Tag: inflation
Andrew Bailey shares dire interest rates update – and homeowners won’t be happy
Governor Andrew Bailey has said it was unlikely that interest rates would return to near zero. …
Hope for Bank of England rate cut dashed by soaring air fares
The headline inflation rate was unchanged at 2.2 percent in August, but core inflation – stripping out energy, food, alcohol and tobacco – rose to 3.6 percent. …
Last-minute rush for free childcare worth £3,500 a year before deadline on August 31 2024
Greater access to free childcare will typically save parents of the youngest children around £3,500 a year on average in fees to nurseries. …
Virgin Money customers given significant mortgage rate cuts
The provider has also made a series of changes to remortgage and buy-to-let options …
Fears Bank of England may delay interest rate cuts as UK economy ‘roars back’
Evidence of strong growth in the economy may give experts on the Bank of England reason to hold back further cuts in interest rates, it is claimed. …
Explained: The stealth price rise in supermarkets which has sent bills soaring
New analysis has revealed that the prices of the least expensive budget lines in supermarkets jumped under a phenomenon dubbed “cheapflation”. …
Bank of England interest rate cuts warning after inflation rise disappointment
Finance experts say the news could hit home buyers in the pocket by slowing cuts in mortgage rates. …
Savers urged to grab inflation-beating rates before returns are slashed by £100s
Finance industry experts warn that best paying deals are likely to be removed in the coming days. …
