U.K. Economy Grows Weakly
A small acceleration in the second quarter was better than analysts had expected.
The Bank of England Raises Rates Again
Britain’s central bank raised rates for a 14th consecutive time as it warned that some risks from persistent inflation were “crystallizing.”
Posted inBank of England Economic Conditions and Trends Inflation (Economics) Interest Rates Mortgages Office for National Statistics (United Kingdom)
U.K. Inflation Rate Slows to 7.9 Percent
The larger-than-expected slowdown, led by motor vehicle fuel prices, offers some relief to the government and the Bank of England.
Posted inBank of England Banking and Financial Institutions Economic Conditions and Trends Great Britain Interest Rates Mortgages Real Estate and Housing (Residential)
Why Britain’s Mortgage Holders Are Being Squeezed
The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.