Mortgages continued to become more expensive despite the number of products on the market gradually increasing. The average mortgage interest rate on a two-year fixed term mortgage is now 6.3%, according to data compiled by financial information company Moneyfacts. A similar rise has taken place in the average five year fixed term mortgage, which has
UK
Power blackouts this winter are “extremely unlikely” this winter, Cabinet Office Minister Nadhim Zahawi has told Sky News. The Tory frontbencher also insisted there was no need for the government to spend £14m on an energy-saving public information campaign, given the advice already available. Mr Zahawi’s comments come amid concerns of power cuts with the
A woman who died in a hit-and-run outside a takeaway has been named as Rebecca Steer – after a man was arrested on suspicion of murder. Ms Steer, 22, and another pedestrian were struck by a car which mounted a kerb outside the Grill Out restaurant in Oswestry, Shropshire, at around 2.50am on Sunday, police
On the seat there was a sign. HRH Prince of Wales. Prince William, not his father, is now taking that place, but in his first speech as next in line to the throne there were distinct similarities with what we saw from the former heir. William reaffirming his dedication to an environmental cause, this time
Serial killer Peter Tobin has died after falling ill in prison where he was serving three life sentences. He was taken from HMP Edinburgh to hospital, thought to be the Royal Infirmary of Edinburgh, on Wednesday and subsequently died, sources said. He was serving a life sentence for raping and murdering Polish student Angelika Kluk,
A man with a knife has been shot dead by armed officers after being spotted in the car park of a police station in Derby. Police have said the identity of the man remains unknown following the shooting at 10.03am this morning. He was shot in the car park of a police station off Ascot
Nazanin Zaghari-Ratcliffe says “the world cannot turn a blind eye to Iran” and the UK government “must act” over human rights abuses, as women and girls take to the country’s streets in protest. The widespread action was sparked after the death of 22-year-old Mahsa Amini last month while she was in the custody of the
The country has been put on notice that the chances of gas shortages this winter have risen markedly, prompting a contingency plan to prioritise heating. National Grid’s Electricity System Operator (ESO) warned that planned three-hour power blackouts could be imposed in some areas, in the “unlikely” event supplies of gas fall short of demand. It
The country has been put on notice that the chances of gas shortages this winter have risen markedly, prompting a contingency plan to prioritise heating. National Grid’s Electricity System Operator (ESO) warned that planned three-hour power blackouts could be imposed in some areas, in the “unlikely” event supplies of gas fall short of demand. It
The National Grid’s electricity system operator and gas system operator will release one of their regular winter outlook reports later. They are designed to set out supply and demand scenarios as the weather gets colder and energy consumption tends to peak. Amid an energy security and price crisis, this year’s outlook report has taken on
A 14-year-old boy who died following a suspected assault in Gateshead has been named by Northumbria Police as Tomasz Oleszak. Police found the teenager with injuries that were “consistent with having been caused by a bladed article” in the Aycliffe Crescent area of the Springwell Estate at just after 8pm on Monday. The youth died
Liz Truss will wrap up the Conservative Party conference by defending her approach and pledging a “new Britain for the new era” – after a week of U-turns and infighting. In her first conference speech as prime minister, Ms Truss will on Wednesday reiterate Chancellor Kwasi Kwarteng’s plan to boost growth. And just a day
Liz Truss says she had “absolutely no shame” in performing a dramatic U-turn on the government’s plan to scrap the 45p higher rate of tax. The prime minister told Sky News’ political editor Beth Rigby she “took the decision very rapidly” to axe the policy, which was “becoming a distraction” from the rest of the
The chancellor has admitted it has been a tough day after he was forced to U-turn on cutting income tax for the rich. Kwasi Kwarteng began his keynote speech at the Conservative Party conference by saying: “What a day, it has been tough but we need to focus on the job in hand.” Just hours
The energy regulator has warned the UK is facing a “significant risk” of gas shortages this winter. The information, which was revealed in a letter sent from Ofgem last week and first revealed by The Times, spoke of the possibility of “gas supply emergency” measures to help preserve stocks due to the impact of Russia’s
Liz Truss is to delay the vote on cutting the 45p rate of tax for higher earners, a cabinet minister has told Sky News. The policy was announced in last Friday’s mini-budget, but would have to go to a vote of MPs before it could be approved. On Sunday, the party said any Tory MP
Liz Truss has admitted that she “should have laid the ground better” for the government’s tax-cutting mini-budget after the pound slumped to a record low. The prime minister said she has “learnt from that” and “will make sure in future we will do a better job of laying the ground”. Ms Truss also doubled down
A man has been charged with the murder of nine-year-old Olivia Pratt-Korbel who was shot dead in her home in Liverpool. The Crown Prosecution Service said 34-year-old Thomas Cashman has been charged with the girl’s murder and the attempted murder of her mother Cheryl. Cashman has also been charged with the attempted murder of convicted
The devolved governments of the UK want an urgent meeting with Chancellor Kwasi Kwarteng to discuss immediate action to reverse the damaging effects of the mini-budget. In a joint letter, the finance ministers of Wales, Scotland and Northern Ireland are warning that the government’s spending plans are a “huge gamble” that will mean another decade
Consumers are being warned they may be targeted by scammers as the government’s energy price guarantee comes into effect. Messages asking for people to provide personal or financial details to receive support should be treated as fraudulent activity, as no applications are required, the business secretary has said. The £400 Energy Bill Support Scheme will
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