UK mortgage approvals rise to highest since August 2022

Bank of England data highlights impact of decline in home loan costs

Topics

Eurozone inflation rose to 2.3% in November

Price pressures surpass European Central Bank’s target for first time since August
Business - Financial Times - 4 hours ago
Louise Haigh’s damaging exit puts question mark over UK transport agenda

Plus, Keir Starmer’s immigration cynicism may pay off — or deal an electoral blow
Business - Financial Times - 4 hours ago
Global trade tensions and cyber attacks threaten UK economy, warns Bank of England; Black Friday spending ‘up 11%’ – business live

BoE says global risks remain high, and the outlook has become more uncertain and riskier. Amazon workers in 20 countries to protest or strike on Black Friday The best Black Friday deals on ...
World - The Guardian - 3 hours ago
Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.
Top stories - BBC News - November 1
UK tenants hit by highest inflation in September

Rental costs rose 3% on average compared with 2.6% for households with mortgages
World - Financial Times - Yesterday
U.S. inflation shows signs of improvement as prices stabilize since 2022

As inflation nears the government's two percent target, food prices continue to rise while energy costs decline. Jill Schlesinger explains what these changes mean for consumers.
Top stories - CBS News - November 14
Female executive directors in FTSE 250 down 11% since 2022

Report finds maternity bias, childcare policies and male-dominated cultures keep women from top roles. The glass ceiling for women in top roles at FTSE 250 companies is still “stubbornly in place” ...
World - The Guardian - 3 days ago
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.
Business - The New York Times - November 7
Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.
Top stories - BBC News - November 15