In the headlines
Rishi Sunak has ruled out extra help for people struggling with mortgage payments, despite the average rate for a two-year fixed deal rising above 6% for the first time since December. A quarter of homeowners on fixed-rate mortgages are due to renegotiate deals before the end of 2024, and will pay an average of £2,900 more a year, according to one think tank. Labour will end new North Sea oil and gas exploration, Keir Starmer has pledged. Speaking in Edinburgh this morning, the Labour leader also promised to reverse the ban on new onshore wind farms and create a state-owned energy company focused solely on green projects. A new commemorative 50p coin celebrating the 75th anniversary of the arrival of HMT Empire Windrush has been released by the Royal Mint. Designed by Jamaican-British artist Valda Jackson, the piece features two black people standing against the backdrop of a Union Jack.