UK Finance

UK Banks Show Resilience Amid Rising Interest Rates, Offering Support to Struggling Households

The Bank of England's recent assessment provides reassurance that major UK banks are well-positioned to support struggling households amid rising…

2 years ago

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Investors uneasy as market decline accelerates

The Bank of England maintained that it is emergency bond-buying program would expire this week, which caused more instability in…

3 years ago

Analysis: British banks’ mortgage payday comes with sting in the tail

While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country's…

3 years ago