23 h. ago FTSE 100 Live 18 December: Interest rates set to fall, BP appoints new CEO

The Bank of England will today reduce the cost of borrowing by cutting interest rates from 4% to 3.75%.

Politics

45 h. ago FTSE 100 Live 17 December: Stocks surge amid inflation cheer, interest rate set to fall

The rate of inflation fell far more quickly than expected last month, paving the way for another cut in interest rates tomorrow.

Economics

47 h. ago FTSE 100 Live 17 December: Index rallies amid inflation cheer, interest rate set to fall

The rate of inflation fell far more quickly than expected last month paving the way for another cut in interest rates tomorrow.

Economics

48 h. ago FTSE 100 Live 17 December: Inflation rate shows surprise fall, oil price steadies

The rate of inflation fell far more quickly than expected last month paving the way for another cut in interest rates tomorrow.

Economics

64 h. ago Inflation to cool further in November as food prices dip, economists think

The rate of Consumer Prices Index inflation is widely expected to fall to 3.5% in November, from 3.6% in October.

Economics

8 d. ago London housing market to strengthen as wages rise and rates fall, Berkeley says

The company, which specialises in building homes in London, said the long-term outlook is ‘more positive’ particularly in the UK capital.

Politics

9 d. ago Banks in mortgage war as rates plunge in major boost to buyers

Santander and Nationwide have both dropped rates again in a bid to spark up property moves

Economics

1 week ago Choice of low deposit mortgages ‘highest since 2008’ while fixed rates continue to fall

Mortgage rates have also been falling, according to Moneyfacts

Politics

1 week ago UK mortgage rates fall to lowest since September 2022; China’s trade surplus hits $1tn – business live

Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US marketsBack in China, car sales have fallen for the second month running.Retail vehicle sales fell about 8% to 2.1 million units in November, according to data published by the China Passenger Car Association today. This shows a 22% slump in sales of gasoline cars, with new-energy vehicle sales rising 4.2% for the month.“Usually the trend at the end of the year is that the car market should get stronger and stronger from October. But the retail sales in November compared to previous years is unusual.”“Mortgage rates continue on the downward trend and November was particularly fruitful for fixed rate cuts.The re-pricing by lenders led to the average five-year fixed rate dropping below 5% for the first time in over two years and sits at its lowest point since before the ‘mini-Budget’ in September 2022, alongside its two-year counterpart. Continue reading...

Economics

2 w. ago Budget crisis engulfs Rachel Reeves as OBR watchdog slams Treasury briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Events

2 w. ago Budget crisis grows for Rachel Reeves as watchdog slams briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Events

2 w. ago Reeves tax rises to hit UK economic growth, warns OECD as Cabinet meets after Budget bust

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Events

2 w. ago Yen rises and bonds fall after BoJ governor hints at rate increase

Kazuo Ueda’s remarks ‘clearly signal’ possibility of tightening in December meeting, say analysts

Politics

2 w. ago How homeowners’ plans to downsize could be impacted by Budget as mortgage rates fall

A new mansion tax and falling interest rates for mortgage deals might have older homeowners considering a move

Economics

3 w. ago Every 10 minutes a woman or girl is killed by a partner or family member, UN finds

The United Nations has released a report on femicide showing that one woman or girl is killed by a partner or family member almost every 10 minutes, with rates refusing to fall.

Events