UK mortgage rates have surged to their highest levels in two years as the Middle East conflict reshapes expectations for interest rates.
Parcel thefts on the rise: how to protect yourself from porch pirates
Parcel theft in the UK has reached record levels, with stolen deliveries worth an estimated £666.5 million over the past year, according to figures compiled by technology firm Quadient. That
The Great Housing Squeeze: Prices Slip as Reeves Targets Tax
House prices stumbled last month, slipping when they were expected to climb, just as Chancellor Rachel Reeves sharpens her pencil over a potential tax raid on Britain’s wealthiest homeowners.
Ondo InsurTech PLC (LON:ONDO) Proposed Placing and Open Offer
Proposed Placing to raise approximately £3.0 million via an accelerated bookbuild, and Open Offer to raise up to a further approximately £1.2 million
Evergrande Set for Liquidation Amid Escalating Crisis in China’s Real Estate Sector
Today, a Hong Kong court mandated the liquidation of Evergrande, a major Chinese real estate firm, signalling a significant escalation in China’s ongoing economic challenges.
Purplebricks’ Stock Plunges 60% as Company Faces Cash Shortage
Purplebricks’ stock nosedives over 60% as the distressed real estate agency cautions of possible cash depletion.
Britain’s cheapest supermarket Aldi revealed a typical basket costs £31 less than Waitrose
Aldi was named Britain’s most affordable supermarket. A typical shopping basket costs a third less at Aldi than at Waitrose.
Research finds that Brexit has added almost £6bn to UK’s food bills over the past two years
Research has shown that Brexit increased the UK’s food bill by almost £6bn in the two years up to 2021. This impacted the poorest households the most.
HSBC to close quarter of UK bank branches
HSBC announced that it would close 25% of its branches in the UK starting next April, as more people switch to online banking.
Cineworld files for bankruptcy protection in the USA
Cineworld Group filed for bankruptcy protection in the US as the debt-laden company seeks to restructure.
China Arrests Hundreds of Fraudsters in China’s Biggest Bank Fraud Probe
China detained hundreds of individuals accused of bank fraud in China. In an effort to preserve social stability before the two-decade Communist Party Congress, China began repaying more victims of
Cineworld pays $100m to lawyers and bankers in an unfortunate survival battle
The second-largest cinema operator in the world is looking for a rescue plan.