Piers Morgan Uncensored: GBP at record low & Greg Norman
Piers Morgan Uncensored
Piers Morgan Uncensored
3.7 • 650 Ratings
🗓️ 26 September 2022
⏱️ 46 minutes
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| 0:00.0 | Tonight, our Peers Morgan uncensored, market mayhem, as the pound tanks against the dollar, |
| 0:06.0 | as Britain's big tax cat gamble failed. |
| 0:09.0 | After their momentary truce for mourning, another weekend of revelations on the Royal Rift, |
| 0:14.0 | is there any road to redemption for Harry and Megan? |
| 0:19.0 | Engulfing legend Greg Norman opens up exclusively on the biggest rift in world sport. |
| 0:28.5 | Live from London, this is Piers Morgan Uncensored. |
| 0:33.8 | Well, good evening from London. Welcome to Piers Morgan Uncensored. |
| 0:36.2 | The Conservative Party used to be seen as a safe pair of hands for the British economy. Right now, those hands are throwing down cash at a roulette table. And it's not their money. It's yours. With their massive tax cuts, mostly for the rich, Prime Minister Liz Trust and Chancellor Kwazzi Quarteng have taken a reckless gamble with our economy, |
| 0:55.6 | and so far that gamble is failing. The pound tanked to an all-time record low against the dollar |
| 1:01.1 | today. That's not just some kind of psychological blow for the nation, or an inconvenience for tourists. |
| 1:06.4 | Put simply, it means you will get poorer. It means the things Britain sells get cheaper, the things |
| 1:11.8 | we buy get more expensive, including energy, in the middle of an energy crisis. It means the cost |
| 1:16.9 | to borrowing rockets, too. At exactly the moment that Liz Trust plans to spend more and less tax, |
| 1:22.1 | and tax less, all by piling up billions in debt, well, you haven't got to be an economist |
| 1:26.7 | to find all this pretty |
| 1:27.9 | terrifying. But plenty of economists do find it terrifying. What's happening today is nothing less |
| 1:33.1 | than a massive vote of no confidence in the new prime minister from the markets. So, |
| 1:38.1 | wonder, there are already rumors swirling among Tories writing letters of no confidence in it. |
| 1:43.4 | It's all smacks of casino politics. |
| 1:46.3 | And his trust is rolling the dice with our entire British finances. Meanwhile, the Bank of England |
| 1:51.6 | Governor Andrew Bailey sent out to put out the fire, managed to inflame it by telling us he won't |
| 1:57.2 | hesitate to raise interest rates in a statement in which he said he was hesitating |
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