Rates have gone up again, for the 14th time in a row. The Bank Of England has put up its main rate from 5 to 5. 25 . That will mean higher mortgages for some people, but its also good news for savers. The Bank Of England is using Interest Rate rises to fight inflation, which has slowed recently, but which is still nearly 8 . Our economics correspondent andy verity reports the father of two, peter, keeping up the payments for his familys mortgages looking like anything but childs play. They bought their home under the governments help to buy scheme, but since then Interest Rates have risen 1a times. When his fixed rate deal expires early next year, the payments willjump. Somehow we are supposed to spend less and find an extra £750 per month to pay for that. For many families it is a terrifying situation, but if you have a young family like ourselves, who have been swayed into the Housing Market by government who has advertised help to buy as an affordable scheme, right, when things bec
Growing at a slower rate for the past two months, but inflation remains at nearly 8 , four times higher than the official target. Hannah miller has this report. For father of two peter, sorting out the Family Finances is proving hard. He and his wife bought their first home using the help to buy scheme. But when their mortgage comes up for renewal early next year, theyll have to find an extra £750 a month in repayments. Somehow were supposed to spend less and find £750 extra a month to pay for that. So, you know, for many families, its a terrifying situation. If you have young families like ourselves who have been swayed into the Housing Market by government, whose advertised help to buy as an affordable scheme, right, when things become unaffordable, you cant simply turn around and say, thats your problem. A rise of 0. 25 Percentage Points would take the Bank Of Englands base rate to 5. 25 , the highest since april 2008. For someone with an average Tracker Mortgage of £200,000, tha
For a mugshot, but he did have his fingerprints taken. His Court Appearance took place just blocks from the us Capitol Building, where the events of january 6th played out. The Special Prosecutor alleges in his indictment that the former president fuelled the attack by Sowing Distrust in the 2020 election. The charges mr trump is facing include conspiracy to defraud the United States and conspiracy to obstruct an official proceeding, namely his attempt to stop the counting of the vote. Protests took place outside the District Court in washington, dc on thursday, as the former president faced the charges inside. Some were anti trump demonstrators, and some were his supporters, who waved the american flag. Before boaring his plane to travel back to newjersey, mr trump spoke briefly to reporters. He described the charges as the persecution of a political opponent. This is a very sad day for america. And it was also very sad driving through washington, dc and seeing the filth and the decay
Our washington correspondent, sean dilley, reports. We love trump hes the first president to be charged with a federal crime and if previous cases are anything to go by, Donald Trumps 30 indictment is only likely to boost popularity with republican voters. The charges he faces though are serious. The 45 Page Indictment accuses the former president of knowingly spreading false claims about election fraud, to trick and persuade states in helping him overturn the Election Results. Helping him overturn the Election Results. The attack on our nations Election Results. The attack on our nations i Election Results. The attack on our nations i january Election Results. The attack on our nations ijanuary six, our nations ijanuary six, 2021, was an unprecedented assault on the seat of american democracy. It is described in indictment, it was fuelled by lies. Lies by the defendant, targeted at obstructing a Bedrock Function of the us government, the nations process of collecting, counting and cer