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Bank of england is obviously thought about this very hard. They take this decision independently and i would much rather that they waited until theyre absolutely sure inflation is on a downward trajectory, and rushed into a decision that they had to reverse at a later stage. What we want is sustainably low Interest Rates. And i think whats encouraging is that the bank of england governor for the first time, has expressed real optimism that were on that path i israels made it through to the final of the Eurovision Song Contest in sweden amid pro palestinian demonstrations protesting against its participation. Thousands of people packed the citys historic Market Square before a planned march through the city. Israels entry, eden golan was booed last night, but she got a more mixed reception earlier with some cheers ....
The bank of englands Monetary Policy committee, the nine economists who decided Interest Rates, they dont meet every month. They meet eight months a yeah month. They meet eight months a year. The fact that they have been held, it is disappointing for lots of people who want to remortgage their house. They want to see Mortgage Rates come down, its also disappointing, of course, for someone called rishi sunak, who is betting hes bet the ranch , bet the tories bet the ranch, bet the tories entire strategy for this election, to the extent they have a strategy on playing the long game, on waiting for Interest Rate cuts on getting more tax cuts in. Weve had two so far, those National Insurance reductions, tory hig ....
Aaron armstrong in the gb newsroom. The chancellor has welcomed the bank of englands decision to hold its base rate, saying its better not to rush into cutting Interest Rates. It has been left unchanged. Therefore, for a sixth time at 5. 25, the governor of the bank, Andrew Bailey, was optimistic. Hes hinted a cut may come as early as june, but says that is by no means a done deal. Jeremy hunt says things are improving. I welcome the fact that the bank of england has obviously thought about this very hard. They take this decision independently and i would much rather that they waited until theyre absolutely sure inflation is on a downward trajectory. And rushed into a decision that they had to reverse at a later stage. What reverse at a later stage. What we want is sustainably low Interest Rates and i think whats encourag ....
Show a delight to have your company today broadcasting from my oil patch here in paddington. Loads to talk about. You will not believe some of the facts and figures and stats were about to come out of this report called taking back control, written by Robert Jenrick , the written by Robert Jenrick, the immigration minister, former immigration minister who resigned in principle over what were about to reveal simply shocking stuff. And also today, its turned out that some of our most favourite insults in the engush most favourite insults in the english language are going out of fashion. My favourite is plonker. What are yours . Send in plonker. What are yours . Send in your favourite very british insults. Please keep them clean. Insults. Please keep them clean. I dont want to lose my job. Its been a great week and ill read out a few before the end of the show. Now get in touch ....