Bank’s £65bn move driven by pension fund fears
Joe Dabrowski, deputy director of industry group the Pensions and Lifetime Savings Association, said: "While this is a complex situation...
Business
Can my mortgage offer be withdrawn? And other questions
Image source, Getty ImagesThe mortgage market is in turmoil following Chancellor Kwasi Kwarteng's mini-budget last week and the slide in...
Emergency Bank move will not solve the problem
This explains why the Monetary Policy Committee, that normally authorises bond-buying, did not make this decision. Insiders are adamant that...
Mortgage deals withdrawn in record numbers over rate rise fears
Brokers are reassuring those who already have a mortgage, or an agreement for a new mortgage, that they will be...
Mortgage rates: ‘If we can’t afford higher payments, we lose our home’
Sales assistant Robin Price, who is on the minimum wage, has been saving up his mortgage deposit for years and...
Royal Mail workers to hold 19 days of strike action
"Rather than responding to our offer of Acas talks, the CWU announced further damaging industrial action, once again taking the...
Cost of living: Margarine prices rise, but blueberries get cheaper
Mike Watkins, head of retailer and business insight at NielsenIQ, said: "With food and household energy prices continuing to rise,...
Mortgage lenders halt some deals after pound falls
Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said if interest rates rise as predicted, the average household refinancing a...
Bank will ‘not hesitate’ to raise interest rates after pound’s fall
Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said if interest rates rise as predicted, the average household refinancing a...
Is Finland’s Wood City the future of building?
"From a climate perspective it is a good way to store carbon, but on the other hand we are increasing...
Cost of living: Millions forced to turn to second jobs, report finds
"We know that many households started reining in their spending six months ago as costs first started to rise, but...
Pound hits record low after tax cut plans
"To stop the bleeding even temporarily, the Bank of England may well enter 'whatever it takes' territory to bring inflation...
Labour accuse Kwarteng of ‘fanning flames’ of falling pound
"I think many people had hoped over the weekend things would calm down but I do think the Chancellor fanned...
Electric car charging costs nearing petrol prices for some – RAC
"For those that have already made the switch to an electric car or are thinking of doing so, it remains...
Kwasi Kwarteng: I want to keep cutting taxes
Speaking to BBC Radio 4's the World this Weekend programme, Lord Clarke said he did not accept the premise "that...
Tax cuts: Kwasi Kwarteng’s measures benefit richest, Labour says
"In fact, because there was one big tax increase the chancellor didn't reverse - and that is the fall over...
Pound sinks as investors question huge tax cuts
"Ultimately, the growth dice have been rolled. But it is too early to know if the gamble will succeed and...
Goldman Sachs: Sexual assault claims revealed in pay bias suit
"The plaintiffs' presentation of the complaints does not reflect reality at Goldman Sachs," a spokesperson said. "Discrimination, harassment and mistreatment...
