For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment Bank Panmure Gordon and i asked him to explain to me what is going on. Your summary was pretty accurate. The higher for longer Interest Rate environment is spooking investors who have been for at least 15 years of the view that Central Banks have their back in terms of keeping Interest Rates low, but also buying Government Debt, quantitative easing, money printing, which many viewers have been familiar with over the last 15 years, has gone into r
the highest it s been in 15 years. but last month, the bank s rate setting committee narrowly voted to keep it unchanged. and it s widely expected to do the same again today as evidence grows of the strain that high borrowing costs are putting on the economy and the housing market. here s our cost of living correspondent colletta smith. this is my monthly dining out, put that in as a reminder. ebony is doing all the right things. ebony is doing all the right thins. , ., , ., ., things. this month they have a savin: things. this month they have a saving goals things. this month they have a saving goals towards things. this month they have a saving goals towards my - things. this month they have a i saving goals towards my house buying savings. she saving goals towards my house buying savings- buying savings. she and her artner buying savings. she and her partner saving buying savings. she and her partner saving carefully - partner saving carefully putting cash into phys
To stay in power, experts warn prolonged Political Uncertainty will ta ke prolonged Political Uncertainty will take its toll on sterling and the economy. Not so in france the euro strengthens as macrons new Party En Marche takes control of french politics. This is World Business report, where we will now focus on the business and economic implications of the elections in the uk and france. Lets start with the uk. The Prime Minister, theresa may, has formed a new government but without a majority in parliament she is relying on an alliance with Northern Irelands largest political party, the Democratic Unionist Party. But while the dup insist their relationship with mays team has been close since she became Prime Minister, 11 months ago, any alliance will come at a price, as joe lynam explains. An economic terms, they are less developed than the Republic Of Ireland or the uk. It has low levels of productivity and is heavily dependent on the state. Those sectors apart from the state that
Good morning from westminster. The bill giving theresa may the power to trigger the formal process of leaving the eu has cleared its final hurdle in parliament, and will now become law. The Brexit Secretary, david davis, said the uk was on the threshold of its most important negotiation for a generation. Our Political Correspondent chris mason reports. Contents, 118, not contents, 274, so the not contents have it. With those words the government achieved what the Supreme Court told ministers they had to, parliamentary approval to start brexit. The debates here in the House Of Lords and in the House Of Commons are, for now at least, done. One thing came out very clearly in all the debates. It is uncertainty that is bad for business, it is uncertainty that is bad forforeign nationals in the uk, it is bad for uk nationals resident in eu countries. I think the quicker we get on with this process the better. The House Of Commons had overturned two suggested changes to the plans new Law Guar
Side from a few big names though the team has had a revamp coach martina voss techmeme dog took charge just 6 months ago and 15 of the squad players are competing in their 1st ever world cup. Youre watching daily news from violence coming up next a doc film that looks at Operation Yellow good chinas Secret Service and the massacre in town and square and dont forget you can get all the latest news on our website. First day at school. The 1st cannulas of them in the door is grandma always arrives believes in joining a ring in turn on her journey back to freedom in the in our interactive Documentary Tour of an orangutan returns home in the monte w. Dot com tanks. On june 4th 1809. 00 chinese troops attacked prodemocracy demonstrators on beijings channel one square a brutal crackdown to end 7 weeks of peaceful protests. The day after the Massacre Thousands of demonstrators were arrested sentenced and jailed dozens were executed. But mysteriously some managed to go underground and escape. T