Lib Dem leader tells party conference that ‘something big and dangerous is happening in our country’

If Andy Burnham wanted to inject some edge into his meeting with Donald Trump later (which he doesn’t), he could bring along a copy of today’s Financial Times. This front page headline speaks for itself.

Mortgages ‘on the front line’ as Iran war deals £840 blow to homeowners

British homeowners are paying an average of £840 a year more when they refinance their mortgages, as the rising borrowing costs triggered by the Iran war start to impact consumers’ spending power.

Approximately 1m households have rolled off fixed-rate mortgage deals since February, according to Bank of England data.