UK households are set to face a sharp rise in energy costs after Ofgem increased the energy price cap by 13% amid soaring wholesale oil and gas prices linked to
UK households face £209 rise in annual energy bills
UK household energy bills are forecast to rise sharply from July, with consultancy Cornwall Insight predicting the annual energy price cap will increase by £209 to around £1,850 for a
UK’s economy is set to stall for the remainder of the year
Britain’s economy is set to stall for the remainder of the year, according to new forecasts from Morgan Stanley, which warned that the economic fallout from the Iran conflict could
Best Forex Trading Strategies That Actually Work
Picking the right trading strategy is one of the most important decisions you’ll make as a forex trader. There’s no shortage of approaches out there, and plenty of noise telling
Homebuyers rush to secure mortgages ahead of rate rises
UK housing activity picked up in March as borrowers rushed to secure deals ahead of potential interest rate increases linked to rising energy costs.
Bank of England may restart rate cuts in fourth quarter
The Bank of England could begin cutting interest rates in the fourth quarter of 2026 if energy market pressures ease, according to Andrew Wishart of Berenberg.
Bank of England likely to keep rates steady at 3.75%
The Bank of England is widely expected to hold interest rates at 3.75% at today’s policy announcement, as policymakers take a cautious stance amid escalating tensions in the Middle East.
Bank of England flags risk of downturn in global stocks
Sarah Breeden has warned that investors should be prepared for a potential correction in global equity markets, citing elevated valuations and mounting risks.
Markets see Bank of England more likely to raise rates
The Bank of England is increasingly likely to raise interest rates this year rather than hold them steady, according to economists at Pantheon Macroeconomics.
UK inflation could rise further to 4% by November
UK inflation could climb to around 4% by November as the Iran conflict drives up energy costs, according to forecasts from Capital Economics.
Mortgage rates hit three-year high as markets react to Iran escalation
UK mortgage holders are facing the highest borrowing costs in three years after Donald Trump signalled an escalation in the Iran conflict.
UK mortgage rates hit 19-month high as borrowing costs surge
UK mortgage rates have climbed sharply again, reaching their highest levels in over 19 months as global uncertainty pushes up borrowing costs.