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gb news senior political commentator nigel nelson , and catherine mcbride, nelson, and catherine mcbride, economist and fellow at the centre for brexit policy. as always, as you know, i want to hear from you. it's a crucial part of the programme. email me mailmogg@gbnews.com . but now mailmogg@gbnews.com. but now it's what you've all been waiting for. the news bulletin with karen armstrong . with karen armstrong. >> thank you jacob. it's a minute past eight. i'm aaron armstrong . the chancellor has armstrong. the chancellor has cautioned the bank of england against cutting interest rates too quickly. the bank has decided to hold borrowing costs at the same level, 5.25, for a sixth time. but the governor, andrew bailey, says he's optimistic inflation will continue to fall and has suggested an interest rate cut could come as soon as next month . but jeremy hunt urged the bank not to take risks with inflation. >> i welcome the fact the bank of england has obviously thought about this very hard. they take this decision independently and i would much rather that they waited until their absolu
gb news senior political commentator nigel nelson , and catherine mcbride, nelson, and catherine mcbride, economist and fellow at the centre for brexit policy. as always, as you know, i want to hear from you. it's a crucial part of the programme. email me mailmogg@gbnews.com . but now mailmogg@gbnews.com. but now it's what you've all been waiting for. the news bulletin with karen armstrong . with karen armstrong. >> thank you jacob. it's a minute past eight. i'm aaron armstrong . the...
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May 26, 2024
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well, joining me to discuss this is the economist catherine mcbride . and catherine mcbride. and catherine, a pleasure to have your company. thank you very much. what's your view? i mean, is inheritance tax actually a big fund raiser for the treasury because it actually causes a fair amount of heartbreak for a lot of families, does it not? >> yes. and it's a very small earner. it made last year less than 1% of all of the money raised by the treasury , it's raised by the treasury, it's terribly unfair. it basically hits london in the south east more than any other part of the country, in fact, twice as many people in london paid inheritance tax than all of the people who paid it in scotland, wales and northern ireland added together it's very much a tax on london. it's very much a tax on property because anne was in a very nice position to have liquid assets that she could give away to her relatives, but most of the people who were hit by this have, wealth of between sort of one and £2 million, and it's generally tied up with the family house. so in order to give that away, t
well, joining me to discuss this is the economist catherine mcbride . and catherine mcbride. and catherine, a pleasure to have your company. thank you very much. what's your view? i mean, is inheritance tax actually a big fund raiser for the treasury because it actually causes a fair amount of heartbreak for a lot of families, does it not? >> yes. and it's a very small earner. it made last year less than 1% of all of the money raised by the treasury , it's raised by the treasury, it's...
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May 10, 2024
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gb news is senior political commentator nigel nelson and catherine mcbride, economist and fellow at the centre for brexit policy. catherine, how do we continue with this nonsense? >> i have no idea because once you've said we don't need this, the house of parliament is a very diverse place. the conservative party has a very diverse place, so it's not. and, so why why do we need this, what do they do? this is the million dollar question. what do you do for £70,000? >> what you do is you manage inclusion and diversity. and the question comes down to that mean , well, what what it means is that, you get fresh ideas that if you can have a diverse and inclusive workforce, you get more innovation, fresh ideas around the house of commons, you've got a very diverse workforce in the house of commons. yeah, but but it also has to be managed. so what you need has to be managed as workforce. >> but you don't need to manage the diversity. >> you don't believe in it, but you don't believe in inclusion and diversity anyway. i believe in good quality people getting through. >> right. and the house of
gb news is senior political commentator nigel nelson and catherine mcbride, economist and fellow at the centre for brexit policy. catherine, how do we continue with this nonsense? >> i have no idea because once you've said we don't need this, the house of parliament is a very diverse place. the conservative party has a very diverse place, so it's not. and, so why why do we need this, what do they do? this is the million dollar question. what do you do for £70,000? >> what you do is...
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gb news senior political commentator nigel nelson , and catherine mcbride, nelson, and catherine mcbride, economist and fellow at the centre for brexit policy. as always, as you know, i want to hear from you. it's a crucial part of the programme. email me mailmogg@gbnews.com . but now mailmogg@gbnews.com. but now it's what you've all been waiting for. the news bulletin with karen armstrong . with karen armstrong. >> thank you jacob. it's a minute past eight. i'm aaron armstrong . the chancellor has armstrong. the chancellor has cautioned the bank of england against cutting interest rates too quickly. the bank has decided to hold borrowing costs at the same level, 5.25, for a sixth time. but the governor, andrew bailey, says he's optimistic inflation will continue to fall and has suggested an interest rate cut could come as soon as next month . but jeremy hunt urged the bank not to take risks with inflation. >> i welcome the fact the bank of england has obviously thought about this very hard. they take this decision independently and i would much rather that they waited until their absolu
gb news senior political commentator nigel nelson , and catherine mcbride, nelson, and catherine mcbride, economist and fellow at the centre for brexit policy. as always, as you know, i want to hear from you. it's a crucial part of the programme. email me mailmogg@gbnews.com . but now mailmogg@gbnews.com. but now it's what you've all been waiting for. the news bulletin with karen armstrong . with karen armstrong. >> thank you jacob. it's a minute past eight. i'm aaron armstrong . the...
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gb news senior political commentator nigel nelson , and catherine mcbride, nelson, and catherine mcbride, economist and fellow at the centre for brexit policy. as always, as you know, i want to hear from you. it's a crucial part of the programme. email me mailmogg@gbnews.com . but now mailmogg@gbnews.com. but now it's what you've all been waiting for. the news bulletin with karen armstrong . with karen armstrong. >> thank you jacob. it's a minute past eight. i'm aaron armstrong . the chancellor has armstrong. the chancellor has cautioned
gb news senior political commentator nigel nelson , and catherine mcbride, nelson, and catherine mcbride, economist and fellow at the centre for brexit policy. as always, as you know, i want to hear from you. it's a crucial part of the programme. email me mailmogg@gbnews.com . but now mailmogg@gbnews.com. but now it's what you've all been waiting for. the news bulletin with karen armstrong . with karen armstrong. >> thank you jacob. it's a minute past eight. i'm aaron armstrong . the...