Mortgages, real estate and government debt: Three things that worry the Bank of England March 27, 2024 The FPC, which was established in 2013, monitors financial stability risks and tries to prevent those risks developing into threats to wider UK financial stability.
‘Rip off’: Brits spent eight times their salary buying a home – and in London it’s much worse March 25, 2024 Brits in full time work spent over eight times their annual earnings buying a home last year, and London dwellers are being hit the hardest.
Labour to boost female businesses after ‘wasted decade’ of Tory neglect March 25, 2024 Labour MP Anneliese Dodds will today outline British Business Bank reforms to help women.
House prices show stability despite higher interest rates, but rents continue to surge March 20, 2024 The average price of a home was £2,000 cheaper in January when compared to the exact same period the year before, according to new government figures.
‘Death by a thousand cuts’: UK insolvencies soar 17 per cent and exceed pandemic levels March 15, 2024 The government agency said this was higher than levels seen during the pandemic "while the government support measures were in place", with things like the furlough scheme. It is also higher than pre-pandemic figures.
A women’s commissioner and ending Khan’s ‘chumocracy’: Here’s what Susan Hall would do if elected Mayor of London March 13, 2024 Tory mayoral candidate Susan Hall has pledge to appoint a women's commissioner and end what she called “chumocracy” at City Hall, if elected.
Jeremy Hunt admits National Insurance won’t be scrapped ‘any time soon’ March 7, 2024 Jeremy Hunt has admitted scrapping National Insurance (NI) - as he hinted at in Wednesday’s Budget - won’t happen “any time soon”.
Spring Budget 2024: What will markets look out for? Gilts, rabbits and cuts March 5, 2024 Given the state of the UK's public finances, investors may get jittery if Hunt pulls too many rabbits out of the hat.
Spring Budget 2024: Jeremy Hunt to cut national insurance rather than income tax as rate windfall fails to materialise March 5, 2024 The Chancellor has repeatedly stressed his determination to bring down the tax burden, which is on course to rise to record levels no matter what Hunt announces in the Budget.
Mortgage approvals rise to highest level in a year – but UK housing market rebound unlikely to last February 29, 2024 The figures show that the housing market is steadily rebounding from the impact of higher interest rates.