Average long-term US mortgage rate falls again, easing to lowest level since early April
Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest...
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The big banks have just strengthened their grip on Britain
Nationwide was so desperate to consummate that union that it was willing to destroy its carefully crafted mutual credentials by...
JP Morgan scraps EU cap for 10-fold increase in bankers’ bonuses
JP Morgan has scrapped an EU bonus cap for bankers in London, clearing the way for them to earn 10...
US chipmaker onsemi will invest $2 billion in a chip production facility in the Czech Republic
The U.S. chipmaker onsemi is planning a multi-year investment of up $2 billion in its production facility in the Czech...
Sunak vows to cut taxes after hitting 2pc target
Thanks for joining me. Inflation has fallen to the Bank of England’s 2pc target for the first time in nearly...
Britain’s biggest stock broker poised to approve £5.4bn Abu Dhabi-backed takeover
Wind is poised to overtake gas as Britain’s main source of electricity for the first time this year, as the...
Ashtead posts record profits; Whitbread’s UK sales flatline; SThree hit by challenging market
By This Is Money Updated: 08:26 18 Jun 2024 Share or comment on this article: Among the companies with reports...
Labour risks higher mortgage bills and worse unemployment, says HSBC
The Bank of England is currently laser-focused on whether inflation is proving particularly stubborn in the services sector. Its panel of...
Beware Farage’s £40bn raid on banks – there is no such thing as a free lunch
Some critics argue that stopping the Bank paying interest would be impractical and/or extremely dangerous. Yet the Bank only started...
The EU’s war on Chinese electric cars will sink its once-mighty auto industry
We can argue about whether the Chinese cars are subsidised by the state or are simply manufactured more efficiently by...
