"We're In A Very Dangerous Position" | BoE Holds Interest Rates Amid Rachel Reeves Budget Fallout

[@sheenailes1966]

They should not be allowed to cancel any elections

[@Mike-vd7ee]

Like 30s germany..these are Fascists

[@Zoro007]

It's going to bite them hard on the arse if they do..... they're a dying political party in this country...... Merry Christmas and a Happy New Recession....👍👍👍👍👍👍👍

[@TrudyMoore-i4e]

Cancelling the May election will be another nail in Starmers coffin.

[@kevinstewart584]

Let them cancel.They are done for .

[@jasoncooper1728]

@@sheenailes1966 who told you GB news 🤣🤣🤣

[@BrianWilcox-p9s]

Rachel reeves get this horrible woman out now.

[@stumac869]

All farmers need do is block food supplies to London because that's where the problem lies. The rest of the country is on side.

[@Starskream180]

Yes 🙌

[@ukljc]

Thanks Reform for getting the Manchester Airport duo their day in court

[@RichardBates-wd3if]

When is this then?

[@Royboy50]

@@RichardBates-wd3ifI would bet it will probably be on jan 20thats the cover up bad news day

[@paulchambers6537]

​@Royboy50 Yeah .There trying to cover up when Trump gets in power.

[@RichardBates-wd3if]

@Royboy50 Yes they will be busy digging holes on Jan 20

[@louisebrown4622]

Starmer is a total doom loop

[@northnsouth6813]

I remember when Mandelson was forced to resign this post after only five months when he was discovered to have accepted (and failed to declare) an Interest-free loan of £33,300 from Geoffrey Robinson who was also under scrutiny by Mandelson’s Trade and Industry Department due to dubious business dealings.

[@andrewdavies8954]

Mandelson , give me a break , the mans a nightmare .

[@robertadams1054]

Monies from Russia, comes to mind.?

[@lasttango7522]

They called him the dark lord.

[@richardmack1194]

I can’t say what I would like to about mandelson as I don’t want to get sued.

[@robertadams1054]

@ Yes, it seems Freedom Of Speech has gone out of the window with this despicable Government.

[@user-yl1xy5eg7b]

Best of a bad bunch.

[@stevenandrew8140]

Reform

[@ThePurplelydia]

Starmer MUST GO!

[@purdi-ur3np]

KARMA is coming Starmer 😂😂

[@jodargoofmaztica5071]

Let's hope Karma and Zeus have a team up. ⚡

[@elizabagshawactress]

Hope so

[@user-yl1xy5eg7b]

Starma chameleon.

[@Zoro007]

It twas the night before Christmas And all through the house We were freezing and hungry So we ate the mouse Merry Christmas and a Happy New Recession.....👍👍👍👍👍👍👍👍

[@Royboy50]

@@Zoro007 did you barbecue the mouse as it’s cheaper than putting the oven on

[@Zoro007]

We borrowed the next door neighbours candle....thanks for asking....👍👍👍👍👍👍😄😄😄😄😄😄!!!!!!!!!!!

[@Royboy50]

@ 😂😂🤣

[@MisterstereoOso]

Trump cares NOT whether Mandelson has the ear of Kier Starmer, utter poppycock !

[@peterwait641]

Trump should refuse Mandelson !

[@stuartjames222]

This deplorable excuse for chancellor should be made to, resign, give a formal apology and then prosecuted along with Starmer for derelict of duty and care and treason 😡😡😡😡. 🇬🇧🇬🇧🇬🇧🇬🇧

[@stuartswain8785]

Mandleson was called the "Prince of Darkness" and the inventor of "SPIN" God help us.

[@onlyme8117]

Mandy effing mandelson, is this a joke, i hope Donald tells everyone to have nothing to do with this thing.

[@louisebrown4622]

Mandy will get nothing off the Donald

[@robertadams1054]

Spot on.

[@seewhatifound]

Should have given the job to Boris, he gets on well with Trump

[@onlyme8117]

@@seewhatifound Boris is too untrustworthy. Telling lies and sniffing around the first lady will not end well.

[@seewhatifound]

@@onlyme8117 It would be fun to see it play out though and deliver more for UK than any Labour politician

[@andrewkeeling9935]

Starmlin and Thieves resign!!!!

[@MikeSmith-gf4lv]

What about those excepting donations from GEORGE SOROS?

[@davidfisher7541]

If starmer wants to go back in the EU ,we have to vote again and I think he will lose again

[@paulchambers6537]

It will be a bigger vote for out of the EU big time.

[@MickEvans-g3r]

If starmer wants to go back to the E U I'll pay his ferry fare as long as he doesn't come back

[@andrearoyd2942]

Who in the real world believes that Rachel Thieve wrote the budget, read it, but wrote it, get real. Oh. and Peter Mandleson is back - ROFL so who's next up to the gravy train, again.

[@chrismeredith8995]

Animal farm abolute hand book.

[@jodargoofmaztica5071]

With added 1984 🙁

[@margaretmacmurray658]

All labour fault, it's the worst state I've ever seen this county in , while the government has a nice life on the tax payer.

[@robwellings1608]

Like the 1970s when the imf were called in to bail out another failed liebour government

[@jasoncooper1728]

😂😂😂 who' was in power for 14 years muppet

[@paulhill2012]

@@jasoncooper1728 A different hopeless bunch, who left the UK the most taxed nation since WW2, but an economy that was improving vs comparable EU economies that have tanked. Labour have scuppered any improvement in the UK recovery by introducing even more taxes. The two party system is working to destroy Britain.

[@MariaHopwood]

So What does it have to do with it She is a liar does not know what she is doing😂😂😭😱

[@hsthatzo8063]

@@jasoncooper1728Middle aged jason is here to explain to the young what a real man is🤣🤣

[@christopher554]

Vote reform 🎉

[@jodargoofmaztica5071]

Least bad option.

[@Mike-vd7ee]

Just joined...

[@teryd5672n]

Just joined as well.

[@Mike-vd7ee]

Cmon..Farage deserves our support..hes stuck his neck out for the people who love this country and took flack from people that hate it..cmon people support him..💪

[@starsailor49]

I already did. And WILL do so again.

[@chigeryelam4061]

Remember they're 'fixing the foundations' 🤨

[@dogstar-l8e]

Yeah, on a bloody fault line!

[@nealhill5386]

It's all a massive fix

[@madkillermiller]

So much for your FREE SPEECH! Why disable comments on the Manchester Airport video?

[@jodargoofmaztica5071]

Probably to stop people getting arrested for contempt of court.

[@fortune-614]

Mandleson is Starmer's attempt to neutralize Farage. He'll fail, but Starmer is now desperate.

[@robertwebster7040]

How can installing an arch europhile in this important role be the right move.? Can’t see this ending well.

[@nikkihamilton4374]

So we have a bonking-shop and not a government! Terrifying!

[@ncfcpaul8761]

It all feels a bit 1970's... Can't help but think a crash is on the way somewhere from this Labour government.

[@louisebrown4622]

Your intuition is spot on.

[@cbr6001962]

Hopefully

[@mart34]

For sure, it'll start with power cuts due to Ed Millibands student union activist energy policy, which will trigger a debt crises. Only positive is Labour will be gone forever.

[@jabaah]

@@cbr6001962 bro i get that u understand how to take advantage of a fire sale in the markets but people lose houses jobs and starve die for no fault of there own when recession and depressions happen just remeber that when your balling

[@mosheridan7016]

Its a deliberate crash too imagine that.

[@barrywood7322]

Is he the only one they can find in the Labour Party who never slagged off President Trump.

[@greyvoice7949]

Nah , he hated Trump... And slagged him off... 'Danger to the world' was one quote...

[@barrywood7322]

@@greyvoice7949I knew they couldn’t find anyone.

[@mickfoskett6629]

He slagged him off I'm 2019🙄🏴󠁧󠁢󠁥󠁮󠁧󠁿🇬🇧

[@garylee-pl9dl]

If,[big one] we were £22billion in the crap can Labour explain the whopping pay rises for Train drivers and junior doctors ? [And that's not the end of the give away]

[@hughmuir3063]

Why tax our farmers with inheritance tax and then give the equal amount away to African farmers. That is how much he cares for our country and the indigenous people within it.

[@Royboy50]

No they can’t justify anything they’ve done apart from blame the tories,

[@greyvoice7949]

Because the giveaways were far more than the pretend hidden deficit... Not to mention everything they then piled on top of that... Small government and scrapping Net Zero would save vastly more than £20 billion , in fact a well managed government with decent policies would make the UK grow at a ballistic rate... We would also see our wealth rise at an astronomical rate instead of putting more money in the pockets of the rich and corrupt!

[@advocate1563]

SME biz owners have put off redundancies until January. Q1 will show the real impact of Reeves's budget and it won't be pretty.

[@pauljones-hj8rg]

The pensioners have children and grandchildren, and they will never forget what labour have done to their parents.

[@alexdewar6584]

We're in a very dangerous position when your Chancellor thinks they can create growth by raising taxes.

[@markbriggs6786]

Only one word sums this Labour lot up and it’s Recession

[@hughmuir3063]

Always good seeing Monty. He is a gem.

[@StockTradingDiaries]

its not a doom loop its a death spiral

[@jamie1341]

Mandelson is dreadful choice as an ambassador for goodness sake, he had to step down twice as a minister after two scandals.

[@DBZ5371]

Remember Rachel from Complaints started her Budget speech promising ‘ Financial Stability , More £££’s in pockets, An economy growing creating opportunity for all to improve living standards’ How’s that working out, Rachel ?

[@mm3nrx]

Old 'new' LIEBORE are back in power...told ya!

[@jameskirk578]

Oh great, a new queen for such an important role in America. What could possibly go wrong...

[@robertadams1054]

And his Brazilian Partner. ?

[@Royboy50]

I bet mr trump can’t wait to get this mincer in a meeting

[@jaghook]

Because things under this government are so bad, and getting worse, there is only one conclusion, this party, and this pm is, or are working against the British people under orders from a foriegn entity. As was sunak and the higher people in his party. Treachery does not have a punishment any more in this country and that law should be brought back immediately. Then all this would stop. I am convinced of it.

[@jodargoofmaztica5071]

I agree in theory. I just don't have any faith in the judiciary. 'Who watches the watchmen?'

[@dogstar-l8e]

​@@jodargoofmaztica5071Ah a fellow Pratchet fan! Never a truer word spoken

[@jongarratt5383]

Mandelson..... Proof positive that BLiar is running the show on behalf of the WEF

[@butlerpa100]

It’s a disastrous position. Unemployment growing, the only thing that is. Labour is ridiculous

[@robbeales5516]

We are run by amateurs

[@ukljc]

Beetlejuice, Beetlejuice, Beetlejuice

[@stickyweasel8837]

🤣🤣🤣 that's what I thought straight away....

[@louisebrown4622]

Mandy is not what I would call diplomatic

[@hughmuir3063]

Is that his weekend name ?!

[@jodargoofmaztica5071]

Trump will ignore him anyway. 🤣

[@philipanderson9434]

This man talks a language I can understand. Nice interview and the guest had lots of uninterrupted talking space. ❤

[@elizabagshawactress]

The Labour Party rocketed Starmer to leader, they must have known he had no experience in politics and business and they’ve allowed him to take the top job

[@patricktracey7424]

Mandy useful that's like employing a labourer as a tenured professor of physics. Or putting forward Rayner as a Nobel prize contender for services to English literature.

[@Nedxr777]

Interest rates need raising not dropping !

[@JamesLWilliams-k9x]

Helps us savers bring it on 👍

[@duquali1]

For me, it’s always down to trust. And Mandlesom isn’t trustworthy.

[@JRMillican]

He is in good company with the rest of them

[@RakEmet]

Labour's economics will lead to a sovereign debt crisis.

[@elizabagshawactress]

Starmer doesn’t keep promises!

[@gailnevill286]

Starmer should go himself

[@JRMillican]

The rest are even worse

[@stevebreedon62]

2TK and his 6th form idealogical party.

[@jeffsimon9594]

They are like rabbits in the headlights, never expected to be tipped into office by default like that.

[@ROSEMARYHEATHER-m7h]

DEFENDING A KNOWN POLITICAL PDO!!! HOW, CAN YOU DO THAT.??

[@stanthesteelguitarman8228]

The Liz Truss premiership was an instant blowout to the economy. This Starmer premiership seems to me to be merely a slow puncture - but just as damaging long term.

[@michaelbailey2476]

Truss wasnt given time. It was snuffed out because they feared it might succeed long term.

[@stanthesteelguitarman8228]

You seem to forget that the pound plunged to $1.03 to the £ immediately following the budget in the Truss premiership and the Bank of England had to pump money in to stop any further falls. Sunak managed to get the £ back up again to around $1.28 and it is now around $1.25 - not yet a disaster. Had Truss stayed in power, mortgage rates would probably be over 10% today!! Ask any competent economist, if you don't believe me.@@michaelbailey2476

[@CL-he4jz]

​@@michaelbailey2476 B of E sold bonds on the eve of LT budget.

[@stevebreedon62]

Truss was shafted by the machine.

[@christophermonahan8571]

The lettuce won with plenty to spare

[@glennkings566]

Has anyone complained about the influence George S. has donated to Labor?

[@jimbo-yv5jh]

Don't worry comrades the adults are in charge now.

[@LeeBurbidge]

Keir Stalin’s hubris is beyond mathematical comprehension

[@woolmer608]

Don’t trust Starmer and don’t trust Mandleson.

[@m0o0n0i0r]

the BOEs mandate is to be independant and not talk poltics. If anything they should have raised rates yesterday. Who runs the country, elected officials or unelected bureaucrats? if the BOE is getting involved we need to put the BOE back under political control. They already helped oust a PM in Liz Truss.

[@Lee.Willcox]

At least I saw it coming and invested in stocks at a fairly high interest guaranteed rate. ISA and other such TAX free lump sums. ISA at the bottom of my list but I do have two. One in my name and one in my wife's. My money is not in the banks, some of the daily amount is but the rest is way and far away from this government and the high street banks.

[@bbuzz1687]

Yep

[@paulhill2012]

Under bad governments, Don't Stocks fail too,?

[@Lee.Willcox]

@@paulhill2012 They most definitely do, so look further afield.

[@philipclemoes9458]

Tim is almost giving me optimism about this dreadful Labour government and PM. Hope he is correct.

[@kevinmoore7255]

What a disaster!

[@MiltonMoJunction]

I can't believe you are having a go at poor rachel, she is an economist don't you know, it says so 'at the moment' on her cv.

[@juliehall7476]

Private sector make money for the country, public sector drain the country of money. Even I can work that out.

[@user-yl1xy5eg7b]

Politicians tend to have gone from school to yooni, to public sector, to politics. They lack knowledge, experience and insight

[@juliehall7476]

@ so true, but it’s not rocket science mate!

[@jeffsimon9594]

Labour are like rabbits caught in the headlights, they clearly never quite expected to be tipped into power by default in that bizarre way.

[@ricl7413]

Starmer and labour are the u turn champions. I am surprised they know which way they are facing anymore…..

[@sarahandrews5611]

I am old enough to remember the winter of discontent in 1972, we had power cuts, rubbish wasn't collected. Are hurtling towards this; buy in your candles torches, powered milk, food to last. Maybe some dash if there is a cyber attack that actually messes up our systems. I am ready, are you?

[@simplesimon5739]

You keep reporting as if this budget was a mistake. I think they're getting their desired outcome.

[@andrewbarrett2685]

Rachel from complaints has done a liz truss..are the words out of her depth suitable.

[@Private_NE_Man]

People are truly uninformed

[@Michelle-c2r4e]

i'm happy for food shortages for a while. They should not give in.

[@paulchambers6537]

I agree

[@mindfulmw]

Rachel from accounts and her budget of doom- song anyone?

[@Littlegreenman21]

Starmer is a Davos man not Westminster including Labour! They need to wake up who they have at their helm. If Labour want to survive they know what to do. Front bench out. I’m sure there are far better candidates for Labour leadership.

[@fredjames9867]

Always money for war just no for you

[@PeterHolman-xt4fb]

The lego haired Rachel Reeves! What a great pick for consigning Labour to unelectable history.

[@nikkihamilton4374]

Trump will make mince of this mincing ambassador!

[@alandraper7901]

Labour paying all the public sectors' pay claims was an equal disaster. That also adds an additional requirement of tax from the private sector.

[@janelester6477]

I agree with Tim. Only because mandelson is about the best we can offer. And I never thought I would say that

[@grahamrichards3483]

Why don't Starmer resign and move to Europe

[@StephenCrossland-im6wx]

Yes along with the illegal immigrants, 2 million of them, along with others who think the EU is heaven on earth. Peas off as a Spaniard might say.

[@seewhatifound]

So far in their 6 months they have increased inflation by 13% months on month at 2.6% pa annually, interest rates on government bonds up to a near record high from being much lower, unemployment up even though the 22000 job losses in a month didn't affect the headline figure wiping out at a stroke Millibands fanciful jobs he is supposed to be creating, growth down, growth projections lower. How long before the tumbleweed starts blowing across the nation?

[@mindfulmw]

Let's start by declaring all the foreign donations that the 2 main parties received for the last election. Starmer trying to move the goal posts won't make any difference in the long term as his goose is cooked already.

[@davidcampbell7209]

If I was going to pay for a trolley full of goods and Reeves was on a checkout I would go to another one staffed by a person with a brain.

[@MegaRugster]

Bring on the food shortages.. I need to diet.

[@patricktracey7424]

Labour pumped lots of public cash into the most useless undeserving job in the public sector Train drivers, rarely running on time, 4 day week with family and friends free rail travel for working a single lever forward and back, a job a monkey could do and probably better and cheaper. at least junior doctors kind of deserve it, however they are the doctor apprentices badly paid for long hours but they definitely make that up massively later in there careers as they progress up the doctor hierarchy. perhaps they could give pensioners free train travel then they could go on long journeys for a heat.

[@macfaichen2658]

Winter fuel… Starmer is hoping that the ppl and charities will sort oap’s out…

[@mattanderson6672]

Defund the government stop paying tax They can't put us all in prison Labour are evil, Starmer is a traitor God bless Elon Musk I support militant action by the farmers Fantastic discussion Excellent analysis Tim Thank you Sir Well said!! I always love listening to you Akex Thank you both Love Talk TV!! Great show!!

[@kirkwhitfield5257]

reeves is like asking a baker to fix a car she hasnt a clue what shes doing

[@johnnyhock]

He sounds pissed….. Slurred stumbling speech

[@jongarratt5383]

Friday before Christmas he's probably just had his Christmas party

[@terryluckhurst4114]

The current economic stagnation created Labour is just the tip of the auterity iceberg in 2025, with increasing umeployment will mean less income tax for the Treasury as a starter increased by consequental negative fallouts.

[@bliyp]

They have no idea how taxing employers will work out on the ground some one I know runs small business employes he staff direct pays them holiday pay etc he now says he will phase them out and use subcontractors other wise his business will fold

[@georgeharrison5362]

Merry Depression and a Crappy New Year 2025, 2026, 2027...

[@johngreen6191]

Trump will be impressed.

[@jabaah]

we have to hold the rate cut cpi come up month over month and the fedral resurve indicated a hold if we are to keep the streangth of the pound we need to hold

[@kimjong-un464]

Why did you turn off the comments on the video before this about the2 man getting charged for hitting the police man at manchester airport???

[@WillCamx]

Why have you turned off comments on the Manchester airport story? I thought you believed in free speech.

[@DBZ5371]

Now they’re charged, the channel doesn’t want to be in contempt of court as per the other case

[@Rokugatsu-6]

@@DBZ5371you are not allowing by law to discuss an ongoing case, otherwise it’s contempt of court and you can be arrested. So I think they are being very careful as they should.

[@DBZ5371]

@Rokugatsu-6 that’s what I said 🤷‍♂️

[@DPKingdom-m7g]

The only way forward for Britain is to leave the ECHR..conservative ,reform,it doesn't matter while were tied down with a 50 ton anchor

[@robinburn4974]

Can we complain to customer relations?

[@nathanthomas2343]

Reform ❤