All news on the topic: Interest rates

484
Major banks announce consecutive interest rate hikes, warning they’re “not small”
A string of big lenders have announced interest rate hikes one after the other - as the mortgage market takes a turn for the worse.
451
UK inflation drops below 2% for the first time in three and a half years
Bigger than forecast annual drop to 1.7% in September puts pressure on Bank of England to cut interest rates
421
Bank of England warned to be wary of public sector pay deals
The Bank of England should be on the guard against the potential inflationary impact of Labour’s inflation-busting public sector pay deals, according to economists.
495
Bank of England braced for knife-edge interest rate decision
Markets predict quarter-point cut to 5% when policymakers meet on Thursday
1118
Next set to deliver bumper profits despite the squeeze on consumer spending
The company has already upgraded its profit outlook five times over the past year as it has outperformed rivals amid a challenging economic backdrop
1217
Bank of England expected to leave interest rates unchanged, says top economist
The Bank of England's Monetary Policy Committee will meet during the week to see if the economy is showing signs that it's time to start cutting rates
815
Coventry Building Society savings account pays 6.75%, but only if you're 'loyal'
The account lasts for 12 months and savers can deposit up to £250 each month
503
Berkeley Group on track to report £550m pre-tax profit despite house sale fall
The group, which specialises in urban regeneration projects and higher-end homes, told investors that it is on track to report a pre-tax profit of £550m
859
Vistry to build more than 17,500 homes as it expects rise in demand to continue
The business said that it would accelerate the rate at which it was building from 16,118 homes completed last year
693
Savills profits tumble as 'extremely subdued' global property market takes toll
The estate agency said it had been hit by the lowest levels of sales volumes in real estate markets for a decade, as well as restructuring costs
825
Martin Lewis urges everyone born in certain years to put £1 in bank account
Martin Lewis has issued a warning to anyone born in certain years to put £1 in a bank account as soon as possible - and it's all to do with buying a house and getting on the property ladder
793
More choice for buyers as 'solid rise' in sellers putting homes on the market
There has been an increase in sellers putting their homes on the market in February, with the strongest upswing recorded since autumn 2020, according to surveyors
917
The Gym Group pumps up its presence with plans for 50 new locations
The low-cost gym operator said it was well placed to benefit from the challenging economic backdrop
439
Households freed from contracts that doubled ground rent every 10 to 15 years
Over 500 households will be freed from "problematic" leaseholds and will have their ground rent returned to the original amount when they first bought their homes
737
Morrisons reports £1 billion loss as supermarket chain counts cost of debt
The retailer, which was bought for £7 billion by US private equity firm Clayton, Dubilier & Rice in 2021, reported the heavy loss for the year in freshly filed Companies House accounts
748
One in five shop staff has suffered a violent attack, reports retail union Usdaw
A survey of more than 5,500 shop staff showed that almost one in five suffered a violent attack last year, compared with 8% in 2022.
1105
Persimmon profits slump to £351m as housebuilder warns of a tough year ahead
The Charles Church builder saw pre-tax profits fall to £351.8 million in 2023 from £730.7 million the previous year
559
Paying off debt, holidays and doing up home are top reasons to save - Nationwide
Half of people are saving less each month than they did before the cost-of-living crisis, the research found
543
Food labelling to be made clearer to help shoppers buy 'high quality' produce
The plans will also help consumers make buying decisions that 'align with their values'
1164
Huge London affordable home shake-up will save taxpayers billions, report finds
The New Economics Foundation (NEF) found that Sadiq Khan's plan to let councils buy homes and turn them into affordable housing could save taxpayers a massive £2.2billion
432
Bitcoin hits all-time high as regulator opens door to crypto-linked securities
Britain's financial watchdog said it would allow cryptocurrency-linked products for professional investors
1118
Persimmon, Berkeley and Vistry set to reveal fragile state of property market
The UK's property market will be in focus this week as a number of housebuilders reveal their latest trading updates
695
DS Smith shares soar as Amazon packaging firm agrees to £5.1 billion takeover
The mega-merger is set to create a paper and packaging giant worth more than £10 billion in value
892
Savers issued warning over tax trap that could eat away at your cash
For 20% basic rate taxpayers, the personal savings allowance is £1,000, and for higher 40% rate taxpayers, it is £500, while additional 45% rate taxpayers receive no tax break