A 10% deposit on a first-time buyer property equates to £15,000 or less in around 10% of local authorities, Nationwide said.
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Household energy bills to jump by £332 a year in July, latest forecasts show
by News Roomby News RoomAnalysts Cornwall Insight said energy bills over the summer were said to be higher than it had forecast prior to conflict in the Middle East.
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Oil and gas prices remain volatile in rollercoaster week amid Iran war
by News Roomby News RoomUK natural gas prices eased back a little in early trading on Friday, having jumped more than a fifth on Thursday.
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Gilt sell off deepens after worse than expected public finance data
by News Roomby News Room“Higher oil and gas prices would lift North Sea revenues, and stronger inflation could boost receipts from VAT and frozen tax allowances, but those gains would likely be outweighed by…
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Government borrowing sees surprise surge amid fears of squeeze from Iran war
by News Roomby News RoomThe Office for National Statistics said public sector borrowing stood at £14.3 billion in February – £2.2 billion higher than a year ago.
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The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.
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Easter egg shoppers facing shrinkflation double whammy, warns Which?
by News Roomby News RoomA spokesperson for Mars Wrigley – which owns the Galaxy, M&Ms and Maltesers brands – also told Which?: “We always aim to absorb rising costs wherever possible, however, ongoing pressures,…
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Interest rate cuts not on the horizon, Bank of England governor says
by News Roomby News RoomAsked if he has a message for US President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, and “whoever’s in charge in Tehran”, Mr Bailey said: “The best thing we can…
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For many small and medium-size enterprises (SMEs), the beginning of spring means one thing – the end of the financial year, and a rush to get everything in order. It’s…
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Households facing ‘fresh blow to budgets’ as inflation forecasts are hiked
by News Roomby News RoomLucian Cook, head of residential research at property firm Savills, said: “Hopes of easing inflation and future rate cuts have been knocked back by renewed pressure on oil prices, with…