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The Latest Breaking News from Jeremy Hunt

Martin Lewis shares vital verdict on Jeremy Hunt's mortgage help announcement

Yesterday the Bank of England upped its base interest rate to 5% and the Money Saving Expert responded by saying that "help was desperately needed"

Daily Mirror

Jeremy Hunt agrees plan to help struggling mortgage holders

The Chancellor has agreed measures with lenders in the wake of a Bank of England interest rate hike

Liverpool Echo

Chancellor Jeremy Hunt announces more flexibility for struggling mortgage holders

Mortgage holders allowed to switch to interest-only for six months without impacting credit score

Evening Standard

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New mortgage rules announced to cut bill and stop people losing their homes

Chancellor Jeremy Hunt has agreed three key rules with banks and other lenders

Wales Online

Jeremy Hunt announces bank measures for mortgage holders - but no Government help

It comes after the Bank of England hiked interest rates to 5% - piling mortgage misery on cash-strapped families

Daily Mirror

OPINION - The Standard View: There are bad ideas, and then there is mortgage relief amid soaring inflation

In politics there are bad ideas, then there are really terrible ideas and, finally, there are mortgage relief schemes at a time of soaring inflation. Such a policy would, as Chancellor Jeremy Hunt himself has admitted, make the current situation “worse, not better”. And yet, opportunists can sense their moment.

Evening Standard

How Bank of England base rate rise to 5% could impact people with all types of mortgage

Chancellor Jeremy Hunt and major banks agreed measures on Friday to help ease the pain of rising rates.

Daily Record

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Martin Lewis fumes 'it's absolutely outrageous' that savers are not getting better rates

The money-saving expert explained how those affected are being hit by higher rates

Manchester Evening News

Bank of England and lenders are pulling in the opposite direction

City comment: As long as the Government keeps applying pressure to lower borrowing costs, bank shares are a clear sell

Evening Standard

Martin Lewis slams 'absolutely outrageous' delay for savers

The Money Saving Expert spoke out after meeting with chancellor Jeremy Hunt

Liverpool Echo

Martin Lewis hits out at 'outrageous' bank behaviour after he meets Chancellor

The Money Saving Expert says mortgage holders are being deliberately targeted and savers disadvantged

Nottingham Post

Inside Covid Inquiry Week Two - blame, denials, heckles, Tory cuts and tears

Politicians, top scientists and medics have given evidence to the Covid Inquiry so far, as it kicked off its investigation with a focus on how well the UK was prepared for the arrival of the virus

Daily Mirror

Martin Lewis criticises ‘outrageous’ lag in savings rates behind borrowing rates

Savings rates should be put up at least with the same rate as borrowing, Martin Lewis told ITV’s Good Morning Britain.

The Independent UK

Mortgage crisis: UK lenders agree to 12-month grace period on repossessions

Measure among three agreed at meeting with chancellor to help struggling households after sharp rate hike

The Guardian - UK

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Birmingham Post

UK Government needs to take decisive action as mortgage costs soar on rising interest rates

Jeremy Hunt has to get lenders to do all they can to support hard pressed customers

The Guardian - UK

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 Independent 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 Week

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.

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Daily Mirror

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

The Independent UK

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

Daily Mirror

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 Record

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.

The Independent UK

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

Wales Online

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

The Independent UK

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.

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