Families already crippled by soaring food and energy prices were yesterday dealt another blow with mortgage repayments rising due to another interest rate hike.
And homeowners were warned things could get even worse as Bank of England Governor Andrew Bailey could not rule out further rises in a bid to bring down rampant inflation.
Mr Bailey insisted the punishing wave of prices of goods has peaked and will ”fall sharply” when figures for April are released later this month.
