy shutdown and was seen having booze in midst of it.. are you really blind or just morally incompetent

      @ssuwandi3240@ssuwandi3240 Жыл бұрын

    • Yes but your glossing over the fact that it was a contest between a lady called LIZ or a a guy called RISHI and conservative members voted for Liz frankly I'm shocked

      @mpcg102@mpcg102 Жыл бұрын

    • The tories and diversity are like mixing water and oil.

      @4m4n40@4m4n40 Жыл бұрын

    • @@mpcg102 it was a race vote they didn't want Rishi

      @J1122@J1122 Жыл бұрын

  • Isn't that supposed to be the other way around? Things happen, the Bank gives advice, the government does something? Not, the government causes an unprovoked crisis, the Bank has to intervene to stop the collapse of the economy. The UK has done that twice now, in recent history, 2016 and last Friday. This is not how that's supposed to happen.

    @maartenvandam344@maartenvandam344 Жыл бұрын

  • In two days, Truss and her crew have done more damage than has been done in the pass decade. Even diehard Conservative party members must be able to see thst the current duo in Downing Street blaming their disaster caused by their own ego trip policy on everything going on round the world rather than themselves makes no sense. They chose the wrong leader. Not only has she made a huge mistake in letting this maxi budget through, she is too blind to see, orto arrogant to accept the disaster it has brought about. Where is she hiding now??

    @jennil7797@jennil7797 Жыл бұрын

  • All of this is like being in a car crash but in slow motion - The anxiety is much worse because of the delayed impact.

    @lunaskye621@lunaskye621 Жыл бұрын

    • And everyone in the car except the driver, are saying we need to take evasive action. Driver turns up the radio and accelerates more…..

      @RandomUser25122@RandomUser25122 Жыл бұрын

    • And the worst thing is we're all stuck right in the middle of it, we're their crash test dummies

      @matteightytwo@matteightytwo Жыл бұрын

    • @bina nocht What would you personally do, oh Wise One?

      @jennarose60monroe51@jennarose60monroe51 Жыл бұрын

    • And were crashing into a gas tanker, and were going to get trapped underneath it, and Kwartengs lighting up a cigarette.

      @myleswillis@myleswillis Жыл бұрын

    • @@jennarose60monroe51 Not cut taxes for one.

      @aminulhussain2277@aminulhussain2277 Жыл бұрын

  • And we all thought BOJO was useless. Truss just couldn't wait to prove she was even more incompetent. Then, there are all the Tory minons trying to shift the blame onto others. This is only happening in the UK because Truss has tanked the economy.

    @bl5752@bl5752 Жыл бұрын

    • You're missing the point if you think they are incompetent and do not behave in a concerted attempt to plunder the treasury to enrich themselves.

      @helicoptergunship@helicoptergunship Жыл бұрын

    • No. This is because the ERG and the rest of the Tories ousted Boris for being a liar and not implementing this policy that Truss is now implementing. This was always the plan by the Brexiteers. They said they did not want to listen to experts, because they knew better. And they are trying to prove that they are smarter than the rest of the world.

      @samhartford8677@samhartford8677 Жыл бұрын

    • @@helicoptergunship to be pedantic, I think they're incompetent as well. I genuinely don't think they have the intelligence, capability or experience to sit and work on the problems to be addressed, which require huge work, planning, collaboration and consultation, decisiveness and a strong moral compass and vision for the country. They are definitely incompetent, as well as being corrupt. The civil service should run the country, in other countries they would have a military coup, that's too far for us Brits, a nice sensible civil service coup would suit us fine.

      @philliusphoggwick8299@philliusphoggwick8299 Жыл бұрын

    • Truss, like bojo and the other clowns are just a 'face' for the masses. The real control is the banks and mega corps.

      @leonardgoldberg2879@leonardgoldberg2879 Жыл бұрын

    • It was already tanked you fool. Lockdown did that, but the markets weren't bothered, instead they clamoured for it. This manufactured crisis is down to globalist outrage at the UK taking a different tack than the rest of the world rather than clinging to a policy that has only seen decades of stagnation.

      @DaBIONICLEFan@DaBIONICLEFan Жыл бұрын

  • Remember everyone: Kwasi Kwarteng has been educated at Eton, Cambridge and Harvard 😂

    @danieleyre8913@danieleyre8913 Жыл бұрын

    • That must be the answer then.

      @thailandsnippets901@thailandsnippets901 Жыл бұрын

  • It's funny how they all keep blaming Putin's war in Ukraine but, this has been happening before that.

    @seanbrummfield448@seanbrummfield448 Жыл бұрын

    • What's been happening before the war in Ukraine?

      @lloydnaylor6113@lloydnaylor6113 Жыл бұрын

    • @@lloydnaylor6113 Life's been getting expensive for the Working class everywhere.

      @seanbrummfield448@seanbrummfield448 Жыл бұрын

    • @@seanbrummfield448 worldwide!

      @lloydnaylor6113@lloydnaylor6113 Жыл бұрын

  • Kwarteng is done. Resignation by next week. Truss will be facing a vote of no confidence by Christmas, major U-turns expected.

    @kirishima638@kirishima638 Жыл бұрын

    • "Kamikaze" kwarteng Phd in "Tanking economics"

      @jonsimmons4150@jonsimmons4150 Жыл бұрын

    • Their hubris will prevent the u turn - they will continue to screw us all

      @clareowen2047@clareowen2047 Жыл бұрын

    • He has just begun.

      @helicoptergunship@helicoptergunship Жыл бұрын

    • They did not stop Brexit even if anybody knew it was insane. Why do you think they would stop now? They are ideologues. They know better.

      @samhartford8677@samhartford8677 Жыл бұрын

    • I am with u on this!

      @dy6682@dy6682 Жыл бұрын

  • Looks like Sunak was spot on with his tax cut predictions then

    @Salford_Chap@Salford_Chap Жыл бұрын

    • Ya think?! He wasn't elected because of the colour of his skin 🙄

      @honeysugar1@honeysugar1 Жыл бұрын

    • @@honeysugar1 who knows?!

      @Salford_Chap@Salford_Chap Жыл бұрын

    • @honeysugar1 is right. UK is not ready for a coloured PM. (As a coloured person, my friends and I were amazed he got a decent chance for it, but being a billionaire probably helped a lot 😂)

      @sellisali974@sellisali974 Жыл бұрын

    • @@sellisali974 The colour of a persons skin should not matter the ability to run the country for all the people of that country and not the elite few is what should matter I would have much preferred Rishi Sunak as pm He would have had my vote

      @jocondie2069@jocondie2069 Жыл бұрын

    • @@jocondie2069 say that to the white and old Tory members who voted Truss in. We would not be in this mess it Sunak was elected.

      @sharlwoo@sharlwoo Жыл бұрын

  • The Irish budget was a huge giveaway as well. Expanded health cover, childcare support, energy bill supports, business energy bill support, fodder support for farmers, extra welfare payments. They weren't taking any chances with a grumpy post covid society. Also, Sinn Fein are breathing down their necks.

    @orlaoto5794@orlaoto5794 Жыл бұрын

    • When your neighbours have gone nuts, you don’t have to do anything, just be grateful your not in that house.

      @gingerssmelllikecabbageand8708@gingerssmelllikecabbageand8708 Жыл бұрын

  • Who is that lovable rogue? "That's Rusty" he has matured into such a fine noble minded Gentleman driven in the pursuit of unity, reason, compassion, logic and hope amongst other things....

    @vonhellfinger7540@vonhellfinger7540 Жыл бұрын

  • Love it when a public servant can’t even be bothered to stop and answer a question. Just goes to show how arrogant and rude they are, an absolute disgrace to those they are supposed to be serving!

    @nathcryptoenthusiast8322@nathcryptoenthusiast8322 Жыл бұрын

    • Serving themselves you mean

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • that public servant was briefed beforehand & had a prepared scripted answer.

      @J1122@J1122 Жыл бұрын

    • Please don’t malign public servants with politicians

      @Oluinneachain@Oluinneachain Жыл бұрын

    • The MSM don’t serve the public either. They are propaganda platforms.

      @braxxian@braxxian Жыл бұрын

    • The BB is a private bank...a public servant has no authority over it neither over stock market investors moving their thin-air-printed-no-real-value-backed-virtual-digital money...The only things that matter are the physical commodities that you have and that you can protect....

      @electricaviationchannelvid7863@electricaviationchannelvid7863 Жыл бұрын

  • Rishi: you can't borrow your way out of debt Liz that's not how money and finance works. *Liz: watch me* *Rishi: alright* 🙄 *The pound crumbles* *Rishi: hate to say I told you so but.. I told you so Liz you nincompoop.*

    @Christian988.@Christian988. Жыл бұрын

    • Everyone knew Rishi was tight and genuine - why was he allowed to loose ? Liz said all the good things without any understanding whatsoever and now see where we are

      @user-wq2xu1rn2c@user-wq2xu1rn2c Жыл бұрын

    • @@user-wq2xu1rn2c I swear women only feed misogynistic views.

      @NineSeptims@NineSeptims Жыл бұрын

  • Our country is being run by political children. There really must be a rule introduced that cabinet ministers have relevant qualifications/experience directly relating to the office.

    @ShaunieDale@ShaunieDale Жыл бұрын

  • What part of, you don't borrow money to give the rich tax cuts.

    @damonturnbull5903@damonturnbull5903 Жыл бұрын

  • Only can a politician cost the country billions......let me repeat that.....billions that the taxpayers have to pick up and still be in power.

    @GK-qc5ry@GK-qc5ry Жыл бұрын

    • Half a trillion man

      @ow3jyt548@ow3jyt548 Жыл бұрын

    • And that politician in power wasn't even voted as prime minister of the country by the people

      @skycloud4802@skycloud4802 Жыл бұрын

    • I agree, lockdown was a stupid idea.

      @jsm6136@jsm6136 Жыл бұрын

    • Sounds similar to trump

      @ellenfaulkner7616@ellenfaulkner7616 Жыл бұрын

    • The Royal family have done a similar thing over their lifetime.

      @vivo-audio@vivo-audio Жыл бұрын

  • Why aren't the Tories blaming Corbyn?

    @fuckbankers@fuckbankers Жыл бұрын

    • The Ukraine war is getting the blame now, that's why

      @MrJenklns@MrJenklns Жыл бұрын

    • because they know that if he was PM now, and John McDonnell Chancellor, none of this would be happening.

      @amandahunter4034@amandahunter4034 Жыл бұрын

    • some are blaming the next labour government!

      @gavinreid9184@gavinreid9184 Жыл бұрын

    • Because they’re blaming Starmer. Oh! And remainers.

      @coppershark1973@coppershark1973 Жыл бұрын

    • And the remoaners

      @irieite9666@irieite9666 Жыл бұрын

  • Why does the media always give these dangerous lunatics such an easy ride? The presenters are always so focussed on just getting to the next question on the list that they never bother to call out any of these evil, incompetent individuals on their lies.

    @MrSkippingpig@MrSkippingpig Жыл бұрын

  • It was a panic this morning. The Bank of England saved the day. However, the antigen is still there and Downing Street needs to take back the tax cuts. All this would not have happened if England were still in the EU. But this ship has sailed.

    @titaniumsandwedge@titaniumsandwedge Жыл бұрын

  • She’s only been in power two weeks 😂 thick Liz is completely useless

    @XTSu-sl1bb@XTSu-sl1bb Жыл бұрын

  • Calling The UK An Emerging-Market Is No Longer A Joke The UK’s progression toward emerging-market status is moving so fast

    @MrLoftusjj3@MrLoftusjj3 Жыл бұрын

    • submerging market more like

      @mrhead8175@mrhead8175 Жыл бұрын

    • Sub-Merging market rather. "Emerging" implies an upward trajectory.

      @bond0815@bond0815 Жыл бұрын

    • Crippled market.

      @thebunit6492@thebunit6492 Жыл бұрын

    • Collapsing market

      @kennethlalla1779@kennethlalla1779 Жыл бұрын

    • We've got a chancellor who looks the part!

      @hyrdocomputing@hyrdocomputing Жыл бұрын

  • The British public did not vote for this mess and certainly did not vote for Truss and her ideological madness. Expert after expert are saying this is not something that is down to events abroad yet Tory Minister after Tory Minister are blaming everybody except Truss and Kwarteng. This is an absolute disgrace and Tory back benchers must get a grip on their party by starting with sending in letters of No Confidence on Truss.

    @joebournat@joebournat Жыл бұрын

  • What an effort from John R. to shift the blame to the Bank of England. He is just ridiculous!

    @jdu2613@jdu2613 Жыл бұрын

  • The silence speaks volumes

    @fuckbankers@fuckbankers Жыл бұрын

    • Silence is golden.

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • It definitely says she and Kwarteng are both elitist cowards.

      @GladysAlicea@GladysAlicea Жыл бұрын

    • @@stevenhull5025 All that glitters is silent

      @methanedirigible@methanedirigible Жыл бұрын

  • What is astonishing is she is prime minister due to a small number of blue rinse Tories liked her, she's not an elected prime minister by the people they should ban such changes of prime minister, and have an general election for the people to decide, and I'm a conservative

    @mrjohncharlesbrown@mrjohncharlesbrown Жыл бұрын

    • You spelt satanist wrong.

      @goldenturd1155@goldenturd1155 Жыл бұрын

    • @@goldenturd1155 ahah, good one.

      @klaw7050@klaw7050 Жыл бұрын

    • This is suppose to happen… Lizz just ripped the band aid clean…

      @Kira-ji5pr@Kira-ji5pr Жыл бұрын

    • @@Kira-ji5pr 🤔

      @Oluinneachain@Oluinneachain Жыл бұрын

    • How can they ban changes of prime minister when the people don't ever vote to elect a prime minister! We vote for an MP of a party who then jointly decides who will be prime minister. We don't have a presidency like the US where they vote for the person who'll lead their country.

      @MrSamoDude@MrSamoDude Жыл бұрын

  • WHEN UK'S FORMER COLONIES ARE NOW BETTER PLACES TO LIVE

    @Killajmj@Killajmj Жыл бұрын

  • I remember my dearly departed brother saying British people and government never have contingency plans. It appears to be true.

    @michaelgnit8476@michaelgnit8476 Жыл бұрын

  • Good to see at least Andrew Griffith is prepared to address everyone’s concerns. . . By lying so blatantly I’m actually insulted by the sheer audacity of it.

    @SicAltusIsVulnero@SicAltusIsVulnero Жыл бұрын

  • Did John Redwood just call the British People Lazy again?? The same People that foolishly Voted for the Tories? OR didn't Vote at all, which is as bad. When will Ordinary British People ever learn??

    @georgebrowne5935@georgebrowne5935 Жыл бұрын

    • Never.

      @vipeton.8927@vipeton.8927 Жыл бұрын

  • I don't know much but I can saw one thing...Rishi Sunak's loving this 😄 I imagine he started lining up his short sells on Sterling as soon as he realised Truss was going to win

    @jimmorrison4291@jimmorrison4291 Жыл бұрын

  • To accuse Truss and the tories of being shallow, implies depth! 😒, the only depth is in their pockets! When are we going to be rid of this disastrous party! 🙄

    @beverlyhitchon4901@beverlyhitchon4901 Жыл бұрын

  • It is a deliberate policy to enrich themselves and their paymasters as much as possible in the next 2 years.....

    @leesmith-dennis4141@leesmith-dennis4141 Жыл бұрын

    • truth

      @leeii337@leeii337 Жыл бұрын

    • Except the reality is the government has just made everyone in the UK poorer.

      @edt6488@edt6488 Жыл бұрын

    • Borrow money and ruin whole economy to give money to super-rich cocain-sniffing criminals...

      @noldo3837@noldo3837 Жыл бұрын

    • Always follow the money.

      @jemhoare2105@jemhoare2105 Жыл бұрын

  • Before joining the then common market that matured into the EU the UK had the worst performing economy in Europe just in front of Ireland. Now we are out the EU and after the ridiculous Brexit it looks like we are heading back down there again. During the debate remainders were called scare mongers -re-moaners. 🤣

    @runwiththerunners8152@runwiththerunners8152 Жыл бұрын

    • Now Ireland has one the strongest growths of all economies in Europe 👍🏻

      @RoryMonaghan@RoryMonaghan Жыл бұрын

    • @@RoryMonaghan Exactly and companies are locating there to trade within the EU.

      @runwiththerunners8152@runwiththerunners8152 Жыл бұрын

    • Spain, Italy and Greece are in a worse state than the UK.

      @paulhank7967@paulhank7967 Жыл бұрын

    • This is nothing yo do with brexit. Covid pandemic and the 100s of billions paid out in furlough didn't help. Lockdowns have crippled economies worldwide. Including China, which is still locking down outbreaks.

      @paulhank7967@paulhank7967 Жыл бұрын

    • @@runwiththerunners8152 including some funds like those of Jacob Rees Mogg, the dirty rat. I wonder how much of that fund is in dollars and euros and how much is in pounds.

      @RoryMonaghan@RoryMonaghan Жыл бұрын

  • One Harry Maguire in the national team but a bunch of Harry Maguires in the Government 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️

    @absolutewarrior4253@absolutewarrior4253 Жыл бұрын

  • As an old teacher of mine was fond of saying: ‘in order to understand what is actually happening in politics, you must always ask yourself one question when listening to a politician speak: WHY is this person lying to me?’

    @Oldtanktapper@Oldtanktapper Жыл бұрын

  • The Tories were finished the moment they put Truss anywhere near the PM's office. They deserve to be electorally wiped out. SUPPORT & VOTE UKIP

    @Horizon344@Horizon344 Жыл бұрын

    • Agree but fools will undoubtedly vote for them

      @kennethlalla1779@kennethlalla1779 Жыл бұрын

    • As an ex Lib dem She's doing all she can to get the Tories out

      @MrJenklns@MrJenklns Жыл бұрын

    • The trouble is we will all be wiped out before we have the chance to vote them out.

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • sure they can find someone better

      @Mithril_Antimarr@Mithril_Antimarr Жыл бұрын

    • I prefer flogged.

      @GladysAlicea@GladysAlicea Жыл бұрын

  • Truss + Kami-Kazi have only been in the job a few weeks and they've been a ABSOLUTE DISASTER already.....

    @thecat4272@thecat4272 Жыл бұрын

    • "Kami-Kazi".... brilliant! :-)

      @einsteinscat1591@einsteinscat1591 Жыл бұрын

    • kami-kazi😂😂😂😂😂😂😂😂

      @TheBillaro@TheBillaro Жыл бұрын

    • A few days!

      @martinmcdonald4207@martinmcdonald4207 Жыл бұрын

    • 2 weeks. The minimum amount to use the plural "weeks"

      @buk3695@buk3695 Жыл бұрын

  • So you have a world where you have a recession and the BOE is trying to cool the economy with hikes, and on the other hand you have the Treasury that is trying to shield the economy from that recession and implementing fiscal measures that are inflationary.” for John Redwood fo say Bank of England’s planned sale of 8.9 Billion of the gilts it hold was the primary reason for the problems with gilts prices is ridiculous. The BOE held 895 billion of gilts and the sale of gilts was a tiny proportion of this holding . The fault for the volatility in the market lies with Truss her Chancellor and her cabinets idiotic mini budget.

    @broadleyboy2@broadleyboy2 Жыл бұрын

  • Truss did exactly what the Billionaire class wanted her to do. Job done.

    @StimParavane@StimParavane Жыл бұрын

  • think its a joke smirking as they are walking to the car while everyone suffers . someone needs to shake them all up . its not a game ffs

    @inlaw2outlaws@inlaw2outlaws Жыл бұрын

    • It’s a game for the tories tho

      @Sarfaraz30@Sarfaraz30 Жыл бұрын

    • shake them? why not beat them savagely.

      @TruthTortoise81@TruthTortoise81 Жыл бұрын

  • This is 10 years in the making it wasn't just the mini budget. That was just the removal of the piece in the Jenga

    @rv9497@rv9497 Жыл бұрын

  • Love the mega mini budget humor 😂

    @millionaire3093@millionaire3093 Жыл бұрын

  • The benefit bill isn't the issue nor the solution. Why on earth are we plagued with inept MPs running the UK? We've effectively had hard times since 2008 and very little useful progress. Benefits are a tiny outgoing. Why not stop focusing on house sales to inflate the GDP and invest in actual, for real plans to get the country into shape? Training is a joke in the UK now, access to higher education is out of reach for most and the UK has a massive skills gap, and yet still, we have these jokers piping on about failed programmes. Get with it.

    @timbobill7279@timbobill7279 Жыл бұрын

  • There's nothing quite like a politician. They'll blatantly say the sky is green, if it suits their narrative...

    @IdaiMakayaPublications@IdaiMakayaPublications Жыл бұрын

    • Actually sky is black not blue… if u can call it blue, you can call it green as well😂

      @Kira-ji5pr@Kira-ji5pr Жыл бұрын

    • This is beyond your usual lying Tory. We’re into serious Trump territory now…

      @mikeandrews2782@mikeandrews2782 Жыл бұрын

  • IM 30 YEARS OLD HAVE NEVER VOTED IN MY LIFE BUT IM DAM SURE VOTING #LABOUR NEXT ELECTIONS THIS TORIES PARTY IS AN ABSOLUTE DISGRACE

    @itshim917@itshim917 Жыл бұрын

    • They know they're on the outs so they're being even more corrupt.

      @marlonblade007@marlonblade007 Жыл бұрын

    • Labour which sold off 60% of the nations gold reserves for a pittance. Good luck

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • Stick with this lot then. Great.

      @russelledwards001@russelledwards001 Жыл бұрын

    • @@stevenhull5025 the gold was sold to save the economy. The Tories are collapsing it.

      @b62boom1@b62boom1 Жыл бұрын

    • @@russelledwards001 its because of these types, the country is in turmoil!

      @peacelily723@peacelily723 Жыл бұрын

  • Damn you Corbyn!!😭😂

    @digitaldemii4735@digitaldemii4735 Жыл бұрын

  • The UK economy is the casualty of Truss’s ego who wants her legacy to be known as Thatcher 2.0. Thus she has copied and pasted her policies in a wildly different economic environment just for her legacy. Leaders must have an ideology but obviously apply it according to circumstances. Thatcher worked for her time but they need a new playbook and seem out of ideas. In current environment taxes need to be raised otherwise inflation control will come in the form of painful rate hikes.

    @rohanindra6401@rohanindra6401 Жыл бұрын

  • Reagan economics in a tiny country with no real tangible economic alliances. Madness!

    @michaelkavanagh5947@michaelkavanagh5947 Жыл бұрын

    • The City and Westminster ain all the UK, mate

      @j4v-cyberpunk-music@j4v-cyberpunk-music Жыл бұрын

    • Thatcher economics, the witch still haunts us. This time there is no family silver to pay for it and so deceive the UK public.

      @zekbaker4727@zekbaker4727 Жыл бұрын

    • Haha must have read Janan Ganesh’s column

      @rohanindra6401@rohanindra6401 Жыл бұрын

    • Let me guess you weren't even around then. I was. I bought my first house when Carter was president and paid 16%. I remember when you can only buy gas on odd or even days depending on your plate number. I remember Carter giving a speech that telling us that the United States didn't have enough energy to keep your house warm. Inflation was as high as it is now. And then I lost my good Teamster job at a grocery warehouse because they closed three warehouses and 58 stores in my region of the country. Everybody was unemployed and struggling like they are now. All of It reversed after Reagan got elected and they lowered taxes. Businesses started back up, there was a hiring boom, and interest rates dropped back into a reasonable range. And you could buy gas whenever you wanted at a reasonable price. The problem Britain has right now is trying to recover from a borrowing and spending binge. And yes there will be pain, as any socialist country that is gone broke will tell you

      @rickerhart907@rickerhart907 Жыл бұрын

    • I don't think it's Reagan economics. Britain was the first Nation to combat Covid by using MMT. They monetize the debt without using the gilt market. Now what not being mention about this budget is the spending. You can't cut taxes and spend at the same time. The Mainstream Stream Media are just pointing out the "Tax Cut for the Rich" but. nothing about the large spending parts of the budget.

      @patrickbateman783@patrickbateman783 Жыл бұрын

  • These idiots will blame everyone for their failings, exactly like an abusive and manipulative spouse. Everything is your fault.

    @squirrel9999@squirrel9999 Жыл бұрын

  • This is crazy. How can we have a lower base rate than the US. I am dumb but realise if a particular bank is offering a 2% interest rate and another bank is offering 4% (100% more interest) then I will put my money in the 4% bank. Oh look... That is the same difference as bonds in the UK and the USA. We will have no-one left wanting our bonds unless interest rates go up 2% today. We are screwed if it stays like this. SIMPLES,

    @stevep9221@stevep9221 Жыл бұрын

  • It s the financial institutions who run the world .they are more than capable of breaking any country financially when the huge profit’s they are currently making are slightly / remotely threatened .

    @chrisk1732@chrisk1732 Жыл бұрын

  • I was ready for Rishi. Now I have no idea what I'm ready for.

    @feeblewhip8225@feeblewhip8225 Жыл бұрын

    • LizExit

      @cancel5015@cancel5015 Жыл бұрын

    • @@cancel5015 Truxit 😉

      @stevenreilly3963@stevenreilly3963 Жыл бұрын

    • hope your ready for your rent or mortgage to go up by hundreds of pounds a month.

      @TruthTortoise81@TruthTortoise81 Жыл бұрын

    • Get ready to revolt

      @BezdomniakPL@BezdomniakPL Жыл бұрын

  • They absolutely detest the working class. Once again squeezing those with the least. They love the suffering. A day of reckoning is coming.

    @b62boom1@b62boom1 Жыл бұрын

    • Make it soon before its too late

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • "a day of reckoning is coming" sorry to disappoint you but I've listened to those exact words in the 70s, 80s and for the last 3 years. I don't believe that it's ever going to happen.

      @generalbuttnaked7637@generalbuttnaked7637 Жыл бұрын

    • One solution, Revolution!

      @BezdomniakPL@BezdomniakPL Жыл бұрын

    • We need another bolshevik revolution in the 21st century

      @BezdomniakPL@BezdomniakPL Жыл бұрын

  • Don't understand how these people can still be in power...

    @TheEmmaLucille@TheEmmaLucille Жыл бұрын

  • Pure gaslighting and talking past simple questions with inane diatribes. The way they blanked that reporter is a perfect example of the contempt they have have for the public and any scrutiny.

    @hayzed9491@hayzed9491 Жыл бұрын

    • Absolute froth, yep. Total bull he comes out with. Crazy! UK in deep trouble financially as it was, before last Friday. Now it's toast.

      @huwzebediahthomas9193@huwzebediahthomas9193 Жыл бұрын

  • It's insane that you can commit such obvious corruption and still be leader of the country. Its insane that its a job you essentially can't get sacked from

    @Mikeyc2k6@Mikeyc2k6 Жыл бұрын

    • who said you can't? just gather 300k ppl in london going absolutely bonkers till they fuckin crucify her if she doesnt resign

      @depralexcrimson@depralexcrimson Жыл бұрын

    • She is still looking for the Red-Button...

      @electricaviationchannelvid7863@electricaviationchannelvid7863 Жыл бұрын

  • It’s criminal to keep interest rates so low when inflation is double figures

    @XTSu-sl1bb@XTSu-sl1bb Жыл бұрын

    • They should be at 7%

      @MrJenklns@MrJenklns Жыл бұрын

    • Our economy is a house of cars which can’t handle 5 percent interest rates without total collapse. It’s an economy that’s been addicted to cheap credit for years

      @MrJonnyl123@MrJonnyl123 Жыл бұрын

    • Gotta keep them down due to huge mortgages

      @northwestcoast@northwestcoast Жыл бұрын

    • The country cant cope with tens of thousands of families defaulting on their mortgages and needing social housing

      @Chris-rp9df@Chris-rp9df Жыл бұрын

    • Since when does the housing market control the whole UK economy? If homebuyers were so naive to take out large mortgages not realising interest rates have been kept artificially low they have themselves to blame. Just check interest rate history charts and the average is around 7%.

      @stevenhull5025@stevenhull5025 Жыл бұрын

  • so it's the bank of england's fault. nothing to do with truss or kwarteng. brilliant well done redwood you muppet

    @anthonysullivan3238@anthonysullivan3238 Жыл бұрын

  • Does Liz Truss not have advisors to warn her of what may and has happened by their every step? Thr tqx cut eill help people like her...high earners..but at what cost? Our next few generations have to pay higher tax to repay this debt we have inherited. That is if people have children.

    @lin90210@lin90210 Жыл бұрын

  • The general public are looking at this lot and agree, that these people don't know what they are doing!!

    @frankschlanker@frankschlanker Жыл бұрын

    • Exactly. LOOKING. While they are looking they will freeze to death in their homes, starve to death because their food bills become unaffordable and will be thrown out into the street because their mortgage payments become unaffordable. That is what happens when one becomes a mere spectator.

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • Idiots will continue to vote conservative based on their dogma of all alternatives being worse.

      @aminulhussain2277@aminulhussain2277 Жыл бұрын

    • The general public are stupid

      @valuetraveler2026@valuetraveler2026 Жыл бұрын

    • @@stevenhull5025Exactly! Have you joined ENOUGH IS ENOUGH Steven?

      @frankschlanker@frankschlanker Жыл бұрын

  • Can someone explain why pension funds are borrowing money to buy bonds? Pension funds are not supposed to be like leveraged hedge funds and other alternative asset managers.

    @vmoses1979@vmoses1979 Жыл бұрын

    • They can borrow up to 50% net value.

      @benghiskahn3673@benghiskahn3673 Жыл бұрын

    • thats what i thought! how is even supposed to make sense? surely the interest on the loans is higher than the bond yield or everyone would be doing it!

      @nathansavage8692@nathansavage8692 Жыл бұрын

  • "the markets stopped working, they work perfectly fine telling the UK government that your bonds are junk

    @shakesaspear9084@shakesaspear9084 Жыл бұрын

  • Lol that last guy: the BOE announced it would stop selling bonds for a while. Translation: the BoE is buying all the bonds as fast as it can for as long as necessary, causing hyperinflation in only a couple of months

    @gabrieldomocos7570@gabrieldomocos7570 Жыл бұрын

  • This government has got to go the market has totally lost confidence in the Tory government we need them all removed as soon as possible 🤬

    @kevinhayes7830@kevinhayes7830 Жыл бұрын

    • its not the gov thats the problem, its the market.

      @888ssss@888ssss Жыл бұрын

    • @@888ssss the problem is people like you if you're not a bot 🤔

      @kevinhayes7830@kevinhayes7830 Жыл бұрын

    • ​@@kevinhayes7830 rates will have to be raised or pensions will be fried.

      @888ssss@888ssss Жыл бұрын

  • What a complete disaster

    @sukhdevjohal9053@sukhdevjohal9053 Жыл бұрын

    • basically caused by the electorate and entitlement

      @berndhoffmann7703@berndhoffmann7703 Жыл бұрын

    • Love it🎉🎉

      @devinnlimbu7989@devinnlimbu7989 Жыл бұрын

  • That presenter at the end seems genuinely caught off guard and disappointed by the fact that John Redwood had calm and logical answers to all her hysterical accusations.

    @AdmiralBonetoPick@AdmiralBonetoPick Жыл бұрын

  • "You will own nothing and be happy"

    @mamboa1986@mamboa1986 Жыл бұрын

  • Trickle down economics has never worked. People tried to argue that it worked in America but they always forget federal law is what keeps minimum wage rising. If trickle down economics worked Walmart would be paying their employees a lot more

    @blist8329@blist8329 Жыл бұрын

    • Socialism doesn’t work either look al Latin America. Whats needed is a combination of the two. In the 80s deregulation and privatisation needed to occur but now theres no point of constant tax cuts if debt and inflation is rising. We probably need taxes to increase now, particularly on land.

      @rohanindra6401@rohanindra6401 Жыл бұрын

  • Economic destruction is so widespread, on so many fronts, that it is beyond possibility to be incompetence, it has to be deliberate policy.

    @jamesward5721@jamesward5721 Жыл бұрын

    • It is in revelations. Economic collapse, nation will rise against nation, mens hearts will grow cold, persecution, earthquakes. But don't worry folks we can always blame Putin.

      @stevenhull5025@stevenhull5025 Жыл бұрын

    • Preparation for a fire sale of public services to the private sector.

      @a13xdunlop@a13xdunlop Жыл бұрын

    • Not something to say lightly, but is not the attitude and actions of this right-wing Govt bordering on fascist?

      @antispindr8613@antispindr8613 Жыл бұрын

  • Surely Kwarteng knew this would happen - a lot of his mates in the city (including his ex boss) are making a lot of money betting against the pound. I wouldn't say its incompetence, its corruption.

    @theheadshotstudio9254@theheadshotstudio9254 Жыл бұрын

    • You got it and everyone's in it are at it.

      @omm.12@omm.12 Жыл бұрын

  • Britain is in a different situation compared to most other countries, because a much larger fraction of their workforce (both public and private) have been promised an inflation-indexed pension. For this reason, Britain has to be much more careful about tax cuts, spending, debt and inflation.

    @alanblair88@alanblair88 Жыл бұрын

  • So all in all not a bad first couple of weeks in the job then……

    @simonthomas5367@simonthomas5367 Жыл бұрын

  • When I think about my previous english neighbours who, for 15 years, never ceased to tell me how everything was so much better in England compared to France where they were currently living at the time - just for the weather and to obey a mundane dream of the british middle class... me now, if I were of their likes 🤣😜

    @alkante2962@alkante2962 Жыл бұрын

    • This was written poorly.

      @KazeHorse@KazeHorse Жыл бұрын

    • Wait for the Euro collapse

      @valuetraveler2026@valuetraveler2026 Жыл бұрын

    • @@KazeHorse peut-être voudriez-vous répondre en français?

      @Oluinneachain@Oluinneachain Жыл бұрын

    • @@KazeHorse made me laugh all the same 😂😂

      @luisrodrigues1630@luisrodrigues1630 Жыл бұрын

    • c'est mal écrit

      @haggis5803@haggis5803 Жыл бұрын

  • Thanks Channel 4!

    @lloydjones7925@lloydjones7925 Жыл бұрын

  • Rishi sunak was right about tax relaxation 🙏

    @gauravkashyap1957@gauravkashyap1957 Жыл бұрын
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