The UK’s announcement that it will phase out Russian oil imports by the end of the year is set to have an impact on consumers…
View More What does action over Russian oil and gas mean for UK consumers?Tag: Interest rates
‘Tightening the vice on spending’: UK petrol prices hit all-time high
Petrol prices have surged to a record high and are expected to climb further in coming weeks, adding to the burden on UK households’ already…
View More ‘Tightening the vice on spending’: UK petrol prices hit all-time highMortgages: switching could save £200 a month as interest rates rise
Unless your mortgage is already fixed for the long term, this week’s interest rate rise, following hot on the heels of December’s, is likely to…
View More Mortgages: switching could save £200 a month as interest rates riseHopes shattered as banks fail to pass on interest rate rise
The recent unexpected rise in interest rates could have been the good news that savers had waited so long for. But more than five weeks…
View More Hopes shattered as banks fail to pass on interest rate riseBank of England raises interest rates to 0.25%
The Bank of England has unexpectedly raised interest rates for the first time in three years amid growing concerns over inflation, despite the rapid spread…
View More Bank of England raises interest rates to 0.25%Bank of England plans to remove interest rate rule for mortgages
The Bank of England has announced plans to ease mortgage lending rules in a move that could help thousands of first-time buyers get on to…
View More Bank of England plans to remove interest rate rule for mortgages21% and rising: fury grows as credit card rates hit new high
Campaigners are calling for new legal caps on “exorbitant” credit card interest rates, which have hit their highest levels for more than two decades. Bank…
View More 21% and rising: fury grows as credit card rates hit new highHomebuyers welcome extra months to lock into record low mortgages
Homebuyers have been given a few more months to lock into the record low mortgage rates that have helped keep the housing market booming during…
View More Homebuyers welcome extra months to lock into record low mortgages