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Transcripts For GBN The 20240703

With our royal correspondent, Cameron Walker. Bordeaux twinned with bristol , where the Cameron Walker. Bordeaux twinned with bristol, where the king and queen will be enjoying a reception on a Royal Navy Frigate in bordeaux. And theyll frigate in bordeaux. And theyll also be riding a tram to the main square. King charles will also be hearing about the effects of Climate Change after some horrendous forest fires in in bordeaux last year, which destroyed thousands of acres. And its certainly been a Climate Change since they left paris pit. Oh, it was Climate Change since they left paris pit. Oh, it was raining cats and dogs the whole time there. And now look, theyve sun kissed and theyre going to a vineyard. Theyre kissed and theyre going to a vineyard. Theyre organic vineyard. Theyre an organic vineyard. Theyre an organic vineyard. Theyll vineyard. So no doubt theyll have a little taste of the local brew. Lucky them. There are the lucky them. So there are the king queen landing at in k

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Transcripts For GBN The 20240703

Or two if they do hold rates and that decision is expected any second now. Liam, if they do hold them, could we start seeing rates starting to come down maybe towards the 4 area in the near future. 7 future . Im literally checking my phone here, pip, as we speak. You keep your eyes if you. Liam we are being told now it has been held. Its been held. At 5. 25. Your its been held. At 5. 25. Your reaction . Thats thats very, reaction . Thats thats very, very interesting. Whats going to happen now is that the pound will likely fall because traders were expecting an Interest Rate rise. On balance, what will happen now is so called two year swap rates will change. So Mortgage Companies quite quickly will start competing and offering cheaper loans. Weve already had Mortgage Rates coming down over recent weeks because of an expectation that this would be the peak in Interest Rates if indeed there was a rate rise. If we look at my graphic now, i hope its on the screen. You can hope its on the sc

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