Mortgage approvals hit highest level in two years as housing market recovers September 30, 2024 According to figures from the Bank of England, 64,900 mortgages were approved last month, up from 62,500 in July.
House prices rise at fastest pace in two years September 30, 2024 House prices have risen at their fastest pace in two years as easing mortgage rates shift the UK’s property market back into gear, new figures reveal. House prices across Britain rose by 3.2 per cent year on year in September and 0.7 per cent month on month, according to Nationwide’s house price index. “Mortgage rates [...]
Conservative Party Conference: Tories gear up for bun fight in Brum September 30, 2024 The Tories are gearing up for a bun fight in Birmingham this week as the party gathers for its first conference since July’s catastrophic defeat. A so-called ‘beauty parade’ of the four remaining candidates vying to become Leader of the Opposition got underway this weekend with a flurry of receptions and rallies at the International [...]
Tory conference: What to expect from Birmingham and why does it matter? September 30, 2024 Battling through delayed and cancelled trains from London’s Euston, this weekend saw Tory and Westminster watchers embark on the journey to the Midlands. Rattling around the maze-like International Convention Centre (ICC), the party faithful are gathering for an event that promises to be a combination of a wake, for the past 14 years in government; [...]
Markets doubt Bank of England’s cautious approach to interest rates September 30, 2024 The Bank of England held interest rates at five per cent last week, having cut rates for the first time since the pandemic back in August.
City chief goes all in on gold amid government borrowing surge September 30, 2024 A City manager has gone all in on gold as government borrowing has spiralled to "bonkers" levels as a measure against inflation.
Clearbank eyes flurry of new products amid ‘huge demand’ for fintech September 30, 2024 ClearBank is eyeing up a string of new business lines after hitting profitability and taking its first steps towards international expansion.
Can Asos fight back against Shein and Temu in the market it once dominated? September 30, 2024 To say that investors have lost confidence in Asos may be something of an understatement: its share price has plummeted since April 2021, to the tune of about 90 per cent. The stock resembles a playground slide, dotted with small cliffs that correspond to profit warnings, news of a slump in sales, or lowered guidance. [...]
Labour’s relationship with business was never a love match September 30, 2024 A shambolic ‘business day’ at Labour Party conference reveals the government’s true feelings about the City, says Eliot Wilson Only those addicted to Sir Keir Starmer’s own-brand Flavor Aid would claim that last week’s Labour Party conference was an unqualified success. Assessments were mixed, but it was not the joyful fiesta a new government might [...]
Ten Hag makes Man Utd admission after scathing criticsim from Neville September 29, 2024 Erik ten Hag admits Manchester United must improve after a 3-0 home defeat by Tottenham branded “one of the worst performances I have seen” by former captain Gary Neville. Brennan Johnson, Dejan Kulusevski and Dominic Solanke all scored as Spurs took full advantage of United having Bruno Fernandes sent off before half time. It was [...]