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The Latest Breaking News from Jeremy Hunt

Martin Lewis hits out at 'outrageous' bank behaviour after he meets Chancellor

The Money Saving Expert says mortgage holders are being deliberately targeted and savers disadvantged

Nottingham Post

Inside Covid Inquiry Week Two - blame, denials, heckles, Tory cuts and tears

Politicians, top scientists and medics have given evidence to the Covid Inquiry so far, as it kicked off its investigation with a focus on how well the UK was prepared for the arrival of the virus

Daily Mirror

Martin Lewis criticises ‘outrageous’ lag in savings rates behind borrowing rates

Savings rates should be put up at least with the same rate as borrowing, Martin Lewis told ITV’s Good Morning Britain.

The Independent UK

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Mortgage crisis: UK lenders agree to 12-month grace period on repossessions

Measure among three agreed at meeting with chancellor to help struggling households after sharp rate hike

The Guardian - UK

UK Government needs to take decisive action as mortgage costs soar on rising interest rates

Jeremy Hunt has to get lenders to do all they can to support hard pressed customers

Birmingham Post

UK mortgage holders to get 12-month grace period before repossessions after sharp rate hike – as it happened

Chancellor met with lenders to discuss what they can do to support struggling households

The Guardian - UK

Jeremy Hunt to meet with lenders as mortgage crisis worsens with rates hike

The Chancellor will meet with banks including HSBC and Santander.

The Independent UK

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Will interest rates come down again?

The Bank of England has increased its base interest rate from 4.5% to 5% in a bid to tame inflation. It is the 13th hike in row and the highest the rate has been for 15 years.

The Week

Chris Whitty tells Tories to invest in NHS to protect against future pandemics

England’s Chief Medical Officer appeared at the Covid Inquiry and rejected evidence from Chancellor Jeremy Hunt the previous day which blamed a focus on planning for a flu pandemic, rather than a coronavirus

Daily Mirror

Interest rates blame game erupts between Tories and Bank of England, as recession warnings grow

Bank governor Andrew Bailey fights for future – and blames company bosses for fuelling inflation with pay rises

The Independent UK

Martin Lewis verdict on interest rate hike as 'help is desperately needed'

Martin Lewis told his followers that they needed to spare a thought to mortgage prisoners who had been paying "over the odds" for 15 years and were now facing "totally unaffordable" 9% mortgages

Daily Mirror

Mortgage crisis set to escalate as Bank of England hikes interest rates to 5%

More than 1.4 million mortgage holders could lose at least a fifth of their disposable income in additional repayments.

Daily Record

Therapy or paying the bills: Choices facing desperate homeowners amid mortgage time bomb

As the Bank of England raises interest rates for the 13th consecutive time, households across the UK are sitting on top of a mortgage ticking time bomb

The Independent UK

Exactly what the interest rate hike means for you - and what you need to do

Some will see an immediate bill hike of almost £50, others will have to wait a while for it to take effect

Wales Online

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The Independent UK

What does the Bank of England base rate hike mean for homeowners?

The Bank of England base rate now stands at 5% after a 0.5 percentage point hike on Thursday.

Birmingham Post

Bank of England hikes interest rate to 5% to reach highest level in almost 15 years

The Bank's Monetary Policy Committee have voted to increase the base rate by 0.5% in a bid to bring inflation down

The Independent UK

Bank of England raises interest rates to 5% amid mortgage crisis

Bank of England governor Andrew Bailey warns further rises likely if inflation remains high as critics accuse him of being ‘asleep at the wheel’ in bid to curb spiralling prices

The National (Scotland)

Bank of England pushes interest rates to highest levels in almost 15 years

THE Bank of England has unexpectedly pushed up interest rates to 5 per cent, the highest rate in almost 15 years, as policymakers and the UK…

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news in one place.

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Wales Online

Unexpectedly high interest rate rise puts more pressure on mortgage holders

Rates are now at the highest level in almost 15 years

Insider UK

Bank of England raises interest rates to 5%

The Monetary Policy Committee votes in favour of raising rates for the the 13th time in a row

Liverpool Echo

Mortgage warning for millions as interest rates set to rise again today

The Bank of England is set to increase the base rate for the 13th time in a row

The Independent UK

June dates for DWP cost of living payments, benefits and pensions

Help available as more than 10m Britons struggling with bills, according to new study

The Independent UK

July dates for DWP cost of living payments, benefits and pensions

Food prices increasing at their fastest rate in almost 45 years, ONS has warned

The National (Scotland)

Bank to hike rates again as Rishi Sunak struggles to tackle rising inflation

Government under fire over mortgage crisis as Bank set to hike rates again

The Independent UK

Trigger recession to tame inflation, say economists – as Bank set to hike interest rates

‘There’s no other way around it’, says Jeremy Hunt adviser on looming UK recession

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