Speaking before squeezed by massive bills, there is still Spending Power out there. A lot of our customers are probably a bit older, so we dont feel the mortgage rate, although it creates uncertainty for them and that does and we do notice when there is a rate rise, everyone gets a bitjittery. Does it feel like we are getting green shoots . I dont feel that there is green shoots, no, no. I dont feel that there is green shoots, no, no. I feel we are in a holding pattern. It could go either way. Today, the Bank Of England said the tough medicine was beginning to work. Less tha n less than two years they have over 14 steps raised Interest Rates to the highest level in 15 years in an attempt to drain Spending Powerfrom the Spending Power from the economy. The period of near zero Interest Rates now consigned to history with the bank warning that rates could remain at this level for some time. If you asked the question, yes, and when are rates going to come down . My answer is we are going t
But the situation for 15 years, excuses for 15 years, but the situation right for15 years, excuses for 15 years, but the situation right now for 15 years, excuses for 15 years, but the situation right now is but the situation right now is untenable but the situation right now is untenable. Doctors but the situation right now is untenable. Doctors are but the situation right now is. Untenable. Doctors are running £13trs untenable. Doctors are running £1565 per untenable. Doctors are running £13. 65 per hour, untenable. Doctors are running £13. 65 per hour, they untenable. Doctors are running £13. 65 per hour, they are untenable. Doctors are running l £13. 65 per hour, they are leaving £i3. 65 per hour, they are leaving wates £i3. 65 per hour, they are leaving wales irr £13. 65 per hour, they are leaving wales in droves, £13. 65 per hour, they are leaving wales in droves, some £13. 65 per hour, they are leaving wales in droves, some are £13. 65 per hour, they are leaving i wa
us more vulnerable. that is the reason why we have been so clear on the following, that ukraine has the right to choose its own path and what kind of security arrangement it once. that is the first line in the paragraph today. and this is a fundamental right. therefore, you can other allow that moscow started to decide who can or cannot be member of nato. russia has been against every part of nato. it is for nato allies and ukraine to decide when to become a member. moscow doesn t have a say on. we are moving ukraine closer to membership, we make the decisions today, which is the most united message on the path towards membership. and of course, we do it knowing moscow will protest, as they did when finland, sweden or north macedonia joint. ukraine has the right to choose their path, allies will decide, not moscow. , ., , . . . , moscow. just one sentence. what is very important moscow. just one sentence. what is very important is moscow. just one sentence. what is very i
widening probe. the mumbai. tell us more about this widening probe. widening probe. the issues can turn delicate widening probe. the issues can turn delicate concerned - widening probe. the issues can turn delicate concerned the - turn delicate concerned the payment division of the company which can keep deposits of up to $2400 but cannot lend to its customers and there at the central bank has cited persistent noncompliance and supervisory concerns. paytm has beenin supervisory concerns. paytm has been in regulatory cross hairs. there have been multiple warnings sent by the regulator to look into the dealings between the banking division as well as the popular payments app well as the popular payments app paytm. latest reports say theissues app paytm. latest reports say the issues include multiple transaction beyond regulatory limits, improper customer verification and even raising money laundering consent and violation of forex reels. experts say the harsh action could in
here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a