Finance

People turn to microwave meals as prices soar

Posted on 20th Jun 2023

People are thinking more about what they eat and how they cook, research shows.

Morrisons and M&S follow rivals to cut food prices

Posted on 19th Jun 2023

Basic items are to be discounted as retailers face pressure to help ease the cost of living.

Mortgage rates: Average two-year fix now above 6%

Posted on 19th Jun 2023

It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.

Warning interest rate rise to slash spending power

Posted on 21st Jun 2023

Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says.

UK inflation shock: This is really grim

Posted on 21st Jun 2023

Investors are now questioning whether the Bank is in full command over soaring prices.

What is the Bank of England and why does it change interest rates?

Posted on 21st Jun 2023

The Bank of England has put up interest rates to 4.5% as it continues to try to control inflation.

UK inflation unchanged in May as cost of living remains high

Posted on 21st Jun 2023

Inflation, which is the rate at which prices rise, remained at 8.7% in the year to May, figures show.

Is Brexit behind the UK's inflation shock?

Posted on 21st Jun 2023

Some claim leaving the EU may be to blame for the UK's stubbornly high inflation, but it's a complex picture.

Is food inflation higher in Europe than in the UK?

Posted on 20th Jun 2023

Food prices are growing faster in the UK than in Germany, Portugal or Sweden.

Jeremy Hunt rules out government help on mortgages

Posted on 20th Jun 2023

Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.

What is the UK inflation rate and why is it so high?

Posted on 20th Jun 2023

The rate at which prices are rising remains high, driven by soaring food prices.

Rent: 'We've got £1,750 a month and can't find anywhere'

Posted on 20th Jun 2023

Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show.

People turn to microwave meals as prices soar

Posted on 20th Jun 2023

People are thinking more about what they eat and how they cook, research shows.

Morrisons and M&S follow rivals to cut food prices

Posted on 19th Jun 2023

Basic items are to be discounted as retailers face pressure to help ease the cost of living.

Mortgage rates: Average two-year fix now above 6%

Posted on 19th Jun 2023

It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.

Will soaring mortgage costs push the UK into recession?

Posted on 18th Jun 2023

There is unexploded ordnance in the UK economy, and there are fears that it will start to ignite.

Mortgages to go up by average of £2,900 a year for 800,000, says Resolution Foundation

Posted on 17th Jun 2023

Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says.

Mortgages: What happens if I am really struggling?

Posted on 16th Jun 2023

Homeowners are worried about higher mortgage costs, but lenders must help those struggling.

Average two-year mortgage rate close to 6%

Posted on 16th Jun 2023

Lenders have been increasing the cost of new fixed-rate deals rapidly during a tumultuous week.

Amazon cleared to buy iRobot vacuum cleaner maker

Posted on 16th Jun 2023

The UK competition watchdog says the online giant can buy iRobot, the maker of Roomba cleaners.