Interest Rates

Private equity binge threatens to trigger financial crisis, warns Bank of England

Business
Robert Johnson

In minutes from its March quarterly meeting, the FPC said: “The private equity sector, which is closely related to private credit and leveraged lending, plays an important role ...

first direct to offer £175 in free cash and savers can get ‘best-buy’ seven per cent interest rate too

Business
Robert Johnson

first direct has announced it is set to join five other major banks in offering free cash to try and incentivise customers ...

Get ready for 3pc interest rates, says KPMG

Business
Robert Johnson

KPMG expects the economy to recover from the recession only slowly, with growth of 0.3pc this year and 0.9pc the next. The ...

‘Opposite direction borrowers have hoped!’

Business
Robert Johnson

Mortgage rates rose last month amid a “volatile” property market in another blow to homeowners, according to new data. Experts are warning ...

Soaring interest rates are the real reason Britain has a debt problem

Business
Robert Johnson

Debt interest being such a large factor as it is now is far from being a new phenomenon. During the Napoleonic Wars, ...

Mortgage warning as Halifax and Virgin Money launch sub-1% mortgage deal on new homes – but scheme slammed as ‘dangerous’

Business
Robert Johnson

A mortgage product which could see homeowners pay one per cent interest on repayments initially has been slammed as “dangerous” by brokers. ...

The Bank of England risks pushing Britain into an economic death trap

Business
Robert Johnson

The world’s most powerful banks are losing faith in the macroeconomic judgment of the Bank of England. A disturbing number think the ...

Mortgage rates plummet to lowest level since 2022 sparking alert as Britons urged ‘to switch’ deal

Business
Robert Johnson

Homeowners are urged to consider “switching their mortgage if they can” after a fall in mortgage rates. Following the Bank of England’s ...

‘Good time’ for mortgage budgeting as Bank of England freezes interest rates, experts claim

Business
Robert Johnson

House hunters are being told to “start budgeting” for a mortgage following last week’s Bank of England announcement. The central bank confirmed ...

Inflation in the UK to be highest in G7 as Bank of England to be ‘prudent’ with interest rate cuts

Business
Robert Johnson

The UK economy will experience the highest inflation levels of the G7 this year despite the cost of living crisis easing, based ...