Articles
Budget 2024: When is it and what will it mean for my money?
The budget statement is delivered in the House of Commons annually and provides a guide to what the government intends to do financially. Specifically, where they are committed to spending more money, how the funds will be raised, and whether there will be any tax hikes or cuts.
Less scope for tax cuts in budget
Jeremy Hunt hasn’t poured cold water on the chances of tax cuts in the March Budget announcement, but he has revealed that there is less scope to implement tax cuts than he hoped there would be previously.
Mortgage rate cuts despite economic fears
Several mortgage providers have announced cuts to mortgage interest rates, including HSBC, NatWest, TSB and Metro Bank. This aligns with the BBC recently reporting data that the average two-year fixed mortgage rate has dropped from 5.93% at the start of the year to 5.62% today.
Inflation falls to 3.9%: Will interest rates be cut?
If you’re a homeowner paying a mortgage, the latest data from the Office for National Statistics (ONS) should encourage you into action. We’ve outlined the key facts and what you need to know.
Bank of England boss has economic concerns
The Governor of the Bank of England (BoE), Andrew Bailey, has sounded the alarm on the UK’s economic growth outlook. He believes the potential for the UK to experience economic growth in the near future is lower than it has been across much of his working life, also citing that interest rates are unlikely to come down any time soon.
