to what extent will andrew bailey _ few months. to what extent will andrew bailey and _ few months.t will andrew bailey and his _ few months. to what extent will andrew bailey and his team - few months. to what extent will| andrew bailey and his team take notice of these figures coming out overnight?— out overnight? they are certainly _ out overnight? they are certainly note _ out overnight? they are certainly note them, - out overnight? they are i certainly note them, they out overnight? they are - certainly note them, they look at a wide range of data but they will want to see evidence that the trends are continuing and they want to see the actual inflation number come down. it was still a 4% in december and that might be concerning is that might be concerning is that growth on the services side rather than goods and food was still a fairly strong. that is what will keep inflation from falling quickly and the fact that wage growth is still strong could keep that services number up a bit higher.- number up a bit higher. there are these _ number up a bit higher. there are these unkn

hanging on andrew bailey's every word. what stood out to you? lizzie: as always. an interesting moment for financial stability given the global picture as you were suggesting -- discussing with jill, if andrew bailey is not willing to concede it is coming, the pivot from hikes to cuts is somewhere on the way for the bank of england as well. what you just heard from bailey is a sample of his optimism that rates being at this peak is not going to trigger a huge spike in unemployment and therefore a huge spike in mortgage defaults. actually the consumer is withstanding it well and therefore this is not an unwanted impact on financial stability via consumers. what the bank of england did say was concerning was that as rates start to fall you might see a wave of investor exuberance as they put it. you have seen that in the u.s. in terms of the santa rally. as soon jay powell indicated there would be a pivot party. that is what they are looking out for in the u.k.. even though the focus yesterday was financial stability, there were hints about monetary policy. since the

the last time we heard from andrew bailey was the boe decision.ce then -- well, they held rates but since then we have had this surprise that inflation has fallen. surprising all economists, it fell more than expected. you have had traders cutting their bets. ramping up bets for rate cuts in 2024. maybe we will hear broadly about where inflation and rates are headed within the context of financial stability. how people are coping with higher mortgages, where the companies are on the brink of default as they confront the peak of interest rates. maybe they will talk about the strength of the pound or weakness in the pound as interest rates start to fall. maybe they will talk about the risk of recession until then. if you think about the financial stability report, one of the key themes was the banks morning that hedge funds are building up risky bets on the u.s. treasury markets which is even more interesting in the context of the pivot party that happened after the fed decision and the way the stock and bond rally has lost a bit of steam in 2024. k

liam andrew bailey um, in money. >> good to be with you, martin. um, so, yeah, the governor of the bank of england appeared before the treasury select committee, cross—party group of mps . he was a bit poker faced, mps. he was a bit poker faced, though, as you'd expect from a governor of the bank of england. but, be but, you know, let's be completely clear. >> i'm getting stopped on the street days street all the time these days by asking me, liam, by people asking me, liam, where's rates going where's interest rates going to go ? go? >> e go? >> a mortgage. my kids >> i've got a mortgage. my kids got mortgage. they got a mortgage. should they stick? they should stick? should they twist, should they they for they fix, should they go for a variable rate? >> what is going to happen with interest rates? let's have a look at bank of england interest rates. >> now this graphic we can >> now in this graphic we can see here that back in 2017 interest rates were ultra low. they went up to about 1. they then went to just a qu

that's after the governor of the bank of england, andrew bailey , bank of england, andrew bailey, warned in the region could impact prices. it's after uk and us strikes on yemen's houthi rebels triggered fears of further escalation. meanwhile a maltese flagged commercial ship has been struck by a missile fired from yemen while transiting northbound and in the red sea from vietnam to israel. the zoographia had 24 crew on board and was sailing empty of cargo, and there are no reported injuries . the fujitsu boss has injuries. the fujitsu boss has told mps. the post office knew about the bugs and errors in the honzon about the bugs and errors in the horizon system. the business trade committee are hearing from key figures in the post office scandal, including wrongfully convicted subpostmaster alan bates. they're looking at the appeal processes in place to help overturn convictions and deliver compensations to victims . the fujitsu boss has apologised and says the company have a moral obligation to contribute to the compensation scheme. he said management knew of the it issues very early on

. >>> and bank of england governor andrew bailey is monitoring the red sea closely warning it could becomeissue for monetary policy. speaking in front of the committee, bailey expects shipping prices and costs to rise if traffic continues to be impacted. a short comment on this, silvia, charges for transporting a 40-foot container from china to europe is $4,000. back in december, it costs about $1,100. that is a 250% jump in shipping costs. you have to imagine at some point, if this continues, and sustained, that these ships are diverted or have to take different routes or no longer shipping through the region, there could be an inflation ary impact. >> we are looking at potential central bank rate cuts and this is an important story to follow with the context of the global economy. >>> i want to discuss the nato allies which pledged further military and economic and humanitarian support to ukraine to defend itself against russia. member states are actually providing billions of euro of further capabilities this year. peace talks are expected to take place in davos next week. >>> governor

. >> andrew bailey here on a huge win for consumers and department of energy trying to take away ourshers. not so fast, joe, on that and also guy benson is here and all that big money behind nicky haley and it's so frightening. is it? no, it's not. top of the hour. your best defense against erosion and cavities is strong enamel- nothing beats it. new pronamel active shield actively shields the enamel to defend against erosion and cavities. i think that this product is a gamechanger for my patients- it really works. get over here kids. time for today's lesson. wow. -whoa. what are those? these are humans. they rely on something called the internet to survive. huh, powers out. [ gasp ] are they gonna to die? worse, they are gonna get bored. [ gasp ] wait look! they figured out a way to keep the internet on. yeah! -nature finds a way. [ grunt ] stay connected when the power goes out, with storm ready wifi from xfinity. and see migration in theaters now. i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we kn

andrew bailey was sworn in as the 44th attorney general in the state of missouri on january 3rd, 2023r. bailey is a veteran of the united states army in which he served in combat as a commissioned officer following the terrorist attacks of september 11th. mr. frank bowman is the university of missouri curators distinguished professor and floyd r gibson professor of law emeritus at the university of missouri school of law. he is also taught at washington university, gonzaga university, indiana university, wake forest university and the university of denver. and in spring of 2023, was visiting fellow at oxford university american institute. thank all of the witnesses for being here today and i recognize you for your opening statement. >> thank you mr. chairman. members of the committee, chairman greene, ranking member thompson, members of the distinguished committee, montana attorney general. as the attorney general and chief law enforcement officer for the state of montana i'm grateful for this committee's attention to how secretary alejandro mayorkas's failed leadership and how it has

one of those attorneys general is andrew bailey from missouri, the show-me state sued the federal government three times over illegal immigration. republicans intend to show how mayorkas diminished the security of the nation. >> it's making missouri communities less safe with the influx of fentanyl, human trafficking. my heart goes out to the victims. it is high time congress hold them accountable. >> the senate cannot impeach mayorkas and why some gop members tried to get the senate to adopt the resolution of no confidence for mayorkas. >> he has lost the trust of the american public. we have no border security. the border is not security. eliminated enforcement and now we have the biggest illegal immigration federal resettlement program in the history of this country. >> homeland security is handling impeachment. democrats back referring articles of impeachment to that committee after the gop tried to do a snap impeachment on the floor. the hearing comes as mayorkas takes part in negotiations to get a border security deal. >> there were some good things in that bill that i think a lot of m

we saw andrew bailey there saying this is reinflate inflation. is going to reinflate inflation.what's for a long time. what's happening now with oil prices . right. >> okay. i'm not going to be alarmist here. um, it may have a global impact. it depends . it global impact. it depends. it depends how the western world responds. it responds the us has a major strategic petroleum reserve. now that strategic you know, basically oil is stored in in salt mines. you know, in the south of the united states , um, south of the united states, um, the, the strategic petroleum reserve that the us can dip into and flood global markets with oil, with oil at times of geopolitical angst and fear about middle eastern supplies. they in that sense , can try and they in that sense, can try and damp down oil prices . and i damp down oil prices. and i don't know for sure, but i would bet serious money that that is now is now what's happening. because we have seen the oil price jump up 3 or 4% today. we have yeah. this is have. yeah. but given this is the of hormuz, given the straits of hormuz, given th

the governor of the bank of england, andrew bailey, just last week warning attacks in the region couldact prices here in the uk and on the military front, a united states official confirmed its planes targeted for houthi anti—ship missiles off the coast of yemen in fresh strikes against the iran backed group overits against the iran backed group over its disruption to commercial shipping . now today commercial shipping. now today in the post office scandal, a fujitsu boss today accused post office officials of knowing about the bugs and errors in the honzon about the bugs and errors in the horizon it system. the business and trade committee heard from key figures involved in the post office scandal, including fujitsu executive paul patterson, who apologised and admitted that his company had a moral obligation to contribute towards compensating victims . towards compensating victims. the wrongly accused former postmaster and leader of the subpostmasters alliance, alan bates, blamed red tape for delays to compensation payments . delays to compensation payments. there are further signs to

the governor of the bank of england, andrew bailey, just last week warning attacks in the region couldn the military front, a united states official confirmed its planes targeted for houthi anti—ship missiles off the coast of yemen in fresh

bank of england boss andrew bailey warned yesterday that tensions in the middle east could push prices here in britain . the prime minister britain. the prime minister won't be attending the world economic forum in davos next week, sending senior ministers instead. the us secretary of state antony blinken, the french president emmanuel macron and europe's commission president ursula von der leyen will all be there. but the government says its priorities will be championing british growth sectors and promoting business investment. the 54th world economic forum begins in the swiss ski resort on tuesday against what's likely to be the most complicated global political backdrop in its history . now a disruptive arctic history. now a disruptive arctic snow blast is set to hit britain next week. the met office warning a northerly air flow is going to bring arctic air with snow showers to the uk from sunday. it means travel plans could once again be disrupted. risk breakdown warning drivers to prepare in case of a breakdown during the cold weather. meanwhile, a cold health alert remains in fo

andrew bailey was sworn in as the 44th attorney general in the state of missouri on january 3rd, 2023. mr. bailey is a veteran of the united states army in which he served in combat as a commissioned officer following the terrorist attacks of september 11th. mr. frank bowman is the university of missouri curators distinguished professor and floyd r gibson professor of law emeritus at the university of missouri school of law. he is also taught at washington university, gonzaga university, indiana university, wake forest university and the university of denver. and in spring of 2023, was visiting fellow at oxford university american institute. thank all of the witnesses for being here today and i recognize you for your opening statement. >> thank you mr. chairman. members of the committee, chairman greene, ranking member thompson, members of the distinguished committee, montana attorney general. as the attorney general and chief law enforcement officer for the state of montana i'm grateful for this committee's attention to how secretary alejandro mayorkas's failed leadership and how it

andrew bailey was sworn in as the 44th attorney general in the state of missouri on january 3rd, 2023iley is a veteran of the united states army in which he served in combat as a commissioned officer following the terrorist attacks of september 11th. mr. frank bowman is the university of missouri curators distinguished professor and floyd r gibson professor of law emeritus at the university of missouri school of law. he is also taught at washington university, gonzaga university, indiana university, wake forest university and the university of denver. and in spring of 2023, was visiting fellow at oxford university american institute. thank all of the witnesses for being here today and i recognize you for your opening statement. >> thank you mr. chairman. members of the committee, chairman greene, ranking member thompson, members of the distinguished committee, montana attorney general. as the attorney general and chief law enforcement officer for the state of montana i'm grateful for this committee's attention to how secretary alejandro mayorkas's failed leadership and how it has impa

andrew bailey was sworn in as the 44th attorney general in the state of missouri on january 3rd, 2023. bailey is a veteran of the united states army in which he served in combat as a commissioned officer following the terrorist attacks of september 11th. mr. frank bowman is the university of missouri curators distinguished professor and floyd r gibson professor of law emeritus at the university of missouri school of law. he is also taught at washington university, gonzaga university, indiana university, wake forest university and the university of denver. and in spring of 2023, was visiting fellow at oxford university american institute. thank all of the witnesses for being here today and i recognize you for your opening statement. >> thank you mr. chairman. members of the committee, chairman greene, ranking member thompson, members of the distinguished committee, montana attorney general. as the attorney general and chief law enforcement officer for the state of montana i'm grateful for this committee's attention to how secretary alejandro mayorkas's failed leadership and how it has

the bank of england governor andrew bailey says further global shocks are a major threat to the uk economyan gb news, business and economics editor with on the money . now, liam, just explain money. now, liam, just explain for us what this actually means. if these ships are deterred from going through the suez canal, how much longer is their journey be and therefore how much more expensive is what's on these ships ? ships? >> okay, tom and pip, um, this is this is the reality of what's happening. this attack today is about 2500 miles from the suez canal. >> because saudi arabia is in the way. this attack today , this the way. this attack today, this diversion of a ship explicitly by the iranians is in the straits of hormuz, which is the global oil pinch point of the world. it's the gateway into and out of the persian gulf. i repeat, it's thousands of miles away from the red sea, though of course, previous drone attacks by iranian backed houthi rebels have been in the red sea. >> what's the difference? the difference is that the suez canalis difference is that the suez canal is the gateway

andrew bailey was sworn in as the 44th attorney general in the state of missouri on january 3rd, 2023. mr. bailey is a veteran of the united states army in which he served in combat as a commissioned officer following the terrorist attacks of september 11th. mr. frank bowman is the university of missouri curators distinguished professor and floyd r gibson professor of law emeritus at the university of missouri school of law. he is also taught at washington university, gonzaga university, indiana university, wake forest university and the university of denver. and in spring of 2023, was visiting fellow at oxford university american institute. thank all of the witnesses for being here today and i recognize you for your opening statement. >> thank you mr. chairman. members of the committee, chairman greene, ranking member thompson, members of the distinguished committee, montana attorney general. as the attorney general and chief law enforcement officer for the state of montana i'm grateful for this committee's attention to how secretary alejandro mayorkas's failed leadership and how it

who bailey clearly conveyed, had made a mess of the place as the whig nominee in 1844. clay has the honor of barring james k paul from entry a woman texas shown there on the left resembles the president's bride, julia, and she is dressed as she was in virtuous harry. she is being unceremoniously kicked out of the people's house, literally by henry wyse, who wants nothing to do with the debts that the united states would incur upon texas annexation in what is most significant for our purposes, however, is that julia again plays the central role in the political caricature the part of texas she wears a gown similar to the one she wore in the first family lithograph and the same wreath of flowers adorns her hair. but there are some differences. as the dress is rumpled, suggesting long use, long wear, her face is not quite as young and beautiful as it was in the previous lithograph, suggesting that as the annexation annexation issue aged and was revealed in better light, it became less attractive to everyone who saw it. next slide, please. this is my favorite lithograph tha

is it time for our charles to give andrew the chop? what do they even mean?ate mother, the queen. um, he's no longer styled hrh. he is, i think, bizarrely, a member of the privy council. i think if charles is abroad , he and harry and harry, abroad, he and harry and harry, another another rogue in the house, isn't he in windsor, i think? yes. still in the still in frogmore house or whatever. it's quite difficult to know. yeah. there's, there's, you know , about as disgraced he , he's about as disgraced as he can be. um, just to raise a slightly human note , i know slightly human note, i know we're all supposed to despise him. and what with him. and what he did with epstein he's alleged to epstein and what he's alleged to have on, you know, if have done on, you know, if you're to travel to you're going to travel to something known as lolita island you're going to travel to some'shouldiown as lolita island you're going to travel to some'shouldiowcleverilita island you're going to travel to some'shouldiowcleverilita islato , you should be clever enough to know g

is it time for our charles to give andrew the chop? what do they even mean?ther, the queen. um, he's no longer styled hrh. he is, i think, bizarrely, a member of the privy council. i think if charles is abroad , he and harry and harry, abroad, he and harry and harry, another another rogue in the house, isn't he in windsor, i think? yes. still in the still in frogmore house or whatever. it's quite difficult to know. yeah. there's, there's, you know , about as disgraced he , he's about as disgraced as he can be. um, just to raise a slightly human note , i know slightly human note, i know we're all supposed to despise him. and what with him. and what he did with epstein he's alleged to epstein and what he's alleged to have on, you know, if have done on, you know, if you're to travel to you're going to travel to something known as lolita island you're going to travel to some'shouldiown as lolita island you're going to travel to some'shouldiowcleverilita island you're going to travel to some'shouldiowcleverilita islato , you should be clever enough to know getting