More Mortgage Misery: Climbing Rates Pile Pressure On Government

More Mortgage Misery: Climbing Rates Pile Pressure On Government

By Bloomberg

Two-year fixed mortgage rates have passed 6% for the first time this year, close to their highest level in 14 years, ahead of this week's Bank of England decision. How should the government respond? We get analysis from John Stepek who edits the Bloomberg Money Distilled newsletter. In another headache for Rishi Sunak, MPs are deciding how to vote on the Partygate report, which found Boris Johnson deliberately misled parliament over gatherings during lockdown. Our UK Government Editor Alex Morales has the details. Hosted by Yuan Potts, Lizzy Burden and Stephen Carroll. 

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