EconomyFour reasons why interest rate cuts could stay higher for longerJune 9, 2024105The upshot is that even if the headline rate dips below the official target of 2pc in the coming months,...
MortgagesUK house prices remain ‘fairly static’ in MayJune 7, 202489UK house prices remained “fairly static” in May, falling by just 0.1 per cent on a monthly basis, research from Halifax...
MortgagesUK house prices stall amid high mortgagesJune 7, 2024106Average house prices fell by 0.1% between April and May. (Empics Entertainment)House prices in the UK dropped slightly last month...
BankingSNP tells Bank of England the ‘time is now right’ for interest rate cutJune 5, 202470A cut in interest rates is needed from the Bank of England to help fix the “Tory mess” in the...
CurrenciesKing Charles III currency notes introduced in UK: Will old notes be invalid? Find outJune 5, 2024132The Bank of England has asked people to return old banknotes featuring the portrait of Queen Elizabeth. Brand new banknotes...
FinanceKing Charles banknotes enter circulation in UKJune 4, 2024101By David MillikenLONDON (Reuters) - Banknotes featuring a portrait of King Charles entered circulation in Britain on Wednesday, nearly two...
BankingMajor high street bank to make big change to overdrafts for millions of customersJune 4, 2024115A HIGH street bank is making a major change to its overdrafts, impacting millions of customers.Lloyds Banking Group, which runs...
InvestingWhy interest rates drive share pricesJune 3, 202476The risk-free rateThe yield offered by a government-issued bond is usually seen as the risk-free rate for investors in that...
CurrenciesUK Digital Securities Sandbox: limits and digital currency highlighted in consultation feedback – Ledger InsightsJune 3, 202446The Bank of England and FCA’s joint consultation on the UK’s Digital Securities Sandbox closed last week. We reviewed four...
BankingRBI flew 100 tons of gold from UK to India and more may be on its way – FirstpostMay 31, 2024102Gold bars. Source: FILE/REUTERS.In a first since early 1991, over 100 tonnes (1 lakh kilograms) of gold have been moved...