A third runway at Heathrow would cost tens of billions of pounds and take more than a decade to complete, however, the
And nearly twice as many people in the UK would support the government retaliating with its own tariffs on America as those who oppose the idea.The government is maintaining its reluctance to do this, while
The prime minister has said that the world has "fundamentally changed", which poses the question of whether he and his government are willing to fundamentally change their outlook and policies.Firstly, that promise not to put up income tax, VAT or National Insurance.National Insurance paid by employers has gone up but, responding to a question from GB News, Sir Keir Starmer repeated his promise not to put it up for employees or raise income tax or VAT between now and the next general election.
And what, asked Sky News, about his self-imposed restrictions on government borrowing, known as his fiscal rules?My eyebrows weren't the only ones that were raised a little when, while addressing reporters' questions at the Jaguar Land Rover factory in Solihull in the West Midlands on Monday, he swerved a direct answer on whether he might loosen those rules.
But moments after the event finished, his team insisted they were "iron clad", as one senior figure put it.
This would mean, if the economy does take a hit from the tariffs, that everything else being equal, budgets for government departments will be tighter than currently anticipated.Lenders have been locked in intense competition for borrowers in recent weeks, which has led to consistent falls in the interest rates charged on new fixed mortgage deals.
This has led to more activity among buyers and sellers in the UK housing market.But one lender, the Coventry Building Society, is putting up mortgage rates on Friday, and others are expected to follow suit in the coming days.
“The mortgage market has seen rates falling in recent months but that may be coming to an abrupt halt," said David Hollingworth, associate director at broker L&C Mortgages.About 1.6 million existing borrowers had relatively cheap fixed-rate deals expiring this year. Hundreds of thousands of potential first-time buyers have been hoping to get a place of their own with their first mortgage. All would welcome low mortgage rates.