BankingFTSE 100 Live: ‘There’s no clear route out of rate hiking cycle’ — BoE ups to 4.5%May 11, 2023711683815415US shares slideShares on Wall Street are down today following new jobs and inflation data.The S&P 500 has fallen by...
BankingBank of England base rate to go up againMay 9, 202371Financial analysts are unanimously warning that Bank of England base rate will rise yet again tomorrow. If they are...
MortgagesMortgage approvals bounce back but home loan rates ri…May 4, 2023274This was the lowest level since July 2021. If the period since the onset of the Covid-19 pandemic is...
Finance‘Money-printing spree has turned banks into drug addicts’April 30, 202385"So there are losses from long term loans, but there's also the commercial real estate losses to buildings to office...
MortgagesThree million UK homeowners face £1,000 mortgage increaseApril 19, 202365A half point increase in mortgage rates would cost a homeowner with a typical £200,000 loan an extra £83 per...
EconomyRecession or not, UK weakness is inevitableApril 14, 202375The recent debate about whether or not the economy will enter a recession reminds me of the old joke about...
BankingBritain’s property market faces a reckoning – the house price plunge is only beginningApril 9, 202362Inflation will make it much harder for policymakers to step in and alleviate the strain on the housing market if...
BankingBank of England split on future path of rate hikesApril 5, 202370Speaking at the International Centre for Monetary and Banking Studies, chief economist Huw Pill spoke of the need to "see...
MortgagesMortgage approvals rise for first time in six months…March 29, 202399The level of mortgage approvals for home purchases bounced back in February, Bank of England figures show, but buyers are...
BankingBank of England to raise rates again as UK inflation jumps: deVere CEOMarch 23, 2023102The Bank of England is likely to feel compelled to continue increasing interest rates beyond its current level of 4%...