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The Latest Breaking News from Jeremy Hunt

UK mortgage holders to get 12-month grace period before repossessions after sharp rate hike – as it happened

Chancellor met with lenders to discuss what they can do to support struggling households

The Guardian - UK

Jeremy Hunt to meet with lenders as mortgage crisis worsens with rates hike

The Chancellor will meet with banks including HSBC and Santander.

The Independent UK

Will interest rates come down again?

The Bank of England has increased its base interest rate from 4.5% to 5% in a bid to tame inflation. It is the 13th hike in row and the highest the rate has been for 15 years.

The Week

From analysis to the latest developments in health,
read the most diverse news in one place.

Chris Whitty tells Tories to invest in NHS to protect against future pandemics

England’s Chief Medical Officer appeared at the Covid Inquiry and rejected evidence from Chancellor Jeremy Hunt the previous day which blamed a focus on planning for a flu pandemic, rather than a coronavirus

Daily Mirror

Interest rates blame game erupts between Tories and Bank of England, as recession warnings grow

Bank governor Andrew Bailey fights for future – and blames company bosses for fuelling inflation with pay rises

The Independent UK

Martin Lewis verdict on interest rate hike as 'help is desperately needed'

Martin Lewis told his followers that they needed to spare a thought to mortgage prisoners who had been paying "over the odds" for 15 years and were now facing "totally unaffordable" 9% mortgages

Daily Mirror

Mortgage crisis set to escalate as Bank of England hikes interest rates to 5%

More than 1.4 million mortgage holders could lose at least a fifth of their disposable income in additional repayments.

Daily Record

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Therapy or paying the bills: Choices facing desperate homeowners amid mortgage time bomb

As the Bank of England raises interest rates for the 13th consecutive time, households across the UK are sitting on top of a mortgage ticking time bomb

The Independent UK

Exactly what the interest rate hike means for you - and what you need to do

Some will see an immediate bill hike of almost £50, others will have to wait a while for it to take effect

Wales Online

What does the Bank of England base rate hike mean for homeowners?

The Bank of England base rate now stands at 5% after a 0.5 percentage point hike on Thursday.

The Independent UK

Bank of England hikes interest rate to 5% to reach highest level in almost 15 years

The Bank's Monetary Policy Committee have voted to increase the base rate by 0.5% in a bid to bring inflation down

Birmingham Post

Bank of England raises interest rates to 5% amid mortgage crisis

Bank of England governor Andrew Bailey warns further rises likely if inflation remains high as critics accuse him of being ‘asleep at the wheel’ in bid to curb spiralling prices

The Independent UK

Bank of England pushes interest rates to highest levels in almost 15 years

THE Bank of England has unexpectedly pushed up interest rates to 5 per cent, the highest rate in almost 15 years, as policymakers and the UK…

The National (Scotland)

Unexpectedly high interest rate rise puts more pressure on mortgage holders

Rates are now at the highest level in almost 15 years

Wales Online

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Insider UK

Bank of England raises interest rates to 5%

The Monetary Policy Committee votes in favour of raising rates for the the 13th time in a row

Liverpool Echo

Mortgage warning for millions as interest rates set to rise again today

The Bank of England is set to increase the base rate for the 13th time in a row

The Independent UK

June dates for DWP cost of living payments, benefits and pensions

Help available as more than 10m Britons struggling with bills, according to new study

The Independent UK

July dates for DWP cost of living payments, benefits and pensions

Food prices increasing at their fastest rate in almost 45 years, ONS has warned

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news in one place.

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The National (Scotland)

Bank to hike rates again as Rishi Sunak struggles to tackle rising inflation

Government under fire over mortgage crisis as Bank set to hike rates again

The Independent UK

Trigger recession to tame inflation, say economists – as Bank set to hike interest rates

‘There’s no other way around it’, says Jeremy Hunt adviser on looming UK recession

The Independent UK

Interest rates – live: UK ‘set for recession’ as under-fire bank chief attacks businesses

Bank raises UK interest rate to 5 per cent from 4.5 per cent

The Independent UK

Hunt admits ‘groupthink’ led to ‘narrowness of thinking’ over pandemic preparedness

Chancellor Jeremy Hunt said he regretted not challenging ‘groupthink’ in the UK’s preparations while he was health secretary

The Independent UK

Rishi Sunak says he feels ‘deep moral responsibility’ to cut inflation

Prime minister to say it is imperative he ‘hold his nerve’ in commitment to half inflation

The Guardian - UK

Let’s not pretend Labour has found a way to defuse the ‘mortgage timebomb’

Starmer and his party seem to have concluded direct support for homeowners cannot be justified – but it’s smart politics to be seen to take on the banks

The Guardian - UK

Labour piles pressure on Sunak with plan to prevent ‘mortgage catastrophe’

Shadow chancellor Rachel Reeves says party would force banks to take a range of steps to protect borrowers

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