UK GDP: mortgage payers’ worst fears are likely to come true Cycle of interest rate rises are expected to continue after better than forecast economic data The Guardian - UK · Jul 13, 2023
Housebuilding slump drags construction sector into decline Higher mortgage rates are taking their toll across the sector Manchester Evening News · Jul 6, 2023
London house prices to ‘fall 10 per cent by autumn’ as interest rate rises send mortgage payments soaring London buyers will be particularly vulnerable to a slump as interest rate rises on large loans push up mortgage payments Evening Standard · Apr 6, 2023
Mortgage approvals to home-buyers increase for first time in six months Some 43,500 mortgages were approved for house purchase in February, up from 39,600 in January, according to Bank of England figures. The Independent UK · Mar 29, 2023
UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps The Guardian - UK · Feb 10, 2023
Worst of cost of living crisis may now be over as fuel price fall Inflation last month is set to be lower than it was in November after reaching a 41-year high in October Wales Online · Jan 18, 2023
UK credit card borrowing soars to highest monthly level since 2004 Concerns mount over cost of living crisis as November figures show additional £1.2bn borrowing on cards The Guardian - UK · Jan 4, 2023
2023 set to be 'year of recession', expert says The cost of living crisis wrought havoc in 2022, but 2023 is not expected to be much better Wales Online · Dec 30, 2022
How Britain’s economic woes stack up against Europe’s – a close look at the figures The UK’s money troubles spread from inflation and higher interest rates to sluggish productivity. But how do we compare with our European neighbours? The Guardian - UK · Nov 19, 2022
Mini-Budget U-turns mean interest rates may NOT rise as much as feared, say experts The new Chancellor Jeremy Hunt this morning announced he will scrap major policies planned by his predecessor Kwasi Kwarteng, in an attempt to calm rattled markets Daily Mirror · Oct 17, 2022
Pound hits two-week high as chancellor ‘brings forward debt plan and forecast’ Kwasi Kwarteng promises to release the highly anticipated financial statement ‘shortly’ The Independent UK · Oct 4, 2022
Jump in mortgage approvals in August is ‘calm before the storm’ Experts said the surge in loan approvals is likely to reflect people trying to lock into mortgage deals amid expectations of rising interest rates. The Independent UK · Sep 30, 2022
UK borrows almost twice as much as expected in August Figure of £11.8bn comes as high inflation drives interest payments to a record for the month The Guardian - UK · Sep 21, 2022
Biggest interest rate hike since 2008 crash expected in bid to control inflation MARKETS believe the Bank of England will unveil the biggest hike in interest rates for over three decades when its decision makers gather for a… The National (Scotland) · Sep 18, 2022
The Independent UK · Sep 14, 2022 UK inflation dips slightly in August to 9.9% Inflation in the United Kingdom slowed slightly in August as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain’s cost-of-living crisis may be beginning to ease
Wales Online · Sep 13, 2022 Inflation set to remain static for first time in a year thanks to drop in fuel prices The cost of petrol and diesel has fallen from record highs
The Guardian - UK · Sep 13, 2022 Number of people in UK with long-term sickness rose to record 2.5m in July Almost 400,000 have exited jobs market with long-term health problems since early 2020, ONS says
The Guardian - UK · Sep 1, 2022 UK factory output slumps at fastest rate since May 2020 Analysts say manufacturing recession has begun as new orders fall amid soaring inflation and economic uncertainty
Wales Online · Aug 17, 2022 Inflation hits new 40-year-high soaring into double figures The level is higher than forecast with experts thinking it would stay below 10%
The Independent UK · Aug 17, 2022 Inflation soars to highest rate in four decades as cost of living crisis bites Inflation is expected to peak later this year at 13.3 per cent, the Bank of England forecasts
Wales Online · Aug 17, 2022 Biggest cost of living increase in decades expected with latest inflation figures Inflation is expected to peak later this year at 13.3% and will push the UK into a recession, according to the Bank of England
The Independent UK · Aug 16, 2022 Biggest jump in cost of living in decades expected with latest inflation figures Consumer Prices Index inflation will likely reach 9.8%, according to an average of analysts’ estimates.
Manchester Evening News · Aug 16, 2022 More unemployment next year than in pandemic, experts predict, as inflation set to top 13 percent this year The latest figures out today show a 0.1 percent rise in unemployment over the last three months - but it's a sign of things to come
The Guardian - UK · Aug 14, 2022 Like Thatcher, Truss wants radical change – but could she avoid a crisis? Whether she or Rishi Sunak becomes prime minister, challenge looks as daunting as it did for James Callaghan in 1976
The Guardian - UK · Aug 13, 2022 We partied for June’s jubilee, but a winter recession won’t be an easy ride Data on jobs, prices and sales this week will add to the gloom, but might an inflation-led return to work take the edge off?