Timothy Sumer

What is the UK inflation rate and why is it so high? I explain what inflation is and how its affected by various factors, how interest rates play a role in this and when we can expect the UK inflation to normalise again. Check out my links below💻🖥️. It really helps me out if you use these ♥️ 📈 Start investing with InvestEngine. Receive a £25 welcome bonus when you sign up and top up £100 (terms & conditions apply). InvestEngine® is a trading name of InvestEngine (UK) Limited, a company incorporated in the UK with company number 10438231. InvestEngine (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN: 801128). Capital at risk. Get a free share with Trading212 📈: Join Trading 212 Invest with my link, and we will both get free shares: Instagram(s):📷📸 I respond to all messages on here My Camera Gear 📷🎥 If you buy from here, I get a small kickback at no extra cost to you. Please note: I am not a financial advisor, none o

GET A FREE TRANSFER OF UP TO £500 WITH WISE Offer valid for new customers only on the first transfer UK Inflation data for April came in at 8.7% - above all expectations with food inflation sitting at a huge 19.1%. The big problem is that the only reason UK inflation fell is because of the price energy cap increase from last April falling out of the data. I go through the data and cover the Bank of England's testimony in UK Parliament yesterday. ☕️ JOIN MY PATREON - DISCORD, BONUS VIDEOS, TARGET PRICES, MODELS & MORE 💵 GREAT INVESTING APPS I USE INTERACTIVE BROKERS (Global - Main investing app I use) GET A FREE SHARE WORTH UP TO £100 WITH TRADING 212 (UK & Europe) You need to sign up and make a deposit within 10 days to get a free share. GET A $10 BONUS WITH LIGHTYEAR (UK & Europe) You need to use promo code "Sasha" and the bonus is awarded after your first trade. DISCLAIMER: Your capital is at risk. DISCLAIMER: Some of these links m

UK Inflation is destroying the UK Economy. This week the UK inflation rate was reported at 7.9%, a drop from 8.7% from the prior month. This means consumer prices are still up 7.9% from last year and WAY above the Bank of England target inflation rate of 2%. In conjunction with this, the Bank of England have hiked interest rates to 5%, up from the 0.1% they were just a couple of years ago, putting ever more financial stress on the UK public and taking the cost of living crisis to another level. Here are my thoughts on this latest piece of economic data and what I think the UK government and Bank of England should do about it... Recommended Platforms & Tools: 💰 Up To £100 FREE Share With Trading 212 Use PROMO Code “MITCH”: 📬 Subscribe To The FREE Weekly Market Memo: 📈 Learn How To Build Wealth With Investing: 📷 Instagram: @mitchinvesting #Inflation #InterestRates #BankofEngland *Disclaimer: Your capital is at risk. Some of these links may be affiliate links.