BB IN HUNSTANTON - Key Persons
Job Titles:
- British Met Office Spokesman
British Met Office spokesman Grahame Madge has described rising temperatures as a "potentially very serious situation". "If we reach 40ยบ we are going to exceed an iconic threshold, which shows that climate change is now among us," he warned in statements collected by Sky News.
Max Mosley, an economist at NIESR, expressed concern over the impact of the interest rate hike, stating that it will push millions of households with mortgages to the verge of insolvency. Mosley emphasized that given the significant magnitude of this shock, it is unrealistic to expect households to withstand such pressure, and he urged the government to acknowledge this situation.
Job Titles:
- Chief Executive of the Resolution Foundation
Torsten Bell, the chief executive of the Resolution Foundation, warned that a significant amount of mortgage distress is expected, with much of it occurring in the lead-up to the 2024 election.