Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm

Friday, 29 November 2024

Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm

Around half the UK's mortgage holders face paying higher rates over the next three years, the Bank of England has warned, as its battle against inflation continues to drag on longer than hoped.

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Bank of England Central bank of the United Kingdom

Starmer has a battle on his hands - but when it's green v growth, there's only one winner

Keir Starmer was touring the UK National Nuclear Laboratory in Preston when the Bank of England halved its 2025 growth forecast, cut interest rates for the third..
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Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN Duration: 00:46Published on January 1, 1970

Interest rate cut - but economic growth forecast slashed in blow to chancellor

The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.
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New Trump administration's sudden involvement bewilders Kosovo ahead of elections [Video]

New Trump administration's sudden involvement bewilders Kosovo ahead of elections

Former US envoy for Kosovo and Serbia, Richard Grenell, recently appointed as Trump's special envoy for special missions, criticised the Kosovo prime minister, provoking bewilderment in Kosovo right before the vote on Sunday.

Credit: euronews (in English) Duration: 02:00Published on January 1, 1970

Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm

💡 newsR Knowledge: Other News Mentions

Bank of England Central bank of the United Kingdom

Starmer has a battle on his hands - but when it's green v growth, there's only one winner

Interest rate cut - but economic growth forecast slashed in blow to chancellor

Donald Trump President of the United States (2017–2021, 2025–present)

Zelenskyy tells Trump 'let's do a deal' for Ukraine's rare earths

NFL commissioner 'welcomes' Trump attendance at Super Bowl

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