Financial Times - Hunt summons banks for mortgage talks but rules out aid to homeowners

Summary of the front page

The Financial Times says Mr Hunt will meet with officials from the biggest banks on Friday to “assess the mortgage market and review what additional help they can provide for people struggling with their monthly repayments”, but has ruled out giving direct fiscal support to households. 

The paper quotes Hunt saying that pumping more money into the economy would push prices even higher and that he “won’t do anything that will prolong the inflationary agony that people are going through”.

The front page also reports on Hunter Biden’s pleading guilty to tax charges. 

Today's top stories

Like this article?

Leave a comment

From our sponsors
Advertisement
Advertisement