BankingJamie Dimon—Head Of U.S.’ Largest Bank—Warns Of 8% Interest Rates Along With RecessionApril 8, 202430Topline A chilly scenario for the U.S. economy, in which interest rates climb as high as 8% as the effects...
MortgagesWhy Britain’s homeowners are surviving much higher mortgage ratesMarch 25, 202460Every month 150,000 mortgage holders reach the end of cheap fixed dealsBut while more are falling behind on payments, repossessions...
MortgagesLast of the sub-4% fixed mortgages disappear as HSBC hikes ratesFebruary 22, 202475From tomorrow, HSBC will become the final lender to up its sub-4% dealsFollows hikes by Santander, TSB and Coventry Building...
BankingThe UK’s ‘very small’ recession may be over already, Andrew Bailey saysFebruary 20, 202456By John-Paul Ford Rojas 22:26 20 Feb 2024, updated 00:09 21 Feb 2024 Share or comment on this article: Bank...
MortgagesRevolutionary new mortgage product sees rates fall as…February 12, 202435There’s been widespread speculation that the UK is just weeks away from seeing the launch of a Dutch mortgage product...
BankingHigher interest rates push banks to pay out more dividends than any other sectorJanuary 25, 202498Companies paid out £90.5bn in 2023 driven by the banking sector Payouts increased by almost a third to £13.8bn according to...
MortgagesFour more major banks cut mortgage ratesJanuary 16, 202432More than 50 mortgage lenders have now cut residential rates since 1 JanuaryNatWest has cut rates by up to 0.69%...
MortgagesWhat’s in store for landlords in 2024? Rising rents, falling mortgage rates and Renter’s Reform BillJanuary 1, 202489Rents are forecast to keep rising in 2024, according to SavillsControversial Renters Reform Bill is making its way through ParliamentWe...
FinanceUK deal-making at lowest level since the financial crisis as higher rates and global tensions dent confidenceDecember 28, 202372Dealmaking involving UK companies has fallen to its lowest level since 2009 as higher interest rates and rising geopolitical tensions...
MoneyWhen will the Bank of England cut interest rates?December 13, 202396Bank of England voting on Britain's interest rates on ThursdayBritain's GDP fell by 0.3% in October, ONS data revealed on...