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so what do you think to the strategy? is there any other option? what impact will it have on you? is it right to raise rates? what do you think? get in touch. here is the news. the bank of england is expected to raise interest rates again at midday for the thirteenth time in a row. it s trying to curb rising prices after figures published yesterday showed that inflation stalled last month at 8.7%. a specialist robot is on its way to the north atlantic to help with the search for a missing submersible with five people on board. the titan sub was on its way to see the titanic wreck. estimates suggest oxygen could run out later this morning. bbc analysis shows the uk had one of the worst increases in death rates of major european economies during the covid pandemic. it was 5% higher in the three years after march 2020 compared with the previous five years. services are taking places across the country to mark 75 years since caribbean migrants on the ship, empire windrush, ....
Britain faces a mortgage bomb as interest rates rocket and the property market looks set to implode. Yet there are still hopes that the damage can be contained. ....
Morning. welcome to the nation s - morning. welcome to the nation s phone - morning. welcome to the nation s phone in. from 10:00 professor sir chris whitty, england s chief medical officer, is set to appear at the covid inquiry and answer questions about the country s response to the pandemic. we ll bring you that live. but from 9:00, is it right to raise rates? at noon the bank of england is expected to announce its raising interest rates for a 13th consecutive time. june 2023 elected to be at least 4.75, maybe 5%. but higher rates means further pain for homeowners especially if you re on a tracker mortgage or coming to the end of a fixed deal. the so called mortgage bomb has become a huge issue for the government and the bank. the institute for fiscal studies warns that higher rates mean 1.4 million mortgage holders could lose a fifth of their disposable income. ....
The 'Mortgage Bomb' is about to explode, pauperising the middle class, with inflation shredding workers' wages! wrp.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wrp.org.uk Daily Mail and Mail on Sunday newspapers.