‘Huge sigh of relief’ for renters after housing allowance unfrozen
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Reading Time: < 1 minuteDecisions to raise benefits in line with inflation and to unfreeze local housing allowance have been welcomed, with a cautionary warning that…
Energy bills to rise by £94 from January plunging more cash-strapped families into misery as typical yearly household bill hits £1,928
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Reading Time: < 1 minuteThe average household energy bill will rise by £94 a year to £1,931 from January, Ofgem announced today. Read More
Red tape axed for property owners who want to convert their homes
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Reading Time: < 1 minuteJeremy Hunt yesterday announced plans to scrap planning permission for property owners wanting to convert their homes into two flats. Read More
OBR warns house prices could fall almost 5% next year taking the average price of a home to £266,000 and won't recover to their 2022 peak until 2027
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Reading Time: < 1 minuteAverage house prices will fall by almost £25,000 next year and they are unlikely to recover to their 2022 high until 2027,…
Nationwide sends mortgage rates below 4.5% for first time since June Story
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Reading Time: < 1 minuteBorrowers can now secure a fixed rate mortgage with an interest rate below 4.5 per cent, after Nationwide announced its ninth round…
USA: Home sales slumped to slowest pace in more than 13 years in October as prices, borrowing costs, soar
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Reading Time: < 1 minute Sales of previously occupied U.S. homes slumped in October to their slowest pace in more than 13 years as surging mortgage…
J.P.Morgan expects BoE to deliver its first rate cut in Q4 2024
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Reading Time: < 1 minuteJ.P.Morgan said it now expects the Bank of England (BoE) to deliver 50 basis points of interest rate cuts in the fourth…
Jeremy Hunt hammers smokers: Price of hand-rolling tobacco will increase by almost £3 per 30g pack TONIGHT ettes will rise by 85p as Chancellor hikes duties
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Reading Time: < 1 minuteThe price of rolling tobacco is set to soar tonight as Jeremy Hunt hammered smokers with huge tax rises in his Autumn Statement. Read More
Minimum wage to rise to £11.44 in April next year
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Reading Time: < 1 minuteThe national living wage will rise to £11.44 in April next year, the Treasury has announced. Read More
‘Far too early’ to propose UK interest rate cuts, says Bank of England governor
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Reading Time: < 1 minuteUK interest rates will need to stay high for some time despite the sharp fall in the annual inflation rate, the governor…