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The pound fell more than 1%, falling below $1.29, as the stronger dollar gained momentum after early US election results ...

Increased borrowing by the government often leads to higher bond yields – the rate of interest the government has to pay to investors – as it competes for funds in the financial markets. This in turn ...

Santander customers face wait for better interest rates despite today's cut Santander has been criticised by brokers after ...

The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation and the economy.

Jittery lenders have raised mortgage rates despite an expected cut to the Bank of England Bank Rate today.Virgin Money and Halifax increased their fixed-rate deals by as much as 0.25pc, sparked in ...

UK homeowners have been issued an urgent warning as mortgage rates are projected to climb to 4.5 per cent by 2027, according to the latest figures. The warning follows the bleak outlook on Britain's ...

The Bank of England announces its latest interest rate decision at midday after a blockbuster budget rattled markets. Read this and the rest of today's personal finance and consumer news below.

HSBC and StanChart have also between them paid over $3 billion in U.S. fines over failings in anti-money laundering controls since 2012, while Barclays in 2022 agreed to a $361 million penalty over ...

Over the past three days, sterling dropped by 1.2%, according to an Intraday Price Chart. By 2pm today ... Gilt yields affect swap rates, which are predictions of future interest rates. Swap rates ...

The OBR said the Chancellor will increase borrowing by £32 billion a year, meaning interest ... the yield on UK Government ...

This was a big drop from the June quarter's annual pace of 3.8 per cent, based on one-off $300 electricity rebates and a ...