Finance news

• Chinese-owned battery group involved in Tata UK gigafactory

  04-08-2023 22:00
  Envision’s AESC to have a key role at Somerset site despite efforts to keep it secret
  
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• Lenders cut mortgage rates despite latest BoE rate rise

  04-08-2023 20:45
  Pain of higher interest rates is having an uneven effect on the housing market that looks set to persist
  
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• British Airways and union agree 13% pay rise for 24,000 staff

  04-08-2023 19:12
  Airline industry has been trying to avoid a repeat of last year’s travel chaos
  
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• British Airways agrees 13% pay rise for 24,000 staff, says Unite

  04-08-2023 19:12
  Airline industry has been trying to avoid a repeat of last year’s travel chaos
  
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• Interest rate rises are ‘working’, says BoE economist

  04-08-2023 18:39
  Tighter monetary policy starting to curb risk of inflation becoming embedded, Huw Pill argues
  
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• Creative industries warn IP rights under threat by hunt for ‘Brexit dividends’

  04-08-2023 15:31
  Rule changes by government would risk flooding UK with cheap, copycat products, warn business groups
  
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• Cash buyers hold trump cards in prime UK property market

  04-08-2023 14:49
  Mortgaged purchasers are cutting their budgets in the face of higher rates
  
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• UK housebuilding activity falls sharply in July

  04-08-2023 14:30
  Overall construction sector returns to growth due to strong pick-up in commercial activity, PMI survey finds
  
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• Yorkshire Building Society raises savings interest rates after Bank of England decision

  04-08-2023 14:28 via express.co.uk
  
  The building society confirmed it would match the Bank of England's 0.25 percentage point hike across its range of variable savings accounts.
  
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• Dave Ramsey explains the real key to building wealth and debunks ‘get-rich-quick cr**’

  04-08-2023 13:28 via express.co.uk
  
  The Ramsey Show outlined how people can bolster their income by avoiding apparent money-making scams on social media.
  
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• Coventry Building Society increases savings interest rates to 5.25%

  04-08-2023 12:38 via express.co.uk
  
  Savings interest rates are on the rise thanks to Coventry Building Society thanks to recent moves by the Bank of England.
  
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• Full list of pensions across Europe as Spain tops disposable income and UK languishes

  04-08-2023 12:24 via express.co.uk
  
  Pensions data from across the continent shows that the UK is paying out less than 15 countries and that Spanish pensioners have 3.5 times more disposable income.
  
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• Universal Credit claimants could face key change to payments if they're in a couple

  04-08-2023 11:59 via express.co.uk
  
  Couples usually receive their Universal Credit entitlement as a single payment but this could soon change.
  
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• Savings breakdown of first direct accounts raising interest rates to ‘competitive' levels

  04-08-2023 11:49 via express.co.uk
  
  Another Bank of England Base Rate rise has prompted more banks to boost their product rates, and first direct will be improving the returns on three different accounts.
  
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• Climate targets lie in the dust unless construction can tap young talent

  04-08-2023 10:30
  The industry’s training infrastructure needs a rethink if it is to match scale of upskilling required
  
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• Family who couldn't afford mortgage make one key change to buy home for just £7k

  04-08-2023 10:22 via express.co.uk
  
  The parents say their quality of life has improved as they have more time to spend with their children since moving away.
  
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• HSBC boosts interest rates across four savings accounts - see if yours is on the list

  04-08-2023 10:10 via express.co.uk
  
  HSBC bosses have urged customers to review their accounts to make sure they are getting the best rate.
  
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• Chase raises interest on easy access account to more competitive 4.1%

  04-08-2023 09:50 via express.co.uk
  
  While inflation remains high, Chase's interest rate rise comes in an effort to help saver's money "work harder".
  
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• Bank of England's interest rate hikes 'make no difference' to inflation, analyst warns

  04-08-2023 09:22 via express.co.uk
  
  The latest interest rates hike will have no effect on inflation while piling more pressure on Britons' budgets, a group has warned.
  
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• Nationwide Building Society increases interest rates across range of savings accounts

  04-08-2023 09:16 via express.co.uk
  
  In response to yesterday's Bank Rate rise, Nationwide Building Society has announced increases of up to 0.75 percent across a range of on and off-sale variable rate savings accounts.
  
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• ‘Overkill’ as ‘fixated’ BoE keeps hiking rates despite saying inflation will fall anyway

  04-08-2023 08:55 via express.co.uk
  
  Experts have savaged the Bank of England as repeated interest rate hikes will drive the economy into recession and cause misery for millions while having almost no impact on inflation which is falling anyway.
  
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• Looking for trouble in Treasuries

  04-08-2023 08:49
  Reiding the market tea leaves
  
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• UK estate agents build up lettings as homes sales boom ends

  04-08-2023 06:00
  Rental demand bolsters profits hit by downturn in market caused by rising rates
  
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• Savers sell investments to meet rising mortgage costs

  04-08-2023 06:00
  Almost £1bn withdrawn from equity and fixed income funds in June
  
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• Grandparents: give the gift of investment education

  04-08-2023 06:00
  As inheritance tax bills rise, pass on your financial savvy as well as your cash
  
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• Pay UK households to accept new power lines, report urges

  04-08-2023 01:01
  Move could help ease resistance to network projects in drive to wean country off fossil fuels, adviser says
  
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• New diagnostic centres to boost NHS testing capacity in England

  04-08-2023 01:01
  Partnership with private sector aimed at cutting waiting lists amid spending constraints
  
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