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The Independent UK

Business

Howard Mustoe

Mortgage pain to stay as government borrowing costs hit 27-year high

The Bank of England Inflation Bank of England First Direct

Homeowners are braced to pay high mortgage rates for longer as government borrowing costs have soared.

High government borrowing costs come amid fears that inflation is creeping up again, which could lead the Bank of England to keep rates on hold.

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Top stories on inkl right now

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The Times of India

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The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

USS Lincoln carrier to return to port in San Diego after record-breaking deployment – US politics live

Vessel spent over 260 consecutive days at sea without a port call, a US navy record

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