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and the rate of core inflation which strips out volatile items like food and fuel is actually going up. rising interest rates are piling the pressure on millions of mortgage borrowers here in the uk who are facing steep rises in monthly bills. the bbc has been hearing from some of them. rebecca from greater manchester, craig in cambridgeshire, and rose who lives in hampshire. just three homeowners out of hundreds of thousands of people facing a huge rise in their mortgage costs over the coming months. at this moment in time, at the end ofjune, i will make my final payment of £434 when my current deal ends, and thereafter i have been told to expect my payments will be over £1,800. i m currently paying £560 a month. at the end ofjuly, it will go on to variable and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact on our- expenditure and has an impact on the family as a whole. rose has already been cutting co ....
which strips out volatile items like food and fuel is actually going up! rising interest rates are piling the pressure on millions of mortgage borrowers here in the uk who are facing steep rises in monthly bills. lets hear from some of them. at this moment in time, at the end ofjune, i will make my final payment of £434 when my current deal ends. and thereafter i have been told to expect my payments will be over £1,800. i m currently paying £560 a month. at the end ofjuly, it will go onto variable, and it will go up to £1,200 a month. 0ur mortgage has gone up by over £2,200 a year. - it s a huge impact . on our expenditure, and it has a huge impacti on the family as a whole. the government s finance chief chancellor of the exchequerjeremy hunt says bailing out struggling borrowers only risks stoking inflation further no matter what the pressure from left, right or centre, we won t be pushed off course. because if we re going to help families, if we re going ....
savedit been fully restored after the public saved it from the scrapheap. the public have chosen its proper name. we will reveal that after eight o clock. we have got a few showers around today, particularly in central and eastern england. for the vast majority, a sunny and warm day. full forecast on breakfast. good morning. it s thursday, the 22nd ofjune. the bank of england is expected to raise interest rates again later today, as it tries to tackle rising prices. it comes after inflation remains much higher than expected, at 8.7%. ben s here with the details. it will be a significant day for a lot of household? it will be a significant day for a lot of household? . ,., , ., , lot of household? yeah, some people facin: this lot of household? yeah, some people facing this very lot of household? yeah, some people facing this very quickly lot of household? yeah, some people facing this very quickly indeed. - lot of household? yeah, some people facing this very quickly ind ....
Having there but it is semantic because having inflationjust means youre going having inflationjust means youre going to having inflationjust means youre going to slow the rate of growth so the only going to slow the rate of growth so the only way to tackle this as Wage Increases the only way to tackle this as Wage Increases. ,. ,. ,. , increases. You mention wages. Prices rise butiust increases. You mention wages. Prices rise butiust more increases. You mention wages. Prices rise butjust more slowly, increases. You mention wages. Prices rise butjust more slowly, if increases. You mention wages. Prices rise butjust more slowly, if we rise butjust more slowly, if we look at the times quickly, british workers 3 more than a year ago, we are going into the chamber. Its an opportunity to thank some of the leading architects of peaceful courage and pivotal role they played such a g ....
having there but it is semantic because having inflationjust means you re going having inflationjust means you re going to having inflationjust means you re going to slow the rate of growth so the only going to slow the rate of growth so the only way to tackle this as wage increases the only way to tackle this as wage increases. ., ., . , . , increases. you mention wages. prices rise butiust increases. you mention wages. prices rise butiust more increases. you mention wages. prices rise butjust more slowly, increases. you mention wages. prices rise butjust more slowly, if increases. you mention wages. prices rise butjust more slowly, if we - rise butjust more slowly, if we look at the times quickly, british workers 3% more than a year ago, we are going into the chamber. it s an opportunity to thank some of the leading architects of peaceful courage and pivotal role they played such a groundwork for a better future for the people of northern ireland. we will a ....