The Latest Breaking News on Rates probably on hold but all eyes on RBA governor

As we anticipate the possibility of another rate hike and advancements in technology, the consumer financial services sector stands poised for notable growth in the foreseeable future. Given this, which consumer financial services stock, Visa Inc. (V) or Global Payments (GPN), could generate superior returns? Let’s find out….

Help with bills via a social tariff would hark back to the success of the Covid universal credit uplift, writes Polly Toynbee

Updated GDP figures show UK recovering faster from pandemic than Germany or France, but mortgage approvals have fallen

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

The Bank of England’s decision to pause its interest hikes led to a further wave of rate cuts from lenders

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of England’s 14-month campaign of base rate hikes.

City Comment: The fallout from that extraordinary week is still being felt today

THE pound remained under intense selling pressure today as global investors backed the dollar leaving sterling on track for its worst month since Liz Truss’s disastrous mini-budget a year ago.