Mortgage options reach 16-year high as banks offer lowest rates since June January 8, 2024 The number of mortgage options for borrowers has reached its highest level in almost 16 years, according to financial information website Moneyfacts, as banks slash rates to compete for business in a smaller market.
Rachel Reeves: Sir Howard Davies house price remarks ‘out of touch with reality’ January 5, 2024 Rachel Reeves has slammed Natwest chair Sir Howard Davies' comments on the property ladder, saying the City grandee is "out of touch" with the reality of millions of Brits.
Natwest chair says “it’s not that difficult” to buy a house. The data disagrees. January 5, 2024 House prices continue to outpace wage growth but Natwest chair Sir Howard Davies has told youngsters it's "not that difficult" to get on the ladder
Bargain hunt: How many firms were plucked from London’s markets last year? January 5, 2024 London lost a wave of firms from the public markets this year - and there could be more to come.
First-time buyer numbers ‘were lowest in a decade in 2023’ January 2, 2024 The number of first-time buyers who purchased a home with a mortgage in 2023 is estimated to be the lowest in a decade, according to a building society. Yorkshire Building Society calculated that, across the UK, there were around 290,000 first-time buyers in the mortgage market in 2023, shrinking by a fifth (21 per cent) [...]
A changing China: Looking ahead to commodities in 2024 December 31, 2023 Commodities face an uncertain 2024 as geopolitical and climate risks continue to grow
Seven things banks will be looking out for in 2024 December 31, 2023 A challenging year is in the offing for lenders – from regulatory reform to fraud crackdowns
Which retailers went bust in 2023? December 30, 2023 City A.M takes a look at the biggest retailers which went bust this year — leaving a gaping hole in our high streets and our hearts.
Nationwide: House prices fell nearly 2 per cent in 2023 as higher mortgage costs bite December 29, 2023 House prices in the UK fell 1.8 per cent over the course of 2023, according to the latest data from the Nationwide House Price Index.
City deals slump to post financial crisis low – but a wave of takeovers may be coming December 28, 2023 Dealmaking in the City cratered to its lowest level since the financial crisis this year as rising interest rates and economic jitters shook the market and dampened the appetite for deals.