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Evening Standard
Evening Standard
World
David Bond,Jonathan Prynn,Rachael Burford and Oscar Williams-Grut

Boris Johnson sounds alert over mortgage payment hikes as cost of living crisis grows

Boris Johnson Oil British Petroleum Inflation Bank of England Britain Interest Rates

Prime Minister Boris Johnson

(Picture: PA Wire)

Millions of families have been warned that their mortgages could rise even further if Britain is hit by an inflationary spiral.

Boris Johnson issued the warning as he defended the government’s stance not to pump billions more into alleviating the cost of living crisis as energy bills soar and food prices rocket.

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