Wednesday briefing: How to solve the UK’s mortgage mess, as interest rates rise again
In today’s newsletter: Rising inflation and interest rates mean real pain for homeowners – with few signs of relief on the way
Britain remains ‘wildly under-resilient’, Covid inquiry hears
Oliver Letwin, who led emergency planning during coalition, says churn of ministers and officials is ‘disaster for country’
UK economy in growth ‘doom loop’ after decades of underinvestment
Institute for Public Policy Research points to £500bn-plus underspend compared with other advanced economies
Mortgage ‘catastrophe’ will lose us the election, warn Tory MPs
Members in marginal seats fear Conservative party leaders have not understood the impact of rate rises
UK homeowners face huge rise in payments when fixed-rate mortgages expire
More than 2.4m deals are ending in 2024, raising fears of financial timebomb
Sunak should never have made his woolly inflation pledge
The prime minister has set a target that was not in his power to deliver, and he ignored political convention to do so
UK has no choice but to raise interest rates to curb inflation, says Jeremy Hunt
Chancellor gives unstinting support to Bank of England as households brace for borrowing costs to rise again
UK exports in last decade worse than any G7 country except Japan
UN figures show value of British goods and services exports rose by 6% between 2012 and 2021, compared with 29.1% for EU
Urge to soothe markets may blunt Labour’s edge on Tories
Scaling back of green prosperity plan reflects a possibly costly desire to project fiscal stability
The Guardian view on broken Britain: it won’t be fixed with the status quo
Editorial: State-led public investment is needed to repair a decade of cuts. Labour should say so, not cleave to failed orthodoxies
Atlantic declaration shows Sunak and Biden’s willingness to simply make do
Although a slightly haphazard set of pledges, it accepts world has moved on from Brexit and 2019 UK election
Rishi Sunak and Joe Biden sign ‘Atlantic declaration’ but hope of trade deal ends
Landmark agreement moves UK firmly into US economic orbit but falls far short of full trade deal Tories promised in 2019
Biden and Sunak hold press conference as new transatlantic deal unveiled – as it happened
US president and UK prime minister announce plan to bolster economic security in response to China’s growing influence
Cameron-Osborne austerity years cost UK dearly when Covid struck, says TUC
Union body claims policies left Britain ‘hugely unprepared’, in report before opening hearing of inquiry
UK property market lacks spring bounce but a crash is unlikely
It’s reasonable to expect a fall in nominal house prices of at least 10%. That’s a chunky fall – and a welcome one