Why lower interest rates might not offer much support to the UK economy April 6, 2024 Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.
House prices: March only slowing property growth, not reversing it April 5, 2024 The price of a home grew by just 0.3 per cent in March, slowing down from a 1.6 per cent rise when compared to the previous month.
Fundsmith Equity tops most-bought list despite ‘doghouse’ performance April 3, 2024 Run by fund manager Terry Smith, Fundsmith Equity reclaimed the top spot on the most-bought list, moving up one place from second.
Buy-to-let repossessions jump 56 per cent as higher interest rates bite April 3, 2024 The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.
‘Life returning to UK housing market’ as mortgage approvals climb to highest level since mini-budget April 2, 2024 Ashley Webb, assistant economist at Capital Economics, also said the figures showed that higher interest rates were having less of an influence on customers' savings behaviour.
House prices fall in March as market continues rates-driven seesaw April 2, 2024 The annual rate of house price growth edged higher to 1.6 per cent in March, from 1.2 per cent in February.
Week ahead: Investors look for rate cut clues on both sides of the Atlantic April 1, 2024 Markets will be closely watching key economic releases in the US and Europe this week, which will offer clues on the likelihood of near-term interest rate cuts.
Farewell transmission: Have interest rates worked to bring down inflation? March 31, 2024 While inflation has fallen from a peak of over 11 per cent to 3.4 per cent, unemployment stands at just 3.9 per cent having fallen in the second half of last year.
UK property market shows steady signs of improvement as sales rise in February March 28, 2024 Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February.
Arbuthnot sees surge in profit after SME deposit growth and ‘helpful’ interest rate hikes March 28, 2024 Arbuthnot Banking Group has reported a surge in annual profit on the back of growth in its small business offering and higher interest rates.