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
it will slowly move away. we have scattered showers here and there and thatis scattered showers here and there and that is what we are looking at today. gradually the rain is eating, into the afternoon across the south west of the channel islands. bits and pieces of rain in northern scotland, we cut to catch a shower anywhere, it could be heavy and thundery. south east scotland and northern england, the west midlands, in particular. temperatures today, 15 to 21 degrees. as we head through the evening and overnight, the show is that you can see in the charts move steadily towards the east. clearer skies in the west and south, fewer showers, clearer skies in the west and south, fewershowers, breezy clearer skies in the west and south, fewer showers, breezy as well especially in the west. these are the overnight temperatures, ten to 13. tomorrow the east will see many of the showers, especially lincolnshire, east anglia and the south east, but they could be heavy and thundery here. tomorr