Lenders have made notable reductions to mortgage rates as the property market prepares for potential tax reforms in the forthcoming Budget. Barclays has decreased its five year fixed mortgage rate
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The Bank of England has issued a robust defence of its quantitative easing programme following criticism from Nigel Farage, leader of Reform UK, who cautioned that taxpayers could face a
The Bank of England’s Monetary Policy Committee has left interest rates unchanged at 4 per cent for a second consecutive meeting, with a narrow five to four vote reflecting the
The Bank of England has opted to hold the base interest rate at 4 per cent, following a tight vote from the Monetary Policy Committee where the decision passed by
The Bank of England faces mounting pressure to postpone cutting interest rates this month, as uncertainty hangs over Chancellor Rachel Reeves’s forthcoming budget. The Times shadow monetary policy committee has
The Bank of England faces a decisive moment as members of the Monetary Policy Committee (MPC) prepare for a closely contested vote on whether to reduce interest rates next Thursday.
The European Central Bank has opted to maintain its interest rates at 2 per cent, marking the third consecutive meeting without a rate change. This decision follows a better than
Sterling suffered a sharp decline against both the euro and dollar on Wednesday as warnings of tax rises and a deteriorating growth outlook weighed heavily on the UK currency. Traders
The US Federal Reserve has reduced interest rates for the second consecutive month, moving borrowing costs down to a range of 3.75 to 4 per cent. Policymakers made this decision
NatWest has reported a sharp rise in profits, buoyed by an increase in its net interest margin and strong loan growth, marking its best quarterly performance since before its government
Inflation in the United States reached 3 per cent in September, marking the first occasion this year it has done so and coming in below economists’ expectations. Annual consumer prices
The UK economy may be poised for a positive shift as fresh economic data indicate a resurgence in both growth and confidence. Experts suggest that the climate is improving after
UK inflation has surged to its highest level in nearly two years, fuelling concerns over both household finances and the Bank of England’s path for interest rates. Figures to be
The price of gold soared to a new record, breaking the $3,900 dollar barrier for the first time as investors flocked to the historic safe haven asset amidst deepening economic
UK households have stepped up their savings in the second quarter of 2025, a trend that has raised concerns among economists and policymakers regarding the outlook for economic growth. According
Interest rates in the United Kingdom could be poised for a further drop as inflation is predicted to retreat to the Bank of England’s 2 per cent benchmark, according to
