Who's to blame for this mortgage pain?

06/22/23 • 35 min

3 Listeners

The News Agents

For the thirteenth time in a row interest rates have gone up.

They’re now at 5% - the highest level since 2008.

What is the knock on effect for all of us paying mortgages?

Why are we struggling so much more than other countries to bring down inflation?

And what will the political ramifications to all this be - will it make it easier for Labour to win an election - or will people rally to their government at a time of crisis and prefer the devil they know, to the devil they don't?

For the thirteenth time in a row interest rates have gone up.

They’re now at 5% - the highest level since 2008.

What is the knock on effect for all of us paying mortgages?

Why are we struggling so much more than other countries to bring down inflation?

Previous Episode

Lost at sea - why are we obsessed with the sunken sub?

The world is watching a vessel we cant even find.

Newsrooms are counting down the hours of oxygen they think are left in the Titan capsule. International rescue teams are putting resources and lives at risk to bring back the missing five. What drives our obssession with this story? And how comfortably does it sit when we know thousands of people die at sea every year.

We hear from a former NASA Astronaut and accident investigator. We also talk to Spencer Matthews - his brother Michael died climbing Mount Everest - he explains the adventurers' mindset and tells us how important it was to bring Michael's body home.

Later we discuss the downfall of Crispin Odey - named the Harvey Weinstein of the City of London - by his alleged victims of sexual assault - with one of the women who broke the story, the Financial Times' Madison Marriage.

When approached by the Financial Times for comment, Crispin Odey denied the claims against him and a law firm representing Odey Asset Management declined to comment in detail on the allegations.

Next Episode

The Titan submersible: when is tourism too extreme?

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This week, the world has been captivated ( and wrapped up in hope) by the tragedy of the five people who've died in an attempt to visit the wreck of the Titanic.

Jon sits in for Lewis this week and asks whether extreme tourism is going too far - whether we should push the boundaries of exploration (even if at potential great cost to others) and why the public; and the media, have been transfixed by the story.

And we speak to Peter Kyle, Shadow Northern Ireland Secretary, on the anniversary of Brexit.