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The Latest Breaking News from Interest Rates

HSBC customers to get savings boost as bank makes big changes next week

The bank chain will increase interest rates on some saving accounts with increases of up to 0.75 percentage points

Manchester Evening News

New regular saver account opens offering inflation-busting 9% - but can you beat it elsewhere?

The interest rates offered on regular saver accounts has started to boom with the newest addition to the market paying a rate of 9% - but how do they all compare?

Daily Mirror

‘It left me with nothing’: the debt trap of payday loans

Some payday loans have interest rates as high as 664% – but now Minnesota will cap them at 36%, in line with some other states

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

What is behind a rise in evictions and what does it means for the rental sector?

No-fault evictions are on the increase even as the Government prepares to ban the practice.

The Independent UK

Barbara Corcoran says it’s a ‘good time to buy’ because home prices are going to ‘explode’ when mortgage rates drop

As a guest on Good Morning America, Barbara Corcoran spilled all her housing tips.

Fortune

'What’s happening in the office sector is apocalyptical': This commercial real estate CEO says the crash has already started

"The wings of the plane are on fire, the plane is coming down. It’s just a matter of how hard it’s going to hit," says CRE executive Fred Cordova.

Fortune

Why UK inflation is so high compared to EU and US and what to do about it

Britain has a bigger inflation problem than either the US or the eurozone, according to Bank of England policymaker Catherine Mann.

The Conversation

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House prices falling at their fastest rate in nearly 14 years as buyers reel from higher interest rates

Buyers ‘spooked’ by threat of yet more interest rate rise pain on mortgages

Evening Standard

UK mortgage lending hits record low in sign of housing market stress

Bank of England data shows sharp dip in borrowing as Nationwide says house prices falling at fastest annual rate since 2009

The Guardian - UK

Eurozone inflation falls to 6.1%; Brexit a ‘historic economic error’; US private payrolls rise – as it happened

Eurozone inflation eased more than expected last month, as former US Treasury secretary Larry Summers warns Brexit helped to drive up UK inflation

The Guardian - UK

Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding

Sri Lanka’s Central Bank has reduced its interest rates for the first time since the island nation declared bankruptcy last year

The Independent UK

Why you'll pay more interest on your mortgage – maybe forever

Reserve Bank analyses whether interest rates will need to be pegged higher longterm, to keep inflation down. Jonathan Milne reports.

Newsroom.co.nz

British Land to drop out of FTSE 100 in reshuffle but Ocado survives

Developer hit by higher interest rates and 2022’s mini-budget but online retailer buoyed by stronger sales at M&S

The Guardian - UK

Unexpected spike in London house sales as homemovers defy rising interest rates and a stagnant economy

London property sales were 10 per cent above average for May despite soaring interest rates, falling demand and pressure on prices

Evening Standard

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news in one place.

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The Guardian - UK

UK and US poised to fall into recession as interest rates dampen growth

Moody’s report shows weak growth across G20 as central banks move to reduce persistent high inflation

inkl

4 Reasons Why You Should Consider Microlending To Fund Your Startup

Starting a business is an exciting yet often overwhelming process. From securing capital to market research and more, there are many critical elements that must be in place before you can open your doors and begin operations.

StockNews.com

3 Stocks Investors Are Buying for Stability

The odds of a further rate hike in June have increased due to stronger-than-expected economic figures. With the stock market expected to remain highly volatile amid growing inflationary pressures and rising interest rates, investors could consider buying fundamentally sound, stable stocks Hitachi (HTHIY), Honda Motor (HMC), and HOYA (HOCPY) for…

The Times of India

Economists see India’s first rate cut in 2024 for durable growth

NEW DELHI: Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first quarter of next year as inflation moderates and the economy stays resilient, according to the latest Bloomberg survey results.

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news in one place.

100’s of premium titles.
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The Guardian - AU

Philip Lowe ‘appalled’ by PwC scandal but says firm will continue to audit Reserve Bank

At an estimates hearing on Wednesday, RBA governor also repeats the bank’s commitment to raising interest rates to reduce inflation

The Guardian - AU

Queensland LNP criticised for ‘failure of leadership’ on voice – as it happened

This blog is now closed.

Kiplinger

A Guide to Debt: Good vs. Bad and Tips to Better Manage It

Debt might help or hurt your long-term finances, so be mindful of its use.

Evening Standard

OPINION - The Standard View: A mortgage time bomb is poised to detonate over London

A mortgage timebomb is poised to detonate. Since the Bank of England raised interest rates from 0.1 per cent to 4.5 per cent, research by the Resolution Foundation think-tank suggests that just a third of mortgage holders have been impacted. But that will not last.

Chronicle Live

Seven money changes coming in June including new DWP cost of living payment and Tesco Clubcard shake-up

From Tesco Clubcard holders to the £150 disability cost of living payment, there are massive money shake-ups coming in June

StockNews.com

3 Value Stocks Investors Want

Strong recent economic data and still-elevated inflation are expected to keep the Fed on track for another interest rate hike next month. With the stock market likely to remain volatile amid rising interest rates and other macro uncertainties, fundamentally sound stocks Astellas (ALPMY), Alkermes (ALKS), and AstroNova (ALOT), trading at…

Manchester Evening News

Seven money changes coming in June and how they'll impact your bank account

The Bank of England will make an interest rate announcement and the latest inflation rate will be released

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