In a significant monetary policy shift, the Bank of England has opted to lower interest rates to 4.75%, reflecting changes in inflationary and economic conditions. This…
The grocery sector anticipates key policy announcements in the new Budget, impacting business operations nationwide.Business leaders emphasise the need for reforms in business rates, impacting high…
Investors are reacting to the Bank of England’s recent rate cut, reflecting both confidence and caution.The BoE reduced interest rates by 25 basis points to 4.75%,…
As mortgage arrears climb, more borrowers are turning to credit sources to manage their monthly payments, reflecting broader economic pressures.Homeowner mortgage arrears have surged 8% over…
September saw a notable rise in second charge mortgage volumes, climbing 27%.Finance & Leasing Association reports a marked increase in new business value to £149m.The sector…
Highlighting a complex landscape, recent data from UK Finance indicates a mixed picture in the mortgage sector.The third quarter of 2024 saw a 3% reduction in…
The re-election of Donald Trump as US President raises concerns over market stability.Experts suggest Trump’s economic policies could lead to increased volatility in UK swap rates.There…
In the aftermath of the US election, the financial markets reacted swiftly to the news of Donald Trump’s return to the White House. The pound experienced…
The latest Barclays Property Insights report reveals increased mortgage and rent spending, but consumer confidence remains strong.Mortgage and rent spending rose by 6.4% in October, the…
