Browsing: interest rates

In a surprising move, HSBC has followed the lead of other major UK banks by reducing its mortgage rates. The…

Government borrowing in the UK surged to £15bn in May, the highest level since the Covid crisis. This significant figure,…

Homeowners are pleading for relief as they wait for a cut in borrowing costs.The Bank of England held its current…

Inflation has finally reached its 2% target after nearly three years. Food prices have played a significant role in this…

UK inflation has slowed to 2 per cent in May, its lowest level since July 2021, aligning with the Government…

The UK economy hit a standstill in April, showing no growth, largely due to heavy rainfall impacting consumer spending.This economic…

Labour’s proposed VAT on private school fees is set to stir changes in the housing market. Many expect it to…

A recent survey by KPMG and the Recruitment and Employment Confederation (REC) has highlighted a significant rise in job-seekers. This…

The British Chambers of Commerce (BCC) has revised its forecast for the UK’s economic growth in 2024 and 2025, indicating…

Millennial homeownership in the UK has reached its highest level since 2010. This resurgence is driven by a significant increase…