Stock markets rose in the UK and the rest of Europe on Monday, as investors sought to buy back in following last week’s falling share prices on the back of Donald Trump’s latest tariff announcement. The FTSE 100 enjoyed a rise before US stocks followed suit to move higher - though Switzerland’s index took a hit due to the unexpectedly high tariff placed on the nation. On Tuesday UK stocks rose early but finished flat.
Elsewhere, mortgage rates are starting to hot up again in anticipation of an interest rate cut from the Bank of England later this week. The likes of Nationwide and Barclays have been reducing two- and five-year deal terms, with hundreds of thousands of homeowners still set to renew their deals this year.
