BankingBank of England interest rate rises push mortgage costs up by a fifthAugust 10, 202375Mortgage payments for the average household have soared by a fifth since the Bank of England first began its policy...
MortgagesMore than 60,000 homes in Scotland at risk of repossession – LabourAugust 6, 202362More than 60,000 homes in Scotland could be at risk of repossession due to soaring mortgage costs, analysis by Scottish...
BankingFTSE 100 Live 03 August: Bank of England rate rise due, Next ups guidanceAugust 3, 2023731691048866Next ups profit forecast againNEXT fashioned another profit upgrade today, offering hope for the wider high street and reminding the...
BankingSavers have no right to complain about ‘poor’ bank interest ratesAugust 2, 202368This is important not just because it offends people’s sense of fair play, and taps into a deeper narrative of...
BankingThe disastrous consequences of the Bank of England’s actions are now becoming clearJuly 29, 202365Following the 2008 crash, the Bank of England embarked on an unprecedented course of “quantitative easing” (QE) in an attempt...
MortgagesAs UK housing costs rise, anxiety grips homeowners, rentersJuly 20, 202369LONDON – For Sadie James, the cost-of-living crisis in Britain just never seems to ease. First, it was skyrocketing energy...
BankingEurope to dodge recession as UK fate looks glumJuly 14, 202365In a research note published today (14 July), the bank argued that while there were signs European economic activity may...
MortgagesMortgage borrowers race to take in lodgers as interest rates riseJuly 9, 202395Traditionally, live-in landlords were typically empty nesters with large properties but less income, Mr Hutchinson said. However, this is changing.He...
BankingIt is time for short-changed savers to boycott Britain’s contemptuous big banksJuly 7, 202376It’s the work of sheepish officials who have failed to hold these companies to account, scrambling to make amends in...
CurrenciesSunak’s Britcoin currency ‘could be used to check ages and nationalities’July 7, 202363Rishi Sunak’s new “Britcoin” digital currency could be used to check shoppers’ ages or nationalities, a developer working on the project has said,...