DreadPilotGagarin

joined 1 year ago
MODERATOR OF
 

Speirs Bruce Way opens in Granton today.

 

More than a quarter of UK homeowners on a fixed-rate mortgage are heading for sharp increase in monthly payments before the next election, in a financial timebomb that will rock the Conservatives just as voters prepare to choose the next government.

With the Bank of England expected to increase its key interest rate next week for the 13th time, figures shared with the Guardian by UK Finance, the banking industry trade body, show more than 2.4m fixed-rate homeowner deals will expire between now and the end of 2024.

The prospect of millions of households facing a dramatic rise in borrowing costs comes after a week of renewed turbulence in financial markets as City traders bet the Bank rate would reach close to 6% before Christmas.

 

From a grand project encompassing most of England's major cities, improving connections up to Scotland and most importantly, reducing congestion on the West Coast Mainline.

To a line from Old Oak Common, to Birmingham. Total. We need to be working on HS3 and HS4 right now, not cutting HS2 back to the bare minimum. Makes me so angry.

 

Anyone else from Edinburgh found their way over to feddit.uk? There may be just 1 total, but just in case, here's a place to chat about the Scottish capital.

Please say hello and introduce yourselves, if you're here