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The Latest Breaking News from Andrew Wishart

Shrinking economy takes toll on FTSE 100 amid ‘unsurprising surprise’

The index dipped after a promising start amid poor growth figures and US tech concerns.

Evening Standard

Stocks rise, pound firms after ‘tolerable’ Budget

Financial markets gave a guarded welcome to Chancellor Rachel Reeves’s plans on Wednesday.

The Independent UK

Warmer weather and falling UK inflation lift retail sales

ONS says most retailers enjoyed a better month in May, with increases in clothing and household goods

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

UK mortgage approvals fall to five-month low as rate hikes hit demand

July is traditionally busy month for home buying but surge in interest rates has begun to ‘take its toll’

The Guardian - UK

UK mortgage approvals rise despite surge in borrowing rates

Surprise jump in demand for home loans as borrowers ‘scramble’ to get ahead of interest rate increases

The Guardian - UK

Risks of UK housing crash rising by the day as fixed-rate mortgage deals end

The tipping point for the economy could come if fixed-rate mortgages rise above 7%

The Guardian - UK

How rising interest rates sent the UK housing market into reverse

An end to ultra-low rates mean borrowers can only afford smaller mortgages

The Guardian - UK

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Why UK house prices could plunge by 20% after the latest interest rate hike

Property market has defied gravity for years but analysts say rising mortgage rates will mirror the 1980s price crash

The Guardian - UK

Experts predict housing market will cool in 2023 as UK enters a recession

The slowdown is expected to intensify with price declines between 5% and 12%

The Guardian - UK

High-rise mortgage costs see surge in rents across the UK

House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite

The Guardian - UK

First-time buyers see hopes destroyed amid rising interest rates and higher rents

The property market is set to weaken from the bottom up as people struggle to climb onto the housing ladder, economists warn

The Independent UK

UK house prices predicted to drop by at least 10% in 2023

As lenders pull mortgage products amid interest rate turmoil, experts forecast ‘significant fall’

The Guardian - UK

House prices expected to fall by up to 12 per cent - find out how your area compares

The real-term shrinking of household income, coupled with costs and mortgage prices rising, will mean the current high number of property buyers will likely decline sharply

Daily Mirror

Doting dad at centre of Salford murder investigation named as family pays heartbreaking tribute

'He gained his angel wings far too soon'

Manchester Evening News

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