The UK’s ‘mortgage bomb‪’‬ FT News Briefing

The Bank of England’s 50 basis point interest rate rise is causing concern for the UK’s already-high mortgages, and Germany has signed another long-term deal to import more US liquefied natural gas. Plus, the FT’s Aanu Adeoye explains what’s at stake in Sierra Leone’s election this weekend. 
Mentioned in this podcast:
‘We’re suffering’: soaring costs create opening for Sierra Leone’s opposition
Bank of England raises interest rates by 0.5 percentage points
Mass UK house repossessions unlikely despite soaring mortgage rates
Germany locks in more US natural gas as it shuns Russian supply
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com


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