UK debt market sell-off threatens mortgage pain for households

• Tips for paying off debt

  With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.
  
  CBS News - 9h
• 

  Henry Zeffman: Market trouble threatens Labour's economic plans

  Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.
  
  BBC News - Jan. 9
• 

  At a Beloved Lebanese Market, the ‘Destruction Is Painful’

  Israeli raids pummeled the historic souk in the city of Nabatieh, in southern Lebanon. Residents and shop owners are only beginning to come to terms with the damage.
  
  The New York Times - Jan. 7

• Is it legal for a credit card company to sell your delinquent debt?

  There are a few routes your credit card company can take when you're late on payments — including selling the debt.
  
  CBS News - Jan. 6
• 

  Amazon aims to branch into UK internet market with satellite broadband plan

  Proposed space launches within next two years could ultimately deliver mobile phone signal even to most remote areas. Amazon is hoping to offer a satellite broadband service in the UK within the ...
  
  The Guardian - Jan. 5

• Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

  The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.
  
  MarketWatch - Jan. 4

• UK mortgage approvals fall in November

  Unexpected decline interrupts recovery in housing market activity
  
  Financial Times - Jan. 3

• The battered bond market starts 2025 facing some difficult issues about debt

  Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.
  
  CNBC - Jan. 1
• 

  Kyrgios shrugs off lingering wrist pain in tight doubles loss with Djokovic

  Djokovic double fault at 8-6 disastrous for star pairing Kyrgios heads home to ponder Australian Open return A fluent and upbeat Nick Kyrgios shrugged off the pain in his surgically repaired ...
  
  The Guardian - Jan. 1

More from Financial Times

• 

  Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’

  Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oil
  
  Financial Times - 3h
• 

  How Trump swung the Gaza ceasefire deal

  After months of deadlock, the US convinced Netanyahu it was time for Israel to make concessions
  
  Financial Times - 8h
• 

  What the Israel-Hamas ceasefire means for the world

  While the Israelis emerge from the conflict as the Middle East’s superpower, the international rules-based order lies in tatters
  
  Financial Times - 11h
• 

  ‘A new bleeding will begin’: Gazans prepare for life after Israel-Hamas war

  Residents celebrate impending ceasefire but realise future holds grief over months of death and destruction
  
  Financial Times - 8h
• 

  Far-right minister threatens to quit Israeli government over Gaza ceasefire deal

  Itamar Ben-Gvir says his party will leave Benjamin Netanyahu’s coalition if it implements the truce agreement
  
  Financial Times - 3h

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