Rate Rise: Martin Lewis on what it means

Today, the US and Iran have been exchanging strikes after hostiles were renewed in the Strait of Hormuz overnight. Over 80 sites in Iran were targeted by the US, prompting the Islamic Revolutionary Guard to target US military sites in Bahrain and Kuwait.Donald Trump, speaking at ...  Show more

Today, Chris speaks to Sir Keir Starmer, the prime minister, about the resignation of his defence secretary John Healey, his plans for the Defence Investment Plan, and whether or not he’ll fight a potential leadership election.You can now listen to Newscast on a smart speaker. If ...  Show more

The Federal Reserve has once again raised interest rates, which means borrowing money for your mortgage or your business is once again more expensive. New York Times economics reporter Talmon Joseph Smith explains why this might keep happening. This episode was produced by Miles ...  Show more

The Bank of England has lifted its main interest rate by a quarter of a percentage point to 4.5 per cent, the 12th consecutive rise since December 2021. But if interest rates are going up, why are some mortgage lenders putting their rates down? Presenter Claer Barrett is joined i ...  Show more

The latest hot inflation data makes difficult reading for the Bank of England, which may have to raise interest rates further. And it’s a political hot potato for the PM, who has pledged to halve inflation by the end of the year. We get reaction from Exchequer Secretary to the Tr ...  Show more

The Bank of England’s 50 basis point interest rate rise is causing concern for the UK’s already-high mortgages, and Germany has signed another long-term deal to import more US liquefied natural gas. Plus, the FT’s Aanu Adeoye explains what’s at stake in Sierra Leone’s election ...