Let’s be honest, demonising landlords won’t solve Britain’s housing crisis January 25, 2024 Landlords are an easy target for our housing grievances, but fewer of them won't help renters, writes Matthew Lesh.
‘Mixed picture’ for London firms as two thirds worry inflation will dampen progress January 24, 2024 Growing concern over the impact of higher interest rates and inflationary pressures came despite the fairly rapid drop in inflation seen at the end of 2023.
Moving markets: Five things shaping the FTSE 100 today January 24, 2024 Asian stocks rise, Netflix surges 8%, stable oil prices, BOC holds rates, attention shifts to upcoming Tesla earnings.
Feeling the benefit: How will tax cuts impact welfare policy? January 23, 2024 It’s no secret that the expected package of tax cuts to be announced in the Spring Budget will make the Bank of England’s job more difficult.
Our credit scoring system is out of date and Generation Rent is paying the price January 23, 2024 Many Brits are forking out thousands on rent but remain credit-invisible; unlocking data could be the solution, writes Alex Marsh.
London renters need 209,000 new homes as government told it has ‘huge task on hands’ January 22, 2024 Some 209,000 new rental homes will be needed in London by 2031 to help deal with the capital’s shrinking pool of housing.
Savings rates have biggest monthly drop since 2009 as banks bet on rebound January 22, 2024 Fixed savings rates have clocked their biggest monthly drop in nearly 15 years, new figures show, as banks slash deals to compete for business and stay optimistic on an economic rebound this year. The average one-year fixed bond fell for a third consecutive month to 4.87 per cent in January – the first time it [...]
Economy: Why the latest data makes a ‘technical’ recession seem (almost) inevitable – with pub spending the only white knight January 19, 2024 The UK appears set to enter recession - and even if the term is in some ways meaningless, it's still very bad news indeed
Retail sales crash 3.2 per cent in December as struggling high street hits Covid-era low January 19, 2024 UK retail sales plummeted 3.2 per cent in December, well below analyst expectations and the largest monthly fall since January 2021 when coronavirus restrictions pushed down sales. Analysts had expected sales to fall by 0.5 per cent in the last month of the year, but a significant drop in both food and non-food store sales [...]
Bank of England survey: Default rates continue rising in 2023 – but at slower pace January 18, 2024 According to bank responses to the Bank of England's quarterly credit conditions survey, default rates on secured lending - which includes mortgage lending - increased in the final quarter of 2023.