The i Paper Money & Business

40,000 households who took out two-year fixed mortgages on the eve of Liz Truss’s mini-Budget two years ago face an annual rise of over £3,800 to their repayments 🔴 Exclusive from @callumcmason trib.al/UNGaC0J

Nearly two and a half million mortgage deals have ended in the past two years, with higher rates adding £7.26bn to the nation’s housing costs – but analysis from @Savills shows how the worst of the added pressure is behind us. inews.co.uk/inews-lifestyl…

Full story here with @HugoGye featuring three ex-members of the Bank's Monetary Polity Committee (the people who actually have some say over what happens to rates!!) inews.co.uk/inews-lifestyl…

Rishi Sunak has been slammed by ex-Bank of England economists for suggesting a vote for the Conservatives at the GE is a vote to cut interest rates. Ex-MPC member @msaundersecon said the claim was "basically nonsense" and @D_Blanchflower said they were "totally unacceptable"

Mortgage rates of below 4 per cent are unlikely to be available again this year for the vast majority of households, experts have warned after the Bank of England held interest rates again this week. inews.co.uk/inews-lifestyl…

Lots of discussion recently from @timleunig & others on how redressing the pay & pensions balance in the public sector could aid recruitment. I asked experts in edu, health and the civ service whether it'd help, and @stevewebb1 & @TheIFS how it'd work. inews.co.uk/inews-lifestyl…

Interviewed @inter_gen co-founder @angushanton this week on why he believes baby boomers like himself have had it so good financially, why younger generations haven’t, and what people his own age - and politicians - need to do to change that: inews.co.uk/inews-lifestyl…

Graduates are in a WORSE position financially after Jeremy Hunt's two NI cuts than they would have been if the Gov had kept NI the same but hadn't frozen the salary at which they start having to repay their student loans + tax thresholds. inews.co.uk/inews-lifestyl…

Savers using a new “British Isa” announced by Jeremy Hunt at his Budget may end up being able to invest in firms that do not actually do business in Britain inews.co.uk/inews-lifestyl…

A spike in under-65s retiring during the Covid pandemic has reversed, with large numbers now returning to the workplace. Analysis of why in this piece with comment from @Ageing_Better @thomasselby and @HelloMcQueen below👇 inews.co.uk/inews-lifestyl…

Lots of different perspectives on the state pension triple lock in @theipaper today after the news that Labour is planning to commit to it in its general election manifesto. 1) I’m 30 and the pension triple lock will never benefit me. It’ll make taxes rise inews.co.uk/inews-lifestyl…

New: It is the worst time to be a first-time buyer in at least four decades. @Savills analysis for @theipaper found that 2023 was the least affordable for first-time buyers once both deposit and subsequent mortgage costs are considered together. inews.co.uk/inews-lifestyl…

Interesting column from ex-Bank of England MPC member @msaundersecon in @theipaper today: Rishi Sunak says he has met his pledge to halve inflation – but he had almost nothing to do with it inews.co.uk/inews-lifestyl…

We also want to hear from you. In our new Moral Money Maze series, we want you to email in with any financial dilemma which we will answer.. Get in touch: money@inews.co.uk inews.co.uk/inews-lifestyl…

Another exclusive from @CallumCMason. He found that nearly 20,000 drivers have been fined up to £80 for not taxing their vehicles – despite not owing any money 🚗🏎️ Read more here: inews.co.uk/inews-lifestyl…

Now on to managing money, we spoke to @Bobby_Seagull about his upbringing and how he got his place on University Challenge inews.co.uk/inews-lifestyl…

This week was another one jam packed of money news and views, not least new inflation figures. Below is a thread of some stories you might have missed. 🧵 inews.co.uk/inews-lifestyl…