Interest rate rises caused sharp drop in UK household wealth, report finds Resolution Foundation says higher interest rates have led to a fall in house prices and pension pots The Guardian - UK · Oct 30, 2023
UK mortgage rates stabilise for first time since May; Rising interest rates knock £2.1tn off household wealth – as it happened UK mortgage rates held steady today, as a new report shows that rising interest rates have reversed rise in household wealth The Guardian - UK · Jul 17, 2023
Younger people could emerge as winners from rising interest rates – report A ‘new normal’ of higher rates could end a wealth boom driving intergenerational inequality, the Resolution Foundation said. The Independent UK · Jul 16, 2023
Tory plotters target 70 MPs to oust Liz Truss over fears she will collapse economy Conservative Party members are speaking to up to 70 MPs in a bid to topple their new leader and Prime Minister Liz Truss amid mounting fears she will tank the UK economy Daily Mirror · Oct 1, 2022
Chancellor’s mini-budget to pile on debt interest, warns Tony Blair Institute It comes after days of market turmoil as traders swallowed the impact of the Chancellor’s growth plan, which included £45 billion of tax cuts. The Independent UK · Sep 28, 2022
New plan to help first-time buyers get cheaper mortgages unveiled - how it works In Britain, just a quarter of those aged 25 to 34 on average salary incomes own their own home, down from two thirds in 1995, according to official government figures Daily Mirror · May 16, 2022