The Papers: Royal Mail 'cyberattack' and mortgage default warning

The Telegraph besides features the suspected Royal Mail cyberattack connected its beforehand leafage but its main communicative focuses connected the rising outgo of borrowing. The insubstantial writes that much than 750,000 households are astatine hazard of defaulting connected their mortgages implicit the adjacent 2 years arsenic rising borrowing costs marque payments unaffordable, according to the fiscal regulator. The Financial Conduct Authority said much than 200,000 households had fallen down connected payments by the extremity of past June, with bills overdue connected astir 1 successful 40 location loans. Interest rates person risen successful the past fewer months portion ostentation is astatine its highest for 41 years, the insubstantial says.