At least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to “market uncertainty”, adding to pressure on homebuyers and…
View More Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’Tag: Economics
World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says
The World Bank must take a “quantum leap” to provide new finance to tackle the climate crisis or face “climate-driven economic catastrophe” that would bring…
View More World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says‘A deeply broken system’: is it time England abandoned council tax?
Battersea power station offered no prospect of luxury living when Tony Belton became a local councillor in 1971. The coal-fired behemoth was nearing closure after…
View More ‘A deeply broken system’: is it time England abandoned council tax?Newly elected leaders to be held to same climate obligations, says Cop29 chief
The governments that assume power after elections around the world this year will be held to the same climate obligations as their predecessors, the chief…
View More Newly elected leaders to be held to same climate obligations, says Cop29 chiefBudget 2024: Jeremy Hunt announces 2p cut in national insurance
Jeremy Hunt has announced a 2p national insurance cut in his budget as a pre-election gambit to revive flatlining opinion poll ratings and reboot Britain’s…
View More Budget 2024: Jeremy Hunt announces 2p cut in national insurance‘It’s all fallen flat’: households earning more than £60,000 on how they are struggling financially
An annual gross income of £74,000 puts Scott, 28, a software engineer from Leicestershire, in the top 10% of earners nationally. But, he says, it…
View More ‘It’s all fallen flat’: households earning more than £60,000 on how they are struggling financiallyUK pay growth slows less than expected as workers bid up wages
Pay growth slowed less than expected in December, prompting predictions the Bank of England could start cutting interest rates later than previously expected. Earnings growth,…
View More UK pay growth slows less than expected as workers bid up wagesEight million UK households to get £299 cost of living payments from Tuesday
Eight million households on means-tested benefits will receive their final cost of living payment to help with high food and energy bills from Tuesday. The…
View More Eight million UK households to get £299 cost of living payments from TuesdayStop looking for loopholes, UN warns, after Saudi hints end of fossil fuels ‘just one option’
Governments must not try to pick loopholes in the global agreement to “transition away” from fossil fuels reached last December, the UN’s climate chief has…
View More Stop looking for loopholes, UN warns, after Saudi hints end of fossil fuels ‘just one option’Bank of England sticks with 5.25% interest rate but hints at coming cut
The Bank of England has dropped the broadest possible hint that the next move in interest rates will be downwards after forecasting inflation will fall…
View More Bank of England sticks with 5.25% interest rate but hints at coming cut