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Liverpool Echo
Liverpool Echo
Entertainment
Kate Lally

GMB guest issues warning over 'devastating' mortgage rate hikes

Good Morning Britain was back on Thursday, with hosts Susanna Reid and Ben Shephard at the helm of the daytime show.

As ever, they discussed the news and topics of the day, and were joined by a number of guests in the studio. Guardian journalist Owen Jones and Times journalist Quentin Letts were live on the programme as they considered the recent interest rate rise, with banks not passing on the increase to savers.

The conversation came as bank chiefs will today meet with Financial Conduct Authority (FCA) officials to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

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