1 hour ago Asian benchmarks mostly decline as investors anticipate US rate cut

Asian shares are mostly lower, trading in a narrow range ahead of a Federal Reserve meeting that’s expected to result in the third cut to interest rates this year

Economics

20 h. 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

26 h. ago NatWest announces major mortgage rate cuts following rivals Santander and Barclays

The cuts come ahead of a Bank of England base rate decision next week

Politics

43 h. 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

5 d. ago FTSE 100 LIVE: London underperforms against peers as latest US data confirms Fed rate cut expectations

FTSE 100 LIVE: London underperforms against peers as latest US data confirms Fed rate cut expectations  Yahoo Finance UK

Economics

6 d. ago Mortgage misery for 4M households as bills will soar over next three years, warns Bank of England

Nearly four million households will be hit with higher mortgage costs over the next three years even though interest rates are now coming down, the Bank of England has said.

Events

7 d. ago Mortgage misery for four million households as bills soar despite interest rate cuts

Nearly four million households will be hit with higher mortgage costs over the next three years even though interest rates are now coming down, the Bank of England has said.

Economics

8 d. ago DAN TOMLINSON: 'Lower bills for families will mean more spare cash to spend on the high street'

Writing for The Mirror, Treasury Minister Dan Tomlinson said pubs, restaurants, bars, and shops will be getting their first ever permanent cut to their tax rate

Economics

2 w. ago Premium Bonds rates update for all customers ahead of Budget

The prize fund rate for Premium Bonds has been cut several times this year

Economics

2 w. ago Asian shares mixed after Wall Street gets a lift from hopes for a Fed rate cut

Asian shares are mixed after U.S. stocks rallied

Politics

2 w. ago US stocks steady after top Fed official signals openness to rate cut

John Williams says there is ‘room for a further adjustment’ in borrowing costs

Politics

2 w. ago US stocks rise after top Fed official signals openness to rate cut

John Williams says there is ‘room for a further adjustment’ in borrowing costs

Politics

2 w. ago US stock futures rise after top Fed official signals openness to rate cut

Wall Street equities slid in previous session amid persistent worries over AI valuations

Politics

2 w. ago Fed minutes: Most officials supported more rate cuts but not necessarily in December

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday

Politics

2 w. ago Federal Reserve officials ‘strongly’ divided on December rate cut

Minutes from central bank’s October meeting pointed to schism on direction of monetary policy

Politics

2 w. ago FTSE 100 Live 19 November: Inflation dip fuels rate cut bets, WH Smith boss quits

Inflation fell to 3.6% last month as official figures today provided a pre-Budget boost for Rachel Reeves.

Economics

3 w. ago London stocks sink in global rout on Fed rate cut, valuation jitters

London stocks sink in global rout on Fed rate cut, valuation jitters  Reuters

Politics

3 w. ago Crypto market sheds more than $1tn in six weeks amid fears of tech bubble

Bitcoin price at lowest level since April while FTSE 100 falls as Google boss warns there is ‘irrationality’ in AI boomBusiness live – latest updatesMore than $1tn (£760bn) has been wiped off the value of the cryptocurrency market in the past six weeks amid fears of a tech bubble and fading expectations for a US rate cut next month.Tracking more than 18,500 coins, the value of the crypto market has fallen by a quarter since a high in early October, according to the data company CoinGecko. Continue reading...

Economics

3 w. ago Royal London Snapped Up Gilts in Rout With Eye on BOE Rate Cuts

Royal London Snapped Up Gilts in Rout With Eye on BOE Rate Cuts  Bloomberg.com

Politics

3 w. ago Wall Street reins in rate cut bets due to inflation concerns

Market expectations of further easing in December have almost halved as a split among Fed officials appears to widen

Economics