How Bank of England base rate rise to 5% could impact people with all types of mortgage Chancellor Jeremy Hunt and major banks agreed measures on Friday to help ease the pain of rising rates. Daily Record · Jun 23, 2023
Martin Lewis fumes 'it's absolutely outrageous' that savers are not getting better rates The money-saving expert explained how those affected are being hit by higher rates Manchester Evening News · Jun 23, 2023
Bank of England and lenders are pulling in the opposite direction City comment: As long as the Government keeps applying pressure to lower borrowing costs, bank shares are a clear sell Evening Standard · Jun 23, 2023
Martin Lewis slams 'absolutely outrageous' delay for savers The Money Saving Expert spoke out after meeting with chancellor Jeremy Hunt Liverpool Echo · Jun 23, 2023
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 · Jun 23, 2023
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 · Jun 23, 2023
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 · Jun 23, 2023
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 · Jun 23, 2023
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 · Jun 23, 2023
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 · Jun 23, 2023
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 · Jun 22, 2023
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 · Jun 22, 2023
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 · Jun 22, 2023
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 · Jun 22, 2023
Daily Mirror · Jun 22, 2023 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 Record · Jun 22, 2023 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.
The Independent UK · Jun 22, 2023 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
Wales Online · Jun 22, 2023 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
The Independent UK · Jun 22, 2023 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 · Jun 22, 2023 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 · Jun 22, 2023 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) · Jun 22, 2023 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…
Wales Online · Jun 22, 2023 Unexpectedly high interest rate rise puts more pressure on mortgage holders Rates are now at the highest level in almost 15 years
Insider UK · Jun 22, 2023 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 · Jun 22, 2023 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