Spring Budget 2024: What do ‘the five families’ of Tory MPs want to see Jeremy Hunt announce? February 28, 2024 For Conservative MPs, Jeremy Hunt's Spring Budget, represents a chance to reverse their party's fortunes and appeal to voters with 'real' Tory-ism.
Mortgage rates are going back UP – but where will they end up? February 23, 2024 A number of mortgage lenders are raising their costs again in a move which will “bring further tears to the eyes of the general public”.
Property lender Together toasts £50m profits as hopeful house-buyers told to stay positive as rates fall February 22, 2024 High interest rates on mortgages helped property lender Together post profits of almost £50m during the final three months of 2023, according to new figures.
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
Ricardian Equivalence and why Britain’s really in a recession February 21, 2024 The intriguing factor governing low household spending isn't mortgages or energy prices, argues Paul Ormerod, but saving...
Scottish affordable house builder Springfield Properties latest to feel the pain of property slowdown February 20, 2024 A Scottish house building company is one of the latest to be financially bruised by last year’s slowdown in property sales.
Moving markets: Five things shaping the FTSE 100 today February 20, 2024 Asia stocks struggle despite China's interest rate cut, while Middle East tensions keep oil prices near three-week highs. Investors are focused on Bank of England's Bailey speech and Nvidia earnings.
China’s central bank slashes mortgage rates in high-stakes bid to revitalize property market February 20, 2024 China's central bank slashed the benchmark mortgage interest rate on Tuesday in a bid to jumpstart the country's sluggish property market and boost its struggling economy.
FTSE 100 close: Strong Barclays results fails to lift London due to China concerns February 20, 2024 Caution gripped the air as investors continued to fret over the prospects of the world's second largest economy.
High interest rates set to dampen lending to firms in 2024 before rebound next year February 19, 2024 High interest rates are expected to limit banks' lending to businesses this year before a rebound in 2025, according to a new forecast, as sticky inflation and high interest rates dent firms' confidence.