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      UK taxes on wages rose by more than any OECD country

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4340 Search results for mortgage rates

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  • Rents rise at slowest rate for four years, Zoopla warns

    September 12, 2025

    Skyrocketing rents in the UK have given way to a steadier increase as the supply of homes rises and tenant demand falls, according to new figures. Average rents are 2.4 per cent higher than a year ago, the lowest annual rate in four years and less than half of that recorded 12 months ago, Zoopla [...]

  • Shopper confidence falls as Brits expect food inflation to climb

    September 9, 2025

    Surging food inflation has dented Brits’ confidence at supermarkets, with many expecting food prices to climb even further, according to new data. Inflation at the grocers hit five per cent in the four weeks ended August 10, down from 5.2 per cent in the previous month but well above the wider UK rate of 3.6 [...]

  • Andrew Bailey slams Trump’s ‘dangerous’ threats against US Federal Reserve

    September 3, 2025

    Bank of England Governor Andrew Bailey has said he is “very concerned” about President Trump’s threats against the US Federal Reserve.  In a hearing before the Treasury Select Committee, Bailey said the threat to the Fed’s independence was a “very serious situation”.  The Governor said he was worried about attempts to “trade off” monetary and [...]

  • How likely are property tax reforms in the Autumn budget?

    September 3, 2025

    Rumours have been swirling in Westminster about a variety of property tax changes Rachel Reeves might introduce in this Autumn’s budget – or further down the line – in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges. The Treasury is reportedly looking into [...]

  • There are no incentives to buy or move home, Rachel Reeves warned

    September 1, 2025

    Chancellor Rachel Reeves has been warned there are no incentives for people to buy or move home and that the Labour government needs to take action to ‘tackle the malaise’ in the building materials industry. John Newcomb, CEO of national trade body BMF (Builders Merchants Federation), added that “immediate intervention is now needed to thwart [...]

  • The worrying bond market trend no one is talking about

    September 1, 2025

    Spiking interest rates on the UK government’s borrowing costs have set off a fresh wave of commentary on the health of Britain’s economy. Ali Lyon explores why it is only long-dated bonds where tremors have been most pronounced, and why the U has plenty of company. What will you be doing in 30 years’ time? [...]

  • Mortgage approvals rise for third month in a row 

    September 1, 2025

    Mortgage approvals for house purchases edged up in July, the third month in a row that has seen a rise, official data has shown.  Money and credit statistics published by the Bank of England showed the housing market remains intact despite fears it might slump ahead of the Autumn Budget. The rise in approvals came [...]

  • National Insurance ‘final nail in coffin’ for landlords as some already seek exit

    August 29, 2025

    A national insurance raid on landlords’ rental income risks being the final straw for smaller landlords, with some already making plans to leave the sector. The Chancellor is reportedly examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Earnings from property, pensions and savings are currently largely exempt from NI [...]

  • House sales rise in summer, but will property tax rumours kill confidence?

    August 29, 2025

    The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]

  • Household costs hit private renters and families in Labour’s first year

    August 28, 2025

    Household costs rose higher for families and renters than other groups in the year to June, official data has shown, as inflation has nearly doubled in the first year of Labour compared to the last year of the previous Conservative government. The Office for National Statistics (ONS) said overall UK household costs rose by 3.9 [...]

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