Saturday, October 5, 2024
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Bank of England

Sub 3% mortgages ‘possible’ as BoE hints at ‘aggressive’ interest rate cuts

SUB 3% mortgages could be on the cards as the Bank of England hints at more "aggressive" rate cuts. It comes after a host...

Construction firms report fastest growth in two years as recovery gathers pace

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FTSE 100 LIVE: European stocks mixed as BoE governor points to ‘more aggressive’ rate cuts

Stocks in Asia were mixed overnight with the Nikkei (^N225) rising 2% on the day in Japan, following a rollercoaster few days in Tokyo...

Today’s pound, gold and oil prices in focus: commodity and currency check

The value of the pound dropped sharply on Thursday following comments from Andrew Bailey, governor of the Bank of England, indicating that interest rate...

UK house prices rise at fastest pace in two years

UK house prices rose by 0.7% in September, with this uptick lifting the annual growth rate to 3.2%, the fastest pace since November 2022.The...

LIVE: FTSE up, US stocks tepid as China stimulus and Fed signals lift mood

Pedro Goncalves writes:Oil prices climbed on Tuesday after China unveiled a series of policy measures to support its economy and a major Israeli strike...

Reeves vows to ‘bury Tories’ over economy but faces accusations over blackhole

RACHEL Reeves has vowed to “bury the Tories” over the state of the economy – but faces accusations of inventing the £22 billion blackhole.The...

Public sector pay deals risk keeping ‘mortgage costs higher for longer’

Junior doctors were given a 22pc pay rise, while train drivers have...

The real reason Andrew Bailey should be out of a job

As the Bank of England maintains its high interest rates, it is...

Why Britain’s saving addiction has cast a shadow over Starmer’s growth hopes

This has helped to explain Britain’s weak economic recovery since the pandemic,...

Rate cut reactions, Bank of England, Biden speech: 3 Things

Stock futures (ES=F, NQ=F, YM=F) ride higher Thursday morning after the Federal Reserve opted to cut interest rates by 50 basis points at the...

What the Bank of England’s interest rate decision means for your mortgage

The Bank of England's decision to hold interest rates at 5% was anticipated by many, yet it remains a blow to mortgage holders dealing...

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