Despite experts predicting inflation will rise over 2025, December’s figure fell to 2.5 per cent Inflation fell to 2.5 per cent, according to figures released by the Office for National Statistics (ONS) on Wednesday. This is down from November’s level of 2.6 per cent despite experts predicting it would hold at this level, if not
A MAJOR shake up to mortgage rules could help first time buyers get on the property ladder more easily. Banks could be encouraged to offer more loans to people with smaller deposits and loosen limits on how much they can borrow. 1 It is understood that financial regulators are looking at ways to relax mortgage
The Bank of England began raising rates in December 2021 and market rates jumped again with the mini-Budget in September 2022. As a result, funds were forced to sell off bonds to free up cash, worsening the jump in government borrowing costs and setting off a vicious spiral which was only defused when the Bank launched
GOLD prices hit a new high this week, which has meant investors are now racing to buy the precious metal. The price of gold hit a fresh record of $2,531.60 (£1,943.83) an ounce on Tuesday afternoon after rising by a hefty 1% during the day. 1 The price of gold has risen drastically over the