Category: Housing market

UK economic growth to rebound in late 2024, leading forecaster says

EY Item Club report hands PM new year boost with prediction that inflation drop will allow interest rates to fall to 4% by year endThe UK economy will benefit from falling inflation and lower interest rates in the second half of...

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Ministers’ 99% mortgage idea could overheat UK housing market, say experts

Scheme to support first-time buyers that would appeal to young voters reportedly being considered by No 10Ministers could be at risk of fuelling a fresh house-price bubble, according to industry experts who have warned about a...

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UK homeowners face £19bn rise in mortgage costs as fixed-rate deals expire

Up to 1.5m households expected to face sharp increase this year, with inflation and tax rises also denting spending power‘Sleepless nights’: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a...

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Jeremy Hunt cuts national insurance but UK tax burden set to hit high amid plummeting living standards – as it happened

Chancellor cuts national insurance but OBR says UK facing biggest fall in living standards since records beganAutumn statement – key points at a glanceJeremy Hunt’s autumn statement tax cuts fuel talk of spring...

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Autumn statement live: Jeremy Hunt cuts national insurance but UK tax burden set to hit high amid plummeting living standards

Chancellor cuts national insurance but OBR says UK facing biggest fall in living standards since records beganAutumn statement – key points at a glanceKeir Starmer has said that a pause in hostilities between Israel and...

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Labour says 630,000 will be hit by surge in mortgage costs before 2024 elections

Long period of high interest rates expected, meaning higher costs for homeowners whose fixed-rate deals are coming to an endLabour has warned that more than half a million homeowners face a surge in mortgage costs before the...

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UK air traffic chaos to cost airlines £100m as ‘dodgy flight plan’ blamed – business live

Rolling live news coverage of business, economics and financial markets as disruption to UK air travel continues into third dayWillie Walsh said said he finds it “staggering” that a single corrupted flight plan could...

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Bank of England poised to raise UK interest rates to 5.25%

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...

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