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BBCNEWS BBC July 4, 2024

Targeted in place already. Banks need to make sure that if someone comes to them to say i was struck with my mortgage this month because it has gone up by a massive amount thanks to Interest Rate rises and looks set to increase again tomorrow, those banks need to tell customers, we can sort you out with a mortgage holiday, an extension to your term it or even shifting temporarily to an interest only mortgage. Those are things that banks have the power to do. And supermarkets play such an important role, we have seen 26 inflation in the last four years in the food industry, so if supermarkets can move the budget ranges they have an out of into convenience stores, that would help people. Would help people. Research also found that people would help people. Research also found that people werent would help people. Research also i found that people werent optimistic that their situation would improve. What have you learned about what t ....

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BBCNEWS Breakfast July 5, 2024

good morning from the london stadium, which has been transformed as major league baseball comes to the uk for only the second time. two games this weekend. many people believe the sport first started near here, baseball is coming home. a bit of rain and when the sun comes out it will feel quite humid and hot. more details coming up here on breakfast. it s friday, the 23rd ofjune. tributes are being paid to five men, who died on board the titan submersible after it imploded near the wreck of the titanic. the five day search ended after debris was found on the sea bed. our correspondent, jessica parker, joins us now from boston, where the rescue efforts were being coordinated. let s speak to jessica now. let s speak tojessica now. good morning. we had that moment of course yesterday evening uk time when the news was broken that this debris had been found and the assumption made that all five on board were killed. my apologies. as he can see, we have one or two problems wi ....

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BBCNEWS Newsnight July 5, 2024

as though in some southern areas, and weather warning by the weekend, temperatures could be approaching 30. but not for everybody. for many it would be in the low, mid 20s. this wonderful picture which i showed you earlier on, this cloud scope taken earlier today injersey. thank you very much. that is is the mortage misery time bomb about to explode? new inflation figures and an announcement on interest rates due in the next 48 hours. todayjeremy hunt said giving financial support to mortgage holders could drive inflation higher. we ll talk to economists from the left and right, and a spokesman for the uk banking industry. also tonight, it s a year since the us supreme court made its historic decision to reverse roe v wade, thus allowing american states to block women from accessing an abortion. anna collinson travels from florida to alabama to speak to medics and women. shejust told me, it s not going to make it. she got kind of choked up, actually, saying, i wish t ....

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BBCNEWS BBC News June 4, 2024 12:46:00

Targeted in place already. banks need to make sure that if someone comes to them to say i was struck with my mortgage this month because it has gone up by a massive amount thanks to interest rate rises and looks set to increase again tomorrow, those banks need to tell customers, we can sort you out with a mortgage holiday, an extension to your term it or even shifting temporarily to an interest only mortgage. those are things that banks have the power to do. and supermarkets play such an important role, we have seen 26% inflation in the last four years in the food industry, so if supermarkets can move the budget ranges they have an out of into convenience stores, that would help people. would help people. research also found that people would help people. research also found that people weren t - would help people. research also i found that people weren t optimistic that their situation would improve. what have you learned about what the ....

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BBCNEWS BBC News June 4, 2024 04:24:00

Who knows? the higher rate should deliver a bit more cash into the accounts of savers, but will bring bigger bills for some homeowners and pressure to the rental market, and impact other loans, too. to get to work, we ve got cars and stuff to pay for, as well. and on top of that, there s gas bills, electric bills, and.it s just too hard. interest rates have been increased to 5%, which has pushed average two year fixed mortgage rates up to 6.15%. the bank of england say the increase is needed to help calm price rises on everything else, getting inflation down to their target rate of 2%. but it ll bring a huge shock for hundreds of thousands of households remortgaging in the next few months. if you re worried about being able to make your mortgage payments, then speak to your lender they may be able to reduce your payments or give you a mortgage holiday. there are pros and cons of all of these things, so do talk to an expert but you may be able to extend ....

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