The UK’s ‘mortgage bomb’

Oil executives expressed their appetite for investing in the Middle East despite the war, the conflict has blown a near-£12bn hole in Britain’s public finances, and big investors are “bottom fishing” among beaten-down assets, including Italian bonds and corporate debt. Plus, Chin ...  Show more

Paramount Skydance is tackling a huge pile of debt following its takeover of Warner Bros Discovery, oil tanker captains are being paid rates equivalent to $100,000 a month for travelling through the Strait of Hormuz, and the UK’s tax authorities probed Manchester City in 2018. Pl ...  Show more

Last week the Bank of England put up interest rates to 5 per cent - a move that has already meant increased mortgage payments for many. So could this lead to a crash in the housing market? What can the government do to alleviate the pain for homeowners - and is inflation here to ...  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 Bank of England is expected to raise interest rates again this week, for the fourteenth consecutive time. The increase will hike the monthly repayments for anyone on a variable rate mortgage, for those trying to re-mortgage after coming off a fixed-rate and for first time ...

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