The mortgage crisis will have severe political consequences for the Conservative Party

Editorial: 2024 isn’t shaping up to be a year in which the feelgood factor will propel the prime minister and his party to a historic fifth term

A fairer approach would be to make a more progressive fiscal policy – taxes on the better off (PA)

One of the benefits of the Bank of England being operationally independent is that it allows the governor and his colleagues to deliver the kind of message that the politicians find too awkward to verbalise.

The problem sometimes is that, to put it generously, the complexities and contradictions of monetary policy can leave the Bank in a position from which it finds itself transmitting mixed messages. This seems to be the case at the moment.

These are difficult times. Rates on new mortgages are approaching 7 per cent and rising: a bewildering trend in a nation that has long held to a belief in home ownership.