Business News, UK News
Lenders urge Chancellor Kwasi Kwarteng to prolong mortgage guarantee programmed.
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Risk of a £50 billion bond sale prompted a Bank of England emergency measure.
The aftermath of the mini-budget might have resulted in a £50 billion firesale of UK government bonds by pension funds, ...
National Grid warns of possible power outages throughout the winter months.
National Grid has warned that if gas supplies fall dangerously low this winter, British homes might lose electricity for up ...
Saturday will see only one in five trains operating due to a rail strike.
This Saturday, only 20% of Britain’s trains will operate owing to a strike, and passengers are advised to only travel ...
Lenders urge Chancellor Kwasi Kwarteng to prolong mortgage guarantee programmed.
Executives from major banks will ask the chancellor to extend a home loan guarantee program that is set to expire ...
Tesco “inflates prices less and later” than the competition.
The corporation cautions that its annual profits will fall short of forecasts as it invests in its prices and personnel ...
Kwarteng will meet high street bank heads amid mortgage market freeze
Concerned about the impact of recent market upheaval on the availability of home loans, the chancellor will meet on Thursday ...
As daily production decreases by two million barrels, oil prices will increase.
The statement was widely anticipated, and oil prices had increased by 5 percent since Friday. Brent crude prices increased to ...
iPhone 14 Pro and Pro Max aren’t available until NOVEMBER. Apple’s latest smartphones have a one-month wait due to high demand.
Apple’s new iPhone 14 Pro and Pro Max will not be available to consumers until November due to high demand. ...
After a U-turn on the debt plan, the pound reaches a two-week high.
The pound has reached its highest level in two weeks as a result of the chancellor’s attempt to soothe investors ...
Concerns about the financial stability of Credit Suisse have weighed on its stock price.
On Monday, Credit Suisse stock plummeted as concerns over the Swiss bank’s financial health intensified. After the bank’s CEO failed ...
Energy regulator: ‘significant risk’ of UK gas supply emergency
Ofgem’s comments were made public just days before National Grid is set to provide an update on the possibility of ...
Interest rates rise when squeezing tightens rapidly
According to new data, major mortgage lenders are boosting the cost of home loans, with the average two-year fixed rate ...