UK mortgage market faces ‘significant stress’ – Morgan Stanley
Britain’s mortgage market faces significant stress as households struggle to meet the surging cost of home loans, investment bank Morgan Stanley said in a research note on Monday.
Santander UK, Virgin Money join firms helping staff with cost of living crisis
The British arm of Spanish lender Santander (SAN.MC) said on Tuesday it would award a 4% pay rise to around 11,000 UK-based employees to help with the rising cost of living, as inflation cripples household budgets across Britain and beyond.
