All the updated news related to debt interest

All the news related to debt interest updated in real time

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Nearly 1m households face £500 monthly mortgage cost hike by end of 2026 – Bank

The boss of the Bank of England has said there “will be consequences” of higher borrowing costs, as nearly one million mortgage holders could see their monthly repayments increase by £500 or more over the next three years. Millions of households ...

12 Jul 2023 at 13:33

UK annual government borrowing higher than forecast in blow to Chancellor

Chancellor Jeremy Hunt has been dealt a blow after official figures revealed borrowing for the last financial year overshot forecasts, hitting £120.7 billion as wages and benefit payments soared. The Office for National Statistics (ONS) ...

23 Apr 2024 at 15:15

Borrowing surges to four-year high in blow to Chancellor

Borrowing surges by more than forecast in blow to Chancellor

Chancellor Rachel Reeves is facing further pressure over Britain’s public finances after official figures showed a bigger-than-expected surge in government borrowing last month to nearly £18 billion. The Office for National Statistics ...

22 Jan 2025 at 10:56

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