Summary

  • Labour's Keir Starmer begins PMQs by asking Rishi Sunak if the UK is facing a "mortgage catastrophe"

  • This comes against the background of of stubbornly high inflation figures - and the assumption the Bank will hike interest rates again

  • Sunak says it is right to "support" those with mortgages but the best way to do this is to lower inflation

  • Starmer says the cause of the "mortgage catastrophe" is a Tory "kamikaze budget" - Sunak says Starmer is ignoring global pressures on inflation

  • The SNP's Stephen Flynn asks if the PM will admit Brexit's impact on inflation. Sunak again points to global factors

  • The UK's annual inflation rate stayed at 8.7% in May, which has increased pressure on the Bank of England to raise interest rates

Live Reporting

Edited by Marita Moloney and Dulcie Lee

  1. Sunak to face Starmer at PMQs

    Marita Moloney
    Live reporter

    Good morning and welcome to our live coverage of this week’s Prime Minister’s Questions.

    PM Rishi Sunak is set to face the Leader of the Opposition Sir Keir Starmer in the House of Commons at noon.

    He’s likely to be pressed on the cost of living, after figures released this morning showed that inflation remained at a stubbornly high level of 8.7%.

    Mortgages are also potentially on the agenda, after Chancellor Jeremy Hunt ruled out introducing major financial support to mortgage holders over fears it would drive the cost of living higher.

    Sunak will also face MPs for the first time since missing a vote to approve the report into Boris Johnson misleading Parliament over Partygate, which MPs overwhelmingly supported.

    We have reporters poised in New Broadcasting House and at our office in Millbank, and we’ll be bringing you analysis from our correspondents in Parliament too, so stay with us.