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The Latest Breaking News from Laith Khalaf

UK economy faces threat of ‘stagflation’ after bumpy 2024

Falling inflation allowed the Bank of England to cut rates twice in 2024, but faltering growth and pressure on prices is clouding the outlook.

Evening Standard

FTSE 100 edges higher despite UK economy stalling in third quarter

London’s FTSE 100 closed 18.11 points higher, or 0.22%, at 8,102.72.

The Independent UK

Why have interest rates been cut, and what does it mean?

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Evening Standard

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

Post-budget sell-off of government bonds by worried City traders intensifies, pushing up UK borrowing costs – as it happened

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

The Guardian - UK

Inflation to fall to 3.5% this week but Bank of England won’t cut interest rates, City markets suggest

City experts predict that rate of price rises will hit BOE’s target in one or two months’ time

Evening Standard

When will interest rates fall? Experts warn of ‘more pain to swallow’ after latest hike

Mortgage rates could remain elevated ‘indefinitely’, analyst says

The Independent UK

What are the best options if you are looking for a mortgage?

With interest rates predicted to rise again and cost of fixed-rate deals on the up, here’s what you need to know

The Guardian - UK

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Average mortgage rate for two-year fixed deal edges closer to 6%

Nationwide is latest lender to lift cost of deals as borrowers brace for 13th successive Bank of England interest rate rise

The Guardian - UK

Crackdown on firms marketing cryptoassets to be introduced by City regulator

Crypto firms will also have to place appropriate risk warnings in marketing, and a cooling-off period will be introduced under the plans.

The Independent UK

The ins and outs of inheritance tax

Inheritance tax is seen as the most unfair tax in the UK, despite the small number of families who actually have to pay it.

The Week

UK interest rates could rise to 4.5% in face of stubborn inflation

Economists think the Bank of England could raise interest rates by a further 0.25 percentage points on Thursday

Evening Standard

'Light at the end of the tunnel' as expert suggests food prices could fall soon

Supermarkets have been battling each other on price, but shoppers have seen big increases in the cost of some items

Wales Online

Expert hints food prices could FINALLY fall after another supermarket cuts price of milk

Tesco yesterday cut the price of a four pint of milk from £1.65 to £1.55, two pints from £1.30 to £1.25 and one pint from 95p to 90p - and experts say this could be the start of food bills coming down

Daily Mirror

How much does milk cost? UK dairy product prices could rise more, warns leading dairy producer

The price of milk and other products could keep going up unless staff shortages ease, industry leaders warn

Evening Standard

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Evening Standard

How To Invest £10,000

A bonus, inheritance, savings target, or even a winning lottery ticket, could all amount to a sum of £10,000.

Evening Standard

Best Index Tracker Funds

Learn how index funds work, what they offer investors and what to look for when choosing your fund. Take a look at the best index tracker funds.

The Independent UK

Bank of England poised to hike interest rates to 1.25% in battle against inflation

Base rate of interest currently stands at 1 per cent - its highest point in 13 years

The Independent UK

Economists warn on stagflation but conflicted on future rates rises

Experts are predicting further rates rises but warn it will be difficult for the Bank of England to control inflation without risking recession.

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