Money
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Nils Pratley on financeLet’s not pretend Labour has found a way to defuse the ‘mortgage timebomb’Starmer and his party seem to have concluded direct support for homeowners cannot be justified – but it’s smart politics to be seen to take on the banks
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Expected surge in costs by 2025 likely to hit people in 30s hardest, says Institute for Fiscal Studies report
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There’s only one way to tackle Britain’s mortgage meltdown – get the banks to cough up
John McDonnellThe big five owe the public for the 2008 bailout – and they are taking in enormous profits while many homeowners and renters struggle, says former chancellor John McDonnell -
In today’s newsletter: Rising inflation and interest rates mean real pain for homeowners – with few signs of relief on the way
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This online tool will help you discover what is contributing to your household’s cost of living increases
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Comments come as data shows average two-year fixed rate rises to 6.07%, and five-year to 5.72%
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