Finance

Mortgages: New squeeze on landlords will hit renters too

Posted on 13th Jun 2023

High mortgage costs mean landlords face a "turning point", a firm warns, leading to fewer homes to rent.

Warning UK mortgage rates set to rise further

Posted on 12th Jun 2023

It comes as Santander becomes the latest big lender to withdraw deals due to market turbulence.

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.

Nationwide latest lender to raise mortgage rates again

Posted on 16th Jun 2023

One broker describes the current situation as a vicious circle as the mortgage maelstrom continues.

Odey firm to be broken up after harassment claims against its founder

Posted on 15th Jun 2023

The hedge fund will be dismantled after allegations emerged about its founder Crispin Odey.

US holds interest rates steady in first since 2022

Posted on 15th Jun 2023

But the Federal Reserve also said it expected to push rates higher before the end of the year.

UK has no alternative to Bank interest rate rises to calm inflation - Hunt

Posted on 15th Jun 2023

Chancellor says he "unstintingly" supports the Bank of England to "do what it takes" to cut inflation.

What is the UK inflation rate and why is the cost of living rising?

Posted on 14th Jun 2023

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

Pay rise surprise leads to forecasts of higher interest rates

Posted on 13th Jun 2023

Wages rise at their fastest rate in 20 years, excluding the pandemic, but still lag behind the cost of living.

US inflation at lowest since 2021 as fuel prices fall

Posted on 13th Jun 2023

Falling prices for eggs, petrol and furniture helped to cut inflation in the US to 4% in May.

Sainsbury's and Asda told not to block rival stores

Posted on 13th Jun 2023

The supermarkets are accused of stopping rivals opening nearby, potentially reducing consumer choice.

Mortgages: New squeeze on landlords will hit renters too

Posted on 13th Jun 2023

High mortgage costs mean landlords face a "turning point", a firm warns, leading to fewer homes to rent.

Warning UK mortgage rates set to rise further

Posted on 12th Jun 2023

It comes as Santander becomes the latest big lender to withdraw deals due to market turbulence.

Odey to be broken up after sexual harassment claims against its founder

Posted on 15th Jun 2023

The hedge fund will be dismantled after allegations emerged about its founder Crispin Odey.

US holds interest rates steady in first since 2022

Posted on 15th Jun 2023

The bank has already raised rates 10 times since March 2022 as it fights inflation.

What is the UK inflation rate and why is the cost of living rising?

Posted on 14th Jun 2023

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

UK has no alternative to Bank interest rate rises to calm inflation - Hunt

Posted on 14th Jun 2023

Chancellor says he "unstintingly" supports the Bank of England to "do what it takes" to cut inflation.

Pay rise surprise leads to forecasts of higher interest rates

Posted on 13th Jun 2023

Wages rise at their fastest rate in 20 years, excluding the pandemic, but still lag behind the cost of living.