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BOE Unlikely to Lift Rates More Aggressively

BOE Unlikely to Lift Rates More Aggressively
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Core Inflation Rise Shows Further Challenges for BOE

Core Inflation Rise Shows Further Challenges for BOE
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Transcripts for BBCNEWS BBC News 20210530 19:25:00

we re talking here of hundreds of blocs, potentially hundreds of thousands of people, and we just can t sign it, because by doing so, you take on the liability which would render you technically insolvent. the ministry of housing says the managing agents interpretation of the contract is fundamentally flawed and allows cladding removal without leaving the leaseholders liable for other fire safety costs. without leaving them or leaseholders liable leaseholders like stephen in manchester say they ve been waiting long enough. you think you might be able to see a glimmer of light at the end of the tunnel, and then now, unfortunately, they won t sign the agreement, so it s like, it doesn t matter how much money the government make available for us, unless that agreement is signed, we re stuck and we re trapped. the longer this dispute between the managing agents and the government goes on, the longer people living in these buildings are having to pay out thousands of pounds a month on i

Transcripts for BBCNEWS BBC News 20210530 21:17:00

of the contract is fundamentally flawed and allows cladding removal without leaving them or leaseholders liable for other fire safety costs. it insists despite the disagreement, the building safety fund is working. so far, of the 786 privately owned tower blocks deemed eligible for the fund, just under half, 366, have been approved for either financial help with their tender orfull funding, with £160 million committed. but with contracts not getting signed, how much of that money is actually being spent? leaseholders like stephen in manchester say they ve been waiting long enough. you think you might be able to see a glimmer of light at the end of the tunnel, and then now, unfortunately, they won t sign the agreement, so it s like it doesn t matter how much money the government make available for us, unless that agreement is signed, we re stuck and we re trapped. the longer this dispute between the managing agents

Transcripts for BBCNEWS BBC News 20210530 17:19:00

none of them have signed. we ve talked to freeholders, we ve talked to cladding action groups, and as far as i know, none of them have signed. it s a really difficult situation. we re talking here of hundreds of blocks, potentially hundreds of thousands of people, and we just can t sign it, because by doing so, you take on the liability which would render you technically insolvent. the ministry of housing says the managing agents interpretation of the contract is fundamentally flawed and allows cladding removal without leaving the leaseholders liable for other fire safety costs. leaseholders like stephen in manchester say they ve been waiting long enough. you think you might be able to see a glimmer of light at the end of the tunnel, and then now, unfortunately, they won t sign the agreement, so it s like it doesn t matter how much money the government make available for us, unless that agreement is signed, we re stuck and we re trapped. the longer this dispute between the managing ag

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