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Fears remain over stubborn inflation but slowing economy likely to fuel more cautious approach from rate-setters, say analysts‘It’s a bloodbath’: UK homeowners on variable mortgagesThe Bank of England is poised to push interest rates to 5.25% on Thursd…
With the cost of borrowing likely to rise again, we speak to some of the 1.4m people on variable rates dreading the latest decisionBank of England poised to raise UK interest rates to 5.25%“It’s a bloodbath, that’s the way I’d like to describe it,” say…
An anonymous reader quotes a report from Ars Technica: A group of Internet service providers that won government grants are asking the Federal Communication Commission for more money or an “amnesty window” in which they could give up grants without pen…
Other retailers say they are working with government on implementing industry-wide comparison service Asda has begun publishing local fuel prices at its forecourts online, becoming the first retailer to launch the service following pressure from the co…
Nationwide says cost of a typical home is £260,828 after 3.8% year-on-year drop in JulyBusiness live – latest updatesUK mortgage approvals rise despite surge in interest ratesAnalysis – mortgage rates show sign of easingUK house prices fell last month …
Clothing and footwear among items reduced most in July as retailers try to counter bad weatherThe UK’s biggest retailers have reported the first monthly fall in shop prices for two years, as stores tried to tempt in customers with big discounts during …
Surprise jump in demand for home loans as borrowers ‘scramble’ to get ahead of interest rate increasesAnalysis – mortgage rates show sign of easingBusiness live – latest updatesMortgage approvals in the UK rose to their highest level since October 2022…
FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customersUK retail financial services set for biggest overhaul in 20 yearsBanks have been given four weeks to justify low savings rates to the City…
FCA’s new rules aimed at improving value for money for customers and preventing ‘foreseeable harm’The biggest regulatory shake-up of UK retail financial services for two decades will come into force on Monday in an effort to crack down on rip-offs and …
Measures to help households seemingly abandoned by ministers, says campaign groupThe UK government has been accused of betraying the most vulnerable in society by seemingly abandoning support for a social tariff that would help households pay for their…