For some, a serene view of the sea is invaluable, but for others, it may come with a cost.
Bets on Bank of England to maintain rates at 5.25% after surprise inflation fall
The Bank of England is anticipated to maintain rates at 5.25% as consumer prices surpass predictions.
FTSE 100 is poised for its highest closing since April
The FTSE 100 is on track to close at its highest level in five months after the surprise drop in inflation last month.
The Bank of England’s interest rate decision teeters following a decline in inflation.
The Bank of England’s (BoE) upcoming decision on whether to increase interest rates for the 15th consecutive time is hanging in the balance, particularly after the unexpected dip in inflation,
Octopus Energy buys 10% stake in Dutch offshore wind farm
Octopus Energy has secured a 10% ownership in the Borssele III & IV offshore wind farm located in the Dutch North Sea, with the purchase amount remaining undisclosed.
The UK interest rates will peak at 5.5pc, Goldman Sachs predicted.
Goldman Sachs has stated that they don’t anticipate the Bank of England to push interest rates beyond 5.5pc, as the financial institution adjusted its predictions for UK borrowing costs downward.
The Bank of England’s Deputy Raises Concerns Over Inflation
The Bank of England’s soon-to-be deputy governor, Sarah Breeden, cautioned that controlling inflation might be more challenging, suggesting a potential need for prolonged elevated interest rates.
Immediate Changes Needed for UK Offshore Wind Power Following Problematic Auction
The government’s goal for the UK to generate 50 gigawatts from offshore wind by 2030 has faced a significant setback due to the unsuccessful auction.
Over a million households could face a £720 increase in energy bills due to ‘leaky home’ charges.
Over a million individuals residing in older residences are expected to experience a £720 increase in heating costs this winter, according to a recent report from a think tank.
UK Household energy bills to fall by £150 a year
Household energy costs are set to decrease by approximately £151 annually as the economic impact of Vladimir Putin’s incursion into Ukraine continues to diminish.
Morgan Stanley fined millions for energy traders using WhatsApp
Morgan Stanley (NYSE: MS) received a multi-million-pound penalty from Ofgem due to its energy traders’ negligence in logging conversations regarding wholesale market deals on WhatsApp.