Shall see. Here it comes. Well, here it comes indeed. There you go. There you go , they have been there you go, they have been held. Were hearing liam. They held. Were hearing liam. They have been held. Have been held. Okay, so lets have a look. We can put that in a special gb news graphic. I think we can see the Interest Rates were very, very low. Ultra low before the covid pandemic. They then went to a historic low of just a quarter of i, 0. 25. Since then, we had 15 successive quarter of 1, 0. 25. Since then, we had 15 successive Interest Rate rises as inflation surged as we came out of lockdown and a wall of demand hit the economy, businesses couldnt supply. Wall of demand hit the economy, businesses couldnt supply. In time, inflation went up, oil prices, gas prices , inflation is prices, gas prices, inflation is now coming down. But for now the bank of england is being cautious. It will be very interesting. Tom and emily and you , feel free to say you know, feel free to say becaus
It. And he says the tories have lost control of the economy. Welcome to the show. Well, weve just had the Spring Budget. I just had the Spring Budget. I want to hear from you. Do you feel this was the moment we expected a rabbit to be pulled out of the headlights instead . Did it feel to you like the chancellor of the exchequer, jeremy hunt, was a rabbit in the headlights . Were the big headlights . Where were the big fireworks . Where was the big fireworks . Where was the big bang . Titanic tax cuts bang . We wanted titanic tax cuts instead. Does it feel like to you , like theyre rearranging you, like theyre rearranging the deck chairs on the titanic . The deck chairs on the titanic . Throughout the course of the show, ill speak to experts across housing, hospitality, manufacturing, Small Businesses , manufacturing, Small Businesses, and of course, political reaction from the conservatives, the labour party and the liberal democrats. And the most important people of you , the importan
you have trees that are down, you have a lot of hazards right now. we do anticipate a lot of the water will subside in some of the barrier islands and some of the coasts but some of those inland places of rivers and these inlets, you are likely to have standing water there throughout all of today and even in the days ahead, so that is a hazard and just please be aware that that is something that if you have weathered the storm to this point, going on doing and getting involved in that is totally not worth it and we want to minimise any harm to anybody as a result of what we are seeing right now in the streets. it s gonna be put to use, i don t think we ve seen in effort mobilise for this minutes rate rescues this quickly, but we appreciate and we will make good use of it. we want people to be safe, those people who are in need of life supports, health is on the way help. they are able to see the areas that were hardest hit, and they are focusing assets there. obviously the