11+ hour, 51+ min ago  (273+ words) More than five million British homeowners are facing higher mortgage bills when they renew after pressure linked to the Iran war, the Bank of England has warned. It means around a million more homeowners are set to face higher payments…...

1+ day, 16+ hour ago  (375+ words) Activity in the UK housebuilding sector fell at the fastest pace so far this year as the wider construction sector remained firmly in contraction, according to new figures. The S&P Global UK construction PMI showed a reading of 38. 4 in…...

6+ day, 10+ hour ago  (405+ words) The new boss of the US's central bank has reiterated its political independence following pressure from Donald Trump over interest rates, but pledged to "chart a new course" under his leadership. Kevin Warsh also said that he felt the risks…...

1+ week, 18+ hour ago  (481+ words) The boss of Sainsbury's has said there is inflationary "pressure" still to come through the supply chain amid uncertainty over how the Middle East conflict will hit shoppers. The supermarket giant said trading was "encouraging" in recent months but highlighted…...

1+ week, 1+ day ago  (553+ words) The number of home mortgage approvals made to buyers dropped to a two-and-a-half-year low last month, figures show. Experts said the impact of the war in the Middle East pushing up borrowing costs took its toll on buyer demand. Some…...

2+ week, 4+ day ago  (402+ words) Marks Electrical has said it is taking a more "cautious" outlook over annual sales and profitability as consumers rein in spending in the face of cost of living and unemployment worries. The group said while it has seen a recent…...

2+ week, 5+ day ago  (231+ words) Consumer confidence has plunged among traditionally optimistic younger adults amid fears for their personal finances and the wider economy, figures show. Gf K's long-running Consumer Confidence Index remained unchanged at an overall score of minus 23 in June. However, the analyst…...

2+ week, 6+ day ago  (504+ words) An easing of inflation in May across a range of groceries and kitchen appliances helped offset the impact of a jump in the price of petrol and air fares, meaning the UK's overall rate remained unchanged. It is not the…...

2+ week, 6+ day ago  (627+ words) UK inflation unexpectedly flatlined last month as a slowdown in food price rises offset pressure from airfares, according to official figures. The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation was recorded at 2. 8% in May, the same…...

3+ week, 11+ hour ago  (388+ words) UK inflation is set to have increased again last month over more expensive airfares and car duty. Economists have predicted that the rate of Consumer Price Index (CPI) inflation rose to 3% in May, from 2. 8% in April. It would mean that…...