Bank of England set to raise bank rate from 1% to 0.75% | Business News | World News | WION

The bank of England looks poised now to raise interest rates today for the fourth time since December, it’s the fastest increase in borrowing costs in a quarter of a century as it tries to quell the danger from the leap inflation.

#BankOfEngland #Inflation #Economy

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Comment (34)

  1. Woow PANDORA PAPERS -330 politicians from 90 countries illegal business
    ZELENSKY , RUSSIA AND OTHERS WHO HAD BILLIONS OF DOLLARS IN LONDON ACCOUNTS..

  2. What other war has the President doing hourly videos criticising every country in the world for not sending their men women and weapons onto the chopping block? We know Zelensky’s family’s safe. He can’t win so surrender. Spare his people and towns.

  3. UK has plenty money for Ukraine. British people just have to take the pain. Politicians are always ok. Boris enjoyed his party time when citizens couldn't. More pain for its citizens but the elites will be fine. I am sure Boris has shares in the weapons industry.

  4. Inflation! Inflation! Inflation! Everybody whining about inflation! If you want somebody to blame then I would blame Vladimir Putin for disrupting World Order by his aggressive & brutal unprovoked attack upon peaceful Ukraine! SLAVA UKRAINE!

  5. People I know in Britain think it's fine. A friend told me if it gughts Putin it's great and that Britain has had inflation of 15%- 20% before.
    Countries has Russia/Soviet Union invaded or occupied in living memory: Poland, Lithuania, Latvia, Estonia, Finland, Moldova, , Romania, Czechoslovakia, Hungary, Austria, Iran, Afghanistan, Georgia, Chechnya, Ukraine. And Russian mercenaries sent into Syria, Mali, CAE and backed the North Korean invasion that started the Korean war …

  6. As He sat on the Mount of Olives, the disciples came to Him privately, saying, “Tell us, when will these things be, and what will be the sign of Your coming and of the end of the age?” Jesus answered them, “Take heed that no one deceives you. For many will come in My name, saying, ‘I am the Christ,’ and will deceive many. You will hear of wars and rumors of wars. See that you are not troubled. For all these things must happen, but the end is not yet. For nation will rise against nation, and kingdom against kingdom. There will be famines, epidemics, and earthquakes in various places. All these are the beginning of sorrows. Then they will hand you over to be persecuted and will kill you. And you will be hated by all nations for My name’s sake. Then many will fall away, and betray one another, and hate one another. And many false prophets will rise and will deceive many. Because iniquity will abound, the love of many will grow cold. But he who endures to the end shall be saved. And this gospel of the kingdom will be preached throughout the world as a testimony to all nations, and then the end will come.” Matthew 24:3‭-14 MEV

    (Obs: From the beginning of the tribulation to the end there are 7 years. Near the end, the gospel will be preached to the whole world, which would be impossible without technology of global communication.)

    When you see Jerusalem surrounded by armies, then you know that its desolation has drawn near. Luke 21:20 MEV

    So when you see the ‘abomination of desolation,’ spoken of by Daniel the prophet, standing in the holy place,(…) Matthew 24:15 MEV

    “His armies shall rise up and desecrate the sanctuary fortress. They shall abolish the daily sacrifice and set up the abomination that makes desolate.” Daniel 11:31 MEV

    “From the time that the daily sacrifice shall be taken away and the abomination that makes desolate set up, there shall be one thousand two hundred and ninety days.” Daniel 12:11 MEV

    (Obs: These events will take place after the construction of the third temple of Solomon in Jerusalem.)

    (…)then let those who are in Judea flee to the mountains. Let him who is on the housetop not go down to take anything out of his house. Let him who is in the field not return to take his clothes. Woe to those who are with child and to those who nurse in those days! Pray that your escape will not be in the winter or on the Sabbath. For then will be great tribulation, such as has not happened since the beginning of the world until now, no, nor ever shall be. Unless those days were shortened, no one would be saved. But for the sake of the elect those days will be shortened. Matthew 24:16‭-22 MEV

    There will be signs in the sun and the moon and the stars; and on the earth distress of nations, with perplexity, the sea and the waves roaring; men fainting from fear and expectation of what is coming on the inhabited earth. For the powers of heaven will be shaken. Luke 21:25-26 MEV

    (Obs: In the age of technology, men know what is happening on the inhabited earth, no longer are they limited by local information.)

    Immediately after the tribulation of those days, the sun will be darkened, the moon will not give its light; the stars will fall from heaven, and the powers of the heavens will be shaken. Then the sign of the Son of Man will appear in heaven, and then all the tribes of the earth will mourn, and they will see the Son of Man coming on the clouds of heaven with power and great glory. And He will send His angels with a great sound of a trumpet, and they shall gather His elect from the four winds, from one end of the heavens to the other. Matthew 24:29‭-31 MEV

    (Obs: This is the sixth seal of the book of Revelation, pay much attention here, for the signs of the sixth seal >match< the signs of Matthew 24:29-30, the sixth seal is when the rapture happens; before the great tribulation, before the seven trumpets.)

    When these things begin to happen, look up and lift up your heads, for your redemption is drawing near. Luke 21:28 MEV

    Because you have kept My word of patience, I also will keep you from the hour of temptation which shall come upon the entire world, to test those who dwell on the earth. Revelation 3:10 MEV

    (Obs: Rapture before the time of temptation, which will be the government of the antichrist during the great tribulation.)

    For the Lord Himself will descend from heaven with a shout, with the voice of the archangel, and with the trumpet call of God. And the dead in Christ will rise first. 1 Thessalonians 4:16 MEV

    (Obs: Rapture.)

    For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day Noah entered the ark, and did not know until the flood came and took them all away, so will be the coming of the Son of Man. Matthew 24:38‭-‬39 MEV

    (Obs: People will not be eating and drinking and marrying during the great tribulation, therefore, rapture will happen before the great tribulation, when people are still distracted.)

    When they say, “Peace and safety!” then sudden destruction will come upon them as labor upon a woman with child, and they shall not escape. 1 Thessalonians 5:3 MEV

    (Obs: Sudden destruction near the rapture.)

    For the mystery of lawlessness is already working. Only He who is now restraining him will do so until He is taken out of the way. Then the lawless one will be revealed, whom the Lord will consume with the breath of His mouth, and destroy with the brightness of His presence, 2 Thessalonians 2:7 MEV

    (Obs: Who is restraining the antichrist from revealing himself? Who is stopping the antichrist from rising? The sons of God! When the elect are raptured, the antichrist will be free to take over. Rapture will trigger the great tribulation and the government of the antichrist.)

    Two will be in the field; one will be taken, and the other left. Two women will be grinding at the mill; one will be taken, and the other left. Matthew 24:40‭-41 MEV

    (Obs: Rapture.)

    Know this first, that there shall come scoffers in the last days who walk after their own lusts, and say, “Where is the promise of His coming? For since the fathers fell asleep, all things have continued as they were since the beginning of the creation.” 2 Peter 3:3‭-4 MEV

    (Obs: Apostasy of the last days, when more and more men are denying God and going after their own sinful desires.)

    But the day of the Lord will come like a thief in the night, in which the heavens will pass away with a loud noise, and the elements will be destroyed with intense heat. The earth also and the works that are in it will be burned up. 2 Peter 3:10 MEV

    (Obs: The destructions that will happen near the rapture, just as the days of Sodom and Gomorrah; the righteous is rescued and the judgements are poured upon the wicked, and “like a thief in the night” means it will happen when you do not expect, “heavens will pass away” means the sky will vanish as a scroll that is being rolled up, which is mentioned in Revelation 6:14.)

    In a moment, in the twinkling of an eye, at the last trumpet, for the trumpet will sound, the dead will be raised incorruptible, and we shall be changed. 1 Corinthians 15:52 MEV

    (Obs: People around the world have been hearing trumpets from the sky in different times, it has been happening for a few years. When the last trumpet sound, the redeemed will be rescued and the great tribulation will begin.)

    He causes all, both small and great, both rich and poor, both free and slave, to receive a mark on their right hand or on their forehead, so that no one may buy or sell, except he who has the mark or the name of the beast or the number of his name. Revelation 13:16‭-17 MEV

    (Obs: In the last days, no one will be able to buy or sell without a mark from the government/beast of the antichrist, which will take place during the great tribulation, which is at the door.)

    But you, Daniel, shut up the words and seal the book until the time of the end. Many shall run to and fro, and knowledge shall increase. Daniel 12:4 MEV

    (Obs: In the last days, many people travel to many places and knowledge is increased.)

    For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish, but have eternal life. John 3:16 MEV

    Behold the Lord of lords is coming soon, repent now of all your sins — keep away from all sins — and abide in the only Savior and Lord Jesus, the Christ, (Yeshua, the Messiah) with all your heart, for the kingdom of heaven is at hand.

  7. Actually the western countries should thank Russia for war they can hide their shitty economic mess under Putin's war name…

  8. For god sake, WION. Hire a native English speaker to proofread your content before it goes live.

  9. Goverments shoukd be burnt to the ground…they are put in there to take care of its people but these days they do harm to the people than care.

  10. We can exploid this situation well for india momentum

    We need drastic privatization programme

    It may sound like gamble with country future

    But the value is certain n significant

    We may reach 2 digit growth for next few year

    A step closer to 30% annual growth target

  11. Now this foolish and manipulate people's say because of russia invention but this influential is because of sensations…..

  12. They are busy making and sending weapons to ukraine. No money left to subsidize fellow Britishers and no occupied colonies left to bully and steal.

  13. Here we go! House prices which have dominated the UK economy for last 25 years is finally about to crash and being so long, so many will be hurt like never before.

    Is it the government fault? Nope, covid and Russia war will get the blame.

    I predict interest rates to go as high as 2.75% maybe higher.

    This is going to be awful for so many home borrowers.

    Banks are just as out of order as the couples who brought houses as silly inflated prices.

    Oh well, come the year 2070 it will all be forgotten and we will all be long gone for the cycle to re-begin, such is life.

  14. People need to remember the interest rate is only so ridiculously low because of the way 2008 crashed the economy. In 2007 it was 5.75% and that was considered low, 1% is tragically low and still symbolic of an economy in distress, like every other nation that decided quantitative easing was different to inflation. All the terms were redefined and currency ran like water, but eventually you have to Pay the Piper and that still has to be done not only for 2008 – which we already suffered 10 years of austerity for, but also for the enforced 2 year shutdown that did unaccountable damage to the entire system and economy.

    Expect more, because it's going to be painful for a generation not just a few years…

  15. Insane there is a food shortage to many homeless people not to mention the multiple viruses out here

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