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‘Shock and awe’ interest rate rise leaves Sunak’s cost of living pledge in tatters

Bank raises base rate to 5% and is predicted to go to 6% as pressure grows on government to intervene

Published: 2:29 PM
World Bank offers developing countries debt pauses if hit by climate crisis

Published: 2:06 PM
Markets predict 6% UK interest rate by end of year

Published: 1:40 PM

Bank of England faces flak as economic history fails to repeat itself

Published: 8:34 AM
Bank of England raises interest rates by a half point to 5%

Published: 8:09 AM
‘This is ruining people’s lives’: homeowners hit by UK mortgage crisis speak out

Published: 1:00 AM
The climate crisis is this century’s biggest threat. We need a global finance pact that reflects the task ahead

Chris Bowen, Steven Guilbeault and James Shaw

Published: 12:57 AM

Published: 12:57 AM

Today in Focus
Britain’s mortgage timebomb

The Bank of England is expected to raise interest rates again today, leaving millions of homeowners facing higher costs. Richard Partington reports

Podcast

Published: 10:00 PM
Nils Pratley on finance
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

Published: 5:30 PM

Published: 5:30 PM
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

Published: 5:30 PM
Politics live with Andrew Sparrow
Jeremy Hunt tells Covid inquiry quarantining people sooner ‘might have avoided’ first lockdown – as it happened

Former health secretary says understanding important of early quarantining could have helped prevent disease spreading

Published: 12:54 PM

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