UK sees biggest increase in poverty for 30 years
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Reading Time: < 1 minuteThe energy price crisis caused the sharpest increase in UK absolute poverty in 30 years, new figures show. Read More
Turkey's central bank hikes rate to 50% as inflation rises
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Reading Time: < 1 minuteTurkey’s central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world’s highest inflation rates…
Bank of England keeps interest rates on hold, but shows signs of cuts to come
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Reading Time: < 1 minuteThe Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that…
Bank of England to cut interest rates in June, economists forecast
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Reading Time: < 1 minuteThe Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as…
'Are we missing something?' - Shock as Halifax becomes fourth lender to up mortgage rates today
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Reading Time: < 1 minuteMortgage brokers were shocked as Halifax became the fourth major mortgage lender to up interest rates today, despite relative calm in the financial markets that tend to set home loan prices. Read…
NIGERIA: Customs suspend rice sale after seven die in stampede
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Reading Time: < 1 minuteThe Nigeria Customs Service, on Monday, announced the suspension of the sale of foodstuffs following a stampede that reportedly killed seven persons.Read…
Dutch-style mortgages come to Britain
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Reading Time: < 1 minuteA Dutch lender is offering Britain’s borrowers mortgages where the interest rate automatically falls as the size of the loan shrinks. Read…
‘I'm a funeral director - we're seeing a huge spike in families who can't pay for burials'
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Reading Time: < 1 minuteA London funeral director has spoken about a worrying trend in families struggling to afford funerals for their loved ones. Read More
More than 47,000 UK businesses on ‘brink of collapse’, warn insolvency experts
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Reading Time: < 1 minuteMore than 47,000 UK companies are on the brink of collapse after a 25% jump in businesses facing “critical” financial distress in…
Homeowners who take on lodgers are stung by stealth tax raid
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Reading Time: < 1 minuteHomeowners taking on lodgers are paying more tax under a stealth raid on rental income. Read More