Friday evening UK news briefing: New year, double mortgage rates?

·6-min read
Your evening briefing from The Telegraph
Your evening briefing from The Telegraph

BREAKING: Queen advised by doctors to rest for further fortnight - and will miss Festival of Remembrance

Evening briefing: Today's essential headlines

'Catastrophic' rises feared | The best mortgage interest rates could double by next year as lenders pull their top deals from the market amid inflationary fears. Brokers warned that record low interest rates are "very much behind us" after more banks increased the cost of their fixed-rate deals today. Amid predictions that repayments could rise by 15pc year-on-year by the middle of 2023, how can you get the lowest possible rate? These are the steps you should take to pick the right deal.

The big story: Legal action warned over fishing row

"Two can play at that game". That was the warning from Environment Secretary George Eustice today in response to threats from France to block British trawlers - in a clear sign the Government is willing to come out fighting over a fishing row.

The French government has threatened retaliatory action, including raising tariffs on electricity to Jersey, unless Britain grants more licences to its fishermen.

The UK vowed to increase "rigorous" checks on EU vessels if France does not back down and Lord Frost, the Brexit minister, today insisted it could also launch legal dispute talks.

Politics Live Editor Catherine Neilan examines the range of measures being considered. In a diplomatic showdown, Liz Truss, the Foreign Secretary was due to challenge the French ambassador to the UK this afternoon - after taking the rare step of ordering an allied nation's envoy to be summoned.

In a hard-hitting analysis, Robert Taylor writes that Emmanuel Macron is making France look ridiculous.

This week's escalation of tensions was sparked by the detention of a British scallop trawler by French authorities.

The eight-strong crew - trapped in the port of Le Havre, in the video above - have been advised to stay onboard "for their own safety".

Brussels Correspondent Joe Barnes has details of an upcoming court appearance by the British captain of the vessel, who it is claimed is being used as a "political pawn".

PM's 'brush-by' with Macron

Boris Johnson and President Macron are expected to discuss the row during a "brush-by" meeting in "the margins" of the G20 summit, rather than a full bilateral. The Prime Minister is flying to Rome for the two-day conference, where the pair are expected to meet for the first time in four months on Sunday morning. Ben Wright argues that Anglo-French relations are poisoned until Mr Macron is ousted from the Élysée.

'Appalling decadence'

Later on Sunday, Mr Johnson and Mr Macron will join other world leaders gathering in Glasgow for Cop26, the climate change summit. Ahead of its launch, Pope Francis urged politicians to stop the "degradation of our common home". As thousands of diplomats descend on Scotland, Ross Clark suspects the public will not be impressed by what he predicts will be an appalling display of Western decadence.

Comment and analysis

Around the world: Full account of Baldwin shooting

Even before Alec Baldwin accidentally shot cinematographer Halyna Hutchins dead, crew members working on the film set of Rust sensed danger. Staff had reportedly already complained of lax gun safety. Several camera crew members even walked off in protest over unsafe working conditions. Later that afternoon, disaster struck. It is now possible to reconstruct the events leading up to the deadly moment in a small wooden chapel in the New Mexico desert. Marcus Parekh and Venetia Rainey have pieced together the definitive account.

Friday interview: Jack Farthing - 'I knew that I had to fight Prince Charles's corner'

Jack Farthing played Poldark's rival. Now he is starring opposite Kristen Stewart in new film Spencer. He talks to Susannah Goldsbrough about putting himself into the mindset of the heir to the throne. Read the interview.

Jack Farthing, the actor, pictured in a West Hollywood hotel
Jack Farthing, the actor, pictured in a West Hollywood hotel

Sport briefing: Man Utd is 'punch-drunk'

Ole Gunnar Solskjaer has confirmed that he spoke to Sir Alex Ferguson after Manchester United's humiliating 5-0 defeat to Liverpool - and admitted there needed to be a "reaction" in Saturday's match away to Tottenham Hotspur, as the pressure continues to grow over his position as manager. As Jason Burt reports, Solskjaer likened his team to a "punch-drunk" boxer who had hit the canvas and struggled to recover. And, in conversation with Jamie Carragher, veteran Italian manager Arrigo Sacchi described Man Utd as a side "thrown together".

Editor's choice

  1. 'I thought I did everything right' | '...but our £100k deposit was transferred to fraudsters'

  2. The Beatles' unmade 13th album | John set free, Paul gone soft and George in charge

  3. 'I was naive' | Brooke Shields looks back at her controversial Calvin Klein adverts

Business briefing: Energy crisis deepens

Fears are mounting that Bulb Energy, Britain's seventh largest supplier with 1.7m customers, could collapse as soon as next week. Ministers, officials and Ofgem, the energy regulator, are said to have been making contingency plans for its failure - which would be the largest to date. Meanwhile, Microsoft has become the most valuable public company after usurping tech rival Apple. See how the tables have turned.

Tonight starts now

Fright night | It is nearly that time of year again where we draw the curtains, turn off the lights and hide behind the sofa as we brave watching a horror film on the scariest night of the year. But why not start early ahead of Hallowe'en on Sunday? The Telegraph's film team have created the definitive list of the best 75 horror movies ever made.

Three things for you

And finally... for this evening's downtime

Film | As the long-running horror franchise Hallowe'en continues, the absence of one of its former stars is acutely felt. Tom Fordy explores the fascinating life and career of Donald Pleasance.

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