The Latest Breaking News from Jeremy Hunt

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.

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

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

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

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

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

Chancellor met with lenders to discuss what they can do to support struggling households

The Chancellor will meet with banks including HSBC and Santander.

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.