Interest rates go up to 5%
The Bank of England has raised interest rates by half a percentage point to 5% -- the highest level in 15 years. It's the 13th consecutive increase as part of…
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Interest rate rise expected as inflation remains unchanged
UK inflation stood at 8.7% in the year to May, the same as the rate in April, according to the latest official figures. Analysts had expected the monthly report from…
Grocery inflation continues to ease
Supermarket prices in the UK are still rising, but the rate of price growth has now fallen for the third month in a row. Industry analyst Kantar found that in…
Average two-year fixed mortgage deal now over 6%
The average rate for a two-year fixed mortgage has climbed to 6.01%, rising above 6% for the first time since the end of last year, according to new data from…
What are the barriers to Angel Investing?
by Chloe Vernon-Shore, Partner at UK law firm Michelmores As investors err on the side of caution amid economic concerns, data suggests that appetite for business investment remains high, particularly…
Early signs’ that food inflation is easing, says Tesco
Tesco is seeing "encouraging early signs" that grocery price rises are starting to slow, the supermarket says. While overall consumer price inflation has dropped to 8.7%, food inflation has remained…
Astraea Group Enhances Team with New Partner
Astraea Group welcomes a new partner, marking a significant enhancement to its investigations practice.Piers Rake brings 20 years of professional experience to Astraea Group.His expertise spans commercial litigation and high-stakes…
Payrow’s Innovative Solutions Slash Costs for Retailers
British fintech firm Payrow is revolutionising the way retail businesses manage their finances efficiently.Through automation and digital tools, they are minimising operational costs, allowing small and medium-sized enterprises to streamline…
Vodafone/Three merger plans set for competition scrutiny
The UK's Competition and Markets Authority (CMA) is likely to take a close look at a proposed merger between Vodafone and Three in the UK market. Under the merger agreement,…
Wrightbus secures £50m financing to boost hydrogen bus exports
A £50m loan backed by the UK government will help boost exports of electric and hydrogen-powered buses. The financing will enable bus manufacturer Wrightbus to expand into new markets, such…
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