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Transcripts for BBCNEWS Nicky Campbell 20240604 08:13:00

Interest choose to cut our incomes by ink interest rates. it is entirely untrue interest rates. it is entirely untrue that we have entered the era of low untrue that we have entered the era of low interest rates. it is a stupid of low interest rates. it is a stupid political choice, it does not control stupid political choice, it does not control inflation. because you can t control control inflation. because you can t control the control inflation. because you can t control the price of oil and gas coming control the price of oil and gas coming out of russia by changing the interest coming out of russia by changing the interest rates in the uk. so it can t interest rates in the uk. so it can t control inflation but it has massively can t control inflation but it has massively redistributed wealth upwards in our society from those who borrow upwards in our society from those who borrow to those who save. and that is who borrow to those who save. and that is against ....

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