The boss of supermarket giant Tesco has warned how millions of households will be hit by higher mortgage repayments if interest rates keep rising.
John Allen, chairman of Tesco, said some people will face hardship this winter, on top of increased costs of food and energy.
"The reality is that the movement in interest rates is now going to lead to much higher mortgage [repayments] for millions of people," he said in an appearance on the BBC Laura Kuenssberg programme on Sunday.
