Politicians wrestle with the reality of going green
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Economy
Two-year UK mortgage rate rises above 6%
The cost of a two-year fixed-rate mortgage in the UK rose above 6 per cent on Monday and two-year gilt yields rose to…
How Hong Kong’s multinationals and global funds are preparing for the worst
A phrase you hear used with a lot more friction than before, remarks a senior Hong Kong investment banker on the theme…
America is telling a very different story about trade
Paradigm shifts happen slowly, and then all at once. This was the case during the last economic shift, in the…
UK households remortgaging in 2024 face £2,900 rise in annual payments
UK households that come to the end of fixed-rate mortgage deals next year face an average £2,900 increase in annual…
A warning for the smug mortgage bores
In a week where the entire nation has been gripped by interest rate panic, the loudest voices in the room are those of…
Investors brace for higher rates after hawkish signals from central banks
Investors are having to adjust to the prospect of interest rates across major economies staying higher for longer than…
Tesco chief hails ‘encouraging’ signs that inflationary pressures are easing
Tesco chief executive Ken Murphy said there were “encouraging” signs that the inflationary pressures facing Britain’s…
Failed investments threaten ‘financial viability’ of UK council
The scale of losses facing Thurrock council in Essex as a result of failed investments has “undermined its financial…
Jay Powell’s conversion | Financial Times
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