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
no change in two of the big offices of state james cleverly remains foreign secretary and jeremy hunt stays at the treasury, suella braverman returns as home secretary less than a week after she resigned, and dominic raab is deputy prime minister. it comes as new figures show the task in hand with the price of some household basics soaring. you can see on the shelves when you go into the supermarket you have got to really think about making better choices. . , . , choices. ultimately the costings come down choices. ultimately the costings come down and choices. ultimately the costings come down and our choices. ultimately the costings come down and our peoples - choices. ultimately the costings - come down and our peoples income needs come down and our peoples income needs go come down and our peoples income needs go up. hello and welcome, whether you re watching on pbs, in the uk, or elsewhere around the world. we start here in london, where it s been another m