Average rent forecasted to rise by 13% over the next three years
New research from the Resolution Foundation suggests that the average rent in the UK could soar by 13% over the…
First Time Since July 2022, UK Manufacturing Sector Sees Growth Resurgence in March 2024
After nearly two years of contraction, the UK manufacturing sector has finally marked a return to growth in March 2024,…
Mortgage Approvals Surge to 17-Month High Amid Market Optimism
In a promising sign for the UK housing market, data from the Bank of England reveals that mortgage approvals soared…
22% rise are expected by Mortgage Defaults over next 12 months
In a landscape marked by escalating interest rates and economic turbulence, a recent report from Fuse, an AI-powered transaction analytics…
Money Statistics: March 2024 – An Overview
The Money Charity presents a comprehensive snapshot of the UK’s financial landscape, offering insights into personal debt, housing trends, spending…
Bank of England’s Evaluation: UK Navigating Higher Interest Rates
In a recent update, the Bank of England (BoE) has shed light on the UK’s economic resilience amidst sustained high…
Income Poverty Rates Similar to Pre-Pandemic Levels, but Financial Hardship Persists
Recent household income statistics reveal a concerning trend: while income poverty rates remain comparable to pre-pandemic levels, other indicators of…
Interest Rates Remain at 5.25% for Fifth Consecutive Month
The Bank of England’s Monetary Policy Committee (MPC) has opted to maintain interest rates at 5.25% for the fifth consecutive…
The Escalating Household Debt Crisis: Call for Action
Recent polling conducted by Debt Justice has unveiled a stark reality: a record-breaking 6.7 million individuals in Britain are grappling…
UK Inflation Falls to 3.4% – Lowest Level in Almost Two and a Half Years
In welcome news for British consumers, UK inflation has dipped to 3.4% in the year to February, marking its lowest…