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The Telegraph also features the suspected Royal Mail cyberattack on its front page but its main story focuses on the rising cost of borrowing. The paper writes that more than 750,000 households are at risk of defaulting on their mortgages over the next two years as rising borrowing costs make payments unaffordable, according to the financial regulator. The Financial Conduct Authority said more than 200,000 households had fallen behind on payments by the end of last June, with bills overdue on about one in 40 home loans. Interest rates have risen in the past few months while inflation is at its highest for 41 years, the paper says.

Daily Telegraph Front Page 5th of December 2025

David Lammy has suggested the UK consider joining a customs union, arguing it would boost growth and cut red tape. The PM has ruled it out, insisting current arrangements can deliver. The comments reveal a policy split and are likely to prompt renewed pressure from business.

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Daily Telegraph Front Page 4th of December 2025

Ministers plan nationwide live facial recognition, letting police match CCTV to the passport photo database. They say it will speed suspect identification; critics warn of privacy risks, false matches and mission creep. Statutory oversight and safeguards are promised.

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Daily Telegraph Front Page 3rd of December 2025

The Treasury’s permanent secretary has been drawn into a dispute over the Chancellor’s claims about the state of the public finances and the OBR’s advice. A released letter suggests her remarks misled the public, prompting fresh questions over how the fiscal outlook was presented.

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Daily Telegraph Front Page 2nd of December 2025

Rachel Reeves is under pressure after OBR chair Richard Hughes was pushed out just before he was due to give Budget evidence to MPs. Critics accuse the Treasury of silencing scrutiny after an internal row; ministers deny interference. MPs from across parties want full transparency and his testimony.

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