Lenders expect higher default rates on mortgages and credit cards in coming months April 11, 2024 British lenders are seeing increasing demand for mortgages and credit card lending but higher default rates, according to an official survey, as households and businesses struggle with elevated borrowing costs.
UK corporate health ‘stabilises’ as Germany remains ‘most distressed market’ in Europe April 11, 2024 The findings will boost confidence that the UK's corporate sector will face fewer pressures than last year, when 25,000 firms went bust.
Bank of England: Interest rate cuts should ‘still be way off’, MPC member Greene warns April 11, 2024 Greene argued that the UK was actually more at risk of persistent inflation than the US because it has "much more constraint" on the supply side.
Falling mortgage rates drive sentiment in property market to a two-year high April 11, 2024 Recovery in the UK housing market is speeding up, according to the Royal Institute of Chartered Surveyors.
What is middle age? The melancholy of life’s middle years April 11, 2024 Upon the realisation he’s probably lived more than half of his life, Steve Dinneen considers what it means to be middle aged
UK economy: ‘No overall improvement’ for business in first quarter April 11, 2024 "After a slight rise in Q4, levels of business confidence have remained static," the BCC said.
Chamberlin shares plunge as engineering group cuts jobs and hikes prices April 10, 2024 Manufacturer Chamberlin has hiked prices and initiated a wide-ranging cost cutting programme as it deals with a slowdown in demand.
Five graphs that explain the UK economy ahead of GDP, inflation and unemployment data April 10, 2024 The great challenge for the UK economy is to restore some degree of growth following a very sluggish 2023.
What is the Bank of England’s ‘once in a generation’ Bernanke review? April 9, 2024 The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.
Early Easter boosts retail as Brits splash out on food and homeware before summer April 9, 2024 Retail leaders also issued warnings about impending costs such as the rise in minimum wage and business rate hikes, urging the government and Labour to take more action ahead of the General Election.