Search results for ‘Interest rates’
915 items found
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3m
Mortgage companies withdraw deals as sterling crisis deepens
The economic crisis is already hitting home for those looking to secure a mortgage.
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22m
Pound crashes to all-time low against US dollar
Chancellor Kwasi Kwarteng was today forced to quell growing market unease over his low-tax, high borrowing strategy with a promise to set out more details in November, along with independent costings.
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8m
What can the government do? – Economists debate the cost of living crisis
In recent weeks politicians have told us to learn to cook, buy value food, turn the lights off and work longer hours or the especially helpful: get a better paid job.
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Brexit ‘has played part’ in lorry driver shortages, says Reeves
Before the news of Andy McDonald’s resignation from the shadow cabinet, we spoke to Shadow Chancellor Rachel Reeves, and began by asking how much she believed Brexit was to blame for the HGV driver shortage.
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7m
Inflation Spike: Bank of England warns prices will rise
The Bank of England has warned that inflation was set to rise this year, hitting 4 per cent in the Autumn, much higher than it was forecasting just three months ago.
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27m
Boris Johnson says ‘we can turn the tide’ on coronavirus in 12 weeks
Twelve weeks to turn the tide was Boris Johnson’s message at today’s Downing Street press conference. But he said the virus would only be “sent packing” if the public followed medical advice on social distancing.
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White House tells people not to gather in groups of more than 10 as cities and states shut down
As Covid-19 continues to spread in the U.S, most states are closing schools and the Centers for Disease Control & Prevention has told people not to gather in groups of more than 50.
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FactCheck: are Labour right to criticise the government on inflation?
It’s not clear we can lay the credit or blame for the latest inflation figures at the government’s door.
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3m
Security breach at Bank of England as seconds of audio offered traders crucial advantage
Just a few seconds – enough time to give hedge fund traders a crucial advantage.
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3m
Donald Trump plays down fears of economic recession
President Trump has insisted the US economy is doing “tremendously well”, despite market fears that a recession could be on the way, partly because of a trade war with China started by the President himself.
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FactCheck: Independent Scotland would have to agree to adopt Euro after joining EU
Under EU law, a new member state is required to join the euro – but there is no compulsory timetable.
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Economists warn of new financial crisis on anniversary of 2008 crash
They predicted the global financial meltdown a decade ago, now economists are warning another crash is on the way – putting the world’s economies at risk.
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4m
Payday lender Wonga forced into red
New rules requiring lenders to pay compensation for such high rates have forced Wonga itself into the red.
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5m
Frantic trading as financial markets rapidly fluctuate
What goes up must come down, and there’s been another tumultuous day on markets around the world, with frantic trading following two days of heavy losses. On Wall Street, prices briefly rebounded before taking another tumble, while in London the FTSE ended the day almost 200 points lower. It’s all been fuelled by concern over…
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FactCheck: John McDonnell doesn’t tell the whole story on Labour’s borrowing plans
Would Labour’s plans to add to the national debt pay for themselves? FactCheck takes a look.