about for renters. because in so many parts of the country, rents have just soared. and exorbitantly. so if you re a renter and not in a position to buy a home, what are the options, what is the advice that you give to renters who could anticipate then their rents to go up? so, rents have certainly gone up by a strong pace. the good news for me is we ve actually seen a tapering of the strong rents of growth. rents are motderating and as we see new construction come online and some vacancies which are extremely tight begin to abate. i do see in the next six months for the market to improve but for the time being it is going to be a hot summer both literally and figuratively as a lot of expenses are putting the squeeze on so many americans. wow. all right. george ratu, a pleasure. thank you so much for being with
and i totally support that. and so i think the difficulty is that no one here at the g7 can really see any alternative to simply supporting them in regaining their sovereignty. and if that goes on for years and years and years potentially, at vast cost to our country, to our taxpayers, with implications for our economy, so be it, that s what the uk has to do? i think the economic impacts on the uk will start to abate, we will find ways round things and some of the cost pressures will start to come down. so there is no limit on the timeline, there is no limit on the budget, the billions that britain could spend? i think sometimes the price of freedom is worth paying. just remember, it took the democracies in the middle of the last century a long time to recognise that they had to resist tyranny and aggression. but what it bought in the end, with the defeat of the dictators, particularly of nazi germany,
really see any alternative to simply supporting them in regaining their sovereignty. find supporting them in regaining their sovereignty- supporting them in regaining their sovereiun . ., ., ., sovereignty. and if that goes on for ears and sovereignty. and if that goes on for years and years sovereignty. and if that goes on for years and years potentially, - sovereignty. and if that goes on for years and years potentially, at - sovereignty. and if that goes on for years and years potentially, at vast | years and years potentially, at vast cost to our country, to our taxpayers, with implications for our economy, so be it, that s what the uk has to do? i economy, so be it, that s what the uk has to do? economy, so be it, that s what the uk has to do? i think the economic im acts uk has to do? i think the economic impacts on uk has to do? i think the economic impacts on the uk has to do? i think the economic impacts on the uk uk has to do? i think the economic impacts on the
that s what the uk has to do? i think the economic impacts on the uk will start to abate. we will find ways round things and some of the cost pressures will start to come down. so there s no limit on the timeline, there s no limit on the budget, the billions that britain could spend? i think sometimes the price of freedom is worth paying. just remember, it took the democracies in the middle of the last century a long time to recognise that they had to resist tyranny and aggression. but what it bought in the end, with the defeat of the dictators, particularly of nazi germany, it brought decades and decades of stability, and that is worth protecting. that is worth defending. and that delivers long term prosperity. but what of the prime minister s own future? the clouds have darkened for him after that vote of confidence, the loss of another two
look, i think we have a lot of headwinds right now. and if you think back to the last g7 we were coming out of covid. everything was looking cautiously positive. we could see a way for the world economy to grow. we now have a big problem with what putin has done in ukraine is driving prices of commodities, energy obviously, but that s driving food and fertilizer as well. that s causing problems around the world. and we need to fix those things. and i don t think there s any point focusing on, you know, how bad things might get. let s look at what we can do to address it. so, we need to be working together, to ease problems in global supply chains, fix those inflationary pressures, fix pressures in labor markets, and do what we can to help people through tough times. i think it will get better. i think that inflation will start to abate. but right now, we ve got to use the fiscal firepower we have in