Martin Lewis has a warning for mortgage holders as inflation soars
June 16, 2022
9,167
94
46
1.53%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
The Trump Report Episodes Around June 16, 2022
See what was published immediately before and after this episode.
6:00Where is Alexei Navalny, Russia’s opposition leader? | Vladimir Ashurkov
12:09Now PlayingMartin Lewis has a warning for mortgage holders as inflation soars
YouTube Description
as posted by the channelSpeaking at the Founders Foundation to Mariella Frostrup, Martin Lewis has stated that he doesn't see how the interest rate rising will help the economic issues.
"I struggled to see how an interest rate rise helps in a supply-led economic problem, which is what the cost of living is."
IT'S ALL THE BANKS CAN DO
"I wonder if the reason the Bank of England is putting interest rates up is because that is literally the only tool it has in its arsenal, its job is to control inflation. It only has one tool to deal with."
ON INDEPENDENT BANKS
"I like the independence of the Bank of England. I'm not suggesting we don't change it. But you do have to wonder if we didn't have an independent Bank of England, so that it was the government controlling everything. Could you actually have a more rounded solution be brought forward? I don't know."
ON GOVERNMENT'S POWER TO MAKE A DIFFERENCE
"We have an adversarial political system. Can you imagine a company that had one team that people set up to operate it and another team that people pay to oppose whatever they're doing? I don't think it's a particularly productive way to run anything."
---
Times Radio brings you the latest breaking news, expert analysis and well-informed discussion on the biggest stories of the day.
📻 Listen now
Follow Times Radio on social:
Subscribe here
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.