All news on the topic: Interest rates

648
Bitcoin hits all-time high as regulator opens door to crypto-linked securities
Britain's financial watchdog said it would allow cryptocurrency-linked products for professional investors
1289
Persimmon, Berkeley and Vistry set to reveal fragile state of property market
The UK's property market will be in focus this week as a number of housebuilders reveal their latest trading updates
864
DS Smith shares soar as Amazon packaging firm agrees to £5.1 billion takeover
The mega-merger is set to create a paper and packaging giant worth more than £10 billion in value
1085
Savers issued warning over tax trap that could eat away at your cash
For 20% basic rate taxpayers, the personal savings allowance is £1,000, and for higher 40% rate taxpayers, it is £500, while additional 45% rate taxpayers receive no tax break
1337
Homeowners who sold a detached property in 2023 made an average gain of £137,000
Those who sold bungalows made the next biggest gross gain typically, at £102,000, Zoopla found
604
Aviva announces £300m share buyback after profits increase to £1.47 billion
The insurance and pensions giant saw shares move higher on Thursday morning
969
Recruiters Page Group and Robert Walters reduce headcount as markets cool
Robert Walters revealed that its staff numbers fell by 9% to 3,980 at the end of December, while Page's dropped by 15.7% to 7,859
1269
Egypt floats currency and agrees with IMF to increase bailout loan to $8bn
This move is aimed at strengthening an economy that's been hit by a severe shortage of foreign currency and skyrocketing inflation
1437
European Central Bank unlikely to cut interest rates as economy stalls
Europe's energy crisis sparked by Russia's war in Ukraine has eased and Inflation is down from its painful double-digit peak, but there likely won't be an interest rate cut at the European Central Bank's meeting
1023
Average price of a home is now only £1,800 off peak of June, 2022, says Halifax
The average UK house price was £291,699 in February, around £1,000 more than the previous month, according to Halifax
641
Construction industry 'stabilises' as builders feel most optimistic in two years
The latest S&P Global/CIPS construction purchasing managers' index scored 49.7 in February, up from 48.8 in January
1050
Legal and General's new boss plans 'sustainable growth' after profits slip
The FTSE 100 company saw its annual results miss market expectations
659
Mcdonald's close to signing deal to sponsor French football league, say reports
The French soccer league is reportedly close to signing a big sponsorship deal with McDonald's for the next three seasons
820
Companies House reveals new powers to stop scammers stealing names and addresses
The highly-anticipated changes will be the most significant in the UK's central corporate register's 180-year history, it said
632
Bitcoin hits all-time high of £54,000 spurred by billions of US investments
The price of bitcoin reached around 69,170 US dollars (£54,370) on Tuesday afternoon, according to data from crypto exchange Binance
790
Travis Perkins says construction sector unlikely to recover until after election
The seller of construction products said that its customers are waiting to see if a potential new government will announce any support for the sector and where interest rates will go
825
House sales slow to 2008 financial crisis levels, says estate agent Foxtons
House sales in London decreased by 22% last year compared to 2022 leaving transaction volumes 'at some of the lowest levels since 2008' the company said
1004
New car market records best February in 20 years with 85,000 vehicles sold
Last month saw a 14% increase compared to February 2023, said the Society of Motor Manufacturers and Traders
1103
Greggs shares huge £17.6million bonus with thousands of staff
About 25,000 staff to share the bonus pot after annual profits soar as sales in shops increase by 13.7 percent and the company wanted to say thank you to its workers
559
Greggs serves up record profits of £188m, but reveals slowing sales gowth
Greggs has reported a 27% increase in full-year profits and plans to open between 140 to 160 shops this year
1257
Average fixed-rate mortgage fee up by £46 to £1,141 as fewer deals offer perks
A shrinking proportion of mortgage deals are offering free legal fees or cashback, according to a financial information website
791
Bank of England chief economist says interest rate cut is 'some way off'
Huw Pill, chief economist at the central bank, also warned that the economy is currently weak and said policymakers should not feel a "false sense of security" if inflation falls below the 2% target rate in the coming months
1272
Mortgage experts explain if you should lock into fixed deal or move to tracker
Some homeowners may be tempted to move to a tracker over expectations that the Bank of England will cut its base rate at some point this year - but is this the right move for you?
1037
House prices up for first time in a year with average cost of property now £260k
Across the UK, property values increased by 1.2% annually in February, following a 0.2% fall in January, according to Nationwide Building Society.