Average long-term US mortgage rate snaps five-week string of increases, but remains above 7%
The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home...
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Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
LONDON (AP) — The Bank of England maintained its key U.K. interest rate at a 16-year high of 5.25% though...
Banff residents and businesses to benefit from new banking hub
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LINK, the UK’s cash access and ATM network, has announced...
Tax rises inevitable regardless of who wins election, economists warn
Thanks for joining us. The Bank of England will announce its next decision on interest rates at noon. We will have...
EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
European Union nations have reached a tentative breakthrough deal to provide Ukraine with billions in additional funds for arms and...
Migration failing to drive economic growth and made housing crisis worse, warns report
Karl Williams, of the CPS, said: “Traditionally, the Treasury and much of the rest of Government have modelled immigration as...
Yellen says threats to democracy risk US economic growth, an indirect jab at Trump
WASHINGTON -- WASHINGTON (AP) — Treasury Secretary Janet Yellen argues that a fractured democracy can have destructive effects on the...
U.S. funds research, development of ‘digital twin’ for chips
The Biden administration is looking for proposals from companies that can establish and operate an institution that will develop “digital...
London was never going to be a post-Brexit loser
A Goldman insider says one of the “big reasons” to go ahead with the removal of the bonus cap was...
China’s gold-buying spree could be the straw that breaks the dollar’s back
On top of this, the US may be its own worst enemy. The recent strength of the economy and markets...
