Bank of England to raise interest rates as UK inflation heads for 10% | International News | WION

Bank of England will raise interest rates again as UK inflation heads for double digits. While UK forecast to be the weakest economy in 2023 among the rich nations, investors predict a quarter-point rate hike by the Bank.

#uk #inflation #worldnews

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[kamidkarma]

if they saying its 10% in public it might be over 14% by now in reality!

[misterpositive]

Realistically, factoring in frozen salary, increased taxation, and rising living costs, I'd say about 20-25%

[hawkkim]

10%? Egg price alone went up by 25%. Gas price by 30%!

[rogerburn]

The inflation in UK is a lot more than 10 % the government CPI doesn't include energy prices. Prices of petrol and diesel are around 2 UK pounds in the petrol station. Inflation is around 15 % . Maybe more 😄😄😄

[HolisticHealthEducation]

Well, Britain wanted it and now they have it. Success! 💪🏻👊🏻👍🏻

[Milashka-heqc]

I enjoy watchig this. Just like Putin warned it would be. Love or hate him, but seems he was right and never was a dumb leader. Sanctions hit more EU than Russia. I'm eatting snacks too watching this with a large grin on my face. EU never learns, doesn't it? LOL

[df]

If Boris took care of his citizens instead of worrying about Ukraine. Uk would not be in this position. Poor decision have direr consequences. Kick Boris out

[Desiforu]

Even though their inflation goes 10 above these Western credit rating agencies won't downgrade their ratings but they do very bias to India and other countries. " Poor Standards"

[isabellef.]

Nice content! Few years back i was assistant to a wealthy pen artist and within the short period i worked with him i observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this i learned that the rich stay rich by investing.

[freewilly]

The rich nations can afford to pay for it.

[xxoo-lpvc]

UK don't allow other country to withdraw their gold saving and also not allow to audit their gold saving? Still credible?

[Star-xxzr]

Meanwhile the russian central bank cut interest rate yet again. Tell us more how russia is losing

[albertomariano]

It is normal that the British became poor as a number one slave of American Imperialist.

[ramonng]

Who signed up for this, to show support for UKRAINE, and the me!

And you are not laughing now, either, are you...?

[指鹿为马-sh]

Has the $45 trillion looted from India been exhausted?

[isankerry]

How about giving up rulership of the world and letting someone else try?

[ravin]

But UK wouldn't Stop unnecessary interference with UKR & RUS crisis.. 🔥

[dagre]

They were first to cut back on quantitive easing. Good old Britain they are always ahead of the rest. Hopefully it will stand them in good stead

[AG-yblm]

God Bless President Putin and The Russian Federation 🇷🇺
..

[wallflower]

Anyone else believing we're heading to a recession later this 2022?