🚨 EMERGENCY: Bank of England Tries to Fix UK Economy

The Bank of England has taken emergency action to try and fix the downward spiral of the UK Economy. Here's what it means (in simple terms).

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[chrispalmer]

Hey guys - I'm experimenting with putting up "less edited" videos to quickly react to news and give a simple explanation of what it means, let me know what you think :) - I'll still have my normal edited weekly video too.

[leighannestephens]

I'd love an explanation video of the gilts. You always put everything so easy to understand.

[oliverhurley]

Just want to say you are THE most underrated UK finance youtuber by far. Not one video you post i dont watch, keep it up Chris your smashing it. Each month you seem to improve more and more, just an appreciation post as have learnt alot from you and enjoy watching your videos

[kennethbowry]

How strange all that money, but no money for the pensioners the UK is in the top ten of countries, however the pensions are only in the top twenty.

[janeknight]

Bitten in the btm by unintended consequences.😕. Some of us oldies that only just managed to hang on to our houses through the interest rate roller coaster that was the 1980’s have never really recovered from the experience. It was the 15% day that lives in the memory.

[malcolmbirkett]

Unfunded tax cuts on top of reversal in national insurance hike plus help with gas & electricity. Someone has to pay !

[lorenzbroll]

... and down the line are cuts in services to finance this disaster by Truss and her trusty sidekick Dr. Krazy.

[MoAbroad]

Just discovered your channel Chris and your content is great. There is so much I am still learning about finance and markets and find your explanation of things very helpful.

Is there any particular videos from your playlist you would suggest for beginner investors like myself? Feeling a little lost in what to invest in right now for the longer term

[lewisholmes]

If the value of the pound has plummeted, what would need to happen for it to get back to where it was and roughly when would that happen? Thank you :)

[petermatthews]

So house prices may finally drop down? "So your saying there's a chance"

[Massivehero]

Enjoying the channel Chris, keep up the fantastic work 👍 what are your thoughts on the up markets? I’m looking to add another company to the dividend portfolio, some attractive prices right now giving a good yield. Do you think the current crisis would affect the dividend payouts? Some companies cut their dividend during covid and I worry that’ll happen again!

[Flowstaterl]

Great video Chris. I love your content, you provide so much value in your videos. All the stocks value of banks have heavily plummited. I am interested in Barclays and Lloyds. Do you think now is the time to buy in? Or should I leave it a little longer until they start recovering?

[ruddthreetrees]

we need to go back to hard money. Lets be honest its not tax cuts, the fact they aren't stealing as much from our earnings isn't the reason. Its the spending and borrowing to spend.