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Tag: The I

I - Millions face mortgage hike as UK heads into recession 
The I

I – Millions face mortgage hike as UK heads into recession 

The i leads with the Bank of England’s decision to hike interest rates. The increase in interest rates to 2.25% means millions are facing a significant rise in their mortgage payments, the paper reports. The paper says Prime Minister Liz Truss and Mr Kwarteng are under pressure to prevent a “deep recession” with their “mini-budget” on Friday.

The i  - Warning over Truss gamble on tax cuts 
The I

The i  – Warning over Truss gamble on tax cuts 

The i leads with a warning over Liz Truss’s tax cuts gamble.

Economists have warned that Ms Truss’s “gamble on tax cuts” risks damaging the value of the pound. The paper says the Institute for Fiscal Studies have also said plans to reverse national insurance and corporation tax increases could lead to government debt “spiralling out of control”.

The i - Mortgage rate shock as Truss cuts UK tax 
The I

The i – Mortgage rate shock as Truss cuts UK tax

Many people with mortgages are facing a “shock” of rising interest rates over the next four months, according to the i. The paper says the Bank of England are predicated to raise rates by two percentage points to 3.75%, which could cost an average of £200 a month more on tracker mortgages that are tied to the Bank’s base interest rates.

The i - Energy help is too late, firms warn 
The I

The i – Energy help is too late, firms warn

The front page of The i newspaper reports on businesses fearing the Government’s energy support package will not be enough this winter, while heavy industries threaten to leave the UK as gas and electricity bills soar.
The paper also features an image of queues waiting to see the Queen lying in state – saying the latest figures are predicting more than 100,000 people will file past her coffin as she lies in state ahead of her state funeral on Monday 19 September.

I - The long goodbye 
The I

I – The long goodbye

The i looks at the “long goodbye”, with queues to view the Queen lying in state. Members of the public are now able to pay their respects over four days, with the i describing it as the nation’s “long goodbye”. The paper reports that tens of thousands of people lined the Mall and Whitehall to catch a glimpse of the procession.

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