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Transcripts For BBCNEWS Breakfast 20240705

in their latest t20 match fresh hope for the world s largest colony of gannets off the east coast of scotland after thousands died last year from bird flu. good morning. we have some heavy and persistent rain coming into northern ireland as we go through today and then later into western scotland. a few scattered showers around but for many we will have a dry day with some sunshine, especially in the south and east. i will have all the details throughout the programme. good morning. it is thursdayjuly the 6th. our main story. the bosses of the four biggest banking groups are meeting the financial watchdog today to discuss concerns that interest rates on savings accounts aren t increasing as quickly as those for mortgages. the banks have denied accusations from mps that they ve been profiteering. our cost of living correspondent, colletta smith, reports. bank customers are feeling the pressure charged lots to borrow money, but given very little reward to save it. so today,

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UK household finances in a better place but pressures remain – UK Finance

Household Finance Review data for Q1 2024 released by UK Finance explores trends across household spending, saving, and borrowing

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Four-decade-long mortgages will 'come home to roost'

One in five mortgages for first-time buyers is for a term longer than 35 years - twice the proportion seen just two years ago. In 2005, it was only 2 per cent.

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Homeowner and BTL arrears rise in Q4: UK Finance – Mortgage Strategy

UK Finance’s latest quarterly arrears and possessions data shows an increase in arrears for both homeowner and BTL mortgages, in line with previously issued forecasts. The increase in arrears is driven by the combined impact of cost-of-living pressures and higher interest rates. In recent months, mortgage rates have

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Mortgage arrears rise as cost of living and high interest rates 'take their toll'

Mortgage arrears rise as cost of living and high interest rates 'take their toll'
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