BankingBank of England to grow ‘northern hub’ with 500 staffMay 17, 202413The Bank of England has revealed a major expansion of its presence in Leeds as part of efforts to spread...
FinanceUK inflation highs saw Brits spending less and saving moreMay 17, 202414Official data next Wednesday is expected to show inflation returning to close to the Bank of England's 2% target for...
MortgagesFresh relief for thousands of homeowners as THREE major lenders cut mortgage rates by up to 0.45%May 16, 202418HOMEOWNERS have been handed a fresh boost as three major lenders gear up to slash mortgage rates.TSB, Barclays and HSBC...
BankingSignificant UK inflation was ‘unavoidable’, says Ben BernankeMay 15, 202414The UK’s recent surge in inflation was “unavoidable” even if the Bank of England had made improvements to its systems,...
BankingUK inflation ‘unavoidable’ but Bank of England should revamp forecasting model, says BernankeMay 15, 202416Ben Bernanke said Bank of England should investigate forecast errors. (Andrew Harnik, Associated Press)The double digit record high inflation that...
BankingUnrepentant Bank of England refuses to learn from its failuresMay 14, 202419Yet if it had so little impact, why did both Switzerland and Japan, which were subjected to the same external...
FinanceStrong UK pay growth puts interest rate cut path at riskMay 14, 202414Real pay increased to 2.4% after taking inflation into account. The data could cloud the Bank of England's interest rate...
Mortgages‘Serious questions’ for lenders as ultra-long mortgages surgeMay 13, 202419Banking trade body UK Finance’s latest Household Finance Review found that one in five first-time buyers took out a mortgage...
FinanceUK employers plan 4% pay rises in coming year, survey showsMay 12, 202424By Suban AbdullaLONDON (Reuters) - British employers expect to raise wages by 4% over the coming 12 months, a similar...
MortgagesWarning for 1million young homeowners who will be paying off ‘ultra- long’ mortgages in retirementMay 12, 202423MORE than one million homeowners are being warned that they could be paying off "ultra-long" mortgages into their retirement.Budding young...