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British homeowners face soaring mortgage interest payments

Forecasts produced by the Office for Budget Responsibility alongside the Budget suggested homeowners will have to prepare for the biggest hike in interest payments since the financial crisis.

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Chancellor praises world famous Burnley market … while standing 20 miles away in BURY market

The Chancellor travelled to Bury, now in Greater Manchester, to carry out a round of TV interviews. But speaking to the BBC he described his surroundings as the world famous Burnley market .

Greater manchesterUnited kingdom generalUnited kingdomPaul johnsonMargaret thatcherBen thompsonBoris johnsonResolution foundationInstitute for fiscalCommittee of toryCorporation taxRishi sunakSouth westFiscal studiesDowning streetIncome tax

Real terms pay growth still weak, despite promise of higher wages

Real terms pay growth still weak, despite promise of higher wages
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Torsten bellResolution foundationOffice for budget responsibilityBudget responsibilityBoris budgetRishi sunakPrime minister

A trillion-pound Autumn Budget driven by tax and spending

The Chancellor used tax rises to start repairing the public finances but spending pressures could derail his hopes for a pre-election tax giveaway in 2023 or 2024.

George osborneBoris johnsonHome officeDepartment for educationResolution foundationOffice for budget responsibilityMinistry of defenceDepartment for health social careInstitute for fiscal studiesAutumn budgetSpending reviewBudget responsibilityBoris budgetRishi sunakPrime minister boris johnsonFiscal studies

30Y Gilts Soar Most Since Covid Crisis In Giant Short Squeeze After UK Slashes Debt Issuance

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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