Nationwide has warned that mortgage arrears are rising as the building society reported increased profits on the back of higher interest rates. Higher borrowing costs after the Bank of England raised interest rates 14 times since the end of 2021 have caused financial pain for some mortgage holders while benefiting savers. Nationwide said its residential mortgage arrears had increased from historically low levels but were below the industry average. Related: New mortgage deal falls below 5% in ‘watershed moment’ for UK homeowners The lender added: “Further increases in arrears from…
Read MoreMonth: November 2023
I thought 15-year-old Emmanuel would fall in love with someone his age; says’’ Brigitte Macron
Emmanuel Macron’s wife and former teacher thought he would “fall in love with someone his [own] age” after he was moved from the school where she taught him. In an interview, Brigitte Macron said she put off marriage to her ex-pupil by a decade because she feared her three children’s lives would have been ruined if she had made her relationship with a teenager their age official. The French president was 15 when he fell for his married drama teacher, Brigitte Auzière, then 40, at the Catholic Providence school in…
Read MoreIndian authorities contact Thai cave rescue team as urgency increases to reach trapped men
Indian authorities trying to rescue dozens of workers trapped for more than 90 hours deep inside a Himalayan mountain have reached out for international help, contacting the Thai team that rescued a boys’ soccer team from a flooded cave in 2018. The 40 men have been trapped since a tunnel collapsed during construction work in northern Uttarakhand state on Sunday, with rescue efforts becoming more urgent amid reports some are becoming ill. Four days after the incident, authorities flew in a high-powered drill from the capital New Delhi to begin…
Read MoreMagnitude 6.7 earthquake rocks southern Philippines
A strong magnitude 6.7 earthquake has shaken the southern Philippines, the US Geological Survey said, causing people to flee buildings and part of a shopping mall ceiling to collapse. No tsunami threat was issued after the quake struck off Sarangani province on the main southern island of Mindanao at a depth of 78 kilometres (48 miles) at 0814 GMT, the USGS said in a statement on Friday. There were no immediate reports of casualties but the quake was felt across a wide area of the mountainous island. A photo shared…
Read MoreIsrael soldiers found the Hamas tunnel under Al Shifa hospital
People search through buildings, destroyed during Israeli air strikes in the southern Gaza Strip. The army released a video it said showed a tunnel entrance in an outdoor area of Al Shifa, Gaza’s biggest hospital. The video, which Reuters could not immediately verify, showed a deep hole in the ground, littered with and surrounded by concrete and wood rubble and sand. It appeared the area had been excavated; a bulldozer appeared in the background. The army said its troops also found a vehicle in the hospital containing a large number…
Read MoreLagos PDP to investigation Appeal Court verdict on Sanwo-Olu’s election
The Peoples Democratic Party (PDP) will review the Appeal Court’s ruling which affirmed Governor Babajide Sanwo-Olu’s victory in the March 18 governorship election in the state. A three-member panel of the appeal court led by Justice Yargata Nimpar on Wednesday evening dismissed the appeals filed by the Labour Party governorship candidate, Gbadebo Rhodes-Vivour, and his PDP counterpart, Abdulazeez Adediran aka Jandor, for lack of merit. It held that the PDP candidate failed to prove the allegations of forgery and non-qualification against Sanwo-Olu and his deputy. The PDP Publicity Secretary in…
Read MoreRoyals face bombshells from Sussexes after the King and Prince Harry ‘spoke on phone’ to mark Charles’s 75th birthday
The royal family is facing new bombshell claims from Harry and Meghan’s biographer Omid Scobie just hours after the Duke of Sussex reportedly had a ‘warm’ phone conversation with King Charles to mark his 75th birthday. The Duke of Sussex is believed to have phoned his father on his special day yesterday to wish him Happy Birthday – in a call thought to be the estranged royals’ first phone chat in six months. Meghan Markle is also said to have spoken to her father-in-law to pass on her wishes from…
Read MoreUK Prime Minister Announces ’emergency legislation’ to deem Rwanda a safe country
Rishi Sunak, the UK Prime Minister vowed to end the political and legal ‘merry-go-round’ on Rwanda migrant deportation flights tonight after Supreme Court judges dramatically ruled the plan was illegal. At a press conference in No10, the PM unveiled his response to the judicial block, pledging a new treaty with the East African country and emergency legislation allowing Parliament to declare that it is safe for asylum seekers. And in a nod to the fury of the Tory Right he insisted if that failed he is ready to ignore the…
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