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Sunak vows to protect mortgage holders but says he can’t ‘do everything’

Rishi Sunak has vowed to limit the impact of rising inflation on people with mortgages, as he promised to...
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Business

Bank warns of longest recession in 100 years as it raises rates to 3%

The Bank of England has warned the UK risked being plunged into the longest recession in 100 years after...
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Business

Interest rates likely to jump as markets await Bank of England decision

Mortgage rates are expected to jump on Thursdayin response to the largest increase in the Bank of England’s base...
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Business

Calls for UK banks windfall tax as HSBC reports profits of $700m more than predicted

HSBC’s quarterly profits have increased by more than forecasts of $3. 2bn (£2. 8bn) had predicted as the bank...
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Business

3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’

Bitcoin ( BTC ) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that...
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Business

Cliff edge looms for UK’s financial system

Britain’s financial system is approaching a cliff edge. After stepping in to calm the market chaos that followed...
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Business

OBR forecasts likely to show £60bn-£70bn hole after Kwarteng’s mini-budget

Kwasi Kwarteng has been handed independent forecasts on the state of the UK finances that are expected to show...
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Business

Kwarteng considers extending mortgage guarantee scheme

The chancellor is considering extending the government’s mortgage guarantee scheme, after UK bank bosses raised concerns over the state...
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