Borrowing on new mortgages spiked by £3.2bn in May, as ‘procrastinating’ buyers and sellers decided to take the plunge amid changing market conditions. Net borrowing of new mortgage debt increased to £7.4billion in May, according to the Bank of England’s money and
Unilever unloads Ben & Jerry’s Israel business amid clash with the ice cream brand over West Bank sales By Daily Mail City & Finance Reporter Published: 17:07 EDT, 29 June 2022 | Updated: 17:07 EDT, 29 June 2022 Ben & Jerry’s has
National Bank of Egypt launches new best buy one-year fixed savings deal at 2.7%: Is it a safe bank to put your cash into? UK-arm of Egypt’s biggest bank now offers the best rate Hargreaves Active Savings has a cashback offer meaning
The learning curve is steep. Only now, after more than a decade of keeping the Bank of England’s printing presses running, a new generation is starting to understand that there is no such thing as a magic money tree. All economic actions
Key institution warns decisive action from central banks needed to stop leading economies from ‘tipping’ into more severe cost-of-living crisis By Daily Mail City & Finance Reporter Published: 16:50 EDT, 26 June 2022 | Updated: 16:50 EDT, 26 June 2022 Decisive action
Prime Minister Boris Johnson will tell G7 leaders that any sign of fatigue or wavering in Western support for Ukraine will play directly into President Putin’s hands. During his second visit to Kyiv since the outbreak of war last week, the Prime
Senior economists and an influential MP have demanded a major parliamentary inquiry into the Bank of England’s spectacular failure to predict soaring inflation. Bank Governor Andrew Bailey’s £575,000-ayear job could be on the line if he is found to have been ‘asleep
Many scammers use cheap social media adverts to catch out hopeful British holidaymakers. A bargain holiday might be tempting but if it seems far too good to be true, unfortunately it probably is. Some properties may not exist or adverts could be
Sterling slumps against the dollar after inflation hits a 40-year high: Bank of England under pressure on interest rates as Fed gets tough in US By Lucy White For The Daily Mail Published: 16:54 EDT, 22 June 2022 | Updated: 17:22 EDT,
Bank of England must put up rates again to prop up the pound and curb inflation, says top official By Daily Mail City & Finance Reporter Published: 16:51 EDT, 20 June 2022 | Updated: 16:51 EDT, 20 June 2022 The Bank of