Economists split on tomorrow's interest rate decision as inflation ...
Sep 18, 2024 · UK inflation was unchanged at 2.2% in August, in line with market expectations but below the Bank of England's forecast of 2.4%, leaving industry experts divided on the future path of Bank Rate.
Below-expected inflation paves the way for two interest rate cuts …
Oct 16, 2024 · CPI inflation has fallen from 2.2% in August to 1.7% in September, below the Bank of England's 2% target and below economists' forecasts of 1.9%.
Bank of England reduces interest rates to 4.75%
Nov 7, 2024 · The Bank of England's Monetary Policy Committee has voted 8–1 to reduce Bank Rate from 5% to 4.75%. One member preferred to maintain Bank Rate at 5%.
Misconduct allegations at financial services firms up by 72%: FCA
Oct 25, 2024 · A new survey of over 1,000 firms by the FCA has found that the number of non-financial misconduct allegations reported has increased by 72% between 2021 and 2023.
How do we ramp up delivery of new homes? | Financial Reporter
2 days ago · The government have set out steps to help invigorate and support the housing industry. Their proposal is to deliver 1.5 million homes over the next five years by releasing grey belt land to ...
FCA chief says easing mortgage lending rules risks more defaults
4 days ago · The FCA’s chief executive, Nikhil Rathi, has urged politicians to define acceptable consumer harm, warning that easing mortgage rules could increase defaults and fraud.
Mortgage affordability stretched, but gradually improving: …
2 days ago · Mortgage affordability has seen a modest improvement over past year, but affordability remains stretched by historic standards, according to the latest research from Nationwide.
FCA to make permanent rules on supporting struggling borrowers …
May 25, 2023 · FCA to make permanent rules on supporting struggling borrowers as redress hits £47m. Lenders have paid out up to £47m in redress to borrowers in difficulty.
2024: A specialist look into the future | Financial Reporter
Dec 8, 2023 · The past few years have certainly been harder to predict than many of their predecessors. While it takes a brave person to put their head on the chopping block in terms of placing some hard and ...
About Us - Financial Reporter
2 days ago · About Us. Founded in August 2009, Financial Reporter is an online news service for the UK financial services industry, reaching over 21,000 industry individuals every day through our website and ...