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Jun 23, 2023
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peter ruddick reports. what will you do to help people with their mortgages?!e lenders meeting the chancellor this morning to discuss how they can support homeowners after a 13th interest rate rise in a row. in castleford, west yorkshire, the impact of the decisions made in london is already being felt. i have actuallyjust bought a house last month, bought a house last month, so, yeah, it affected us quite a lot. i have had a house below at a lower rate, it has doubled per month, it is a lot of money. it is the unknown of what will happen, if it will go up or down, and if we have made the right decision to fix for five years or should we have fixed for three and hope it would go lower? the bank of england increased rates by more than expected to 5%. it is supposed to try to calm price rises on everything else. inflation, the rate of the soaring cost of living, is way above the bank's 2% target. but it will bring a huge shock for the hundreds of thousands of households due to remortgage in the next couple of months, and it is notjust a problem for homeowners. la
peter ruddick reports. what will you do to help people with their mortgages?!e lenders meeting the chancellor this morning to discuss how they can support homeowners after a 13th interest rate rise in a row. in castleford, west yorkshire, the impact of the decisions made in london is already being felt. i have actuallyjust bought a house last month, bought a house last month, so, yeah, it affected us quite a lot. i have had a house below at a lower rate, it has doubled per month, it is a lot of...
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Jun 23, 2023
06/23
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this, let's talk to our political correspondent leila nathoo, and our money and work reporter peter ruddickpeter, we had the chancellor detailing what has been announced. walk us through what it means for our viewers. the walk us through what it means for our viewers-_ our viewers. the key thing here is that there is _ our viewers. the key thing here is that there is an _ our viewers. the key thing here is that there is an increased - that there is an increased flexibility for borrowers who are struggling. things like moving to interest only payments, extending your mortgage term, those kind of things are really important financial decisions with big implications that are not for everyone. the key is that now they will be able to make and reverse changes without any impact on your credit scores. that is something financial expert martin lewis has been calling for. the chancellor also mentioned being able to have a conversation with your lender without impacting your credit score. that was already available. a lot about today is an awareness exercise for people. they want to make sure that p
this, let's talk to our political correspondent leila nathoo, and our money and work reporter peter ruddickpeter, we had the chancellor detailing what has been announced. walk us through what it means for our viewers. the walk us through what it means for our viewers-_ our viewers. the key thing here is that there is _ our viewers. the key thing here is that there is an _ our viewers. the key thing here is that there is an increased - that there is an increased flexibility for borrowers who are...
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Jun 23, 2023
06/23
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peter ruddick, bbc news.ite to get an idea. head to bbc.co.uk/news or use the bbc news app. a 43—year—old man has been charged with attempted murder after two people were stabbed at central middlesex hospital in west london. matteo bottarelli has also been charged with threatening violence with a bladed article. the attacks took place on wednesday afternoon. the injuries of one of the men have been described as life—changing. ia,000 people did not vote in last month's local elections in england because they couldn't provide the right form of id, according to the electoral commission. it was the first time voters in great britain have had to show id. the policy has been in place in northern ireland for some time. 0ur political correspondent, damian grammaticas, has more from westminster. the requirement to show id is controversial, isn't it? that's right, this was the first set of elections in england where it was required. we know 5.5 million people roughly went to vote, fewer than i% were turned away because
peter ruddick, bbc news.ite to get an idea. head to bbc.co.uk/news or use the bbc news app. a 43—year—old man has been charged with attempted murder after two people were stabbed at central middlesex hospital in west london. matteo bottarelli has also been charged with threatening violence with a bladed article. the attacks took place on wednesday afternoon. the injuries of one of the men have been described as life—changing. ia,000 people did not vote in last month's local elections in...
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Jun 23, 2023
06/23
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peter ruddick, bbc news.ourt. the extension, which leaves the current restrictions on change, comes days after the brothers were indicted on charges, including human trafficking and forming a criminal organisation to sexually exploit women, which they both deny. his brother tristan and two female romanian associates were charged also. let's turn to ukraine now. the destruction left after the clock of a dam burst. ukraine has blamed russia for the attack, which has left communities struggling with what has been a humanitarian and environmental disaster —— the khakhova dam burst. take a look at these satellite pictures. it shows a destruction because they are. that is the reservoir upriver, dramatically shrinking and drying up. then if we look below the former dam, kherson, cleaning at their homes after water levels were never higher than their houses. dozens of people missing as russians continue to show the region. andrew harding sent this report. a boat beached on the roadside. plenty of puddles — and, in pl
peter ruddick, bbc news.ourt. the extension, which leaves the current restrictions on change, comes days after the brothers were indicted on charges, including human trafficking and forming a criminal organisation to sexually exploit women, which they both deny. his brother tristan and two female romanian associates were charged also. let's turn to ukraine now. the destruction left after the clock of a dam burst. ukraine has blamed russia for the attack, which has left communities struggling...
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Jun 23, 2023
06/23
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peter ruddick, bbc news. let's talk now to angus hanton.k you very much for coming on the programme. thank you very much for coming on the programme-— thank you very much for coming on the programme. thanks, hello. we are auoin to the programme. thanks, hello. we are going to talk — the programme. thanks, hello. we are going to talk quickly _ the programme. thanks, hello. we are going to talk quickly about _ going to talk quickly about intergenerational injustice. just quickly tell us what that means. we area we are a think tank researching fairness between generations, basically the younger generation have had a very poor deal in terms of housing, pension, incomes, the environ mental situation but also tax and this is central to the problem of payments for mortgages. let's get into that, then. now we know we talking about. fairness between the generations. this increase in interest rates, increasing therefore in mortgage cost. how does that play in? that affects the _ cost. how does that play in? that affects the younger _ cost. how does t
peter ruddick, bbc news. let's talk now to angus hanton.k you very much for coming on the programme. thank you very much for coming on the programme-— thank you very much for coming on the programme. thanks, hello. we are auoin to the programme. thanks, hello. we are going to talk — the programme. thanks, hello. we are going to talk quickly _ the programme. thanks, hello. we are going to talk quickly about _ going to talk quickly about intergenerational injustice. just quickly tell us what...
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Jun 28, 2023
06/23
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live now to our business correspondent peter ruddick who's in salford.case scenario of financial performance, supplies would continue, there is no question about that here. the government will take over if necessary. in the second question is around what is going on with thames water. the minister saying that essentially the sector as a whole is financially resilient and that individual companies's situations are up to that company and the regulator. we got a bit of information to a question, the minister saying there is a lot of work going on behind the scenes with thames water and there is a process in place if things get to the next stage. we know today thames water have come out with a statement to say they received £500 million revenue funding from the shareholders in march. there is a process under way in relation to further funding. process under way in relation to furtherfunding. the reports, we have not been able to confront them, are that the company is looking for another billion pounds from its shareholders to service its debt. the minister w
live now to our business correspondent peter ruddick who's in salford.case scenario of financial performance, supplies would continue, there is no question about that here. the government will take over if necessary. in the second question is around what is going on with thames water. the minister saying that essentially the sector as a whole is financially resilient and that individual companies's situations are up to that company and the regulator. we got a bit of information to a question,...