Foremost, we believe in what we are getting cold to do. This team is special, we did it in the year rose and we are here again tonight and we keep pushing forward. We and we are here again tonight and we keep pushing forward. Keep pushing forward. We stuck toaether keep pushing forward. We stuck together as keep pushing forward. We stuck together as a keep pushing forward. We stuck together as a team. Keep pushing forward. We stuck together as a team. Of keep pushing forward. We stuck together as a team. Of course l keep pushing forward. We stucki together as a team. Of course it keep pushing forward. We stuck together as a team. Of course it was a very together as a team. Of course it was a very hard together as a team. Of course it was a very hard game. We made it through the extra a very hard game. We made it through the extra time and we won the penalties the extra time and we won the penalties and how we did that add a team, penalties and how we did that add a team, we penalties a
Responsibility for the fact that inflation in the uk is much higher than it is in comparable countries. In the us, it is 3 . In the eurozone it is 5. 3 . And yet, here in britain, inflation remains stubbornly at 7. 9 because of a decade or more of mismanagement by the conservative party. Lets talk to our work and money reporter peter ruddick. What does this mean for people with mortgages . It what does this mean for people with mortua. Es . , what does this mean for people with mortua. Es . , , what does this mean for people with mortauaes . ,. Mortgages . It was widely expected but unfortunately mortgages . It was widely expected but unfortunately that mortgages . It was widely expected but unfortunately that will mortgages . It was widely expected but unfortunately that will not but unfortunately that will not prevent the pain from hurting. Lets break this down, for people on a variable or a tracker rate mortgage, which tracks the Bank Of England base rate, they will see immediate im
do you think they will be able to get their money back? i think that for the major debt holder, the bond order should be, to be honest, we expect this bond order can still only recover approximately 2% or 3% under liquidation scenario and currently the bond issued by evergrande is only trading at 2 cents of the dollar. at this point we believe the most valuable assets owned by evergrande are still in offshore assets which include the share of the publicly serviced and other electric vehicle divisions. meanwhile we think it is virtually impossible to recover anything from its onshore assets. what are the broader implications for the industry from evergrande s liquidation? actually, evergrande is the first developer, first large developer that has been ordered to liquidate. if you look at the previous example, we also saw that the government between hong kong and mainland china china has unusual recognition for insolvency proceedings. so in theory, liquidators from hong kong sh