Targeted in place already. Banks need to make sure that if someone comes to them to say i was struck with my mortgage this month because it has gone up by a massive amount thanks to Interest Rate rises and looks set to increase again tomorrow, those banks need to tell customers, we can sort you out with a mortgage holiday, an extension to your term it or even shifting temporarily to an interest only mortgage. Those are things that banks have the power to do. And supermarkets play such an important role, we have seen 26 inflation in the last four years in the food industry, so if supermarkets can move the budget ranges they have an out of into convenience stores, that would help people. Would help people. Research also found that people would help people. Research also found that people werent would help people. Research also i found that people werent optimistic that their situation would improve. What have you learned about what the trends could be Going Forward . I join them and that
Transcripts for BBCNEWS BBC News 20240604 12:59:15
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