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News
Bank of England set to hold interest rates at 3.75
1+ hour, 45+ min ago (506+ words) The Bank of England is expected to hold interest rates again next week despite fresh uncertainty in the Middle East. Economists have said they still expect a majority of the Bank’s rate-setting committee to opt to keep the base interest…...
Mortgage lending increases despite elevated rates for homeowners
15+ hour, 4+ min ago (336+ words) Mortgage lending was higher last month despite increases in rates for homeowners, according to Bank of England figures. The central bank said in its regular money and credit report that net borrowing of mortgage debt jumped to £7.7 billion in June,…...
Dettol and Durex boss warns UK shoppers prices will rise this year
17+ hour, 5+ min ago (310+ words) Household goods giant Reckitt Benckiser has said it is increasing prices in the UK and worldwide. Reckitt Benckiser, the company behind brands such as Dettol and Durex, says prices will rise to offset higher costs linked to the ongoing conflict…...
How lucky are Worcestershire Premium Bond holders?
1+ day, 20+ hour ago (102+ words) Worcestershire has been ranked 26th in the UK for Premium Bond winners. The county recorded 347 Premium Bonds winners for every 100,000 residents over the past 12 months. It had 2,155 high-value winners (each winning £1,000 or more), claiming prizes worth £6.3 million. The analysis by Bitz....
Bank set to hold interest rates despite intensifying Middle East war
3+ day, 16+ hour ago (483+ words) The Bank of England is expected to hold interest rates again next week despite fresh uncertainty in the Middle East. Economists have said they still expect a majority of the Bank’s rate-setting committee to opt to keep the base interest…...
UK supermarket announces change to supply of popular foods amid drought fears
3+ day, 18+ hour ago (634+ words) Sainsbury’s is ramping up its support for British-grown produce with plans to boost supplies of UK tomatoes, cucumbers, and peppers. The move comes amid fears of drought affecting crops imported from abroad. The supermarket giant has signed new 10-year partnership…...
Sainsbury’s to increase British salad produce amid drought fears abroad
3+ day, 23+ hour ago (465+ words) Sainsbury’s is to increase supplies of British tomatoes, cucumbers and peppers amid fears of drought affecting crops imported from abroad. The UK’s second biggest supermarket has signed new 10-year partnerships with UK producers Evesham Vale Growers and Thanet Earth to…...
Shoppers more optimistic as 'Burnham bounce' sees biggest confidence boost since 2023
5+ day, 16+ hour ago (489+ words) Consumer confidence has recorded its biggest monthly jump in almost three years, with experts crediting a growing 'Burnham bounce' alongside sunny weather and the World Cup for lifting the nation's mood. New figures from GfK show overall consumer confidence rose…...
UK business activity buoyed by staycations, hot weather and World Cup
5+ day, 14+ hour ago (373+ words) The recent heatwave, the World Cup and staycations by holidaymakers helped UK business activity bounce back to surprise growth this month. New early figures showed that activity in the private sector increased for the first in three months in July....
Consumer confidence sees six-point ‘Burnham bounce’
5+ day, 16+ hour ago (319+ words) Consumer confidence has seen a significant six-point “Burnham bounce” – the largest increase since November 2023. GfK said the heatwaves, football success and a new Prime Minister appeared to have “lifted the mood”, albeit the headline figure remaining firmly in negative territory…...