Bank of England Rate Pause
Bank of England holds rates at 3.75% for fourth consecutive meeting as Iran conflict stalls inflation progress and keeps borrowing costs elevated.
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- EVENTNationwide cuts mortgage rates as UK lender price war intensifies
Competition for home loans heats up as the UK's largest building society joins peers in slashing borrowing costs, signaling a shift in the domestic credit market.
- MARKETUK mortgage approvals plunge 15% in May as property market stalls
Sharp drop in purchase approvals signals cooling demand despite lenders preparing for rate cuts amid sticky inflation.
- MARKETEPC (EPC)
▲ 8.75% close $27.72 from $25.49
- MARKETUK green homes fetch only £4,500 premium despite high retrofit costs
Data reveals a stark gap between the cost of energy efficiency upgrades and the modest valuation boost buyers are willing to pay, challenging the economics of the green housing market.
- MARKETEPC (EPC)
▼ 4.10% close $25.49 from $26.58
- MARKETEPC (EPC)
▲ 15.40% close $26.22 from $22.72
- DATABank of England holds rates at 3.75% as Iran conflict stalls inflation progress
Policymakers cite geopolitical uncertainty and persistent price pressures to justify the fourth consecutive pause, keeping borrowing costs steady since December.
- DATABank of England holds rates at 3.75% as Iran conflict stalls inflation progress
Policymakers cite geopolitical uncertainty and persistent price pressures to justify the fourth consecutive pause, keeping borrowing costs steady since December.
- CB MEETINGBank of England rate decision (press conf.) GB high
Title actor match
- CB MEETINGBank of England rate decision GB high
Title actor match