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Looking at these yearly figures, but we also had the worst 2020, as well. we should not forget that, as well. but, yes, these figures are encouraging. if you are in the hospitality and retail sectors you may be thinking, where is this growth? we were hit quite hard by the omicron variant, especially those two sectors, and the economy looks like it is recovering. last week the bank of england downgraded its forecast for 2022 growth, saying the economy would grow by 3.75%. so there are headwinds ahead. we have there are headwinds ahead. we have the energy bills and the price cap coming on in apr...

Question. so as you just mentioned, we had the highest growth since i believe the early 1940s in 2021. now that coupled up with a big drop in the size of the labour force. they still have about a million workers missing who have either dropped out of the workforce, they could have moved out of the uk, so there is a lot of pressure on wages, which is feeding into the high levels of inflation, along with the higher energy prices and higher input prices overall. so all of that is contributing to a higher price level and a lot of people are wondering just how high of a raise they would need this y...

So all of that is contributing to a higher price level and a lot of people are wondering just how high of arrays they would need this yearjust to keep up. and the predictions are dated get as high as 7%, even higher, so a national growth would be 5%, they revised it down to 3.75%. there was good news from 2021, higher growth than expected, a tricky year ahead for most households where their wages will not be keeping up with price increases. the defence secretary, ben wallace, will meet his russian counterpart in moscow later, as part of diplomatic efforts to lower tensions on ukraine's border....

Will be assessed for 2021. let's have a look at how things are looking. good news in november, results show that the economy grew in that month to close by 1%, taking the overall size of gdp back to pre—pandemic levels. in 2021, it is expected that the economy will have grown by 6%, much higher than pre—pandemic levels, but don't forget in 2020, it contracted by 10%, so it is a low baseline. undoubtedly we are crawling out of this, 0micron is proving manageable, restrictions are easing, but looking ahead to 2022, deep scars after two years of restrictions mean that the bank of england whic...

>> former treasury official -- >> calls me at some strange times of the night talking about charts. >> steve ratner. >> all right. parent, wake your kids up. they've been asking you, mom, mom, help me out here. >> yeah. >> what are interest rates going to do to mortgages and growth pattern -- >> actually, what's going on with the housing market? >> so here you are, the kids ask for it, ratner, here you are, giving us the answers. what do you got? >> ready to perform on demand, joe, as always, and mental note, do not face time you between 6:00 and 9:00 eastern. won't happen from me anyway. >> a...