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The GuardianMortgages are now the most affordable since the mid-1990s, says HalifaxThe GuardianUnsurprisingly, the 10 least-affordable areas are mainly in London and the south-east. The London boroughs of Brent and Haringey are said to be the least affordable places in the country, with average mortgage payments on a new home loan eating up 61.1 ...and more » Papers: Tech tax deepens EU-US trade Daily Telegraph: Banks have been warned that British homeowners' giant mortgages may be affordable now, but could get them into trouble as interest rates rise. Financial Times: A top Visa executive has launched one of the most outspoken attacks yet ...and more »
The TimesJoin the race to remortgageThe TimesBorrowers are scrambling in record numbers to take out fixed-rate mortgages before an expected rise in the Bank of England base rate. This month 25 lenders, including Barclays, Halifax, NatWest and TSB, raised the cost of mortgage deals, including 11 ...and more »
The TimesGood news for landlords looking for a mortgage dealThe TimesLast year buy-to-let lending fell to a four-year low, according to the Bank of England. Buy-to-let loans now make up 12.7 per cent of total mortgage lending — in 2016 it was 21.4 per cent. John Eastgate of Kent Reliance, a specialist buy-to-let lender ...
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2.38 million unemployed and rising.

A record 281,000 people were added to the growing list of unemployed in the three months to May.15-07-2009
It’s the biggest increase in unemployment in a three month period since records began in 1971. The figures from the Office for National Statistics show that 2.38 million are now out of work - 7.6% of the workforce and the highest since the end of 1995.
Young people between 16 and 24 are particularly badly hit. 726,000 are out of work and that’s the highest figure for 16 years.  
The number of people out of work for more than a year rose by 46,000 to 528,000, the highest for 11 years and that includes about 133,000 young people.
The only glimmer of good news is that the number of people claiming unemployment benefit was less than expected. 220,000 more claimed in the three months to May and 23,800 more claimed in June bringing the total to 1.56 million. But most analysts and forecasters still expect unemployment t6o rise to 3.2 million before it starts going down again. And not only is unemployment rising but the number of job vacancies is falling. There were 429,000 in the three months to June, down by 35,000 from the previous quarter.

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