The Bank of England is “penalising the young” by keeping rates on 95pc mortgages artificially high, the boss of one of Britain’s biggest housebuilders has warned.
Inflation has returned to the Bank of England’s 2 per cent target, the lowest since July 2021, down from a peak of 11.1 per cent in October 2022. This achievement places us with the second lowest inflation rate among G7 nations, ahead of…
By sticking to the clear plan inflation is back at the Bank of England’s 2.0 per cent target, the lowest point since July 2021, down from its peak of 11.1 per cent in October 2022. That means we can afford to cut taxes to put more money in…
Inflation in the U.K. returned to the Bank of England’s target for the first time in nearly three years, data that underscores the central bank will soon join other peers in beginning to reduce interest rates.