57 h. ago Business news live: UK house prices hit record level and firms shedding jobs at fastest rate in four years

Stock market news and latest business and finance updates from Friday

Society

5 d. ago Pressure rises on Reeves as government borrowing costs hit 27

Chancellor will face more limited fiscal headroom at budget after yield on 30-year bond increases to 5.68%Business live – latest updatesReshuffle gymnastics prepare Starmer to walk tricky budget tightropeBritain’s long-term borrowing costs have hit their highest level in 27 years, intensifying the pressure on the chancellor, Rachel Reeves, before the autumn budget.The yield, or interest rate, on 30-year UK government debt hit 5.714% on Tuesday. That is its highest level since 1998, indicating that it will cost the UK more to borrow from the markets, above the previous 27-year high of 5.649% set in April. Continue reading...

Events

1 week ago Fertility rate hits record low in England, Scotland and Wales

Last year’s total fertility rate of 1.41 for England and Wales was lowest since comparable data was first collected in 1938, ONS saysThe fertility rate for England and Wales has fallen for the third year in a row to reach a record low, figures show.The total fertility rate across both nations, meaning the average number of live children women can expect to have across their child-bearing life, stood at 1.41 in 2024, down from 1.42 in 2023, the lowest since comparable data was first collected in 1938, according to the Office for National Statistics. Continue reading...

Events

2 w. ago Why the Oasis tour could increase your mortgage rate as inflation hits 3.8%

Households could see mortgage rates once again edge up again over the coming weeks thanks to a surprise uptick in inflation.

Economics

2 w. ago Best savings accounts and cash ISAs after interest rates cut in August

Inflation is likely to hit 4% - so make sure your interest rate is above that while still possible

Economics

2 w. ago A THIRD of listed homes have been reduced as average house price drops £5,000 in a month

Despite the average asking price of a newly-listed property falling by 1.3% in the last month alone, many are still finding it hard to attract a buyer.

Economics

3 w. ago Boost for homeowners as average UK mortgage rate hits ‘turning point’

Mortgage rates hit a peak of 6.65 per cent following a disastrous mini-budget in 2022

Events