as though in some southern areas, and weather warning by the weekend, temperatures could be approaching 30. but not for everybody. for many it would be in the low, mid 20s. this wonderful picture which i showed you earlier on, this cloud scope taken earlier today injersey. thank you very much. that is is the mortage misery time bomb about to explode? new inflation figures and an announcement on interest rates due in the next 48 hours. todayjeremy hunt said giving financial support to mortgage holders could drive inflation higher. we ll talk to economists from the left and right, and a spokesman for the uk banking industry. also tonight, it s a year since the us supreme court made its historic decision to reverse roe v wade, thus allowing american states to block women from accessing an abortion. anna collinson travels from florida to alabama to speak to medics and women. shejust told me, it s not going to make it. she got kind of choked up, actually, saying, i wish there w
4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many people s lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13th time in a row? it many times, for the 13th time in a row? , ., . many times, for the 13th time in a row? ,., ,, many times, for the 13th time in a row? , ,,, row? it is not a surprise, but clearly the row? it is not a surprise, but clearly the impact row? it is not a surprise, but clearly the impact is - row? it is not a surprise, but clearly the impact is still - row? it is not a surprise, but| clearly the impact is still very real. it will make borrowing more expensive for many, many pe
much profit. should the banks be doing more? what? i much profit. should the banks be doing more? what? doing more? i think so. what? some are doinu doing more? i think so. what? some are doing things doing more? i think so. what? some are doing things like doing more? i think so. what? some are doing things like mortgage i are doing things like mortgage holidays and finding ways to support people but it is inconsistent and that s where the government should support in so there is a deal that is done across the piece. the key point, to your point on interest rates, interest rates are there to dampen demand. inflation is caused by the economy overheating, it makes sense. it is in the right tool. it s a blunt tool to deal with the inflationary pressures created by the supply side. we are using a policy tool that frankly isn t going to work against the problem but is going to hammerfamilies. it makes no sense. in going to hammer families. it makes no sense. , ., ., . ~ going to hamm
your head in the sand. it will affect your credit rating if you don t sorted your credit rating if you don t sorted out fairly quickly. get the phone sorted out fairly quickly. get the phone to sorted out fairly quickly. get the phone to your lender. sorted out fairly quickly. get the phone to your lender. what options do eo - le phone to your lender. what options do people have? phone to your lender. what options do people have? our phone to your lender. what options do people have? our mortgage - do people have? our mortgage holidays readily available? some lenders will holidays readily available? some lenders will maybe holidays readily available? some lenders will maybe allow - holidays readily available? some lenders will maybe allow you - holidays readily available? some lenders will maybe allow you to l lenders will maybe allow you to switch lenders will maybe allow you to switch to lenders will maybe allow you to switch to interest only for a little while,
them to pay upfront and faced the pain here and now. penny, for a lot of families, £200 is welcome, but that s a drop in the ocean if you re looking at a bill of £2000. luke s it is, and also, i know martin was saying this, it is, and also, i know martin was saying this. saying this, and i did grab a line where it talks saying this, and i did grab a line where it talks about saying this, and i did grab a line where it talks about subsequent years where it talks about subsequent years paying back loans as energy prices years paying back loans as energy prices faii years paying back loans as energy prices fall. and i thought they would. prices fall. and i thought they would, but will they and how far will they would, but will they and how far will they fall and when will they fall? will they fall and when will they fall? i will they fall and when will they fall? ithink will they fall and when will they fall? i think the problem will they fall and when will they fall?