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The Latest Breaking News from Mini

First time buyers face £1200 jump in mortgage bills as war in Iran brings havoc to market

Lenders have been forced to reprice their deals faster than at any time since the mini-Budget in 2022 because of the turmoil in the gilts market

Evening Standard

McLaren's latest star shines bright on British F4 debut at Donington Park

Dries Van Langendonck celebrated his 15th birthday by qualifying on pole on his car racing debut and, after startline woe in race one, was triumphant in the finale. Elsewhere, dreaded track-limits penalties ripped up an on-track Mini result

Autosport

Queen Anula for the Bangalore Turf Club Ltd Trophy

Queen Anula favored in Bangalore Turf Club Ltd Trophy, with a ₹71,085 carryover to Mini jackpot pool.

The Hindu

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Mortgage market finally returning to pre-pandemic levels, Virgin Money says

According to Bank of England data, monthly mortgage approvals have remained between 10% and 20% below 2019 levels ever since the mini-Budget

Evening Standard

Mortgage rates could surpass mini-Budget peak to hit 15-year high, experts warn

Two-year fixed-rate residential mortgage reaches 6.63 per cent on Monday

The Independent UK

Bringing up Sunak’s wealth is ‘class warfare’, says Tory minister who claims food bank use ‘personal decision’

Voters ‘couldn’t care less’ if the PM is billionaire, says Johnny Mercer

The Independent UK

Entries open for Great North Run Junior and Mini events and they're set to be a sell-out

Here's how to enter for this September's Great North Run children and family events

Chronicle Live

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New threat of Tory infighting as Truss says: I’ll keep stating case for low tax

Liz Truss was prime minister for a mere 41 days

Evening Standard

Mortgage borrowing slumps by more than £1 billion as the fallout from the mini-Budget drags on

Mortgage approvals dropped to 35,600 in December, the lowest since May 2020.

Evening Standard

Paragon counts mini-Budget cost as buy-to-let loans shrink

Shares higher as overall lending rises even as mortgage market turmoil hits pipeline of new business

Evening Standard

Rishi Sunak says he's 'strengthened economy' - despite Brits facing recession

The Prime Minister clashed with the Labour leader Keir Starmer after a forecast suggested the UK faced the lowest growth on any G7 country over the next two years

Daily Mirror

Rayner demands general election after Hunt unveils ‘nightmare’ Budget

IFS warns UK economy damaged by series of own goals, including Liz Truss’s mini-Budget

The Independent UK

London house prices drop £13,000 in a month as jittery buyers step back from the market

The housing market is still feeling the effects of September’s mini-Budget

Evening Standard

Tax rises for everyone and big hikes to energy bills in Jeremy Hunt’s mini-Budget

Chancellor’s aim is to bring down inflation and make recession ‘as short and shallow as possible’

The Independent UK

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news in one place.

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Daily Mirror

Kwasi Kwarteng accused of 'rewriting history' as he passes blame for crashing the economy

Former chancellor Kwasi Kwarteng has claimed he pleaded with Liz Truss to "slow down" her tax cutting rampage - even though he went on TV two days after the mini-Budget to boast it was just the start

The National (Scotland)

Kwasi Kwarteng blames Liz Truss for economic fallout as UK recession looms

FORMER chancellor Kwasi Kwarteng has claimed he told Liz Truss she was “going too fast” with the disastrous mini-Budget as it emerged the…

Evening Standard

London property market sees demand for homes almost halved since disastrous mini-Budget

The fall in demand for homes is far greater in London than any other UK region.

Evening Standard

The Standard View: Spending cuts and tax rises will be a hard sell for No 10

The mood music emanating from the Treasury ahead of the November 17 Autumn Statement is funereal: tax rises and spending cuts are imminent. Amid anaemic economic growth and following a mini-Budget that spooked the markets and saw the cost of borrowing rise, there is a clear need to make the…

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news in one place.

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Daily Mirror

UK house prices FALL for first time in 15 months after Mini-Budget chaos, says Nationwide

Property prices fell 0.9% compared to September to £268,282, according to Nationwide Building Society, the first monthly drop since July 2021 and also the biggest decrease since June 2020

Nottingham Post

Mortgages set to rise £6,700 a year after mini-budget crashed the economy

Many economists are saying that the Monetary Policy Committee is likely to raise interest rates again

The Independent UK

General election now: Half of Tory voters now back vote as pressure builds on Sunak

New survey shows highest level of support for national vote since mini-Budget turmoil

The Independent UK

Rishi Sunak cabinet: Who’s in and who’s out, from Jeremy Hunt to Jacob Rees-Mogg

Jacob Rees-Mogg steps down as business secretary as new prime minister forms top team

Daily Mirror

Banks start cutting mortgage rates for first time since disastrous mini-Budget

Banks and building societies are starting to cut prices for their new mortgages, offering relief to struggling homeowners facing soaring home loan prices this year

Daily Mirror

Unapologetic Liz Truss stands by her disastrous policies in 3-minute farewell speech

Ms Truss announced her decision to resign to the nation last week after just 44 days in No10 - making her the country's shortest-serving Prime Minister

The Independent UK

Tory leadership timeline: When will we know who is UK’s next prime minister?

A new Tory PM will be selected by Friday - but could be crowned as early as Monday afternoon after deadline for candidates to hit 100 nominations

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