Gold peaks, Bitcoin surge and consumer confidence drops are the highlights from Monday’s market analysis. A long-running measure of how consumers feel about their finances…
Browsing: UK interest rates
The UK inflation rate has fallen to 3.4% in the year to February. It marks the lowest level in almost two and a half years.
HSBC, Europe’s largest bank, saw a remarkable surge in its pre-tax profit, skyrocketing by nearly 80% to reach $30.3 billion (£24 billion) in 2023, driven by elevated interest rates.
EXCLUSIVE: Kevin Dowd said the City would ‘have to reorientate itself’ but added: “The potential longer-term opportunities would be enormous”.
UK economy flatlines as higher interest rates bite New figures reveal the UK economy failed to grow between July and September after a succession of…
Average five-year mortgage drops below 6% Newly released figures show the average rate on a five-year fixed mortgage has fallen below 6% for the first…
Tax cuts ‘virtually impossible’ at present, says Jeremy Hunt Jeremy Hunt has said it will be “virtually impossible” to deliver tax cuts until the UK…
UK interest rate decision set to be close call after inflation fall Investors remain divided over whether interest rates will be raised again on Thursday…
Halifax joins rivals in cutting mortgage rates Halifax is poised to make significant reductions to interest rates on select fixed mortgage options, potentially alleviating financial…
Shops offering discounts to tempt hard-hit customers Shops are trying to tempt customers back by offering up promotions as July’s wet weather has hit businesses. …
Today’s news summary – Paper Talk Friday’s front pages feature pictures of protesters who scaled the Prime Minister’s Yorkshire home. Five Greenpeace protesters have been…
UK interest rates expected to rise for 14th time in a row The Bank of England is expected to raise interest rates for the 14th…
Average five-year fixed mortgage rates now above 6% Following last month’s interest rate hike, a typical five-year fixed mortgage deal now has an interest rate…
The idea of getting onto the property ladder is a pipe dream for anyone without family money, generous parents or a seriously well paying job.
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Pay rise surprise leads to forecasts of higher interest rates UK wages have experienced their most rapid growth in 20 years – excluding the impact…
Mortgage rates rise in the UK after inflation surprise Mortgage costs in the UK are rising after higher-than-anticipated inflation figures, leading to revised forecasts for…
Bank of England to hike interest rates to 5.5 per cent to tame scorching inflation CITY AM says The Bank of England will have to…
Food prices rise at fastest rate for 45 years The cost of living rose more than expected last month due to the rising prices of…
Interest rates likely to fall to pre-Covid levels, IMF predicts A new International Monetary Fund (IMF) forecast suggests that interest rates in major economies are…
UK interest rates: Another Bank of England rise expected as prices soar Following an unexpected jump in the rate of inflation, the Bank of England…