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Russia today threatened Britain with 'an adequate response from our military' after the UK agreed to supply Ukraine with Storm Shadow long-range missiles. The missiles, which cost about £2.2million, will allow Ukraine to hit Russian troops and logistics hubs deep behind the front line in a major blow to Vladimir Putin. Britain had received assurances from the Ukrainian government that these missiles would be used only within Ukrainian sovereign territory and not inside Russia, multiple senior Western offici
The Bank of England's base rate has been pushed up 0.25 percentage points to 4.5 per cent, heaping pain on millions of mortgage-payers. It is the 12th consecutive bump, and a peak since October 2008 - before the credit crunch sent the level tumbling. The Monetary Policy Committee voted for the rise by a margin of seven to two, and highlighted that inflation - in particular food costs - has failed to fall as fast as anticipated. The MPC suggested that Rishi Sunak is on the edge of missing his target of halvi
The Bank of England is raising interest rates and this is driving up mortgage rates, our calculator lets you work out what this could cost you.