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The Telegraph
The Telegraph
19 Jun 2023


Good evening. The average rate for a two-year fixed mortgage has climbed above 6pc for the first time this year, ahead of upcoming inflation data. 

Elsewhere, David Cameron became the first former prime minister to be questioned by the Covid Inquiry.

TSB has withdrawn a myriad of its mortgage products today as the property lending crisis deepens. The lender announced it will not return to the market until after the next inflation figures are published. Read our live blog for the latest updates. As the mortgage chaos intensifies, our personal finance reporter, Alexa Phillips, explains why it risks triggering the biggest house price crash on record. Meanwhile, Duncan Sampson believes that this latest crisis could finish the Conservatives off for good. Find out how by reading his comment piece.

David Cameron has admitted his government made a “mistake” by focusing on an influenza pandemic and not looking at other types of viruses, as he became the first former prime minister to be questioned by the Covid Inquiry. The admission follows criticism aimed at Mr Cameron from Professor Philip Banfield of the British Medical Association (BMA), who claimed that the former prime minister’s programme of austerity was to blame for the NHS’s “disastrous” failures during the pandemic. Christopher Snowdon has defended Mr Cameron by claiming that the BMA is using this inquiry to peddle ‘austerity’ myths. Read his full comment.