The cycle of lenders adjusting rates ‘almost invariably results in others following suit’, a mortgage expert said.
Business
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Business
HSBC and Nationwide hike mortgage rates as inflation fears stalk the City
by News Roomby News RoomAaron Strutt, product and communications director of brokers Trinity Financial said: “If rates only go up by 0.25% then it won’t be as bad, but it seems like there is…
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Business
Rachel Reeves dashed hospitality’s hopes with her do nothing Spring Statement
by News Roomby News RoomMy six point action plan could halt the decline and allow the sector to flourish again
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Business
Thousands of investors ‘within touching distance’ of being Isa millionaires
by News Roomby News RoomMany investors are expected to join ‘millionaires’ row’ in the decade ahead, money app Plum said.
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Energy bills forecast to rise 10% from July as Middle East war drives up prices
by News Roomby News RoomAnalysts Cornwall Insight said forecasts for Ofgem’s price cap for July to September had surged to £1,801 a year for a typical dual fuel household.
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Business
Scottish teachers in ‘overwhelming’ vote for strike action in row over workload
by News Roomby News RoomShe added: “With no real sign of delivery of those promises on reducing excessive teacher workload by recruiting 3,500 additional teachers while tackling teacher unemployment and zero-hours contracts, and reducing…
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Business
Millions face longer wait for payouts under motor finance redress scheme plans
by News Roomby News RoomShanika Amarasekara, chief executive of the Finance & Leasing Association, said: “We hope to see the same proportionate approach applied to the remaining proposals so that the overall scheme, if…
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Business
London’s hospitality sector can’t take much more – business rate reform is essential
by News Roomby News RoomHospitality businesses are battling on multiple fronts ranging from soaring energy bills to an increase in National Insurance costs
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