Interest rates

Mortgages with interest under 1% — a new era in home financing?
Business

Mortgages with interest under 1% — a new era in home financing?

The Own New Rate Reducer product launched with Halifax, Virgin Money, and Barratt Developments today — 26 February — along…
Turkey holds key interest rate at 45% as consumer prices soar
Business

Turkey holds key interest rate at 45% as consumer prices soar

Turkey’s central bank left its key interest rate unchanged at 45%, pausing a series of aggressive rate hikes aimed at…
China cuts key interest rate to revive property sector
Business

China cuts key interest rate to revive property sector

China has cut its mortgage-linked five-year loan prime rate (LPR), the country’s central bank announced Tuesday — the first time…
UK retail sales rise at fastest pace since 2021: Will recession be short-lived?
Business

UK retail sales rise at fastest pace since 2021: Will recession be short-lived?

The British Pound moved higher on Friday morning after the latest UK retail sales came in stronger than expected, suggesting…
UK enters recession as economy shrinks: Will the BoE cut rates sooner?
Business

UK enters recession as economy shrinks: Will the BoE cut rates sooner?

The UK economy entered a technical recession in the fourth quarter of 2023, according to official figures from the Office…
Bitcoin prices soar, following post-approval surge in demand
Business

Bitcoin prices soar, following post-approval surge in demand

Bitcoin prices hit $51,757 (€48,274) on Wednesday afternoon, the highest since the beginning of December 2021, following surging demand for…
Boom or bust? Economic impact of ageing populations and lower birth rates
Business

Boom or bust? Economic impact of ageing populations and lower birth rates

By 2050, the number of people aged 65 and over is set to rise to 1.6 billion globally. This is…
Markets’ week ahead: European stocks slip ahead of Fed rate reveal
Business

Markets’ week ahead: European stocks slip ahead of Fed rate reveal

European stocks started the week on a weak note, ahead of a slew of economic data expected in the coming…
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