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Banks to offer flexibility over mortgage inflation fears | ITV News

Video vocabulary

the

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US / ðə /

UK / ðə /

A1
  • article
  • Used to refer to something already mentioned
  • Used to show there is only one of something
  • determiner
  • Used to describe all of a family

be

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US / bɪ /

UK / bi /

A1
  • verb
  • Being

and

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US / ənd /

UK / ənd, ən,ænd /

A1
  • conjunction
  • Used to refer to two or more things
  • Plus; in addition; on top of that
  • Used to introduce an action that follows another

that

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US / ðæt /

UK / ðæt, ðət /

A1
  • adjecitve
  • The person or thing being talked about
  • Used to identify something both the speakers know
  • adverb
  • Used to reinforce adjectives and adverbs
  • To such a degree
  • conjunction
  • Used to connect a noun clause
  • Used to introduce an adverbial clause
  • Used to introduce a noun clause
  • determiner
  • Used as a noun to refer to something
  • pronoun
  • Referring an object far away
  • Used to refer to the relative pronoun ‘which’

have

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US / həv /

UK / hæv /

A1
  • verb
  • To drink, smoke, eat or use something
  • To experience the effects of something
  • To organize an event, or join in an activity
  • To own, possess, or hold something
  • To cause to happen or produce a particular effect

not

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US / nɒt /

UK / nɑt /

A1
  • adverb
  • Word indicating the negative
  • (Used to form the negative of verbs)

for

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US / fə(r) /

UK / fɔr,fə /

A1
  • preposition
  • Used to show the purpose, or need of something

you

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US / jʊ /

UK / ju /

A1
  • pronoun
  • Person someone is speaking or writing to
  • Person or people in general

this

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US / ðɪs /

UK / ðɪs /

A1
  • adjecitve
  • Used to indicate something already been discussed
  • Used to indicate something happening around now
  • adverb
  • An indication by a physical motion or gesture
  • A specific amount of
  • determiner
  • Person, thing, or idea near you
  • pronoun
  • Person, thing that has already been discussed

with

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US / wɪð /

UK / wɪð, wɪθ /

A1
  • preposition
  • As an employee of a certain company
  • Against something or someone
  • By using something as a means
  • Due to; because of
  • Including
  • Possessing as a feature
  • Related to
  • (Of the manner/attitude by which you do something)
  • Used to express that people or things are together

about

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US / ə'baʊt /

UK / əˈbaʊt /

A1
  • adverb
  • To be ready to; going to
  • Nearly; approximately; roughly
  • Near; next to; close to
  • In every direction; in the area of
  • preposition
  • Concerning or of (a topic)

get

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US / ɡet /

UK / ɡɛt /

A1
  • verb
  • To become affected by illness or disease
  • To begin to feel or understand an emotion or idea
  • To send or bring someone or something home, etc.
  • To go somewhere to obtain something
  • To (cause to) do a particular thing
  • To obtain, receive or be given something
  • To currently have
  • To prepare for use
  • To understand something being said or read

but

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US / bət /

UK / bʌt,bət /

A1
  • conjunction
  • Used before you say something different, opposite

can

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US / kæn /

UK / kən,kæn /

A1
  • noun
  • A metal container for storing food
  • other
  • Able to; have the skill to; have the time to
  • verb
  • To have permission to
  • To be possible to do
  • To preserve food by sealing it in a metal container

they

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US / ðeɪ /

UK / ðe /

A1
  • pronoun
  • Two or more people, animals, or things

what

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US / wɒt /

UK / hwɑt, hwʌt, wɔt, wʌt,hwət, wət /

A1
  • adjecitve
  • Used to refer to a particular amount, or number
  • Used to place emphasis on a particular quality
  • adverb
  • To a certain degree
  • determiner
  • Question words used for asking for information
  • exclamation
  • Used to express excitement, shock, or surprise
  • Used to ask people to repeat something they said
  • pronoun
  • Thing or things that; the same kind as
  • Used to emphasize something you are about to say

do

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US / du: /

UK / du /

A1
  • other
  • Question words for 'do' verbs
  • verb
  • To act; to perform actions
  • To be enough; to be acceptable
  • To have a certain effect on something or someone

like

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US / laɪk /

UK / laɪk /

A1
  • adjecitve
  • Being equal in status or kind to something else
  • Similar; the same
  • adverb
  • For example
  • preposition
  • Used as a filler; used to ad emphasis
  • In a way similar to the way something is done
  • Such as; for example
  • verb
  • To want to
  • To find something pleasing; to prefer something

will

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US / wɪl /

UK / wɪl /

A1
  • noun
  • Desire or choice of someone
  • Document saying who gets your money when you die
  • Strong desire to do something; determination
  • Desire to do something; strong wish to do
  • other
  • Used with verbs to express the future
  • verb
  • To leave property to someone after your death
  • To use mental effort to make something happen
  • Am (is, are) likely to do
  • To influence someone to do something
  • To make something happen by strongly wanting it

go

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US / ɡəʊ /

UK / ɡo /

A1
  • noun
  • A turn in a game
  • verb
  • To attend or be at a place
  • To do an activity
  • To function properly
  • To move or travel to another place

one

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US / wʌn /

UK / wʌn /

A1
  • adjecitve
  • Used to refer to people generally
  • Being a strong example of (something mentioned)
  • number
  • Number 1
  • pronoun
  • You; we; people in general; someone
  • The thing or person previously referred to

there

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US / ðɛə /

UK / ðɛr /

A1
  • adverb
  • Used to illustrate the existence of something
  • In a particular respect
  • In that place or position, at that location

out

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US / aʊt /

UK / aʊt /

A1
  • adverb
  • No longer stylish (e.g. fashion)
  • Away from home, business, or the usual place
  • In a direction/movement away from inside or center
  • noun
  • Act when a batter cannot continue playing
  • verb
  • To tell people a secret

from

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US / frəm /

UK / frʌm, frɑm,frəm /

A1
  • preposition
  • Starting at a particular place, time or level

make

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US / meɪk /

UK / mek /

A1
  • noun
  • Product made by a particular company; brand
  • verb
  • To arrange or prepare something e.g. dinner
  • To get to (a place) on time
  • To gain the status of (teacher, lawyer, etc.)
  • To create something by putting things together
  • To earn a certain amount of money at a job
  • To cause or force a person to do something
  • To cause something to happen or be formed

know

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US / nəʊ /

UK / noʊ /

A1
  • verb
  • To be familiar with a person or place, thing
  • To feel sure or be convinced about something
  • To discover or be aware of something
  • To be able to distinguish
  • To have knowledge of things

think

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US / θɪŋk /

UK / θɪŋk /

A1
  • verb
  • To have an idea about something without certainty
  • To have an idea, opinion or belief about something

your

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US / jɔ: /

UK / jʊr, jɔr, jor,jə /

A1
  • determiner
  • Belonging to you; belonging to the other person

more

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US / mɔ:(r) /

UK / mɔr, mor /

A1
  • adjecitve
  • In addition; extra
  • Greater in amount, number, or size
  • adverb
  • To a greater degree; in greater quantity
  • For a longer period of time
  • determiner
  • Additional quantity
  • pronoun
  • A greater or additional number

when

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US / wen /

UK / wɛn /

A1
  • adjecitve
  • Concerning or during the time something happens
  • adverb
  • Word you use to ask about the time, or day
  • conjunction
  • Although
  • In the event that; if
  • pronoun
  • Which time

would

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US / wʊd /

UK / wʊd /

A1
  • other
  • Used to indicate something imagined
  • Used to ask or request something politely
  • Verb used to indicate possibility, request etc.
  • Used to indicate a preference
  • Used to indicate a reaction
  • Indicates something that occurred repeatedly
  • Used to indicate willingness or ability to do

now

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US / naʊ /

UK / naʊ /

A1
  • adverb
  • At the present time or moment
  • Right away or in the next possible moment
  • Used to refer to something that just happened
  • Time between the present and a moment in the past
  • conjunction
  • Resulting from or because of something

some

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US / səm /

UK / sʌm /

A1
  • adjecitve
  • Remarkable; very good (or very bad) in a way
  • Concerning a certain unclear degree, quantity
  • determiner
  • Used to refer to an unspecified amount or number
  • pronoun
  • Number of persons, things in a group, but not all

because

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US / bɪ'kɒz /

UK / bɪˈkɔz, -ˈkʌz /

A1
  • conjunction
  • For a reason

good

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US / ɡʊd /

UK / ɡʊd /

A1
  • adjecitve
  • Proper, appropriate or right
  • (Of an amount) enough; plenty
  • Excellent; high quality
  • Acting well or properly; of moral character
  • In a positive or happy emotional state
  • noun
  • Advantage or benefit

say

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US / seɪ /

UK / se /

A1
  • noun
  • Power to decide or greatly influence something
  • verb
  • To indicate or give information using language
  • To use words to tell your message
  • To ask someone to give information to others

right

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US / raɪt /

UK / raɪt /

A1
  • adjecitve
  • Correct or true
  • The south side of you looking at the rising sun
  • adverb
  • Exactly in a place or time
  • Being appropriate for a particular event
  • In a straight or direct manner
  • noun
  • Something you are legally or morally allowed to do
  • Ideal of what is just and good
  • Political view based on conservatism
  • verb
  • To fix something previously wrong or unjust
  • To make upright, as a boat that has turned over

thing

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US / θɪŋ /

UK / θɪŋ /

A1
  • noun
  • (Used to introduce the reason for something)
  • Something you cannot remember the name of

back

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US / bæk /

UK / bæk /

A1
  • adjecitve
  • Farthest from the front e.g. in a classroom
  • adverb
  • Have returned to a place you were before
  • noun
  • The part of a chair that the upper body leans upon
  • Location at the rear of something
  • The reverse of side something
  • Area on the rear of your body
  • verb
  • To bet money on something
  • To go backwards in a car
  • To support and encourage someone or some cause

into

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US / 'ɪntə /

UK / ˈɪntu /

A1
  • preposition
  • Moving or going inside something
  • In the same direction as; in the direction of
  • So as to become; taking the state of

well

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US / wel /

UK / wɛl /

A1
  • adjecitve
  • Being in a fortunate, good condition or state
  • Healthy and in good condition
  • adverb
  • In an acceptable, proper, or successful manner
  • In a complete, total, or full manner
  • A great and considerable degree
  • In a successful way, in a good or satisfactory way
  • exclamation
  • Used to begin or continue a particular statement
  • Used to show you want to start saying something
  • Used to express that you are waiting for a reply
  • You say this to change the topic of a conversation
  • Used to indicate you are making a final remark
  • noun
  • Long deep hole in the ground to get water
  • verb
  • To cause your eyes to fill with tears

other

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US / 'ʌðə(r) /

UK / ˈʌðər /

A1
  • adjecitve
  • A thing different from that mentioned
  • determiner
  • (Something) else; not the first (one)
  • pronoun
  • Being the one and only thing of that category

actually

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US / ˈæktʃuəli /

UK / ˈæktʃuəli /

A1
  • adverb
  • Used to add new (often different) information

give

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US / ɡɪv /

UK / ɡɪv /

A1
  • noun
  • Degree of flexibility in something, a material
  • verb
  • To hand over or present something to someone
  • To cause someone to have or experience something

people

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US / 'pi:pl /

UK / ˈpipəl /

A1
  • noun
  • Persons sharing culture, country, background, etc.
  • Men, Women, Children

which

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US / wɪtʃ /

UK / hwɪtʃ,wɪtʃ /

A1
  • determiner
  • Question word to ask about a person's choice
  • pronoun
  • (Used to describe something previously mentioned)
  • Question word to decide either, or

our

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US / 'aʊə(r) /

UK / aʊr /

A1
  • determiner
  • Belonging to us

two

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US / tu: /

UK / tu /

A1
  • number
  • 2

try

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US / traɪ /

UK / traɪ /

A1
  • noun
  • Act of putting the ball over the rugby goal line
  • verb
  • To make an effort, to attempt to do something
  • To examine someone or something in a court of law
  • To test to see if it is good or you like it
  • To make a person go through hardship; test
  • To examine something to see if it works

also

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US / 'ɔ:lsəʊ /

UK / ˈɔlso /

A1
  • adverb
  • In addition; too; in a similar way

their

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US / ðɛː /

UK / ðer /

A1
  • determiner
  • Belonging to them

start

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US / stɑ:t /

UK / stɑrt /

A1
  • noun
  • First time or place that a thing exists; beginning
  • First opportunity to achieve something, e.g. a job
  • Sudden action or movement because you are scared
  • other
  • Beginning of something in place or time
  • verb
  • To do, be or happen for the first time; begin
  • To turn something on

put

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US / pʊt /

UK / pʊt /

A1
  • phrasal verb
  • to make a light stop shining by pressing or moving a switch
  • verb
  • To move or place a thing in a particular position
  • To rate something in importance or value
  • To write or say something in a certain manner

those

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US / ðəʊz /

UK / ðoz /

A1
  • determiner
  • The people or things we are talking about
  • pronoun
  • The objects far from the speaker

any

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US / 'enɪ /

UK / ˈɛni /

A1
  • adjecitve
  • One, or some, no matter which
  • pronoun
  • One (thing) of many; some

big

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US / bɪɡ /

UK / bɪɡ /

A1
  • adjecitve
  • Popular
  • Serious
  • Large

day

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US / deɪ /

UK / de /

A1
  • noun
  • A period of 24 hours beginning at midnight
  • The period of time when it is light outside
  • Person's name

his

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US / hɪz /

UK / hɪz /

A1
  • pronoun
  • Something belonging to a male person

most

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US / məʊst /

UK / most /

A1
  • adverb
  • Very; extremely
  • Greatest possible degree
  • determiner
  • Constituting nearly all of something
  • pronoun
  • Nearly all of something

year

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US / jə: /

UK / jɪr /

A1
  • noun
  • Unit of time equal to 12 months or 365 or 366 days
  • Used to refer to the age of a person

next

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US / nekst /

UK / nɛkst /

A1
  • adjecitve
  • Immediately after the previous one
  • First occurrence after the present one
  • adverb
  • The one that follows another in time or order
  • At a time or place directly after the present one
  • noun
  • The one that follows after

before

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US / bɪˈfɔ:(r) /

UK / bɪˈfɔr,-ˈfor /

A1
  • adverb
  • At a time earlier than the present; previously
  • conjunction
  • In advance of something happening
  • preposition
  • In front of someone or something

should

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US / ʃʊd /

UK / ʃʊd /

A1
  • other
  • Used to indicate what is proper or reasonable

talk

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US / tɔ:k /

UK / tɔk /

A1
  • noun
  • Style of speaking
  • Discussion between two countries
  • Giving information in front of people; lecture
  • Saying things or ideas to someone with words
  • verb
  • To make a formal speech about something
  • To say things or ideas to someone with words

show

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US / ʃəʊ /

UK / ʃo /

A1
  • noun
  • False display of love, emotion or action
  • An event for displaying or promoting goods
  • Play, opera or theater production
  • Presentation that is broadcast on TV or radio
  • verb
  • To be easily seen or displayed
  • To display your emotions or feelings
  • To let someone see something; display
  • To explain or teach how something is done
  • To lead someone somewhere; point them to something
  • To prove something to be true, correct
  • To reveal or allow something to be seen

after

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US / 'ɑ:ftə(r) /

UK / ˈæftɚ /

A1
  • adverb
  • Later than another time, or behind something
  • conjunction
  • Following something before
  • preposition
  • When an event happened or time has passed

she

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US / ʃɪ /

UK / ʃi /

A1
  • pronoun
  • Female person or animal mentioned before
  • (Refers to female person mentioned before)

help

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US / help /

UK / hɛlp /

A1
  • noun
  • Something given to enable a person to do something
  • Assistance given to someone in need
  • Someone who makes something easier or possible
  • verb
  • To act to enable a person to do something; assist
  • To make something better or less difficult

today

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US / tə'deɪ /

UK / təˈde /

A1
  • adverb
  • On this day; at the time that is happening now
  • noun
  • This day; day that is happening now

probably

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US / ˈprɒbəbli /

UK / ˈprɑbəbli /

A1
  • adverb
  • That is likely to happen or be true

again

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US / ə'ɡen /

UK / əˈɡɛn /

A1
  • adverb
  • One more time, once more

part

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US / pɑ:t /

UK / pɑ:rt /

A1
  • adjecitve
  • To some degree; half; not fully
  • noun
  • Division of a book
  • Ratio of something, e.g. 3 of gin, 1 of tonic
  • A line in a person's hair, made with a comb
  • Character an actor plays on stage, movie, or TV
  • Some, but not all of a specific thing
  • Role in causing something to happen
  • verb
  • To make a line in a person's hair, by using a comb
  • To move two things apart creating a space
  • To leave someone, or to break off a relationship

able

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US / 'eɪbl /

UK / ˈebəl /

A2
  • adjecitve
  • Skilled; good at something
  • Having the ability to do something

place

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US / pleɪs /

UK / ples /

A1
  • noun
  • Particular location, area or region
  • verb
  • To put someone in a particular type of situation
  • To put something in a certain location or position

already

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US / ɔ:lˈredi /

UK / ɔlˈrɛdi /

A1
  • adverb
  • Having happened or been done before this time

top

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US / tɒp /

UK / tɑp /

A1
  • adjecitve
  • Being good or great; excellent
  • Being the most in degree or quality
  • noun
  • Item of clothing covering shoulders to waist, hips
  • A cover or lid
  • Part (e.g. road) that is the furthest away
  • Highest or upper part or point of something
  • Best or highest status or position
  • Flat upper surface or edge of an object
  • Child's toy that spins on its point
  • Upper section or leaves of fruits and vegetables
  • Winning in a sport or contest
  • verb
  • To be higher or larger than a specific value
  • To arrive at the highest point of something
  • To put a cover or layer or over something
  • To kill; murder
  • To hold the highest position on a list
  • To be more important, successful or better than
  • To beat someone or win at a game

far

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US / fɑ:(r) /

UK / fɑr /

A1
  • adjecitve
  • A long way away
  • Being a long way away
  • adverb
  • To a large degree or extent

hope

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US / həʊp /

UK / hop /

A1
  • noun
  • When you wish something will happen; what you wish
  • verb
  • To expect and want something to happen

number

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US / ˈnʌmbə(r) /

UK / ˈnʌmbɚ /

A1
  • noun
  • Symbols such as 1, 2, 56, 793
  • Particular song or dance performed during a show
  • Total quantity or amount of things
  • verb
  • To put numbers on things
  • To assign a sequence within a group, series, set
  • To claim to be part of a larger group, series, set

both

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US / bəuθ /

UK / boθ /

A1
  • determiner
  • Used to refer to two things at the same time
  • pronoun
  • Used to refer to two things at the same time

enough

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US / ɪˈnʌf /

UK / ɪˈnʌf /

A1
  • adjecitve
  • Sufficient to answer the need
  • adverb
  • To a satisfactory degree
  • pronoun
  • Equal to what is needed; as much as required
  • Adequate number or amount

high

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US / haɪ /

UK / haɪ /

A1
  • adjecitve
  • Excited or relaxed from taking drugs
  • Being of excellent quality or excellent standards
  • Larger than usual in number, amount or degree
  • Holding an important or powerful position
  • With a sound close to the top of the musical scale
  • Rising upward a great distance
  • adverb
  • At or to a place far above the ground
  • At a great value, amount or price
  • In a way that shows a lot of wealth
  • noun
  • (Weather) area of increased pressure

home

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US / həʊm /

UK / hom /

A1
  • adjecitve
  • A sports team's own field or place of play
  • adverb
  • Into the correct or intended position
  • noun
  • House, apartment or building to be rented or sold
  • Institution for sick or elderly people
  • Place where a person or a family lives
  • Country where a person lives or was born
  • Region that is native to peoples, plant or animals
  • verb
  • To move towards a particular target location

break

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US / breɪk /

UK / brek /

A1
  • noun
  • Time you stop an activity before continuing
  • End of a relationship
  • An escape from a place such as a jail
  • (Lucky) advantage or benefit from something
  • Find a solution or answer to a problem or crime
  • Change in the weather
  • verb
  • To create a new record e.g. running the 100m dash
  • To form a crack in something
  • To burst or become damaged
  • To end a relationship
  • To escape from a place such as a jail
  • To train a wild animal e.g. a horse
  • To separate into pieces by force, or by dropping
  • To act against a law, rule, or promise
  • To become known suddenly, as in the news
  • To not do what you promised e.g. not keep promises
  • To solve a crime, or answer a problem
  • To stop functioning properly
  • To suddenly start, open or commence
  • To change in pitch suddenly, as in a voice
  • To fall on the shore, as in waves
  • To begin or change suddenly; the dawn or weather
  • To defeat by causing the person to lose their will

once

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US / wʌns /

UK / wʌns /

A1
  • adverb
  • One time; one instance
  • At a time in the past
  • conjunction
  • When; as soon as

idea

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US / aɪ'dɪə /

UK / aɪˈdiə /

A1
  • noun
  • Belief, thought, suggestion, opinion or plan

believe

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US / bɪ'li:v /

UK / bɪˈliv /

A1
  • verb
  • To think or accept that something is true
  • To have a particular opinion about something

between

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US / bɪˈtwi:n /

UK / bɪˈtwin /

A1
  • preposition
  • From one person, thing, or place, to another
  • In the space that separates two objects
  • Among two or more people who share something

without

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US / wɪˈðaʊt /

UK / wɪðˈaʊt, wɪθ- /

A1
  • preposition
  • Not with; not having

five

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US / faɪv /

UK / faɪv /

A1
  • number
  • 5

face

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US / feɪs /

UK / fes /

A1
  • noun
  • Side or outer surface of something
  • An expression using mouth, nose, eyes etc.
  • Front part of the head where eyes, mouth etc. are
  • Characteristics you show in public
  • verb
  • To cover a surface with something like paint
  • To deal with a problem or responsibilities
  • To look toward; point in a certain direction

quite

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US / kwaɪt /

UK / kwaɪt /

A1
  • adverb
  • Not very; fairly
  • Very; In a complete or total manner

least

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US / li:st /

UK / list /

A1
  • adverb
  • In the smallest or lowest way
  • noun
  • Something that is of the lowest or smallest degree

problem

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US / ˈprɒbləm /

UK / ˈprɑbləm /

A1
  • adjecitve
  • Causing trouble
  • noun
  • Something difficult to deal with or causes trouble
  • Question to show understanding of a math concept

sit

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US / sɪt /

UK / sɪt /

A1
  • verb
  • To take an exam
  • To be in a resting position on a chair
  • To provide seating for people
  • To remain in a still position while being painted

sort

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US / sɔ:t /

UK / sɔrt /

A1
  • noun
  • Group or class of similar things or people
  • verb
  • To organize things by putting them into groups
  • To deal with things in an organized way

moment

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US / 'məʊmənt /

UK / 'moʊmənt /

A1
  • noun
  • Very short or brief period of time
  • A particular period in time

walk

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US / wɔ:k /

UK / wɔk /

A1
  • noun
  • Journey on foot done for pleasure or exercise
  • verb
  • To move with your legs at a slowish pace

soon

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US / su:n /

UK / sun /

A1
  • adverb
  • At a time not long from now

money

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US / 'mʌnɪ /

UK / ˈmʌni /

A1
  • noun
  • Coins or notes we use to pay for things

deal

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US / di:l /

UK / dil /

A1
  • verb
  • To cope with something - usually troubles
  • To give (something bad e.g. news) to
  • To buy and sell illegal drugs
  • To give out (cards, etc.) to; distribute
  • To do business with someone or to sell products

month

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US / mʌnθ /

UK / mʌnθ /

A1
  • noun
  • One of 12 28-31 day periods in the year

family

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US / 'fæməlɪ /

UK / ˈfæmli /

A1
  • noun
  • Close group of people or organizations
  • A group of people who are related through blood
  • Group of related plants or animals

six

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US / sɪks /

UK / sɪks /

A1
  • number
  • 6

grow

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US / ɡrəʊ /

UK / ɡro /

A1
  • verb
  • To get bigger and more mature; make plants do this
  • To improve; to develop better skills over time
  • To develop and become bigger or taller over time

step

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US / step /

UK / stɛp /

A1
  • noun
  • Movement done as part of a particular dance
  • Distance covered by one movement of a leg; stride
  • One part or stage in a process
  • Sound made by the feet while walking; footstep
  • Flat horizontal piece that forms stairs
  • verb
  • To raise and moving the foot to put it down

whether

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US / ˈweðə(r) /

UK / ˈhwɛðɚ, ˈwɛð- /

A1
  • conjunction
  • If something will happen or not

base

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US / beɪs /

UK / bes /

A2
  • noun
  • Place military personnel live, train, and operate
  • Bottom part of an object that touches a surface
  • Unit of counting, e.g. 10 for counting
  • Most important idea or ingredient to add others
  • Origin or start from which something came
  • Main place where an organization or a person works
  • verb
  • To use as the starting point or origin for
  • To have as the main location for (company, etc.)

system

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US / 'sɪstəm /

UK / ˈsɪstəm /

A1
  • adjecitve
  • Working in an organized, logical way
  • noun
  • Set of organized, planned ideas that work together

strong

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US / strɒŋ /

UK / strɔŋ /

A1
  • adjecitve
  • (Of tea or beer) dark or thick
  • Having big muscles; physically powerful

future

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US / ˈfju:tʃə(r) /

UK / ˈfjutʃɚ /

A1
  • noun
  • Time that is to come after the present

issue

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US / 'ɪʃu: /

UK / ˈɪʃu /

A2
  • noun
  • Important topic discussed, debated or argued over
  • Single edition of a magazine
  • verb
  • To make something available to be used or sold
  • To deliver a statement, etc. in an official manner

term

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US / tɜ:m /

UK / tɚm /

A1
  • noun
  • Conditions applying to an agreement, contract
  • Length of time something is expected to happen
  • Fixed period of weeks for learning at school
  • The (precise) name given to something
  • verb
  • To call; give a name to

news

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US / nju:z /

UK / nu:z /

A1
  • noun
  • Broadcast on radio or TV about recent events
  • Information about recent events

force

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US / fɔ:s /

UK / fɔrs, fors /

A1
  • noun
  • Group of persons trained for military action; army
  • Pressure; attraction
  • The use of physical strength/violence to persuade
  • verb
  • To use physical strength or violence to persuade

situation

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US / ˌsɪtʃuˈeɪʃn /

UK / ˌsɪtʃuˈeʃən /

A1
  • noun
  • Place, position or area that something is in
  • Circumstance or condition surrounding an event
  • An unexpected problem or difficulty

group

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US / ɡru:p /

UK / ɡrup /

A1
  • noun
  • Two or more musicians who play music together
  • Number of people or things gathered together
  • verb
  • To combine or collect objects or people together

within

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US / wɪˈðɪn /

UK / wɪðˈɪn, wɪθ- /

A1
  • adverb
  • Inside the limits of an area, time or range
  • preposition
  • From the inside of something

agree

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US / əˈgri: /

UK / əˈɡri /

A1
  • verb
  • To have the same opinion as someone else

series

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US / ˈsɪəri:z /

UK / ˈsɪriz /

A1
  • noun
  • Set of stories or articles on a particular subject
  • other
  • Number of things that happen one after another

option

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US / 'ɒpʃn /

UK / ˈɑpʃən /

A2
  • noun
  • A choice
  • Right to buy or sell at a certain price and time

totally

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US / ˈtəʊtəli /

UK / ˈtotl:ɪ /

A1
  • adverb
  • In a complete way; completely; absolutely

rule

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US / ruːl /

UK / ruːl /

A2
  • noun
  • Something that is normal and usually happens
  • Governmental control or power over a region
  • Statement that says how things should be
  • verb
  • To decide legally, especially in court
  • To have control or influence
  • To mark with a straight line

increase

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US / ɪn'kri:s /

UK / ɪnˈkris /

A1
  • noun
  • Fact of increasing; amount something grows by
  • verb
  • To make or become larger in size or amount

major

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US / 'meɪdʒə(r) /

UK / ˈmedʒɚ /

A2
  • adjecitve
  • Main league; esp. referring to American baseball
  • Important, serious, or large in scope, size
  • noun
  • High-ranking officer in the army
  • Main subject you study at university
  • verb
  • To study a particular subject at university

switch

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US / swɪtʃ /

UK / swɪtʃ /

A2
  • noun
  • A change or shift from one method to another
  • Thing you move to turn electrical items on or off
  • Thin flexible piece of wood or stick
  • verb
  • To exchange or replace something for another thing

government

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US / ˈgʌvənmənt /

UK / ˈɡʌvənmənt /

A1
  • noun
  • Group of people and system that rule a nation

ten

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US / ten /

UK / tɛn /

A1
  • number
  • 10

original

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US / ə'rɪdʒənl /

UK / əˈrɪdʒənəl /

A2
  • adjecitve
  • Being first made, thought or performed; fresh
  • Being unique or thinking differently from others

protect

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US / prə'tekt /

UK / prəˈtɛkt /

A1
  • verb
  • To defend someone or something from harm or danger

rate

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US / reɪt /

UK / ret /

A1
  • noun
  • Current price or cost of something
  • Speed or frequency of events over time
  • verb
  • To assess something or consider its qualities

score

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US / skɔ:(r) /

UK / skɔr, skor /

A2
  • noun
  • A sharp mark or cut in the surface of something
  • Current number of points given in a game, contest
  • The written notes and parts of a piece of music
  • An achievement of success
  • Number of points on a test
  • verb
  • To mark or cut something with a sharp object
  • To get or give points in a game, contest, or test
  • To achieve success with something
  • To get points in a test

rise

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US / raɪz /

UK / raɪz /

A1
  • noun
  • Act or process of achieving a higher rank, status
  • Ground higher than the areas next to or around it
  • Movement from lower to greater heights
  • verb
  • To wake up and get out of bed after sleeping
  • (Of bread) to get larger due to air being created
  • To achieve greater success and power or rank
  • To increase in quantity, degree, strength, value
  • To move from a lower position to a higher one
  • (Sun, etc.) to appear over the horizon, in the sky

impact

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US / 'ɪmpækt /

UK / ˈɪmˌpækt /

A2
  • noun
  • A striking effect or result to hit with force
  • Very strong influence
  • Act or force of one thing hitting something else
  • verb
  • To hit or strike someone or something with force

describe

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US / dɪ'skraɪb /

UK / dɪˈskraɪb /

A1
  • verb
  • To tell the appearance, sound, smell of something

visit

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US / ˈvɪzɪt /

UK / ˈvɪzɪt /

A1
  • noun
  • Trip to a place for a time, usually for a reason
  • verb
  • To go to a place for a time, usually for a reason

remove

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US / rɪˈmu:v /

UK / rɪˈmuv /

A1
  • verb
  • To get rid of something completely
  • To make someone leave his or her job or position
  • To move, erase or take away from a place
  • To take something off (e.g. clothing)

due

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US / dju: /

UK / du, dju /

A1
  • adjecitve
  • When something is required or expected
  • Owed to a person as a right
  • noun
  • Something you deserve; something you can expect

risk

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US / rɪsk /

UK / rɪsk /

A1
  • noun
  • Actions that cause potential problems
  • verb
  • To do something potentially dangerous or foolish

among

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US / əˈmʌŋ /

UK / əˈmʌŋ /

A1
  • preposition
  • In the center of several things

fear

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US / fɪə(r) /

UK / fɪr /

A1
  • noun
  • Unpleasant feeling caused by being aware of danger
  • verb
  • To be afraid of or nervous about something

famous

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US / 'feɪməs /

UK / ˈfeməs /

A1
  • adjecitve
  • Excellent
  • Widely known; recognized by many people

bell

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US / bel /

UK / bɛl /

A2
  • noun
  • Metal object shaped like a cup that rings when hit
  • Electronic device that makes a ringing sound

town

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US / taʊn /

UK / taʊn /

A1
  • noun
  • Small city
  • Part of city with shops and entertainments

leader

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US / ˈli:də(r) /

UK / ˈlidɚ /

A1
  • noun
  • Person who is in charge of a group or task
  • Person or group who is currently winning

meeting

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US / ˈmi:tɪŋ /

UK / ˈmitɪŋ /

A1
  • noun
  • Gathering of people to discuss something
  • verb
  • To provide something that is necessary
  • To come together at a certain time or place

announce

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US / əˈnaʊns /

UK / əˈnaʊns /

A2
  • verb
  • To make a public statement about a plan, decision

essentially

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US / ɪˈsenʃəli /

UK / ɪˈsenʃəli /

A2
  • adverb
  • Basically; (said when stating the basic facts)

former

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US / ˈfɔ:mə(r) /

UK / ˈfɔrmɚ /

A2
  • adjecitve
  • Being something previously, but not now
  • noun
  • The first mentioned

interest

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US / 'ɪntrəst /

UK / ˈɪntrɪst, -tərɪst, -ˌtrɛst /

A1
  • noun
  • Best or most advantageous thing for someone
  • Activity or subject one enjoys doing or learning
  • Fee for borrowing money
  • verb
  • To make someone want to know about something
  • To persuade to do, become involved with something

direct

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US / də'rekt /

UK / dɪˈrɛkt, daɪ- /

A2
  • adverb
  • Coming straight from something
  • verb
  • To tell someone in a very clear way to do something
  • To show the way by conducting or leading
  • To control the acting in a movie or play

measure

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US / ˈmeʒə(r) /

UK / ˈmɛʒɚ /

A1
  • noun
  • Plan to achieve a desired result
  • Tool used to calculate the size of something
  • verb
  • To determine the value or importance of something
  • To calculate size, weight or temperature of

security

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US / sɪ'kjʊərətɪ /

UK / sɪˈkjʊrɪtisə'kjurətɪ /

A2
  • noun
  • Department in a company in charge of protection
  • Financial document, like stocks, bonds and notes
  • Person paid to protect property and people
  • Things done to protect people, buildings etc.
  • Condition of being safe from danger or harm

credit

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US / 'kredɪt /

UK / ˈkrɛdɪt /

A2
  • adjecitve
  • Having a positive amount of money
  • noun
  • System to buy something and pay for it later
  • Points earned instead of money
  • Quality of having a good reputation for a reason
  • Points earned towards a university degree
  • verb
  • To add a certain amount of money to a total
  • To recognize someone's achievements or help

partner

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US / 'pɑ:tnə(r) /

UK / ˈpɑrtnɚ /

A2
  • noun
  • One you have a business/personal relationship with
  • Someone you have personal relationship with
  • verb
  • To join with others for work or other activity

doctor

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US / ˈdɒktə(r) /

UK / ˈdɑːktɚ /

A1
  • noun
  • Person paid to help people become or stay healthy
  • Person awarded the highest university degree
  • verb
  • To treat someone's illness
  • To change something in order to trick someone

aim

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US / eɪm /

UK / em /

A2
  • noun
  • Act of pointing something at a target
  • Purpose or goal
  • verb
  • To point something at a target
  • To intend to get a thing or for a thing to happen

boss

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US / bɒs /

UK / bɔs, bɑs /

A1
  • noun
  • Person in charge of you at work
  • verb
  • To give orders to someone in an unpleasant way

prime

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US / praɪm /

UK / praɪm /

A2
  • adjecitve
  • Concerning the highest in quality or value
  • Concerning the highest level of achievement
  • Most important, chief importance in value
  • verb
  • To get a person ready for; prepare someone
  • To coat with paint to prepare it for the main coat

extend

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US / ɪkˈstend /

UK / ɪkˈstɛnd /

A2
  • verb
  • To offer something (help, friendship) to someone
  • To reach from one point to another
  • To straighten or stretch something out, e.g. leg
  • To make something last longer

pocket

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US / 'pɒkɪt /

UK / ˈpɑkɪt /

A2
  • adjecitve
  • (As if) small enough to fit in your pocket
  • noun
  • Small cloth bag sewn into clothing to hold things
  • Area of space
  • verb
  • To put something into your pocket
  • To take or hide something illegally

economy

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US / ɪ'kɒnəmɪ /

UK / ɪˈkɑnəmi /

A1
  • noun
  • Using money, resources in a careful, effective way
  • Total of all goods, services and wages in an area

however

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US / haʊˈevə(r) /

UK / haʊˈevɚ /

A1
  • adverb
  • In whatever way; by whatever means
  • conjunction
  • (Used to introduce a counter statement)

financial

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US / faɪˈnænʃl /

UK / faɪˈnænʃ(ə)l /

A2
  • adjecitve
  • Involving money

hunt

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US / hʌnt /

UK / hʌnt /

A2
  • noun
  • A search for animals to kill for food
  • Person's name
  • verb
  • To search for wild animals to kill (for food)
  • To look for very carefully; search for

flick

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US / flɪk /

UK / flɪk /

B1
  • noun
  • Hitting something with your finger to move it
  • verb
  • To hit something with your finger to move it
  • To move a button, switch from on, off positions

bank

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US / bæŋk /

UK / bæŋk /

A1
  • noun
  • A financial institution that keeps or lends money
  • The side of a river
  • A row of things in lines (e.g. computers)
  • verb
  • To put or keep your money in a bank
  • To turn a plane when flying; (of a plane) to turn

minister

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US / 'mɪnɪstə(r) /

UK / ˈmɪnɪstɚ /

A2
  • noun
  • An official who heads a government department
  • Person who performs Christian services

essential

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US / ɪ'senʃl /

UK / ɪˈsɛnʃəl /

A2
  • adjecitve
  • Extremely or most important and necessary

tax

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US / tæks /

UK / tæks /

A2
  • noun
  • Money taken by a government from its people
  • verb
  • To require a lot of physical or mental effort
  • (Government) to take money from a country's people

discussion

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US / dɪˈskʌʃn /

UK / dɪˈskʌʃən /

A2
  • noun
  • Any long communication about a particular topic

combat

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US / 'kɒmbæt /

UK / kəmˈbæt, ˈkɑmˌbæt /

B1
  • verb
  • To fight someone or something physically

difficulty

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US / ˈdɪfɪkəlti /

UK / ˈdɪfɪˌkʌlti, -kəl- /

A1
  • noun
  • Something that is hard to do

duty

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US / 'dju:tɪ /

UK / ˈduti, ˈdju- /

A2
  • noun
  • Work required by your job or position
  • A tax (on imported goods)

priority

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US / praɪ'ɒrətɪ /

UK / praɪˈɔrɪti, -ˈɑr- /

B1
  • noun
  • Thing that is more important/urgent than others

disagree

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US / ˌdɪsə'ɡri: /

UK / ˌdɪsəˈɡri /

B2
  • verb
  • To have a different opinion; to fail to agree

minimum

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US / ˈmɪnɪməm /

UK / ˈmɪnəməm /

B1
  • noun
  • Smallest degree or level that is acceptable

critic

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US / 'krɪtɪk /

UK / ˈkrɪtɪk /

A2
  • noun
  • Person who judges (e.g. art) and gives opinions

relief

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US / rɪˈli:f /

UK / rɪˈlif /

B1
  • noun
  • Aid given to people in need as after war/disaster
  • Artwork, e.g. part of wall, that partly sticks out
  • People who replace other workers and their duties
  • Release from worry, stress or tension

agreement

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US / əˈgri:mənt /

UK / əˈɡrimənt /

A2
  • noun
  • Sharing the same opinion or reach a decision

fundamental

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US / ˌfʌndəˈmentl /

UK / ˌfʌndəˈmɛntl /

A2
  • adjecitve
  • Forming a necessary part, base, or core
  • noun
  • A basic part of something
  • (Music) the lowest note in a harmony

penalty

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US / 'penəltɪ /

UK / ˈpɛnəlti /

B1
  • noun
  • Negative effect resulting from your actions
  • Punishment for committing a crime or offense
  • A punishment for breaking the rules of the game

england

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US / 'ɪŋɡlənd /

UK / ˈɪŋɡlənd /

A1
  • proper noun
  • A European country that forms the largest and most southern part of Great Britain and of the United

resolve

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US / rɪ'zɒlv /

UK / rɪˈzɑlv /

B1
  • verb
  • To make a decision to do something
  • To find an answer, solution to a problem/ question
  • To change gradually into a different form
  • To decide to try to do something
  • To change into something, other parts, etc.

payment

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US / ˈpeɪmənt /

UK / ˈpemənt /

A2
  • noun
  • Amount of money that is paid for something

loan

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US / ləʊn /

UK / lon /

A2
  • noun
  • Act of allowing someone to borrow something
  • verb
  • To give money, etc. that must be paid back

productive

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US / prəˈdʌktɪv /

UK / prəˈdʌktɪv, pro- /

B1
  • adjecitve
  • Producing things in large quantities; fertile
  • Doing a lot of work and achieving a lot
  • Concerning speaking or writing

unprecedented

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US / ʌnˈpresɪdentɪd /

UK / ʌnˈprɛsɪˌdɛntɪd /

B1
  • adjecitve
  • Not having happened before, or to such a degree

adviser

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US / ədˈvaɪzə(r) /

UK / ædˈvaɪzɚ /

A2
  • noun
  • Someone giving advice in business, law etc.

impress

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US / ɪm'pres /

UK / ɪmˈprɛs /

A2
  • verb
  • To make an emotional impact upon
  • To press into a soft material to make a pattern

prominent

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US / ˈprɒmɪnənt /

UK / ˈprɑmənənt /

B1
  • adjecitve
  • Being important or well known
  • Being easily noticeable
  • Sticking out beyond something

inflation

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US / ɪn'fleɪʃn /

UK / ɪnˈfleʃən /

B1
  • noun
  • Act of filling something with air or gas
  • Continual rise in the prices of products

whistle

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US / ˈwɪsl /

UK / ˈhwɪsəl, ˈwɪs- /

B1
  • noun
  • Device making a high sharp sound when blown
  • High sound made by forcing air through your lips
  • verb
  • To make a high sound by forcing air through lips

summon

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US / 'sʌmən /

UK / ˈsʌmən /

B1
  • verb
  • To order someone to come, e.g. to a court of law

reform

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US / rɪ'fɔ:m /

UK / rɪˈfɔrm /

A2
  • noun
  • An improvement, especially in a person's behaviour or in the structure of something
  • verb
  • To re-shape something to a better condition
  • To (cause to) lead a non-criminal life
  • To improve society by removing abuse/injustice
  • To re-shape something into a different form

substantial

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US / səbˈstænʃl /

UK / səbˈstænʃəl /

C2
  • adjecitve
  • (Of a meal) able to satisfy your hunger; filling
  • Being large in degree, quantity, or size
  • Being strongly and firmly made or built

holder

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US / 'həʊldə(r) /

UK / ˈholdɚ /

A2
  • noun
  • Person who owns or has received something
  • Device intended to support another object

spiral

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US / 'spaɪrəl /

UK / ˈspaɪrəl /

B2
  • adjecitve
  • Curved in a continuous circle
  • noun
  • A continuous curve round a central point
  • verb
  • To move in a continuous curve round a point

pledge

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US / pledʒ /

UK / plɛdʒ /

B2
  • noun
  • A formal promise
  • verb
  • To make a promise; make an oath

junior

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US / ˈdʒu:niə(r) /

UK / ˈdʒunjɚ /

A2
  • adjecitve
  • Someone lower in rank
  • Being lower in position or rank
  • Concerning young people
  • noun
  • Student in third year

soar

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US / sɔ:(r) /

UK / sɔr, sor /

B2
  • verb
  • (Of prices, etc.) to increase a lot in a short time
  • To fly or rise high in the air

determination

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US / dɪˌtɜ:mɪˈneɪʃn /

UK / dɪˌtɚməˈneʃən /

B1
  • noun
  • Will to achieve a goal despite difficulties

labour

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US / 'leɪbə(r) /

UK / ˈlebɚ /

A1
  • noun
  • Physical process by which a baby is born
  • The people with work in a community
  • A left-wing political party in some countries
  • (Physically challenging) work
  • All of the workers in a country, specific company
  • verb
  • To struggle to do something because it's difficult
  • To work hard (often physically) for many hours

expire

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US / ɪk'spaɪə(r) /

UK / ɪkˈspaɪr /

B2
  • verb
  • To breathe out
  • To die
  • To come to the end of the time it is valid

mortgage

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US / 'mɔ:ɡɪdʒ /

UK / ˈmɔrɡɪdʒ /

B1
  • noun
  • Long-term loan from a bank for buying property

mandatory

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US / 'mændətərɪ /

UK / ˈmændəˌtɔri, -ˌtori /

A1
  • adjecitve
  • Absolutely required; not optional

disruption

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US / dɪs'rʌpʃn /

UK / dɪs'rʌpʃn /

B2
  • noun
  • When a disturbance stops an activity in progress

offering

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US / ˈɒfərɪŋ /

UK / ˈɔfərɪŋ,ˈɑfə- /

A1
  • noun
  • Something offered to God or gods as act of worship
  • verb
  • To suggest a price you are willing to pay
  • To give the opportunity to accept something
  • To say you are willing to do something
  • To give or say something as an act of worship

nhs

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US / ˌen eɪtʃ ˈes /

UK / ˌen eɪtʃ ˈes /

A1
  • abbreviation
  • (in the UK) National Health Service.

economist

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US / ɪˈkɒnəmɪst /

UK / ɪˈkɑ:nəmɪst /

A2
  • noun
  • A person who studies economics

jeremy

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US / ˈdʒerəmi /

UK / ˈdʒerəmi /

A1

soothe

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US / su:ð /

UK / suð /

B2
  • verb
  • To relieve something, like pain
  • To calm or comfort someone; take away pain

westminster

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US / ˈwestmɪnstə(r) /

UK / ˈwɛstˌmɪnstɚ /

A1
  • other
  • A borough of Greater London on the Thames; contains Buckingham Palace and the Houses of Parliament a

fearful

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US / ˈfɪəfl /

UK / ˈfɪrfl /

A2
  • adjecitve
  • Experiencing or showing fear; scared; afraid

revert

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US / rɪˈvɜ:t /

UK / rɪˈvɜ:rt /

B1
  • verb
  • To return to the original owner again

tory

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US / ˈtɔ:ri /

UK / ˈtɔri, ˈtori /

C1
  • noun
  • British conservative politician

treasury

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US / ˈtreʒəri /

UK / ˈtrɛʒəri /

A2
  • noun
  • Government office concerned with finance

chancellor

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US / 'tʃɑ:nsələ(r) /

UK / ˈtʃænsəlɚ, -slɚ /

B2
  • noun
  • High government official

wiener

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US / 'wi:nə(r) /

UK / 'wi:nər /

A1
  • noun
  • A wiener is a frankfurter

voluntary

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US / ˈvɒləntri /

UK / ˈvɑ:lənteri /

C1
  • adjecitve
  • Done or given by their own will and not forced
  • Done by people working willingly and without pay
  • Being controlled consciously

banker

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US / 'bæŋkə(r) /

UK / ˈbæŋkɚ /

A2
  • noun
  • An executive who works for a bank

homeowner

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US / ˈhəʊməʊnə(r) /

UK / ˈhomˌonɚ /

C2
  • noun
  • Someone who owns a home

obligate

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US / 'ɒblɪgeɪt /

UK / ˈɑblɪˌɡet /

B2
  • verb
  • To force someone to do something, as a duty

charlotte

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US / 'ʃɑ:lət /

UK / 'ʃɑ:rlət /

A1
  • noun
  • A mold lined with cake or crumbs and filled with fruit or whipped cream or custard

lender

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US / ˈlendə(r) /

UK / ˈlendər /

A2
  • noun
  • Person or business that lends money

crystallize

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US / ˈkrɪstəlaɪz /

UK / ˈkrɪstəˌlaɪz /

C2
  • verb
  • To make a substance form into crystals
  • To make something clear or easy to understand

repayment

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US / rɪˈpeɪmənt /

UK / rɪˈpeɪmənt /

B1
  • noun
  • Payment of a debt or obligation

borrower

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US / ˈbɒrəʊə(r) /

UK / ˈbɑːroʊər /

A2
  • noun
  • Person or company that borrows things

moot

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US / mu:t /

UK / mut /

C1
  • adjecitve
  • Not certain; not able to be resolved by discussion

stubbornly

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US / ˈstʌbənli /

UK / ˈstʌbərnli /

B2
  • adverb
  • In a way showing you are unwilling to give in

beset

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US / bɪ'set /

UK / bɪˈsɛt /

C1
  • verb
  • To have or cause great difficulties; harass

libby

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US / ˈlɪbi /

UK / ˈlɪbi /

A1

backbencher

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US / ˌbækˈbentʃə(r) /

UK / ˌbækˈbentʃər /

C1
  • noun
  • Non-leader member of the UK House of Commons

airbase

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US / ˈeəbeɪs /

UK / ˈerbeɪs /

C2
  • noun
  • Military airport

repossess

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US / ˌriːpəˈzes /

UK / ˌriːpəˈzes /

B1
  • verb
  • To take back something not fully paid for

forbearance

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US / fɔ:ˈbeərəns /

UK / fɔrˈbɛrəns /

C1
  • noun
  • Refraining from acting

oxfordshire

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US / /

UK / /

A1
  • proper noun
  • A county of south central England; county town, Oxford.

lloyds

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US / lɔɪdz /

UK / lɔɪdz /

A1

fca

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US / /

UK / /

A1
  • abbreviation
  • Farm Credit Association.
  • Introduction to Video Content
  • Banks are set to offer flexibility to mortgage holders amidst increasing fears of inflation. The Chancellor, Rishi Sunak, has been facing challenges with the NHS and the economy, which were his top priorities at the beginning of the year. Both sectors are now facing difficulties, with the NHS in England expecting disruption as junior doctors plan to walk out for five days. In response to concerns about rising mortgage repayments, Chancellor Jeremy Hunt has met with major banks and lenders to find a solution. The outcome of the meeting was a series of measures aimed at protecting mortgage holders from soaring interest rates, which are being implemented to address stubbornly high inflation. However, critics of the government have expressed disappointment with the measures.
    Key figures from the banking sector, including the CEO of Lloyds, were summoned to the meeting with Jeremy Hunt. The discussions were deemed productive, with pledges of assistance for individuals struggling with increasing mortgage payments. So, what exactly has been agreed upon? Borrowers will now have the option to extend the length of their mortgage term. However, within six months, they will have the ability to revert to their original deal without facing any penalties. Moreover, there will be a minimum period of 12 months before any homes are repossessed. Additionally, individuals seeking financial assistance from banks will not have their credit scores negatively impacted.
    However, one aspect that has not been addressed is tax relief or direct government assistance. The Chancellor has ruled out these options. Sunak believes that the focus should be on tackling high inflation in order to provide families with economic security, put money back into people's pockets, and stimulate economic growth. This is the top priority for the Prime Minister and the Chancellor.
    Overall, these new measures offer mortgage holders more flexibility in managing their repayments, but critics argue that they fall short of providing direct financial relief. Regardless, the government's main objective remains addressing inflation to stabilize the economy and improve financial security for the people.
  • Subtitles section
  • Two major issues are crystallising some of the growing difficulties facing Rishi Sunak.
  • The NHS and the economy were prominent in his famous five priorities back at the start of the year.
  • Six months on, they're both beset by problems.
  • The NHS in England once again faces disruption next month when junior doctors walk out for an unprecedented five days.
  • More on that in a moment.
  • But today, the Chancellor, Jeremy Hunt, was forced to step in to soothe fears of rising mortgage repayments.
  • After meeting the major banks and lenders, he agreed a series of measures to try to protect mortgage holders from soaring interest rates aimed at combating stubbornly high inflation.
  • Measures which did not, however, impress the government's critics.
  • A group of top bankers, among them the boss of Lloyds, summoned to a meeting with Jeremy Hunt.
  • A good discussion, he said.
  • Others described it as productive, with pledges of help for those facing spiralling payments.
  • So what's actually been agreed?
  • In future, borrowers will be able to extend their mortgage term, but within six months, revert to their original deal without a penalty.
  • There'll be a minimum 12 months before any home is repossessed, and if you talk to a bank about financial difficulties, there'll be no impact on your credit score.
  • But what about tax relief or other direct government help?
  • The Chancellor's ruled that out.
  • The biggest thing we can do for those families is be totally resolved and unflinching in our determination to remove high inflation from our economy.
  • That is the Prime Minister and my number one priority, because we know that is the best thing we can do to give people security, to put money back into people's pockets and to get the economy growing.
  • The idea that homeowners should get a tax break has been mooted by some Tory backbenchers.
  • Most economists disagree, as does this former Treasury adviser, but he also believes what's been announced today is essentially fine-tuning.
  • Banks are already obligated by the FCA to show forbearance to lenders, whether that is offering to extend the terms of loans or switch to an interest-only mortgage.
  • So that system is in place today.
  • I think what the Chancellor announced probably today is bells and whistles that sit on top of that, but it's not a fundamental reform.
  • Charlotte Town and her partner already have a 33-year mortgage.
  • Extending it is not an option, and she's fearful of the cliff-edge they'll soon face.
  • Our mortgage payments at the moment are up to £1,650, and based on the rates out at the moment, our mortgage repayments would go up by at least £1,000 a month, so it's quite a substantial increase, with the risk of it going up further between now and when our rates are due to expire.
  • The Labour leader visiting an airbase in Oxfordshire said a voluntary agreement wasn't enough.
  • Making it mandatory, making it the lender's duty to do this is, I think, an essential part of this, and I think the government's sort of saying, well, we hope for the best, we hope that some mortgage lenders do the right thing.
  • That's not strong enough in a situation like this.
  • But the Chancellor believes after today, the vulnerable will be better protected.
  • Libby Wiener, News at Ten, Westminster.