logo
episode-header-image
Jun 2023
9m 54s

The UK’s ‘mortgage bomb’

Financial Times
About this episode

The Bank of England’s 50 basis point interest rate rise is causing concern for the UK’s already-high mortgages, and Germany has signed another long-term deal to import more US liquefied natural gas. Plus, the FT’s Aanu Adeoye explains what’s at stake in Sierra Leone’s election this weekend. 


Mentioned in this podcast:

‘We’re suffering’: soaring costs create opening for Sierra Leone’s opposition

Bank of England raises interest rates by 0.5 percentage points

Mass UK house repossessions unlikely despite soaring mortgage rates

Germany locks in more US natural gas as it shuns Russian supply


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Google closes in on Nvidia in the AI race
<p>Google’s parent company got close to a record $4tn market capitalisation, and more than $1tn has been wiped from the cryptocurrency market in the past six weeks. Plus, US consumers aren’t feeling too merry ahead of the holidays, and the UK prepares for its long-awaited Budget ... Show More
10m 50s
Yesterday
How Ireland became the weak spot in Europe’s defences
<p>Traders are piling into bets that Wednesday’s UK Budget will push the pound lower against the dollar, and the pharmaceutical industry saw some promising — and not so promising — clinical trial results. Plus, US tech stocks leapt on Monday and Ireland’s military neutrality has ... Show More
10m 26s
Nov 24
The scramble for a Ukraine peace deal
<p>US pressure on Ukraine and its allies to agree a peace deal with Russia ignites fresh concern in Europe, and the US has officially designated Venezuela’s “Cartel of the Suns” a terror group. Plus, Europe looks to increase investment rules to stand up to China, and a look at wh ... Show More
12m 27s
Recommended Episodes
Sep 2023
Post-Brexit Britain
<p>Opinion polls now suggest that about two-thirds of British people think that Brexit has failed. So was it all a terrible mistake? Gideon talks to FT colleague Peter Foster about his new book, <em>What Went Wrong With Brexit: And What We Can Do About It</em></p><p><em>Clip: BBC ... Show More
29m 30s
Aug 2023
Could a reshuffle revitalise Sunak’s government?
<p>It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s U ... Show More
35m 52s
May 2023
Inflation and migration: Sunak’s problematic pledges
<p>Cutting inflation and stopping small-boat migration are two of Prime Minister Rishi Sunak’s five core priorities, but there's no let-up in inflation or unhappiness with the government's policy on asylum seekers. George Parker, the FT’s political editor, discusses with economic ... Show More
29m 47s
Jan 2023
What Keir Starmer did at Davos
<p>Sir Keir Starmer and shadow chancellor Rachel Reeves gave a pre-Davos interview to the FT before setting off to woo the global elite in Switzerland at the World Economic Forum in a remarkable turnround in Labour sentiment. Why were they going, with what message, while Prime Mi ... Show More
24m 7s
Mar 2022
The war in Ukraine: is the UK doing enough?
<p>The UK has been criticised for failing&nbsp;both&nbsp;to fulfil its rhetoric on sanctions and on opening the door to refugees fleeing Vladimir&nbsp;Putin's war in Ukraine. Is it due to Whitehall incompetence, political leadership or domestic politics? We also discuss how the e ... Show More
30m 35s
May 2022
Double crisis: cost of living and Northern Ireland
<p>This year’s Queen Speech was Boris Johnson’s attempt to reset his government’s policy agenda but it did little to tackle the growing cost of living crisis. We look at what the government might do, plus whether the EU and UK are about to enter a trade war over the Northern Irel ... Show More
35m 6s
Aug 2023
Is the Inflation Reduction Act Working? & Why Warren Buffett is All In On the US Housing Market
Episode 126: It's been a year since the Inflation Reduction Act has passed, and Neal and Toby discuss exactly what the bill has done with billions of investments into clean energy and jobs, and and what it is still expected to do. Plus, Argentina's insane interest rates and why W ... Show More
29m 20s