Rightmove: House prices remain stable despite soaring mortgage rates June 17, 2024 Confidence in the UK housing market has slipped ahead of a general election, despite signs of improvement in recent months.
Renting remains cheaper than buying in UK as mortgage rates soar June 17, 2024 The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
Number of borrowers behind on mortgages jumps to eight-year high June 11, 2024 Households are continuing to feel the strain from the Bank of England's interest rate hikes with the share of mortgages in arrears continuing to creep up.
FTSE 100 today: London markets set to open green; US jobs data key for direction June 7, 2024 Asian stocks were mixed, with oil prices up and the dollar near an eight-week low. All eyes were on the US non-farm payrolls report.
Only Labour can deliver the stability businesses need May 28, 2024 Under the Conservatives, entrepreneurs have lived with chaos, drama and – from time to time – farce. Stability will give business leaders confidence and with confidence comes growth, says Paul Lindley Business confidence makes and breaks companies. When governments destroy that confidence, they can destroy entrepreneurs too. Soon after founding and launching Ella’s Kitchen – [...]
Election 2024: Rishi Sunak takes the plunge on July 4 vote May 22, 2024 As the press gathered at London's most famous front door, Sky News said it understood the speculation about an election was correct.
Scale of tax and mortgage bombshell on London and south east “eye-watering” May 22, 2024 The government has been criticised for a so-called “mortgage bombshell” hitting workers in the commuter belt after it emerged households are facing almost £9m in extra payments.
FTSE 100 today: London markets set to open higher, echoing global trends May 20, 2024 Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.
UK house prices drop due to ‘affordability pressures’ and soaring mortgage costs May 1, 2024 Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.
Barclays shares hit two-year high after profit beats estimates, but investment bank struggles April 25, 2024 Barclays has reported an 11 per cent drop in profit - slightly outperforming analysts' estimates - as the boost from higher interest rates fades and its investment bank struggles to compete with its Wall Street rivals.