Finance news

• UK car industry hopes £4bn Tata gigafactory electrifies the sector

  19-07-2023 21:37
  Planned investment provides a boost for an industry struggling with the transition to EVs
  
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• UK government pays £500mn in subsidies for Tata battery plant

  19-07-2023 20:49
  Sunak hails ‘vote of confidence’ in Britain as ministers also hope for BMW to announce a new electric Mini facility in Oxford
  
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• Inflation figures ‘excellent news' for mortgages as analysts predict rates have 'peaked'

  19-07-2023 18:26 via express.co.uk
  
  Mortgage interest rates could have already "peaked" following an unexpected drop in inflation in June.
  
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• UK government can’t pick winners but it can help the car industry succeed

  19-07-2023 18:18
  Believers in the free market must reckon with countries prepared to spend colossal sums to claim a share of the market
  
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• Kemi Badenoch: UK government can’t pick winners but it can help the car industry succeed

  19-07-2023 18:18
  Believers in the free market must reckon with countries prepared to spend colossal sums to claim a share of the market
  
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• Tata/JLR: battery gigafactory is a pricey trophy UK cannot do without

  19-07-2023 17:35
  What the Brexit-battered car industry really needs is a giant manufacturing plant run by a market leader
  
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• Could the UK inflation crisis be at a turning point?

  19-07-2023 17:01
  Unexpected drop in consumer price growth has made the country less of an international outlier
  
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• UK rents reach record high as mortgage rate rises hit housing market

  19-07-2023 16:37
  Post-pandemic bounce back in demand combines with soaring interest rates to squeeze tenants
  
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• Savers urged to ‘move quickly’ as fixed rates soar - top savings deals today

  19-07-2023 16:24 via express.co.uk
  
  Savings interest rates have improved "across the spectrum", with some accounts offering up to 6.44 percent.
  
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• POLL: What should replace the BBC licence fee?

  19-07-2023 15:12 via express.co.uk
  
  The BBC is required to have a new funding model agreed by 2028, but what do you think should replace the current licence fee? Vote and join in the debate below.
  
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• Santander boosts rates on savings accounts and renames products - full list of changes

  19-07-2023 15:10 via express.co.uk
  
  Santander is increasing rates on a range of accounts by between 0.15 percent and 0.5 percent.
  
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• Big banks rake in £300m charging holidaymakers transaction fees on debit cards overseas

  19-07-2023 15:04 via express.co.uk
  
  Some banks are charging holidaymakers up to 2.99 percent on overseas transactions.
  
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• UK universities set to secure big cut in pensions bill

  19-07-2023 14:22
  Universities Superannuation Scheme records a surplus after more than a decade in deficit due to sharp rise in interest rates
  
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• Thousands shaved off property prices as mortgage broker predicts further falls

  19-07-2023 14:16 via express.co.uk
  
  The average UK house price fell by 0.4 percent in May 2023, offering some hope for those looking to get on the property ladder.
  
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• 'If all adults get £75 a week, NHS would save billions and child poverty reduced’ - study

  19-07-2023 14:16 via express.co.uk
  
  Giving every adult £75 a week could save the NHS billions and help reduce child poverty a study has found.
  
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• There is no low-tax option at the next UK election

  19-07-2023 13:49
  Both major parties have yet to be totally honest with the electorate
  
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• There is no low-tax option at the next election

  19-07-2023 13:49
  Both major parties have yet to be totally honest with the electorate
  
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• Macquarie takes further control of Britain’s gas network

  19-07-2023 13:24
  World’s biggest infrastructure investor raises stake in National Gas and bets on bigger role for hydrogen
  
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• UK property stocks surge after inflation falls

  19-07-2023 12:57
  Prospect of end to Bank of England tightening provides hope for sector hammered by interest rate rises
  
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• UK property stocks drive FTSE 100 rally after inflation falls

  19-07-2023 12:57
  Prospect of end to Bank of England tightening provides hope for sector hammered by interest rate rises
  
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• ‘I converted my garden shed into an affordable tiny home for only £12,000’

  19-07-2023 10:35 via express.co.uk
  
  TikTok content creators are documenting their new tiny homes, which are considered a new and more affordable way of living.
  
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• 'We're winning!' Today's inflation dip was good news - next month will be even better

  19-07-2023 10:27 via express.co.uk
  
  This morning's large drop in consumer price inflation is the first decent piece of news we've had in some time, and we should enjoy it. Plus there's more to come.
  
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• Tata to build £4bn UK battery factory to supply Jaguar Land Rover

  19-07-2023 09:18
  Indian conglomerate’s decision represents significant win for British electric-car industry
  
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• Inflation still bites Britons in key areas including food as core prices barely budge down

  19-07-2023 08:35 via express.co.uk
  
  Britons continue to face soaring prices eating into the value of their cash as core inflation remains high at 6.9 percent for the month to June, dropping from 7.1 percent for the previous month.
  
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• UK inflation falls more than expected to 7.9% in June

  19-07-2023 08:09
  Figure down from 8.7% in May and lower than economist forecasts
  
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• Macquarie’s grip on global infrastructure

  19-07-2023 06:01
  
  Inside Thames Water’s troubles and what happens when private companies own utilities
  
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• Sunak to push back decision on UK rejoining Horizon until after summer

  19-07-2023 05:00
  Scientists’ hopes for end to delay on access to EU research programme look to be dashed
  
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• UK-listed company profit warnings rise for seventh consecutive quarter

  19-07-2023 01:01
  Higher borrowing costs help sustain the longest run in increased alerts since 2008
  
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• Price of UK car insurance accelerates to all-time high

  19-07-2023 01:01
  More pressure on households in cost of living crisis as quotes rise a record 40%
  
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