No Interest to Cut Rates…(Yet)
And, Chris Mason speaks to Tory defector Natalie Elphicke
May 9, 2024
32 min
1,174 of 2,000
May 9, 2024
No Interest to Cut Rates…(Yet)
0:00 / 32:52
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Bcc Politics Episodes Around May 9, 2024
Episode 1,174 of 2,000 — walk the feed in the order it was published.
32:52This episodeNo Interest to Cut Rates…(Yet)
Summary
<p>Today, we look at whether the UK economy has “turned a corner”, and if so why interest rates were kept the same?</p><p>The Bank of England has announced it is keeping interest rates the same, for the sixth month in a row. The Governor Andrew Bailey has said it needs to "see more evidence" that price rises have slowed further. So when will mortgage rate start to drop? Adam is joined by Andy Haldane, former chief economist at the Bank of England and Darshini David, the BBC’s chief economics correspondent.</p><p>And, 24 hours on from the shock defection of Natalie Elphicke to Labour - Chris speaks to the former Tory MP. </p><p>You can join our Newscast online community here: https://tinyurl.com/newscastcommunityhere
Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Jack Maclaren with Miranda Slade. The assistant editor is Chris Gray. The senior news editor is Sam Bonham.</p>
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