What Does Record-High Business Confidence Mean for the UK Economy?
In a significant boost to the UK economy, optimism among British…
Inflation and Weather Woes: Why UK Consumers Are Cutting Back on Spending
Recent data from the British Retail Consortium (BRC) highlights a trend…
UK Consumers Tighten Purse Strings as Credit Borrowing Declines
Recent data from the Bank of England indicates a slight decline…
Latest Articles
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…
Household Bills Predicted to Fall by £350: What You Need to Know
In a welcomed relief for UK households, the annual cost of household bills is anticipated to decrease by an average…
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…
Business Confidence Remains Resilient
Amidst the backdrop of ongoing economic turbulence, Lloyds Bank’s latest Business Barometer offers a glimmer of optimism, with business confidence…
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…
BNPL Surpasses Payday Loans: Insights from Lenvi’s Report
Recent findings from a comprehensive report by Lenvi have illuminated a significant shift in borrowing behaviors, with Buy Now Pay…
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…
Ofgem Initiates Consultation on Energy Price Cap Revisions: Exploring Options for Fairness and Efficiency
The energy landscape in the UK is undergoing significant transformation, prompting regulatory bodies like Ofgem to reassess existing frameworks to…
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…