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The Latest Breaking News from Jeremy Hunt

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)

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Unexpectedly high interest rate rise puts more pressure on mortgage holders

Rates are now at the highest level in almost 15 years

Wales Online

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

Insider UK

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

Liverpool Echo

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

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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

The Independent UK

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 National (Scotland)

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 Independent 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

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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

The Independent UK

Labour would force banks to help struggling borrowers to diffuse ‘mortgage bomb’

Chancellor Jeremy Hunt was accused by his Labour shadow Rachel Reeves of ‘standing by’ as millions struggle.

Daily Mirror

'Bank of England is fighting economic firestorm caused by Tory arsonists running country'

In the face of this growing disaster, Chancellor Jeremy Hunt has acted like a rabbit transfixed by the headlights of a super truck

Daily Mirror

Tories inflicting 'living nightmare' of rampant inflation and soaring mortgages on UK

With another Bank of England rate hike predicted for today, the Government is accused of being out of ideas and clueless about people’s financial predicament

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Daily Mirror

Jeremy Hunt admits 'one thing' might have slowed Covid - but ministers thought they 'knew best'

The former Health Secretary told the Covid-19 Inquiry that Britain wrongly prepared for flu and mistakenly assumed herd immunity was inevitable

The Independent UK

Rishi Sunak warned of ‘serious shock’ for mortgage holders as Bank of England poised to raise interest rates

Experts warn 1.4m homeowners will see a fifth of their disposable income wiped out by soaring mortgage rates

Evening Standard

Covid Inquiry: UK could have avoided lockdowns with quarantine, says Hunt

The UK’s first Covid lockdown may have been avoided if the country had put more effort into quarantining at the start of the pandemic, former health secretary Jeremy Hunt has said.

The Independent UK

Flu-based pandemic prep meant herd immunity was seen as ‘inevitable’ – Hunt

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

The Guardian - UK

Has Rishi Sunak been taking honesty lessons from Boris Johnson?

The speaker had to step in after the PM’s claims about the economy stretched the credulity of at least one member at PMQ

Daily Mirror

Interest rate hikes could see 1.4million Brits lose 20% of disposable income

The Bank of England is expected to raise the base rate - which influences interest rates lenders charge for mortgages, loans and other types of credit - again tomorrow in an effort to curb inflation

The Guardian - UK

UK government debt rises above 100% of GDP for first time since 1961

In blow to Rishi Sunak’s plans to cut taxes before general election, net debt reached £2.6tn at of end of May

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