UK's Inflation Rates Are Falling: Is There Light At The End Of The Tunnel? | Good Morning Britain
Вставка
- Опубліковано 15 сер 2023
- Chief Secretary to the Treasury John Glen discusses the UK's lowering inflation rates as they fall to 6.8% for July. How will this affect daily spending during the cost of living crisis? Additionally, Glen discusses rail fares, the mortgage crisis, grocery costs and a potential bank holiday if the Lionesses win this year's Women's World Cup!
Broadcast on 16/08/23
Stream Good Morning Britain live, every weekday from 6am on the ITV Hub 📲 daytimelink.itv.com/WatchGMBYT
Subscribe now for more! bit.ly/1NbomQa
Like, follow and subscribe to Good Morning Britain!
The Good Morning Britain UA-cam channel delivers you the news that you’re waking up to in the morning. From exclusive interviews with some of the biggest names in politics and showbiz to heartwarming human interest stories and unmissable watch again moments.
Join Susanna Reid, Ben Shephard, Kate Garraway, Charlotte Hawkins and Sean Fletcher every weekday on ITV from 6am until 9 every weekday!
ITV Hub: daytimelink.itv.com/WatchGMBYT
Website: bit.ly/1GsZuha
UA-cam: bit.ly/1Ecy0g1
Facebook: on. 1HEDRMb
Twitter: bit.ly/1xdLqU3
www.itv.com
#GMB - Розваги
Of course prices are still rising. Theyve got to milk as much money out of the British somehow once inflation dies off. Greed and money.
Just crazy 28% more for food in just 2 years
6:25 speaking for myself, a 40yr old that has always weighed less than my bmi weight. Ive since lost further weight from not being able to afford food. I work full time racing around the store for a full 8/9 hours 6 days a week. Im seeing mysrlf becoming more and more ill because of exhaustion but could not afford time off work. Ive stopped smoking, which was a little luxury i enjoyed, sold everything i dont need in my houee and im still falling further into debt. My partner had been off work with anxiety and depression now suffering suicidal episodes. More has to be done! Get out of these conglomerates profits, because sooner or later we will see a public uprising. Weve watched you strip the country of assets and ferry our monry to offshore accounts and friends of friends. Its absolutely appaling! And how they can sit on these shows thinking we cant see through the b.s is just abhorent. The country is in turmoil, youre killing foreigners because of your greed and lack of humanity and pitting us against each other. It doesnt wash, much like the blood on their hands.
Killing foreigners?
Government could definitely freeze food prices ie supplement price of flour or milk or eggs or whatever ie basics if they wanted to.
Everyone has forgotten why the uk workers needed more wages decades ago. It was a tax brought in to tackle the Ozone, then the melting ice caps, then the acid rain & lots more untruths, just to bring in a fuel duty.
Scrap fuel duty, stop sending billions of aid to countries that have governments who can afford to send rockets into space, or have massive shares in British businesses.
Scraping the fuel duty would make it cheaper to process food ingredients, delivery, transportation of said ingredients, it would also mean more families would be able to afford to spend more locally, which would mean more profits for local shops/businesses, would mean more people in work. That alone would bring in more TAX for the OVER PAID MP'S OF ALL PARTIES, on that note make anyone in government AND media who earns more then £1000k a year take a 1/3rd pay cut (I'm being generous there). Because who the F needs that much money every year.
Awake yet? 1960's-Oil gone in 10 years 1970's-Another Ice Age in 10 yrs. -Acid Rain will destroy all crops in 10 yrs. 1990's The Ozone layer will be gone in 10 years Ice caps will be gone in 10 yrs. 2000 NONE HAPPENED: but all resulted in MORE TAXES
no it wasnt. it went up when the tories privatised.
@@kanedNunable everything went up when fuel duty came in. It's not who was in power. Because past and present government's have and are milking the cash cow dry. And just for you information ALL MP's in parliament have a vote on what happens to our money no mattwhat party they belong Ng too. THEY ARE all paid by our taxes so they Will vote for what ever garentes Thier wages and expenses are still being put into their banks. Al UK political party's are corrupt
This can of things cant happened in a first world country. It is the greed of the corporations that has taken the country to this!
and the tories being complicit and making a fortune as they do it.
@@kanedNunable of course!
Idk if that's necessarily a good thing. The reason the U.S. can't seem to lower inflation rates, is because people won't pay back into the M2 money supply, because they want to keep their 3% mortgages, their 570ck5 and any other things they bought before the price hikes.
I'm not saying inflation is good, but it's even worse if the only reason it's lowering, is that people hate their lives so much they won't even borrow to support it, that they have nothing of value to hold onto in the first place.
Furthermore, this could turn into a famine if there's ever an interruption of the oceanic supply system. Britain is extremely reliant on imported food. Since no one seems to own anything, they likely don't have months or years of emergency food reserves.
So... Yeah, in your case, inflation is probably not your biggest issue. Britain is already in a situation that Americans are trying to avoid. You are beyond the event horizon. Good luck to you.
America has more problems than Europe combined. You have problems that don't exist here. Good luck to you
6:25 Where on earth are you getting the prices of those STAPLE FOODS FFS!
I have always had to use budget shops & their unbranded value goods
Milk £1.04 ⏫ £1.45
Bread 45p ⏫ 85p
Eggs dz £1.59 ⏫ £2.57
That's a LOT more than 12.7% inflation & there's no way to reduce the cost of food for us except buying less & going without 😡
UK INFLATION still at 6.7% 2 months later no change.
It is not getting better.
Has the world gone mad? Why is no one reporting on the month over month inflation figures? The last two months figures have been 0.2 and - 0.3. So if you annualised the last two months we're currently running at - 3% (deflation!). Plus the food inflation still looks horrendous but the month over month figure is 0.2% so 2.4% annualised.
Furthermore, I have no idea why wage inflation is included. It's this only item in the basket that actually improves people's standard of living rather than degrades it.
Look at these two jolly English people.
Inflation's just a number it means nothing we'll still have a rising cost of living prices won't go down they'll go up just slower.
Blame the war in Ukraine we had no high inflation when we invaded Iraq or Afghanistan
Also warcrimes commited by the establishment in England
@@britnatzaredemocracydenier5922 totally agree
@@victoriawest7261 here here sister 👏
the government should own the bank of england
Ahhh yes the incorruptible government who have never done shady deals to provide contracts or slid in questionable tax cuts for their donors should totally be in control of the central bank...
Bank of England I thought it was a British bank now we Scots see who really colonizers are in the uk
Lol the same people that stole /wasted over 600 BILLION IN JUST OVER 3 YEARS
The government would bankrupt the Bank of England.
not until the tories go.